Jupiter Hospital lists at premium of over 30%
The IPO comprised fresh issue of ₹542 crore and an offer-for-sale of 4.45 million shares. The IPO opened for subscription on September 6 and closed on September 8. The ₹869 crore-IPO of Jupiter was subscribed 63.72 times.
By ET Bureau | Updated:
Agencies
Mumbai: Multispecialty hospital chain Jupiter Hospital listed on Monday at a premium of 30.6% over its initial public offering price of ₹735. The stock opened at ₹960 and hit a high of ₹1,107.5 before closing at ₹1,075.25.
The IPO comprised fresh issue of ₹542 crore and an offer-for-sale of 4.45 million shares. The IPO opened for subscription on September 6 and closed on September 8. The ₹869 crore-IPO of Jupiter was subscribed 63.72 times.
The IPO sold at a price range of ₹695 to ₹735. The retail investors segment was subscribed 7.73 times of the portion set aside to them.
The non-institutional investors or high net worth investors' portion was subscribed 34.75 times. The qualified institutional buyers' portion was subscribed 187.32 times.
The IPO comprised fresh issue of ₹542 crore and an offer-for-sale of 4.45 million shares. The IPO opened for subscription on September 6 and closed on September 8. The ₹869 crore-IPO of Jupiter was subscribed 63.72 times.
The IPO sold at a price range of ₹695 to ₹735. The retail investors segment was subscribed 7.73 times of the portion set aside to them.
The non-institutional investors or high net worth investors' portion was subscribed 34.75 times. The qualified institutional buyers' portion was subscribed 187.32 times.
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