IPO Objectives
1. Proposed acquisition of “Parekhs Hospital Private Limited” at Ahmedabad
2. Part payment of purchase consideration for the already acquired hospital i.e. “Ashwini Medical Centre”
3. Funding of capital expenditure requirements of our Company towards setting up of a new hospital exclusively for women’s health care in Vadodara;
4. Buying robotics equipment for our hospital Gujarat Kidney & Super Speciality hospital at Vadodara location
5. Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company and
6. Funding inorganic growth through unidentified acquisitions and General Corporate Purposes.
