March 02, 2015 6:56 PM ET

Healthcare Providers and Services

Company Overview of DM Healthcare Private Limited

Company Overview

DM Healthcare Private Limited, a healthcare conglomerate, operates a network of hospitals, medical centers, clinics, diagnostic centers, and pharmacies in the GCC region and India. It provides primary, secondary, and tertiary healthcare services in the areas of anesthesiology, cardiology, dental care, dermatology, dietetics, endocrinology and diabetology, ENT, gastroenterology, general medicine, general surgery, gynecology, neurology, ophthalmology, orthopedics, pediatrics, psychiatry, pulmonology, rheumatology, and urology. The company also offers academics and research, management, and consulting services. DM Healthcare Private Limited was formerly known as Dr. Moopen Group and changed its...

33rd Floor, Tower D – Aspect Towers

Executive Towers at Bay Avenue

Business Bay

P.O. Box 8703


United Arab Emirates

Founded in 1987


971 4 4546001


971 4 4546003

Key Executives for DM Healthcare Private Limited

Chairman and Managing Director
Chief Financial Officer
Vice President and Chief Executive Officer of Medcare Hospitals & Clinics
Assistant Vice President and Chief Executive Officer of Aster Pharmacy
Chief Executive Officer of Aster Medcity
Compensation as of Fiscal Year 2014.

DM Healthcare Private Limited Key Developments

DM Seeks Acquisitions

DM Healthcare Private Limited is seeking acquisitions. DM is planning rapid expansion by opening its own facilities and acquiring local ones.

DM Healthcare Reportedly Appointed Lead Banks For IPO

DM Healthcare Private Limited reportedly announced the appointment of Bank of America Merrill Lynch, Goldman Sachs and Kotak to manage its initial public offering (IPO). The IPO could value around INR 12000 millions. The company also plans to sell 10% shares on the bourses though details of the same are not finalized yet.

DM Healthcare Seeks IPO

DM Healthcare Private Limited plans to file an application with India's stock market regulator next month for a planned initial public offering (IPO) aimed at raising INR 10 billion, according to two people familiar with the development. When contacted, an Aster DM Healthcare spokesperson declined to comment on the timeline of the IPO. "We have major expansion plans for India and we are looking at various fund-raising options, which are currently under evaluation," the spokesperson said in an email.

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Recent Private Companies Transactions

August 21, 2014
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Private Placement
May 5, 2014

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