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Aster DM Healthcare’s IPO Opens in India

by Forbes Middle East Forbes Middle East - Business News
Dubai-based Aster DM Healthcares long-awaited initial public offering debuted on February 12 on both the Bombay Stock Exchange and the National Stock Exchange of India.
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Review on Aster DM Healthcare’s IPO Opens in India

The regional hospital chain operator hopes to raise about $152 million across the issue, which closes on February 15. As part of the offering, Aster DM will issue new stock, while promoter Union Investments Limited is diluting its stake. Book running lead managers for the IPO include Kotak Mahindra Capital Company, Axis Capital, Goldman Sachs (India) , ICICI Securities, JM Financial and YES Securities (India).

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Created on Feb 14th 2018 00:16. Viewed 978 times.

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