InvestorQ : Can you tell me the details of the IPO of Global Health?
Tisha Malhotra made post

Can you tell me the details of the IPO of Global Health?

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Aashna Tripathi answered.
1 month ago
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Finally, we are likely to have a large sized IPO as the public offer of Global Health Ltd opens for subscription on 03rd November and shall remain open till the 07th of November. Global Health operates and manages the chain of Medanta Hospitals, which was promoted by one of India’s foremost cardiac surgeons, Dr. Naresh Trehan. The IPO will comprise of a fresh issue worth Rs500 crore and an additional offer for sale (OFS) of 5.08 crore shares by the promoters and early investors. Global Health has the equity backing of private equity investors like Carlyle and Temasek, jointly owning 42.67%. Dr. Naresh Trehan owns 35% stake in Global Health. By the year 2025, total capacity is pegged to touch 3,500 beds.

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