Max Healthcare, Bank of Baroda woo QIP investors

By Rashmi Kumar
05 Mar 2021

Max Healthcare Institute, one of India’s largest hospital chain operators, is looking to raise up to Rp12bn ($164m) from a qualified institutional placement that was launched on Thursday.

The number of shares that will be sold in the QIP is yet to be determined. The firm has put a floor price of Rp190.40 per share for the transaction, versus its last closing price of Rp189.30 on the Bombay Stock Exchange (BSE) and Rp189.75 on the National ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial