NARAYANA HRUDAYALAYA: BALANCING AFFORDABLE HEALTH CARE AND WEALTH FOR INVESTORS�A CASE STUDY

Dr. P. Roopa

Volume : VI, Issue : XII, December - 2016

NARAYANA HRUDAYALAYA: BALANCING AFFORDABLE HEALTH CARE AND WEALTH FOR INVESTORS�A CASE STUDY

Dr. P. Roopa

Abstract :

Narayana Hrudayalaya (NH) was incorporated in May 2001 and is the dream project of the famous cardiac surgeon Dr. Devi Prasad Shetty as a part of the Asia Heart Foundation. Narayana Hrudayalaya grew very fast and was soon able to cater to the patients from around the world. There are many important lessons that can be learned from this project of Dr. Shetty. Most importantly, we can understand how one person‘s vision can change the world. This paper dwells on the growth of Narayana Hrudayalaya and the success of its Initial Public Offering even during the times, when the market sentiments were bearish and the company also did not get good reviews. But the people of India has emaced his vision and that is the reason for the success of Narayana Hrudayalaya‘s IPO .The company has been able to give good capital gains to its investors which reiterated their belief on the company and its promoters. JEL Classification: L26, L25, O35, I31