Dr. Agarwal Health Care submits draft prospectus for ₹3,000-3,500 crore IPO to India's SEBI.
Dr. Agarwal Health Care, a major eye care provider backed by Temasek and TPG, has submitted a draft prospectus to India's SEBI for an IPO aimed at raising approximately ₹3,000-3,500 crore. The offering includes a fresh issue of up to ₹300 crore and an offer for sale of about 6.95 crore equity shares. Proceeds will be allocated for debt repayment and corporate purposes. The company reported a revenue increase of 30.86%, reaching ₹1,332.15 crore in FY 2024.
September 30, 2024
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