Max Healthcare, Bank of Baroda woo QIP investors

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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 ...

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