Invest in an Integrated Hospital & Medical Education Campus in North India

Project Overview

A promoter-led tertiary-care healthcare group in North India is seeking €42.9 million in primary equity to support the phased development of an integrated healthcare and medical education campus comprising four tertiary-care hospitals and a medical college.

The platform is anchored by an operating 317-bed tertiary-care hospital, which has been trading since October 2023 and has reported profitability in each of its three years of operation. At full build-out, the campus is expected to comprise 2,179 beds, supported by a medical college with 250 MBBS seats annually.

The investment is structured as a staged growth capital opportunity, with equity to be drawn against construction milestones alongside term debt. The promoters will remain invested and continue to operate the platform.

Key Highlights

• €42.9 million primary equity raise
• 2,179 beds planned at full build-out
• 317-bed tertiary-care hospital already operational
• Three consecutive years of profitable trading
• Four tertiary hospitals and a medical education campus
• Medical college with 250 MBBS seats annually
• €70.5 million projected revenue at maturity
• 23.6% return on capital projected for the platform at maturity
• Land for the second hospital already owned, with independent valuation having increased to 3.1× acquisition cost
• Experienced promoter-led healthcare platform with an established operating asset

Transaction Overview

The promoters are raising €42.9 million of primary equity, to be deployed over seven years against construction milestones and alongside appropriate proportion of debt.

Investment Rationale

• Established Asset: 317-bed tertiary-care hospital, operational and profitable since 2023.

• Expansion: Planned integrated 2,179-bed healthcare campus with medical college.

• Land Secured: Second hospital land acquired; additional parcels within the same institutional block.

• Integrated Campus: Shared diagnostics, emergency and support infrastructure.

• Education Revenue: Medical college with 250 MBBS admissions annually, projected to contribute ~27% of revenue at maturity.