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Business EconomyPosted at: Jan 6 2016 2:35PM


Narayana Hrudayalaya lists at premium of 16.4 pc

Mumbai, Jan 6 (UNI) Shares of Narayana Hrudayalaya today got listed at premium of 16.4 percent at Rs 291 on both the bourses with a issue price of Rs 250.
On BSE it recorded the intra day high of Rs 333.50 and low od 291.00 so far during the day
On Nse it recorded the intraday high of Rs 332.60 and low of Rs 291 so far during the day
Narayana Hrudayalaya had raised Rs. 613 crore through its IPO last month. The offer, which opened for subscription from December 17-21, was subscribed 8.67 times at a price band of Rs. 245-250 a share.
Institutional investors category was subscribed 17.22 times. In contrast, the portion set aside for retail investors witnessed 65 per cent subscription, while non-institutional investors category was subscribed 45 per cent.
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