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IPO News
Jan 17 2008 8:15PM
Wockhardt Hospitals plans to raise 7.78 bln rupees

MUMBAI, Jan 17 (Reuters) - Wockhardt Hospitals Ltd said on Thursday it plans to raise 7.78 billion rupees through an initial public offer (IPO) for setting up hospitals.

The firm has set a price band of 280-310 rupees a share for the IPO and plans to sell 25.09 million shares, it said in a statement.

However, the firm did not mention the opening date of subscription for the issue.

(Reporting by Virendra Verma; Editing by Prem Udayabhanu)

(([email protected]; +91-22-6636 9299; Reuters Messaging: [email protected])) Keywords: WOCKHARDT IPO/

  Source:   

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