India, Sept. 30 -- image credit- shutterstock

Delhi-based Gaudium IVF and Women Health has re-filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The company operates through a hub-and-spoke model comprising 7 hubs and 28 spokes across multiple states, making it one of the largest IVF networks in the country.

The offer comprises a fresh issue of up to 1,13,92,500 equity shares and an offer for sale of up to 94,93,700 equity shares by promoter Dr Manika Khanna, aggregating to a total of 2,08,86,200 equity shares of face value Rs 5 each.

In its previous filing, the company had proposed a larger fresh issue of 1,83,54,400 equity shares and a smaller offer for sale of 25,31,700 equity share...