HAMS hospital has made a major change in its upcoming ipo, and the biggest update is the sharp drop in share price. The hospital has also increased the number of shares, making the offer more affordable and accessible to the public.
In the new plan, HAMS hospital will issue its ipo shares at Rs.100 per kitta. This is a big reduction compared to the earlier planned price of Rs.288 per kitta. Although the hospital has not explained the reason behind this change, the lower price clearly makes the ipo more attractive for small and medium investors.
Another major update is the increase in the total number of shares. The hospital will now issue 24,00,000 shares. Previously, the plan was to issue only 11,25,000 shares. The larger number of shares gives more people a chance to invest.
Hams Hospital IPO details
| IPO information | Earlier plan | New plan |
|---|---|---|
| Number of shares | 11,25,000 | 24,00,000 |
| Share price | Rs.288 | Rs.100 |
| Issue manager | Muktinath Capital Ltd. | Muktinath Capital Ltd. |
Muktinath capital ltd. has been appointed as the issue manager for the ipo. The company will handle the entire ipo process.
More shares at a lower price mean higher public interest and better accessibility. Many investors are now watching the ipo closely as more updates are expected soon.
This new plan could make the HAMS Hospital ipo one of the most talked-about offerings in the healthcare sector this season.
