Dr. Agarwal’s Health Care Ltd has officially filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). This marks another major IPO launch that includes a shareholders quota, providing an exclusive opportunity for eligible investors.
Key IPO Details for Dr. Agarwal’s Health Care Ltd
The Initial Public Offering (IPO) for Dr. Agarwal’s Health Care Ltd will include a fresh issue of ₹300 crore and an Offer for Sale (OFS) of 6.95 crore shares. The IPO will be divided into different quotas, with 35% of the issue reserved for retail investors.
Fresh Issue and Offer for Sale (OFS)
- Fresh Issue: ₹300 crore
- Offer for Sale (OFS): 6.95 crore shares
The fresh issue will provide the company with funds for future expansion and business growth, while the OFS will allow existing shareholders to sell part of their equity.
Retail Investor Quota
A significant 35% of the IPO has been reserved for retail investors. This provides ample opportunity for retail participation, allowing individual investors to gain a stake in one of India’s leading healthcare providers.
Shareholders Quota: Eligibility
For investors looking to benefit from the shareholders quota, it is important to note that the parent stock for eligibility is Dr. Agarwal’s Eye Hospital Ltd. Investors holding at least 1 share of Dr. Agarwal’s Eye Hospital Ltd before the cut-off date (to be determined) will qualify to apply under the shareholders category for this IPO. This allows for exclusive access to the IPO under the shareholder category.
With the confirmation of a shareholders quota and a retail investor quota of 35%, Dr. Agarwal’s Health Care Ltd’s IPO is expected to attract significant investor interest.
The combination of fresh issues and an offer for sale makes this IPO a promising investment opportunity. Investors should secure eligibility by holding at least 1 share of Dr. Agarwal’s Eye Hospital Ltd before the RHP filing date.
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