KIMS Hospitals IPO a good bet for long-term investors
KIMS Hospital’s ₹2,144-crore initial public offering (IPO) this week will provide a partial exit to private equity investor General Atlantic Singapore, reducing its share from 40.9% to 20% post issue.
Synopsis
Business strength amid Covid and core focus bode well, but KIMS Hospitals will have to outdo peers post listing
ET Intelligence Group: Hyderabad-based Krishna Institute of Medical Sciences (KIMS Hospitals) is the largest corporate healthcare group in Andhra Pradesh and Telangana with nine multi-speciality hospitals having 3,064 beds.
The company’s ₹2,144-crore initial public offering (IPO) this week will provide a partial exit to private equity investor General Atlantic Singapore, reducing its share from 40.9% to 20% post issue.
As much as 75% of the
