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  • Writer's pictureJatin Agarwal

Medanta IPO

Updated: Nov 1, 2022


Company Overview

Global Health Limited is one of the largest private multi-speciality tertiary care providers operating in the North and East regions of India. The company has key specialties in cardiology and cardiac science, neurosciences, oncology, digestive and hepatobiliary sciences, orthopedics, liver transplant, and kidney and urology.

Global Health Limited has a network of 4 hospitals currently in operation (Gurugram, Indore, Ranchi and Lucknow) under the "Medanta" brand. The company established "The Medanta Institutional Tissue Repository" in 2017 to promote biomarker and other tissue-based research.

Trehan, who founded Medanta in 2004, holds a 35% stake in Global Health, the draft papers filed by the company show. Medanta provides healthcare services in over 30 medical specialties and engages over 1,300 doctors and its operational hospitals have 2,467 installed beds as of June 2022, as stated in the DRHP.

Private equity investors such as Carlyle Group, through affiliate Anant Investments, and Temasek Holdings, via affiliate Dunearn Investments Mauritius Pte Ltd, hold minority stakes: 25.64% and 17% in Global Health. Co-founder Sunil Sachdeva has a 13.41% in the company, RJ Corp Ltd 3.94% and Agio Image Ltd 1.97%.


Financials (rounded off)

Date

Total Revenue (₹ in cr)

PAT (₹ in cr)

​31/03/2020

1544

36

31/03/2021

1478

29

31/03/2022

2206

196

Medanta IPO Details

IPO Date

03/11/2022-07/11/2022

Face Value

₹2 per share

IPO Price Band

₹319 to ₹336 per share

IPO Lot Size

44 Shares

Listing at

NSE, BSE

Basis of Allotment

11/11/2022

Credit of Shares in Demat

15/11/2022

Listing Date

16/11/2022

Pre-Issue Shareholding

35%

Post-Issue Shareholding

33%

Retail Minimum Lot Size

44 shares (₹14,784)

Crisp Insights

1) The company is one of the most recognizable hospital chains in the country.

2) Medanta was planning to sell its business in the past but the sale did not go through. Now they are coming up with an IPO.


Disclaimer: All information is provided for educational and informational purpose only. Data is fetched from publicly available sources such as the DRHP filed by the company. The website or the author takes no guarantee for the accuracy of the data however, we have tried our best to present accurate data to out readers. Please consult a financial advisor or do your own analysis before investing/trading in the stock market.

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