IPO screener: Entero Healthcare issue opens today at ₹1195-1258 price band thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Entero Healthcare recorded a 31% YoY increase in revenue from operations during FY23, reaching Rs 3,300 crore. ICICI Securities, Dam Capital Advisors, Jefferies India, JM Financial, and SBI Capital Markets are the book running lead managers for the IPO.
India Business News: Entero Healthcare has launched its Initial Public Offering (IPO) today, aiming to raise approximately Rs 1600 crore, making it the largest fundraising effort through the primary market route this year. Prior to the opening of the IPO, the company successfully secured Rs 716 crore from 25 anchor investors.
The Entero Healthcare Solutions IPO comprises a fresh issue of equity shares worth Rs 1,000 crore by the company, and an offer-for-sale (OFS) of 47.69 lakh equity shares worth Rs 600 crore by existing shareholders.