Announced Thu, 25 Jun · 14:36 IST
Gaudium IVF to set up women hospital in Lucknow with 15 Crore investment
Capex & Operations View source PDF
GAUDIUMIVF · price
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₹110.84
prior close
₹108.63
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AI summary
Gaudium IVF's board has approved setting up a new women hospital in Lucknow, Uttar Pradesh through a 30-year land lease arrangement. Estimated project cost is 15 Crore covering construction, fit-outs, medical equipment, and commissioning. The company will pay 10 percent of net monthly revenue to the landowner and place a 3 Crore security deposit. Lease has a 15-year lock-in period, renewable on mutual terms.
Likely market impact
New hospital expands Gaudium's footprint. 15 Crore capex may pressure short-term margins but supports long-term growth and revenue diversification.