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Shalby ltd. (hospital chain) proposed to issue an IPO

Posted on November 30, 2017 By admin
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  • As per its draft prospectus filed with the regulator,Shalby has fixed a price band of Rs 245-248 for an IPO size of Rs 504.8 crore ($78.26 million).
  • The public offering will open on 5th December and close two days later.
  • The firm had earlier explored raising capital via private equity funds, but then decided to list as it would allow it to raise more money.
  • Edelweiss Financial Services, IDFC Bank and IIFL Holdings are the merchant bankers managing Shalby’s IPO.
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