Narayana Hrudayalaya has debuted at Rs 291.00 on the BSE, up by 41 points or 16.4% from its issue price of Rs 250.
The scrip is currently trading at Rs 315.55, up by 65.55 points or 26.22% from its issue price and has touched a high and low of Rs 317.00 and Rs 291.00. So far 24,46,000 shares were traded on the counter.
The issue price of Narayana Hrudayalaya was fixed at Rs 250 per share i.e. at the higher end of the price band of Rs 245-250 apiece. The offering was subscribed 8.70 times.
The objects of the Offer are to achieve the benefits of listing the Equity Shares on the Stock Exchanges and for the sale of 20,436,081 Equity Shares by the Selling Shareholders.
Narayana Hrudayalaya is one of the leading private healthcare service providers in India, operating a chain of multispecialty, tertiary and primary healthcare facilities. They have network of 23 hospitals (multispeciality and superspeciality healthcare facilities which provide tertiary care), 8 heart centres (superspeciality units which are set up in a third party hospital) and 25 primary care facilities (including clinics and information centres), across a total of 32 cities, towns and villages in India, with 5,600 operational beds and the potential to reach a capacity of up to 6,600 beds.
| Company Name | CMP |
|---|---|
| Apollo Hospital Ent. | 8080.95 |
| Max Healthcare Inst | 1037.80 |
| Narayana Hrudayalay | 1888.30 |
| Aster DM Healthcare | 739.85 |
| Global Health | 1239.10 |
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