Global Health, Owner Of Medanta Hospital Chain, Files IPO Papers

Global Health, the owner of Medanta hospitals, has filed draft papers with Sebi to raise money from the primary market. The hospital chain's initial public offering (IPO) will comprise a fresh issue of shares worth Rs 500 crore and an offer for sale (OFS) of up to 4.84 crore shares, according to its draft red herring prospectus filed with the market regulator.