Healthcare Global Enterprises (HCG) has received capital markets regulator Securities and Exchange Board of India’s (SEBI) approval to float an initial public offer (IPO). The company filed its Draft Red Herring Prospectus (DRHP) with SEBI on July 27 for the IPO, wherein the promoters and other existing shareholders will collectively sell 3.11 crore shares of the company.
The company will use the issue proceeds for purchase of medical equipment, investment in IT software, services and hardware, payment of debt and for general corporate purposes. The shares are proposed to be listed on the BSE and the National Stock Exchange (NSE).
The Bengaluru-based firm operates one of the largest cancer care networks in the country under the brand name ‘HCG’. Currently, HCG has 15 comprehensive cancer centres.
| Company Name | CMP |
|---|---|
| Apollo Hospital Ent. | 7515.25 |
| Max Healthcare Inst | 951.20 |
| Narayana Hrudayalay | 1769.10 |
| Aster DM Healthcare | 665.85 |
| Global Health | 1060.95 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: