The Hindu Business Line : Fortis Healthcare issue opens on April 16

Chennai April 10 Fortis Healthcare Ltd's public issue will open on April 16 and close on April 20. The Ranbaxy promoter group company is entering the capital market with an IPO of 45,996,439 equity shares of Rs 10 each through a 100 per cent book building process. The price band has been fixed between Rs 92 and Rs 110 per equity share.

The company recently concluded its pre-IPO allotments of 10,670,194 equity shares with four entities at prices ranging from Rs 135 to Rs 159.50 per share aggregating to Rs 153.69 crore. The shares are to be listed on the BSE and NSE.

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