IPO Objectives
1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company and certain of our Subsidiaries;
2. Funding capital expenditure for development of new hospital and expansion of existing hospital by our certain Subsidiaries, Park Medicity (NCR) and Blue Heavens, respectively;
3. Funding capital expenditure for purchase of medical equipment by our Company and our certain Subsidiaries, Blue Heavens and Ratangiri; and
4. Unidentified inorganic acquisitions and general corporate purposes.