Hannah Joseph Hospital raises Rs 12 cr from anchor investors

New Delhi: Hannah Joseph Hospital, a multi-speciality tertiary care hospital, on Wednesday said it has raised nearly Rs 12 crore from anchor investors ahead of its initial share sale, which will open for subscription on Thursday.

The Madurai-based company has allocated 17.06 lakh equity shares to seven entities, including Venturex Fund I, Saint Capital Fund, Aarth AIF Growth Fund, and Negen Undiscovered Value Fund, according to a circular uploaded on BSE’s website.

The shares were allotted for Rs 70 per equity share, aggregating to Rs 11.94 crore, as per the circular.