Public Market

IPO

Yatharth Hospital & Trauma Care raises Rs.120-Cr via a pre-IPO placement

Economic Times  

Noida-based hospital chain Yatharth Hospital & Trauma Care has raised INR 120 crore via a pre-IPO placement by offering 40 lakh shares at INR 300 per equity share. About 20 lakh equity shares worth INR 60 crore were allotted to Plutus Wealth Management LLP while 10 lakh equity shares worth INR 30 crore were allotted to Think India Opportunities Master Fund LP. Meanwhile, 333,333 equity shares amounting to INR 10 crore were allotted to Vikas Vijaykumar Khemani. Others who were allotted shares included Rosy Blue Diamonds (433,334 equity worth INR 13 crore) and Viraj Russell Mehta (233,333 equity shares worth INR 7 crore). Intensive Fiscal Services, Ambit and IIFL Securities are the Book Running Lead Managers to the issue.