HealthCare Global BSE/NSE IPO

Overview:

• Healthcare Global Enterprises has undertaken an IPO on the Bombay (BSE) and National (NSE) stock exchanges.
• The offering consists of 3.11 crore equity shares - an issue of up to 1.16 crore shares and an offer for sale of up to 1.95 crore scrips by existing stakeholders. 
• The offer constitutes 36.83% of the company's post offer paid-up equity share capital. 
• Funds raised will be used to give a partial exit to existing investors, to repay debt and purchase new equipment.
• HCG is a cancer care network operator.

Katrin Kostadinova - Data analyst