December 22, 2014 10:11 PM ET

Healthcare Providers and Services

Company Overview of Max Healthcare Institute Limited

Company Overview

Max Healthcare Institute Limited operates healthcare facilities with indoor and outdoor patient care in India. The company offers healthcare services through its 9 facilities in Delhi and the National Capital Region, and 2 facilities in Mohali and Bathinda. It provides services in the areas of cardiology, orthopedics and joint replacement, cancer, neurosciences, pediatrics, obstetrics and gynecology, aesthetics and reconstructive plastic surgery, internal medicine, eye and dental care, endocrinology, diabetes, obesity, ENT, metal health and behavioral sciences, physiotherapy and rehabilitation, and nuclear medicine, as well as minimal access, metabolic, and bariatric surgery. The company is ...

Max House

1 Dr Jha Marg

Okhla Phase III

New Delhi,  110020

India

Phone:

91 11 861 2123

Fax:

91 11 861 2155

Key Executives for Max Healthcare Institute Limited

Managing Director
Chief Operating Officer
Executive Director - South Zone
Age: 60
Chief Services Officer
Age: 53
Executive Director of Medical Services and Director
Age: 67
Compensation as of Fiscal Year 2014.

Max Healthcare Institute Limited Key Developments

Max Healthcare Institute Limited Announces Earnings Results for the Second Quarter Ended September 30, 2014

Max Healthcare Institute Limited announced earnings results for the second quarter ended September 30, 2014. For the quarter, the company reported a 24% growth in net revenue to INR 4,350 million, and 44% growth in EBIDTA, to INR 450 million. Cash profit grew by 180% to INR 220 million.

Max India Reportedly In Talks With Life Healthcare To Dilute Stake In Max Healthcare

Max India Limited (BSE:500271) reportedly is in talks with Life Healthcare Group Holdings Limited (JSE:LHC) to dilute its stake in Max Healthcare Institute Limited. After the new deal, Life Healthcare could own over 40% of Max Healthcare. “The deal could be finalised over the next 4-6 months. Negotiations are at a fairly advanced stage between the two sides. The only thing that could come in the way of the deal is Max Healthcare not meeting targets specified in the 2011 agreement,” one of the sources said. Max spokesperson said the company does not comment on market speculation. But sources close to the company said that Max was keen to divest the stake to take care of its debt.

Max Healthcare Institute Limited Elevates Ajay Bakshi as Managing Director

Max Healthcare, a part of Max India, has appointed Dr. Ajay Bakshi to the board as managing director of Max Healthcare. Dr. Bakshi has been elevated from his present role as CEO. Dr. Bakshi joined Max Healthcare in November 2011 as CEO and managed operations in the clinical, service and financial performance of the firm.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
July 22, 2014
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