Fortis Healthcare Ltd files DRHP with SEBI for IPO

Fortis Healthcare Ltd has filed the Draft Red Herring Prospectus (DRHP) with SEBI for its forthcoming IPO. The company is planning to come out with an issue of 56666633 equity shares of Rs.10 each for cash at a price to be determined by 100% book building process. The issue also comprises 500000 equity shares to eligible employees of the company.

JM Morgan Stanley, Citigroup Global and Kotak Mahindr Capital Company Ltd are the book running lead managers for this issue. Intime Spectrum Registry will be the Registrar to the issue.

The website of the company is www.FortisHealthcare.com

Source : Equity Bulls

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