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Apollo rejig could spur re-rating
Mint Chennai
|July 03, 2025
Expansion gains Apollo Hospitals' standalone hospital business is likely to see its growth accelerate with more beds.
Apollo Hospitals Enterprise Ltd has decided to give its existing shareholders direct ownership of its subsidiary, Apollo Healthco Ltd. The new business will have online, offline, retail and wholesale pharmacy segments under one umbrella, apart from the digital consultation and treatment business of Apollo 24/7.
Apollo Healthco will have nearly 667 million equity shares with a face value of ₹2 each.
Apollo Hospitals' shareholders will receive 195.2 shares of Apollo Healthco for every 100 shares they hold. Apollo Healthco's listing is likely in 18-21 months. The exercise would mean that Apollo Hospitals would only have a 17.5% stake (direct plus indirect through its other subsidiaries) in Apollo Healthco against the earlier plan of owning 59.2%.
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