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News Details

20/07/2023 11:20

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Yatharth Hospital announces launch of initial public offering

Yatharth Hospital & Trauma Care Services Ltd. has announced public offering of 169885024 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 290.00 per share. The gross proceeds of the issue are expected to be Rs 5,09,655.07 lakhs.

The company's initial public offer (IPO) will open on 26 July 2023 and is expected to close on 28 July 2023, subject to customary closing conditions. The price band of the issue has been fixed at Rs 285.00-300.00 per share.

The IPO includes a fresh Issue of 169885024 Equity Shares of the Company at an price of Rs 300.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 50 shares with bids in multiples of 50.

Yatharth Hospital & Trauma Care Services Ltd. anticipates using the proceeds of the issue for .

Ambit Private Limited,IIFL Securities Limited,Intensive Fiscal Services Private Limited. as lead manager(s) & Link Intime India Private Limited is the registrar, to the issue.