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Trivitron Healthcare eyes Rs. 1,000 crore revenue for 2020-21; likely to go for IPO

31 - December - 2019

Trivitron Healthcare, a leading health technology enterprise, is eyeing Rs. 1,000 crore revenue for the financial year 2020-21. The company had posted revenue of Rs. 700 crore for FY18-19.The company is also looking at 10-15% growth during the year 2020-21.The company is planning to go for a new private equity round of funding in the next financial year beginning April 2020. "We will then decide about initial public offer (IPO) plan along with our incoming investors. Going public is aligned to our plan to create value for investors as well as for our employees," says Dr G.S.K. Velu, chairman and managing director, Trivitron Healthcare.

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