In the pre-IPO placement round, the company has allotted 20 lakh equity shares amounting to Rs 60 crore to Plutus Wealth Management LLP and 10 lakh equity shares worth Rs 30 crore to Think India Opportunities Master Fund LP.
Yatharth Hospital & Trauma Care raises ₹120 crore via pre-IPO placement 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.
Plutus Wealth Management was allotted shares worth Rs 60 crore and Think India Opportunities Master Fund Rs 30 crore. After the pre-IPO placement, fresh issue size has been reduced to Rs 490 crore from Rs 610 crore
The pre-IPO placement was done in consultation with the Book Running Lead Managers (BRLMs) and was approved by the Board at its meeting held on Wednesday July 5, 2023 and by the shareholders at their extraordinary general meeting held on the same day, the exchange filing said.
Yatharth Hospital & Trauma Care Limited raised Rs 120 crore in a pre-IPO placement of 4,000,000 equity shares at a price of Rs 300 per equity share, Markets News, Times Now