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Medanta brand-owner Global Health sets IPO price band at Rs 319-336/share

The IPO consists of a fresh issue of equity shares aggregating to Rs 500 crore and an offer for sale (OFS) of up to 5.08 crore equity shares

Medanta
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Global Health, backed by private equity investors like Carlyle Group and Temasek, operates a network of five hospitals under the Medanta brand in Gurugram, Indore, Ranchi, Lucknow and Patna

Press Trust of India
Global Health Limited, which operates and manages hospitals under the Medanta brand, on Friday said it has set a price band of Rs 319-336 a share for its Rs 2,206 crore initial public offering (IPO).

The initial share sale will open for public subscription during November 3-7. The bidding for anchor investors will open on November 2, according to the company.

The IPO consists of a fresh issue of equity shares aggregating to Rs 500 crore and an offer for sale (OFS) of up to 5.08 crore equity shares.

As a part of the OFS, Anant Investments, an affiliate of private equity major

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First Published: Oct 28 2022 | 10:51 PM IST

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