Wednesday, March 9, 2016

Healthcare Global Enterprises Ltd's Rs 650 Cr IPO opens on March 16th Global Enterprises Ltd is entering in the capital markets with an initial public offering, IPO of 2,98,00,000 Equity Shares [Fresh Issue of 11,600,000 Equity Shares + Offer for Sale of up to 18,200,000 Equity Shares] of Rs 10 each. The price band for the issue has been fixed at Rs 205 at lower level and Rs 218 at upper level.

Healthcare Global Enterprises Ltd (HCG) is Bangalore India based provider of speciality healthcare in India focused on cancer and fertility. HCG operates the largest cancer care network in India in terms of the total number of private cancer treatment centres licensed. HCG also operates fertility centres under the 'Milann' brand.

The issue opens on Mar 16, 2016 and closes for subscription on Mar 18, 2016. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).