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Shalby on Monday allotted 60.7 lakh equity shares at ₹248 a share to anchor investors.
Ahead of the IPO, the Ahmedabad-based multi-specialty hospital chain raised ₹150.54 crore from anchor investors through share allotment. The offer, in a price band of ₹245-248 a share, opens to the public on Tuesday and closes on Thursday.
The issue comprises offer-for-sale of 10 lakh shares (worth about ₹25 crore) by promoter Dr Vikram Shah and fresh issue of ₹480 crore.
The anchor investors include Goldman Sachs, Citigroup Global Markets, Axis Mutual Fund, IIFL India, Reliance Nippon Life Insurance, Kotak Funds and Nomura Singapore.
The equity shares are proposed to be listed on the BSE and the NSE.
IPO recommendation
The Ahmedabad-based multispeciality hospitality chain Shalby Ltd has a few things going for it — leadership in orthopaedic care, capabilities in other specialties, expansions, strong brand and market potential. Read full recommendation here
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