Healthcare Global Enterprises has filed an offer document with the stock market regulator for public issue.
A report says that the issue is for sale of 31.09 million shares or 36.83 per cent of all post-issue equity.
The company is planning to raise $100mn via IPO.
There is an Offer for Sale of 11.6 mn shares and a fresh issue of another 19.49 mn.
Kotak Mahindra Capital Company, Edelweiss Financial Services, Goldman Sachs (India) Securities, IDFC Securities, IIFL Holdings and YES Bank are the merchant bankers to the issue, says report.
The issue size would depend on the final price at which the company decides to sell the shares, says report.