Private Equity

Liquidity Events

General Atlantic exits KIMS Hospital by selling shares worth Rs.696-Cr; registers 3.58x return

Stock Exchange Data   Venture Intelligence Research  

General Atlantic has sold its residual 5.08% stake in publicly-listed Krishna Institute of Medical Sciences Ltd realizing INR 695.75 crore and completely exiting its 5-year-old investment with a 3.58x return.

From the Venture Intelligence PE-VC Deal Database: In Jun 2018, General Atlantic had invested INR 929.16 crore for a 38.99% stake in KIMS. In May 2019, it invested INR 55.60 crore more for a 1.92% stake in the company.