{"id":125040,"date":"2021-10-19T15:00:26","date_gmt":"2021-10-19T19:00:26","guid":{"rendered":"https:\/\/44.250.171.167\/?p=125040"},"modified":"2022-10-04T06:39:14","modified_gmt":"2022-10-04T10:39:14","slug":"ipo-alert-medanta-hospital-chain-files-papers-for-public-listing","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/ipo-alert-medanta-hospital-chain-files-papers-for-public-listing\/","title":{"rendered":"IPO Alert: Medanta hospital chain files papers for public listing"},"content":{"rendered":"\n<p>The hospital industry in India is forecasted to grow to \u20b98.6 trillion by 2022 from \u20b94 trillion in 2017, at a CAGR of 16\u201317%.<\/p>\n\n\n\n<p>The Indian healthcare delivery market is expected to reach approximately \u20b95 trillion in value by the end of fiscal 2022. The in-patient department is estimated to account for nearly 70% of the total healthcare delivery market, while the out-patient department caters to the rest of it.<\/p>\n\n\n\n<p>Global Health Ltd, which operates and manages hospitals under the Medanta brand, recently filed a draft red herring prospectus with the Securities and Exchange Board of India to raise funds via an initial public offering.<\/p>\n\n\n\n<p>The IPO consists of a fresh issue of shares aggregating up to \u20b95 billion and an offer for sale of up to 48.44 million shares by the company\u2019s promoters and shareholders.<\/p>\n\n\n\n<p>Global Health intends to utilize \u20b93.75 billion of the net proceeds towards repayment of borrowings by its subsidiaries Global Health Patliputra Pvt. Ltd and Medanta Holdings Pvt. Ltd. The remainder of the amount will be utilized for general corporate purposes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Multi-specialty Care<\/h2>\n\n\n\n<p>Global Health is one of the largest privately held multi-speciality tertiary care providers, operating in the North and East regions of India. Medanta specializes in cardiology\/cardiac science, neurosciences, oncology, digestive\/hepatobiliary sciences, orthopaedics, liver transplant, and kidney\/urology.<\/p>\n\n\n\n<p>The Gurugram-based hospital chain was founded by Dr Naresh Trehan, a world-renowned cardiovascular and cardiothoracic surgeon. He was awarded the Padma Bhushan and the Padma Shri by the Indian Government.<\/p>\n\n\n\n<p>At the end of March 2021, hospitals under Global Health had a total area of 3.7 million square feet and 2,176 installed beds. Its Patna and Noida hospitals are expected to commence operation in fiscal 2022 and fiscal 2025 respectively, taking the number of installed beds up to more than 3,500.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Key Figures<\/h2>\n\n\n\n<p>In fiscal 2021, the company\u2019s total revenues stood at \u20b914.78 billion, against \u20b915.44 billion a year ago. Net profit for the year was \u20b9288 million, versus \u20b9363 million last year.<\/p>\n\n\n\n<p>The relatively high costs in healthcare services, such as those related to manpower, infrastructure maintenance and medical equipment, might weigh on the company\u2019s profitability if they are not passed on to customers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The hospital industry in India is forecasted to grow to \u20b98.6 trillion by 2022 from \u20b94 trillion in 2017, at a CAGR of 16\u201317%. The Indian healthcare delivery market is expected to reach approximately \u20b95 trillion in value by the end of fiscal 2022. The in-patient department is estimated to account for nearly 70% of [&hellip;]<\/p>\n","protected":false},"author":83,"featured_media":124093,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5747,5748,10444],"tags":[8157,8160,9095,8832],"class_list":["post-125040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-healthcare-stocks","category-ipo","category-others","tag-healthcare","tag-healthcare-services","tag-medical","tag-medical-care-facilities"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":125961,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-api-holdings-files-drhp-with-sebi-for-public-issue\/","url_meta":{"origin":125040,"position":0},"title":"IPO Alert: API Holdings files DRHP with SEBI for public issue","author":"Nishad","date":"November 19, 2021","format":false,"excerpt":"Healthcare spending in India grew at a healthy compound annual rate of 13% from 2015 to 2019 and reached around \u20b99.6 trillion. At 9%, the market saw a slower growth in 2020 when total spending rose to just \u20b910.4 trillion, owing to the drop in non-critical healthcare spending. The growth\u2026","rel":"","context":"In &quot;Health Care&quot;","block_context":{"text":"Health Care","link":"https:\/\/alphastreet.com\/india\/category\/healthcare-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":125048,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-wellness-forever-medicare-files-papers-for-a-public-listing\/","url_meta":{"origin":125040,"position":1},"title":"IPO