Wednesday, March 16, 2016

HCG IPO OPENS ON 16.03.2016 & CLOSES ON 18.03.2018.

The price band is Rs.205/- to Rs.218/-

Healthcare Global enterprises Limited (HCG),India's leading provider 
of Cancer care is entering the capital market with an initial Public
Offering.The IPO consists of a fresh issue upto 11.6 million equity 
shares by the company and an offer for sale upto 18.2 million equity
sharess by existing share holders  as mentioned in the Red Herring
Prospectus dated 4th march,2016.

The offer is made through the book Building process wherein atleast 
Dr.B.S.Ajai Kumar,Chairman& CEO addressing media.
75% of the offer will be allotted on proportionate basis to Qualified
Institutional  Buyers (QIB's). The Company in consultation with the
 investor selling sharehoders & BLRMs,may allocate upto 60% of the
QIB portion to Anchor Investors at the Anchor Investor Price on a
discretionary basis,out of which one third shall be reserved for 
domestic mutual funds only.

The Company proposes to utilise the net proceeds of the fresh Issue
towards; 1. Purchase of medical equipment, 2. Investment in IT software
services and hardware, 3.pre payment of debt and 4.General Corporate
purposes.

The equity shares will be listed in BSE and NSE .The minimum Bid lot 
is 65 equity shares and in multiples of 65 equity shares,thereafter.

This venture is purely a Doctor's Driven Enterprise.

Note: The investors are advised to go through the  Prospectus
before taking the decision to invest.



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