Dr Agarwals Eye Hospitals lines up Rs 1,000 cr investment, IPO in 24 months

Is expanding its footprint across the country, adding 100 eye hospitals and 500 outreach centres in three years

Chennai-based Dr Agarwals Eye Hospitals is planning to invest at least Rs 1,000 crore in expanding its footprint across the country by adding another 100 eye hospitals and around 500 outreach centers in the next three years. The company is also planning to go for an initial public offering (IPO) in 18-24 months.

On Friday, Aditya Jyot Eye hospital, one of Maharashtra’s leading eye care facilities, merged with Dr Agarwals Eye Hospital, becoming the 100th centre of the eye hospital chain. “We are looking to expand our footprint to 200 hospitals and 500 outreach station in the next three years, at