Yatharth Hospital & Trauma Care Ltd has set a price band of Rs 285-300 per share for its initial share sale, which will open for public subscription on July 26, according to market sources. The public issue will conclude on July 28 and the bidding for anchor investors will open on July 25, according to the red herring prospectus (RHP).
Half of the issue size has been reserved for qualified institutional investors, 35 per cent for retail investors and the remaining 15 per cent for non-institutional investors.
Those who participated in the pre-IPO round include Wealth Management LLP, Think India Opportunities Master Fund LP, and Rosy Blue Diamonds Pvt Ltd. This led to reduction in the fresh issue size to Rs 490 crore, from Rs 610 crore planned earlier.
