A day ahead of its IPO KIMS hospitals raised Rs 956 Crore from anchor investors by allocating 1,15,84,060 equity shares at the price of Rs 825 per share.
Krishna Institute of Medical Sciences, popularly known as KIMS hospitals is amongst the largest healthcare service providers in Telangana and Andhra Pradesh. The public offering of KIMS hospitals will open for application from 16th June.
The company has already raised Rs 955.68 Crores, a day ahead of its IPO from 43 anchor investors. As a result, 1,15,84,060 equity shares will be allotted to the anchor investors at a price of Rs 825 per share. The price band for the IPO is fixed at Rs 815-825 per equity share.
Some of the leading anchor investors included Mirae MF, ICICI Prudential, IDFC MF, Nippon Life India, Axis Mutual Fund, HDFC Trustee, Goldman Sachs, Nomura Funds and Stock Mother Fund.