Hospital Financial News

₹51 to ₹52 per equity share and the share will be listed on the BSE SME exchange Thursday, July 27. The entire Asarfi Hospital IPO consists of a fresh offering of 51.80 lakh equity shares for a total of up to ₹26.94 crore. The company intends to use the issue's proceeds to meet the following goals, including partially paying the capital expenses for the cancer hospital in Ranguni, Jharkhand.

Benjamin Netanyahu was discharged from the Sheba Medical Center where he was treated since Saturday following dizziness caused by a day in the sun during an intense heat wave, his office said. The hospital diagnosed Netanyahu with dehydration and said he was in «excellent condition,» that his heart was «completely normal» and «at no point was any heart arrhythmia found.» However, «in order to continue routine monitoring, we decided to use a subcutaneous Holter,» the statement said.

Walla, a leading Israeli news site, said that the leader had fainted but was fully conscious at the hospital. Netanyahu is Israel's longest-serving leader.

Upcoming IPOs: After dream listing of ideaForge Technologies, Cyient DLM and Senco Gold IPOs ((Initial Public Offers), primary market is eagerly awaiting the arrival of two more book build issues next week — Netweb Technologies and Asarfi Hospital IPO. Both upcoming IPOs will open on Monday next week. A total of around ₹658 crore would be at stake in primary market next week as Netweb Technologies IPO size is ₹631 crore while Asarfi Hospital IPO aims to raise ₹26.94 crore from its public offer.

₹26.94 crore. The company has fixed the price band for the issue at ₹51-52 per share. The lot size for Asarfi Hospital IPO is 2,000 shares and the minimum investment amount required for retail investors is ₹104,000.

Dheeraj Wadhawan, promoter of now non-existent Dewan Housing Finance Ltd (DHFL), who has been arrested in a case pertaining to alleged fraud at Yes Bank. Special CBI court Judge M G Deshpande rejected Dheeraj Wadhawan's medical bail plea, but allowed him to undergo treatment at a private hospital for a heart-related ailment.

Quadria Capital, Singapore's healthcare focused private equity firm, on Wednesday announced an investment of up to ₹1,300 crore in Maxivision Eye Hospital, one of India's leading private eye care chains. Quadria will make an initial investment of about ₹600 crore for a significant minority stake, and a further investment of up to ₹700 crore for additional stake, representing one of the largest investments in the eye care services space.

1) Company Overview Asarfi Hospital is a 250 bedded multi-specialty hospital, which has been serving people for over one and half decades by providing healthcare services in Dhanbad, Jharkhand.2) Industry Overview The Indian healthcare sector is said to have recorded a three-fold rise, growing at a CAGR of 22% between 2016–22 to reach $372 billion. The Indian medical tourism market was valued at $2.89 billion in 2020 and is expected to reach $13.42 billion by 2026.3) Issue size The IPO is entirely a fresh equity issue of up to 51.8 lakh equity shares aggregating up to Rs Rs 26.9 crore4) Price band The company will offer its shares at a price band of Rs 51-52 apiece, and investors can bid for 2,000 shares in 1 lot.5) Financial performance For the year ending March 2023, the company has recorded revenues of Rs 73 crore and net profit of Rs 8.01 crore.6) Objects of the offer The net proceeds from the public offer will be used for part funding of capital expenditure, acquiring land on a leasehold basis, and other general corporate purposes.7) Booking running lead managers Hem Securities is acting as the lead manager of the issue, while Cameo Corporate Services is the registrar.8) Issue structure About 50% of the offer is reserved for qualified institutional buyers, 15% for non-institutional investors, and the rest 35% for retail investors.9) Important dates The IPO opens on July 17 and closes on July 19.

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Asian Institute of Nephrology and Urology (AINU), the largest single-specialty kidney care chain in India. AHH is likely to acquire about 70% stake in the hospital chain at a valuation of ₹500-520 crore, said two people aware of the development. Post transaction, the existing management will continue to run the business, said sources.

Apollo Hospitals Enterprise Ltd. gained 0.14 per cent to Rs 5160.0 at 11:21AM (IST) in Monday's trade. The scrip hit a high of Rs 5201.0 and low of Rs 5113.3 so far during the session.

pre-IPO placement, the company today said in a media release. The Noida-based hospital chain offered 40 lakh shares at a price of Rs 300 per equity share (including a share premium of Rs 290 per equity share). The Pre-IPO Placement comprised 20 lakh equity shares worth Rs 60 crore that were allotted to Plutus Wealth Management LLP while 10 lakh equity shares worth Rs 300 crore were allotted to Think India Opportunities Master Fund LP.

Apollo Hospitals Enterprise Ltd. rose 2.53 per cent to Rs 5204.0 in Thursday's trade as of 10:20AM (IST) even as the benchmark Nifty ruled at 19445.7, up 47.2 points. The scrip had closed at Rs 5075.75 in the previous session.

Apollo Hospitals Enterprise Ltd. slipped 0.63 per cent to Rs 5076.9 in Wednesday's trade as of 01:43PM (IST).

Apollo Hospitals Enterprise Ltd. traded 0.05 per cent down at Rs 5067.15 on Tuesday at around 10:25AM (IST), while the benchmark BSE Sensex advanced 57.81 points to 65262.86. As many as 2,718 shares changed hands on the counter with a total value of Rs 1.38 crore.

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A hospital in the Brazilian state of Rio Grande do Sul has become the first in the nation to accept crypto pay.

Patients at hospitals in Kherson are being evacuated amid ongoing Russian strikes on the southern city, say local authorities. 

Ukraine has promised to provide free shelter to evacuating citizens ahead of a harsh winter and amid relentless Russian strikes.

 

One woman has been hospitalised after an attacker opened fire at a school in Germany, say police.