IPO Golden Opportunity Naresh Trehan Company’s Global Health IPO From 3rd November Golden Investment Opportunity Golden Investment Opportunity In IPO, you should invest in this health sector company.


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If you are thinking of investing money in IPO, then a great opportunity is coming for you on 3rd November. Health sector company Global Health is coming up with their Initial Public Offering (IPO). Global Health owns and operates hospitals under the Medanta brand. The company is set to offer an initial public offer (IPO) of Rs 2,206 crore on November 3. The price range for this IPO has been fixed at Rs 319-336 per share.

Bids will open to anchor investors on November 2

According to the company, bidding for anchor investors will open on November 2. 500 crore worth of new shares will be issued in the IPO. Apart from this, it has an offer for sale (OFS) of 5.08 crore shares. Under the OFS, private equity major Carlyle Group-affiliated Anant Investments and Sunil Sachdeva (jointly with Suman Sachdeva) will sell the stake.

Here is the sharing pattern

Ananta Investments owns 25.64 percent stake in Global Health. Sachdeba holds 13.41 percent stake in the company. The company is expected to fetch Rs 2,206 crore through the IPO. Proceeds from the new issue will be used for debt repayment and general corporate purposes.

Many big merchant bankers are investing Rs

Many major merchant bankers are investing money in Global Health’s IPO. This information is given in the draft document. Under the OFS, Anant Investments and Sunil Sachdeva (jointly with Suman Sachdeva), a related entity of private equity firm Carlyle Group, will sell the stake. Anant Investments owns 25.64 per cent stake in Global Health, while Sachdeba holds 13.41 per cent. Proceeds from the new issue will be used for debt and general business purposes.

Renowned physician Naresh Trehan is the founder

Global Health was founded by renowned physician Naresh Trehan. It is a leading private multi-specialty tertiary care provider in North and East India. Global Health operates a network of five hospitals under the ‘Medanta’ brand in Gurugram, Indore, Ranchi, Lucknow and Patna. He also has a hospital under construction in Noida. The total bed strength of the company is expected to cross 3,500 when the Noida-based hospital becomes operational in fiscal 2024-25. The total revenue of the company in the last financial year 2021-22 was Rs 2,205.8 crore. During this time he earned 196.2 crore rupees.

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