Alert: Wellness Forever Medicare files papers for a public listing","author":"Nishadkishore","date":"October 20, 2021","format":false,"excerpt":"The Indian pharmaceutical industry is the world\u2019s third-largest by volume and 14th largest by value. The turnover of the country\u2019s pharmaceutical market was estimated at \u20b92.9 trillion in 2020, which is equally divided between the export and domestic markets. The domestic pharmaceutical market, which was valued at \u20b91.5 trillion last\u2026","rel":"","context":"In &quot;Health Care&quot;","block_context":{"text":"Health Care","link":"https:\/\/alphastreet.com\/india\/category\/healthcare-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":126192,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-syrma-sgs-technology-files-draft-papers-for-a-public-listing\/","url_meta":{"origin":125040,"position":2},"title":"IPO Alert: Syrma SGS Technology files draft papers for a public listing","author":"Nishad","date":"December 27, 2021","format":false,"excerpt":"India\u2019s total electronics market was valued at \u20b96.7 trillion in fiscal 2021 and is expected to grow at a compound annual rate of 25.5% and reach \u20b920.8 trillion by fiscal 2026. The country\u2019s electronics manufacturing sector was estimated at \u20b94.9 trillion at the end of fiscal 2021. It is expected\u2026","rel":"","context":"In &quot;Industrials&quot;","block_context":{"text":"Industrials","link":"https:\/\/alphastreet.com\/india\/category\/industrials\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":173122,"url":"https:\/\/alphastreet.com\/india\/longer-bills-fewer-beds-indias-hospital-expansion-paradox\/","url_meta":{"origin":125040,"position":3},"title":"Longer Bills, Fewer Beds: India\u2019s Hospital Expansion Paradox","author":"Chirag Gupta","date":"January 8, 2026","format":false,"excerpt":"A month ago, a friend walked into a reputed private hospital for what he thought was a routine knee scan. Half an hour in a spotless waiting room, one MRI, and an unnecessary \u201cquick consult\u201d later, \u20b928,000 had quietly left his bank account. His knee still hurt but now so\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/3d-cartoon-hospital-healthcare-scene-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/3d-cartoon-hospital-healthcare-scene-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/3d-cartoon-hospital-healthcare-scene-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/3d-cartoon-hospital-healthcare-scene-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/3d-cartoon-hospital-healthcare-scene-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/3d-cartoon-hospital-healthcare-scene-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":127009,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-rainbow-childrens-medicare-limited-files-for-initial-public-offering\/","url_meta":{"origin":125040,"position":4},"title":"IPO Alert: Rainbow Children\u2019s Medicare Limited files for initial public offering","author":"Nishad","date":"February 3, 2022","format":false,"excerpt":"The estimated size of the hospital market in India was \u20b94,270 billion in the fiscal year 2020, representing an annual growth of 13% since 2016. The country\u2019s maternity care market has seen a growth of 8% between the financial years 2016 and 2020. It is expected to grow by 7-8%\u2026","rel":"","context":"In &quot;Health Care&quot;","block_context":{"text":"Health Care","link":"https:\/\/alphastreet.com\/india\/category\/healthcare-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":124932,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-healthium-medtech-files-draft-papers-as-it-looks-to-raise-funds\/","url_meta":{"origin":125040,"position":5},"title":"IPO Alert: Healthium Medtech files draft papers as it looks to raise funds","author":"Nishadkishore","date":"September 29, 2021","format":false,"excerpt":"Healthcare is amongst the fastest-growing sectors in India, both in terms of revenue and employment. The Indian healthcare industry is expected to grow at a combined annual rate of about 14% in the next four years, reaching $96 billion by 2025. Around 63% of the hospitals in the country operate\u2026","rel":"","context":"In &quot;Health Care&quot;","block_context":{"text":"Health Care","link":"https:\/\/alphastreet.com\/india\/category\/healthcare-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/125040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/83"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=125040"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/125040\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/124093"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=125040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=125040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=125040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}