Chennai-based Dr Agarwal's Health Care is all set to launch its initial public offering (IPO) on January 29. The healthcare service provider is expected to raise a total of Rs 3,027.26 crore through the IPO, with a price band of Rs 382-402 per share. The company plans to use the proceeds for debt repayment, general corporate purposes, and possible acquisitions. The IPO has garnered significant interest, with a grey market premium of Rs 164 per share suggesting a potential 41 per cent gain for investors.
Dr Agarwal's Health Care Launches IPO: All You Need to Know
Dr Agarwal's Health Care, a Chennai-based healthcare service provider, is set to launch its initial public offering (IPO) on January 29, 2023.
Background:
Dr Agarwal's Health Care is a leading provider of eye care services in India. The company was founded in 1985 and currently operates over 100 eye care centers across the country. It offers a comprehensive range of services, including cataract surgeries, refractive surgeries, glaucoma treatment, and retina care.
IPO Details:
Use of Proceeds:
The proceeds from the IPO will be used for:
Market Interest:
The IPO has garnered significant interest from investors. The grey market premium of Rs 164 per share suggests a potential 41% gain for investors.
Top 5 FAQs:
1. Why is Dr Agarwal's Health Care going public?
2. What is the company's financial performance?
3. Who are the promoters of the company?
4. What are the potential risks associated with the IPO?
5. What is the expected listing date of the IPO?
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