Wellness Forever Medicare Ltd - IPO

Wellness Forever Medicare Ltd IPO Details

Initial public offer of up to [*] equity shares of face value of Rs. 2 each (Equity Shares) of Wellness Forever Medicare Limited (Company or Issuer) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share for the fresh issue) (Offer Price) aggregating up to Rs. [*] crores comprising of a fresh issue of [*] equity shares aggregating up to Rs. 400.00 crores (Fresh Issue) and an offer for sale of up to 16,044,709 equity shares, comprising of up to 720,000 equity shares aggregating up to Rs. [*] crores by Ashraf Mohammed Biran, up to 720,000 equity shares aggregating up to Rs. [*] crores by Gulshan Haresh Bakhtiani, up to 120,000 equity shares aggregating up to Rs. [*] crores by Mohan Ganpat Chavan (collectively, The Promoter Selling Shareholders); and up to 14,484,709 equity shares aggregating up to Rs. [*] crores by persons referred to in annexure a (referred to as the Other Selling Shareholders, together with the promoter selling shareholders, the Selling Shareholders, and such equity shares, the Offered Shares) aggregating up to Rs. [*] crores (Offer for Sale, and together with the fresh issue, the Offer). The face value of equity shares is Rs. 2 each. The price band and the minimum bid lot shall be decided by the company

Objective of issue

Funding Capital Expenditure for setting up of new Stores. Repayment/Prepayment, in part or full of all or Certain of the Borrowings. Funding Incremental Working Capital Requirements of the Company. General Corporate Purposes.

Wellness Forever Medicare Ltd Contact Details

Wellness Forever Medicare Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - investor.grievance@wellnessforever.in

Website - www.wellnessforever.com