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Fortis Healthcare IPO IPO

Mainline16 Apr 200720 Apr 2007
Open
16 Apr 2007
Close
20 Apr 2007
3
Allotment
Listing
Wed, May 9, 2007
Price Band
₹92 to ₹110
Issue Size
4,59,96,439 shares (agg. up to ₹497 Cr)
Lot Size
60 Shares
Listing Date
Wed, May 9, 2007
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Live Subscription

CategorySubscription (times)
Total2.77x

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Construction and development of the 2,000.00 2,000.00 - 1,000.00 1,000.00 (1) planned hospital to be located at Shalimar Bagh, New Delhi by OBPL.200.00
2Refinancing of funds availed for the acquisition of EHIRCL560.00
3Prepayment of short term loans of the Company.70.00
4General corporate purposes including strategic initiatives
5Issue expenses

About Fortis Healthcare IPO

Incorporated in 2001, Fortis Healthcare Limited (FHL) is one of the largest private healthcare companies in India, based on the number of hospital beds. Fortis currently have a network of 12 hospitals primarily in north India, 15 satellite and heart command centers in hospitals across the country and one heart command center in Afghanistan.Most of Fortis's hospitals are multi-specialty hospitals, which provide secondary and tertiary healthcare to patients. Some of there multi-specialty hospitals also include super-specialty "centers of excellence" providing quaternary healthcare to patients in key specialty areas such as cardiac care, orthopedics, neuro-sciences, oncology, renal care, gastroenterology and mother and child care. In addition, two of there hospitals, Escorts Heart Institute & Research Centre at New Delhi ("EHIRC") and Escorts Heart Centre at Raipur ("EHCR"), focus primarily on cardiac patients, with EHIRC serving as a super-specialty “center of excellence” for cardiac care. During fiscal 2006, Fortis performed over 5,000 open heart surgeries, 5,000 angioplasties and 15,000 angiographies. Fortis currently have approximately 1,580 inpatient beds in use across its networ

Contact Details

Fortis Healthcare Ltd. AddressPiccadily House, 275-2764th Floor, Captain Gaur MargSrinivas PuriNew Delhi, New Delhi, 110065+91 11 4229 5222fortisipo@fortishealthcare.comVisit Website