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HOME / ALL NEWS / Detailed News

Goodwill Hospital withdraws IPO after poor response

[Sharekhan] 09 Jan 2012 02:37 PM

Tags: Goodwill Hospital and Research Centre | IPO | Initial Public Offer | Issue Price

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Goodwill Hospital and Research Centre has withdrawn its initial public offer ( IPO) because of poor response. The Rs62-crore IPO had opened for subscription on December 30, with an issue price of Rs175-185 a share, on a face value of Rs10.

The IPO received nil participation from qualified institutional buyers (QIBs) and saw meagre participation from non-institutional investors (0.02 times) and retail investors (0.01 times).

Goodwill Hospital runs a multi-specialty hospital at Noida.

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