MedPlus Health raises ₹418 cr from anchor investors ahead of IPO

MedPlus Health raises ₹418 cr from anchor investors ahead of IPO

• By Staff Writer

India's second-largest pharmacy retailer MedPlus Health Services has raised ₹418 crores from anchor investors ahead of its IPO. Investors who participated in this round included Abu Dhabi Investment Authority, Blackrock Global Funds, Nomura, Fidelity, Goldman Sachs, Morgan Stanley, and Aditya Birla Sun Life MF. MedPlus has fixed the price band for its ₹1,398.29-crore IPO at ₹780-₹796 per share.