Global Health Sets Medanta IPO Price Band At ₹319-336/Share

The initial public offering (IPO) of Global Health, which operates hospitals under the Medanta brand -- would open for public subscription next month. The initial share sale would commence on November 3 and conclude on November 7. The IPO will consist of a fresh issue of equity shares aggregating to Rs 500 crore and an offer-for-sale (OFS) of up to 5.08 crore equity shares. As a part of the OFS, Anant Investments, an affiliate of private equity major Carlyle Group and Sunil Sachdeva (jointly with Suman Sachdeva) would offload equity shares.