Hospital for Advanced Medicine and Surgery Limited, also known as Hams Hospital, has taken a significant stride towards entering the capital market by submitting an application for an Initial Public Offering (IPO) to the Nepal Securities Board. Muktinath Capital Limited manages this endeavor, where the hospital intends to make 1,125,000 shares available for sale to the general public.
The IPO application, filed on the present date, outlines a proposed total valuation of the hospital at Rs. 288 per share. This valuation comprises a face value of Rs. 100 and an additional premium of Rs. 188. The offering represents 15% of the issued capital, with each share valued at Rs. 288. This strategic move establishes Hams Hospital as the pioneering health sector company to venture into Nepal’s capital market.
Established on November 2, 2054, and granted a license by the Ministry of Health of Bagmati Province, Hetauda, Hams Hospital functions with a bed capacity of 100. The institution is committed to delivering healthcare services of superior quality at affordable rates. This bold step into the capital market positions Hams Hospital at the forefront of health sector entities participating in Nepal’s financial landscape.
Highlights:
- Upper Tamakoshi Hydropower Limited has made the decision to extend the deadline for its rights offering
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- Three Star Hydropower Limited Announces IPO Offering to the General Public, Seeking Rs 6.13 Crore
- Synergy Power Development Company (SPDL) Announces Book Closure Date for 50% Rights Offering
- Solu Hydropower and Taksar Pikhuwa Khola Hydropower Seek Approval for IPOs in Nepal