Wockhardt Hospitals IPO : Wockhardt Hospitals IPO soon
Wockhardt Hospitals IPO : Wockhardt Hospitals IPO soon
Wockhardt Hospitals Ltd, which has already filed the draft red herring prospectus with the market regulator SEBI, is expecting to float the Initial Public Offer (IPO) by the end of the current financial year. The company was also in the process of building a 350-bed super speciality hospital in Kolkata which would be ready in the next 12 months, Wockhardt group Chairman Habil Khorakiwala told reporters here on Friday.
The company expects to earn revenues of $600 million this fiscal, he said. About 50 per cent of the company’s revenue was coming from overseas operations, he added