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January 26, 2008

Wockhardt Hospitals Limited IPO

Wockhardt Hospitals Limited IPO

Period 

31-Jan to 05-Feb 2008

Size (Equity Shares)

25,087,097

Type 

100% Book Building

Face Value 

Rs. 10- 

Price Range 

Rs 280 to Rs 310

Market Lot 

Shares

Max shares Retails investor can apply at cut off

shares (Rs.)

Registrar 

Intime Spectrum Registry Ltd

Registrar's email 

whl.ipo@intimespectrum.com

Lead Manager 

Citigroup Global Markets India Private Limited & Kotak Mahindra Capital Company Limited

Listing 

BSE, NSE

Grading 

 

About the company 

Established: 1991. Business: One of the largest private healthcare services companies in India based on the number of hospital beds; Super specialty focus on core areas such as cardiology and cardiac surgery, orthopaedics, neurology and neurosurgery, urology and nephrology and critical care, and specialize in minimally invasive surgery; Group associate of Harvard Medical International ("HMI"), a self-supporting not-for-profit subsidiary of Harvard Medical School.

Objects of the Issue

Meet the cost of development and construction of Greenfield and Brownfield hospitals of the Company;

Prepay some of the short term loans of the Company;

Meet general corporate purposes including strategic initiatives;

Meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges


 

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