Hotline: 1800 102 2007
Hotline: 1800 102 2007
Apr, 17 2018

Carlyle-backed Pathology Firm Metropolis plans Fund Raise via IPO

In 2015, the Shah family had bought back the entire 27% stake held by private equity major Warburg Pincus in Metropolis Healthcare for an undisclosed amount.

Carlyle-backed Pathology Firm Metropolis plans Fund Raise via  IPO

Pathology chain operator Metropolis Healthcare Ltd is eyeing to raise around Rs 1,500 crore ($230 million) through an initial share sale.

Ameera Shah, managing director and CEO of Metropolis Healthcare said the IPO will likely include a partial stake sale by the Shah family, besides fresh equity.

The proceeds from the stake sale by the founders will be used to repay the loan taken to buy out a private equity investor about three years ago, the report said, adding part of the fund raised through the IPO will also be used for acquisitions.

In 2015, the Shah family had bought back the entire 27% stake held by private equity major Warburg Pincus in Metropolis Healthcare for an undisclosed amount.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Professional Education Coaching
    About Us: Praadis Institute of Education is an online educational portal..
    Locations looking for expansion Haryana
    Establishment year 2020
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 1200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Casual Dine Restaurants
    About Us: Kerala Cafe is a tastefully designed restaurant that serves..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2019
    Investment size Rs. 50lac - 1 Cr.
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Haveli Maharashtra
  • Online Food Ordering Services
    Since 1989, Patel’s Chhappanbhog Is A Well Established Food Brand..
    Locations looking for expansion Haryana
    Establishment year 1989
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • After School Activities
    I-Max Academy has been established in April 2010. In short..
    Locations looking for expansion Delhi
    Establishment year 2010
    Franchising Launch Date 2011
    Investment size Rs. 50000 - 2lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Delhi Delhi
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities