Medanta
| Medanta The Medicity Logo | |
| Private | |
| ISIN | 🆔 |
| Industry | Healthcare |
| Founded 📆 | 2009 |
| Founders 👔 |
|
| Headquarters 🏙️ | Gurgaon, Haryana, India |
Areas served 🗺️ | India |
| Services | |
| Members | |
Number of employees | |
| Parent | Global Health Limited |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Medanta is an Indian hospital chain based in Gurgaon.[1] Medanta was started in 2009 by cardiac surgeon Naresh Trehan and Sunil Sachdeva with the launch of Medanta - The Medicity, a super-specialty hospital in Gurgaon which was built at a cost of over ₹1,000 crore (equivalent to ₹Formatting error: invalid input when rounding or US$Formatting error: invalid input when rounding in 2018).[2][3][4] The chain has since expanded its network to other cities including Noida, Lucknow, Indore, Ranchi and Patna.[5][6]
The chain is owned and managed by Global Health Limited. It launched its initial public offering on 3 November 2022.[7]
Investors[edit]
US-based PE firm Carlyle Group acquired a 27% stake in Medanta from US-based Avenue Capital Group in 2013 at a valuation of US$600 million (Rs 3,540 crore in 2013).[8] In 2015, Singapore-based Temasek Holdings purchased a 18% stake from Punj Lloyd. Trehan and his family, along with Sachdeva, own the remaining stake in Medanta.[9] In 2021, it was reported that Global Health Ltd, which operates and manages hospitals under the Medanta brand, is planning an initial public offering (IPO).[10]
References[edit]
- ↑ "Gurgaon hospital scores a first with robotic surgery It is now being replaced by a 5 star hotel made by Manipal hotels". The Times of India. 20 November 2010. Archived from the original on 30 December 2013. Retrieved 24 April 2012. Unknown parameter
|url-status=ignored (help) - ↑ "Magic of Medanta". Financial Express. 19 July 2010. Archived from the original on 25 July 2010. Retrieved 23 April 2013. Unknown parameter
|url-status=ignored (help) - ↑ "Medanta has no effect on competitors". Sify. 11 March 2010. Archived from the original on 7 March 2014. Retrieved 23 April 2013. Unknown parameter
|url-status=ignored (help) - ↑ Bhattacharjee, Arindam (19 July 2010). "Operation Medanta". Business Standard. Retrieved 3 November 2022.
- ↑ "Gurgaon hospital scores a first with robotic surgery". Times of India. Archived from the original on 29 June 2013. Retrieved 2 February 2022. Unknown parameter
|url-status=ignored (help) - ↑ Dash, Jayajit (4 February 2017). "Medanta may invest Rs 750-1,000 cr on high-end hospital in Odisha". Business Standard. Retrieved 3 November 2022.
- ↑ "Medanta hospital chain IPO to open on November 3". Moneycontrol. Retrieved 3 November 2022.
- ↑ Balakrishnan, Reghu; PM, Indulal (2019-05-27). "Manipal Hospitals to buy Medanta in Rs 5,800 crore deal". The Economic Times. Retrieved 2019-10-03.
- ↑ "TPG Capital-Manipal set to seal Medanta deal". mint. 12 June 2019. Retrieved 26 November 2020.
- ↑ Sonavane, Ravindra N. (2021-09-30). "Medanta hospital chain files for share sale". mint. Retrieved 2022-05-03.
External links[edit]
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