SEBI Approves Wellness Forever IPO

February 22, 2022

Adar Poonawalla-backed retail pharmacy chain Wellness Forever has received approval from markets regulator Sebi to raise Rs 1,600 crore through an initial public offering (IPO). The IPO consists of a fresh issue of equity shares aggregating to Rs 400 crore and an offer for sale up to 16,044,709 equity shares,