Started in 1996, KIMS today has almost 1,800 beds across five super-specialty hospitals in Telangana and Andhra Pradesh. ICICI Venture held a 28% stake in KIMS as of 31 March 2015. The hospital chain reported a profit of Rs11.4 crore in 2014-15, compared with Rs6.8 crore the previous year. Since December, four healthcare services firms have tapped the primary markets to fund their expansion plans and provide an exit to their private equity investors. Other healthcare services firms Aster DM Healthcare and New Delhi-based Centre for Sight, too, have announced plans to go public.

Source: Mint September 11, 2016 19:07 UTC