Max India was formed in January 2016, as the result of a three-way demerger and is the holding company for Max Healthcare, Max Bupa Health Insurance and Antara Senior Living.
Max India provides access to investors in the Max Group’s businesses in Health and Allied services.
Max India currently holds 46% stake in Max Healthcare, which is a joint venture with South Africa-based Life Healthcare; 51% stake in Max Bupa, which is a JV with UK’s Bupa Finance Plc. and 100% stake in Antara Senior Living.
In FY2015, MHC’s revenues grew by 23.6% to touch Rs 1739.5 crore, led by a growth of 45% in hospitals started within the last 4 years and reaching full capacity utilization during 2014-15. The mature hospitals in the network grew by 17.0% with combined revenues of Rs. 1270 cr during the financial year while the newer hospitals grew by over 46.1% to cross Rs. 456.3 cr in FY14-15.
Max Bupa is now the 7th largest private health insurer in the country with highly differentiated product and service offerings. The company’s total Health Insurance premium in FY2015 grew to Rs. 20,443 crore from Rs. 17,620 crore in FY 2013-14, reflecting a growth of 16%.
- 8 August, 2016:
Max India announces maiden financial results after listing; Max Healthcare and Max Bupa report strong topline growth
- 13 July 2016
Max India Limited to list tomorrow; opportunity to invest in high-potential healthcare and allied services businesses
- 15 JANUARY, 2016
Leadership Transformation in the Max Group
- 15 JANUARY, 2016:
Max India Concludes 3 Way Demerger to Unlock Value
- 24 December, 2015:
Max India’s Demerger Receives Court Approval
- 26 November, 2015:
Max India announces the Embedded Value (EV) for Max Life at Rs. 5,363 Cr.
- 23 November, 2015:
Bupa to pay Rs. 191 crore to Max India to raise stake in Max Bupa by 23%
- 28 October, 2015:
Max Healthcare partners Smart Health City to operate and manage South Delhi based Saket City Hospital
- 6 August, 2015:
Max India’s Corporate Restructuring Plan Receives Formal Shareholder Approva