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News Details

28/10/2022 18:20

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Global Health announces launch of initial public offering

Global Health Ltd. has announced public offering of 65641952 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 334.00 per share. The gross proceeds of the issue are expected to be Rs 2,20,556.96 lakhs.

The company's initial public offer (IPO) will open on 03 November 2022 and is expected to close on 07 November 2022, subject to customary closing conditions. The price band of the issue has been fixed at Rs 319.00-334.00 per share.

The IPO includes a fresh Issue of 65641952 Equity Shares of the Company at an price of Rs 336.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 44 shares with bids in multiples of 44.

Global Health Ltd. anticipates using the proceeds of the issue for .

Credit Suisse Securities (India) Pvt. Ltd.,Jefferies India Private Limited,Kotak Mahindra Capital Company Ltd.,JM Financial Ltd. as lead manager(s) & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.