Delhi based Yatharth Hospital & Trauma Care Services (YHTCS) launches IPO

The IPO subscription started on Wednesday and will close on July 28

[{"selector":"#anim-c3831d31-c03a-4a6a-a93f-c18bf75a5125 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(41.36836250636121%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

Company sets IPO price band at ₹285 to ₹300 per share.

[{"selector":"#anim-bfacf902-e2b2-4bc6-8723-c6f6964fa070 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.67936167055338%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

Before the IPO, the company secured around ₹206 crore from 18 anchor investors

[{"selector":"#anim-c4f1bbf0-5330-43b8-a190-c88be21de3e5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-69.0259969863505%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

The IPO aims to raise ₹686 crore, with ₹490 crore in fresh issue and ₹196 crore in offer for sale.

[{"selector":"#anim-0c654d63-fdb7-48fa-b690-4511456f0ebd [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-22.39716295960944%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

The funds from the fresh issue will be utilized for debt repayment, capital expenditure, supporting inorganic growth, and fulfilling general corporate requirements.

[{"selector":"#anim-25308650-832f-4ed7-b2e3-3cebb3ae32cd [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(29.24217450336687%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]