Overview
- Shares opened at ₹158.80 on NSE and ₹160 on BSE, a discount of about 2% and 1.2% to the issue price.
- The stock touched an intraday low of ₹146.85 and closed near ₹148, down roughly 9%, with a market value around ₹6,399 crore.
- The ₹920 crore offering included a ₹770 crore fresh issue and a ₹150 crore offer for sale, priced at ₹154–₹162 per share with a lot size of 92.
- Investor demand totaled 8.1 times overall subscription, including 11.48x from QIBs, 15.15x from NIIs, and 3.16x from retail bidders.
- Proceeds include ₹380 crore earmarked for debt repayment, with the balance for hospital expansion, equipment purchases, inorganic acquisitions, and general corporate purposes.