Goodwill Hospital files DRHP for Rs 62 cr IPO
Noida based Goodwill Hospital and Research Centre has filed draft red herring prospectus with the market regulator SEBI for its initial public offering of Rs 62 crore with one detachable warrant per equity share offered.
January 29, 2011 / 14:07 IST
Noida-based Goodwill Hospital and Research Centre has filed draft red herring prospectus (DRHP) with the market regulator SEBI for its initial public offering (IPO) of Rs 62 crore with one detachable warrant per equity share offered.
Goodwill Hospital is engaged in running a multi-specialty hospital at Noida under the brand Ojjus Medicare, with a super specialty focus on core areas such as neurology and neuro surgery, cardiology and cardiac surgery and orthopaedics.The company proposes to spend issue proceeds for setting up of diagnostic centre at Faridabad, establishment of polyclinics and repayment or prepayment of loan. Estimated cost by the company is at Rs 49.28 crore.For the period of eight months ended on November 2010, the company reported consolidated net profit of Rs 8.28 crore on total income of Rs 29.82 crore. For financial year 2009-10, it had posted net profit of Rs 2.75 crore on total income of Rs 22.91 crore. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
