Healthcare products distributors Entero Healthcare s IPO consists of a fresh issue of ₹1,000 crore and an offer for sale of 85.57 lakh shares. Prabhat Agrawal, OrbiMed Asia III Mauritius, and Prem Sethi are among the investors selling shares in the OFS.
Entero Healthcare Solutions IPO has received observation letter from the market regulator on January 16, while the SEBI issued the said letter to Exicom Tele-Systems IPO, and Stallion India Fluorochemicals IPO on January 19
Top investment bankers caught up with Moneycontrol for an incisive chat on the key capital market deal trends for 2024. Here are the edited excerpts from the interview
The company proposes to utilise the net proceeds from the offer towards the repayment of certain borrowings, working capital requirements, for general corporate purposes and to pursue inorganic growth initiatives through acquisitions.
Entero Healthcare Solutions IPO: The IPO comprises a fresh issuance of shares worth Rs 1,000 crore by the company, and an offer-for-sale (OFS) of 85.57 lakh equity shares by 19 selling shareholders