Apollo Hospitals Enterprise Ltd.

BSE: 508869 | NSE: APOLLOHOSP
Large Cap | Hospital & Healthcare Services
6827.25
-77.15 (-1.12%)
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Apollo Hospitals plans to raise up to Rs 1,000 crore

Date: 08-10-2015

In a bid to expand its hospital network and specialty clinics across the country, Apollo Hospitals Group is planning to raise up to Rs 1,000 crore through a rights issue and private equity investment. The group is planning to complete fund-raising in the next few months.

The group runs 55 hospitals under a listed entity and has a network of clinics, which are managed through a wholly-owned subsidiary.

Apollo Hospitals is the leading private sector healthcare provider in Asia and owns and manages a network of speciality hospitals and clinics, a chain of Pharmacy retail outlets across the country, and provides Consultancy Services for commissioning and managing the Speciality Hospitals.