ABH Healthcare Ltd - IPO

ABH Healthcare Ltd IPO Details

Initial public issue* of upto 34,29,600 equity shares of face value of Rs. 10/- each (Equity Shares) of ABH Healthcare Limited , (ABH or the the Company or the Issuer) for cash at a price of Rs. 96-102 per equity share (Including a Securities Premium of Rs. 86-92 per equity share) (the Issue Price) aggregating to Rs.32.92-34.98 Crores (the Issue), of which 1,72,800* equity shares of face value of Rs.10/- each for cash at a price of Rs.96-102 per equity share including a securities premium of Rs.86-92 per equity share aggregating to Rs. 1.66-1.76 Crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. Net issue of 32,56,800 equity shares of face value of Rs.10/- each at a price of Rs. 96-102 per equity share including a securities premium of Rs. 86-92 per equity share aggregating to Rs.31.27-33.22 Crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 30.01% and 28.49%, respectively, of the post-issue paid up equity share capital of the company.Price Band: Rs. 96 to Rs. 102 per equity share of face value of Rs. 10/- each.The floor price is 9.60 times the face value of the equity shares and the cap price is 10.20 times the face value of the equity shares. Bids can be made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.

Objective of issue

Repayment/prepayment, in part or full, of certain of the borrowings. Funding the company working capital requirements. Funding inorganic growth through unidentified acquisitions and general corporate purposes#.

ABH Healthcare Ltd Contact Details

ABH Healthcare Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - investor@anilbaghihospital.com

Website - www.abhhealthcare.org