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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