Medanta hospitals owner files for IPO at India’s securities bourse

INDIA – Global Health Private Ltd, which operates and manages hospitals across India under the Medanta brand has launched an initial public offering with SEBI to raise money from the market. The IPO consists of a new issue of equity shares worth US$ 6.73 million (Rs 500 crore) and an offer for sale of up to 48.44 million shares by the company’s promoters and shareholders — 43.34 million shares by Anant Investments and up to 5.1 million shares by Sunil Sachdev. Global Health is one of North and East India’s…

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