© Reuters.
KK Shah Hospitals Limited, formerly referred to as Jeevan Parv Health care, has actually finished up its going public (IPO) on Tuesday. The IPO was focused on raising Rs 8.78 crores through the issuance of 19.5 lakh shares at Rs 45 each. The offering saw a strong action from financiers, with memberships reaching 13.58 times the overall variety of shares available.
The retail and other classifications experienced membership rates of 9.41 and 17.75 times respectively. Retail financiers were needed to invest a minimum of Rs 135,000 for a lot size of 3000 shares. High Net Worth People (HNI (NYSE:-RRB-), on the other hand, required to invest Rs 270,000 for 2 lots or 6,000 shares.
The allocation status of these shares is slated to be completed on Friday, November 3, with the business’s listing on the BSE SME platform arranged for Wednesday, November 8. Financiers can confirm their allocation status through Bigshare Solutions Pvt Ltd or the BSE site.
KK Shah Hospitals, which runs a health care center with over 26 beds in Ratlam, Madhya Pradesh because its facility in 2022, uses both in-patient and out-patient services. Previously this year in January 2023, the healthcare facility participated in a collaboration with Life Care Diet plan Service to supply food services to its clients.
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