The NCDs will be allotted on 9 December 2022 and will be matured on 9 January 2024, having tenure of 13 months. It has a fixed coupon rate of 7.70% p.a. and is scheduled to be paid annually.

Apollo Hospitals Enterprise is a private sector healthcare provider. It owns and operates hospitals across the country.

The company reported 17.7% decline in consolidated net profit to Rs 203.99 crore despite of 14.4% rise in net sales to Rs 4251.07 in Q2 FY23 over Q2 FY22.

The scrip declined 0.06% to currently trade at Rs 4,730.25 on the BSE.