π Tender Overview
Scope : Setting up a Vivacity Multi Speciality Hospital in Madhyamgram, West Bengal
Healthcare company Nephrocare India, promoted by nephrologist Pratim Sengupta, is setting up a super speciality hospital in Madhyamgram.
Nephrocare will invest Rs 36 crore in the new hospital β to be named Vivacity Multi Speciality Hospital β which will have 102 beds and departments like nephrology, neurology and cardiology. A major part of the investment would be raised through an IPO to be issued this month.Nephrocare will also be listed on NSE Emerge. Following the IPO, the promoterβs stake will go down to 60-62%. Incidentally, the company had earlier diluted 15% in a pre-IPO round, raising Rs 8 crore from marquee investors, including Deepak Parekh, Bharat Shah and Rajendra Agarwal.