Shalby Multi Specialty Hospital is aiming
to raise Rs 505 cr from its IPO, which opens on 5 December. It has set a price
band of Rs. 245 to 248 per share for the offer, which values it at Rs. 2,172 to
2,198 cr. The IPO would close on 7 December.
Bids can be made for a least amount
of 60 equity shares and multiples of 60 thereof. The IPO consists of a fresh
issue of shares for upto Rs. 480.00 cr and an offer for sale of Rs 24.8 cr.
Promoter Vikram Shah Burman plans to
sell one million shares, which at the upper end of the price band will fetch Rs.
24.8 cr. Edelweiss Fin Services, IDFC Bank & IIFL Holdings are managing the
Shalby IPO.
This year, the fund-raising through Initial
Public Offering has clocked the all-time high seen in 2010, where 64 cos raised
Rs. 37,534.65 cr. Until October 2017, the Indian primary market has registered
30 IPOs with companies raising Rs. 47,099 cr, as per data from Prime Database market
tracker.