Aster DM Healthcare sets IPO price band at Rs180-190 - News Summed Up

Aster DM Healthcare sets IPO price band at Rs180-190


At the upper end of the price band, Aster DM Healthcare’s public issue is expected to fetch Rs980.13 crore. New Delhi: Aster DM Healthcare, running hospitals in India and the Middle East, on Monday fixed a price band of Rs180–190 per equity share for its initial share-sale, that is expected to garner Rs980 crore. The initial public offer (IPO) will open on 12 February and close on 18 February, Aster said in a statement. The firm said it will be launching the IPO “with a price band of Rs180–190 per equity share of face value of Rs10 each of the company.”At the upper end of the price band, the public issue is expected to fetch Rs980.13 crore. Kotak Mahindra Capital Company, Axis Capital and Goldman Sachs (India) Securities, ICICI Securities, JM Financial and Yes Securities will manage the company’s public issue.


Source: Mint February 05, 2018 10:07 UTC



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