Narayana Hrudayalaya

India: Narayana Hrudayalaya to acquire NewRise Healthcare for $28m

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NewRise is in final stages of completing its Gurgaon hospital

India: Narayana Hrudayalaya $93m IPO subsciribed 30% on second day

The initial public offer (IPO) of Bengaluru-based heatlhcare services provider Narayana Hrudayalaya was subscribed only 30 per cent on the second day, as per a report in PTI. The Rs 613-crore IPO received bids for 51,12,900 shares against the total issue size of 1,71,66,309 shares, data available with the NSE… Read more »

India: Healthcare IPOs get a thumbs up as investors lap up shares

Investors have lapped up shares on offer from healthcare firms, two of whom closed their initial public offerings (IPOs) on Thursday, as they seek to gain greater exposure to the rapidly growing sector. The positive investor sentiment could help upcoming issues, including a Rs.613 crore share sale by the Devi… Read more »

India: Three IPO launches to help raise over $377m in December

Drug maker Alkem Laboratories Ltd and healthcare firms¬†Narayana Hrudayalaya and Dr Lal Pathlabs are planning to launch their initial public offerings (IPOs) in the first half of December to collectively raise over Rs.2,500 crore ($377 million), according to several people aware of the development. While Alkem is looking to raise… Read more »