India: KIMS to list Rs2.1bn of shares on Bombay Stock Exchange between Rs815 – Rs825

Hyderabad-based Krishna Institute of Medical Science (KIMS) has launched a Rs2.1bn (US$29m) IPO, with shares to be priced in the range of Rs815 – Rs 825, according to reports. The offering consists of Rs2bn of primary shares and Rs19bn of secondary shares from, amongst other investors, General Atlantic. KIMS operates nine multi-specialty hospitals in Telangana,…