Public Market

IPO

Jupiter Hospitals raises Rs.261-Cr from anchors

Economic Times  

Thane-headquartered Jupiter LifeLine Hospitals has raised INR 261 crore from anchor investors ahead of its initial public offering (IPO.) The company allocated 3.54 million shares at INR 735 per share. Two sovereign wealth funds - Singapore's GIC and the Abu Dhabi Investment Authority - participated in the round. Mutual funds and foreign institutional investors such as Fidelity, Nomura, Goldman Sachs, and HSBC Global also participated.