Under the IPO of Yatharth Hospital & Trauma Care Services, new shares up to Rs 610 crore will be issued.
Yatharth Hospital & Trauma Care Services IPO: Satyath Hospital and Trauma Care Services is going to bring its IPO. The company has filed a draft paper with the market regulator SEBI for this. The company wants to raise Rs 610 crore through this IPO. This company operates and manages private hospitals in the Delhi-NCR region. The company will issue new shares up to Rs 610 crore under this IPO. In addition, 65.51 lakh equity shares will be sold under offer for sale (OFS) by its promoters and promoter group entity.
Tax Loss Harvesting: This is how you can save tax on earnings from shares, understand the complete calculation by example
IPO related details
As part of the OFS, 37.43 lakh equity shares will be sold by Vimala Tyagi, 20.21 lakh equity shares by Prem Narayan Tyagi and 7.87 lakh equity shares by Neena Tyagi. The company may also consider pre-IPO placements up to Rs 122 crore.
Fund will be used here
The company will use the funds received from this IPO to pay off the debt taken by the company and its subsidiary companies. Apart from this, the fund will also be used for capital expenditure. This amount will be used for in-organic growth through acquisitions and other strategic initiatives. Along with this, it will also be spent for general corporate purposes.
Income Tax Saving: Few hours are left for the end of the financial year, there is still a chance for tax saving, invest money here
Know about the company
The company operates three super specialty hospitals in Delhi-NCR and has recently expanded to Madhya Pradesh. Intensive Fiscal Services Pvt Ltd, Ambit Pvt Ltd and IIFL Securities Ltd are the book-running lead managers for the IPO.
(Input-PTI)
,
