Liquidity Events
Unaprime buys Tata Healthcare Fund's 43.5% in Lokmanya Hospitals
Investment banking focused Unaprime has bought out Tata Capital Healthcare Fund's 43.5% stake in Maharashtra-based Lokmanya Hospitals . It also purchased shares from other existing investors, taking its total shareholding in the hospital company to 70% at a total cost of INR 140 crore.Lokmanya Hospitals has five hospitals located in Pune, Pimpri-Chinchwad and Kolhapur. The hospitals have an existing capacity of 300 beds and plan to expand to 500 beds. The company recorded turnover of INR 130 crore for FY24.
In Mar-14, Lokmanya Hospitals had raised about USD 5 M from Tata Capital Healthcare Fund.
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