Business Standard

Fortis Healthcare Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

496.76 cr

Price Range (₹)

108

Lot Size

60

Min Investment (₹)

6,480.00

Listing Exchange

MumbaiNSE

Open Date

16-Apr-2007

Close Date

20-Apr-2007

Listing Date

09-May-2007

Fortis Healthcare Ltd News

    The Shares of Fortis Healthcare Ltd have now been listed.

    Fortis Healthcare Ltd IPO Details

    Public issue of 45,996,439 equity shares of Rs. 10 each (equity shares) of Fortis Healthcare Limited (the company or the issuer) for cash at a price of Rs.108/- per equity share aggregating Rs.496.76 Crores (the issue). The issue comprises a net issue to the public of 45,753,963 equity shares (The Net Issue) and a firm allotment of 242,476 equity shares to the eligible employees of the company (firm allotment portion). The net issue will constitute 20.19% of the post-issue paid up equity share capital of the company. Issue Price is Rs.108/- per equity share of face value Rs. 10/-eachThe Issue price is 10.8 times of the face value

    Objective of issue

    Construction of New Hospital by OBPL-subsidiaryCo.. Refinancing of funds availed for the Acquisition. Prepayment of short term loans. General Corporate Purposes.

    Fortis Healthcare Ltd Contact Details

    Fortis Healthcare Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - secretarial@fortishealthcare.com; contactus@fortis

    Website - www.fortishealthcare.com