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Metropolis Healthcare Ltd. debuts with 9.09% premium at Rs 960.00 15/04/2019 17:50

Metropolis Healthcare Ltd. makes a strong debut on the bourses with scrip got listed at Rs 960.00 on the Bombay Stock Exchange, a 9.09 per cent premium to its issue price of Rs 880.00. On the National Stock Exchange, the stock was listed at Rs 0.00.

The company, which raised 1.34 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 133.85 lakhs shares.

The company, listed under B Group Securities post its IPO, opened for subscription from Apr 03 to Apr 05.

Following a strong opening, the scrip touched an intraday high of Rs 981.30 and a low of Rs 934.80, before closing the session up by 9.03 per cent to its listing price at Rs 959.55 on the BSE.

The company anticipates using the proceeds of the issue for .

Kotak Mahindra Capital Company Ltd.,Goldman Sachs India (Securities) Pvt. Ltd.,JM Financial Ltd.,Credit Suisse Securities (India) Private Limited,HDFC Bank Limited as lead managers & LINK INTIME INDIA PRIVATE LIMITED is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 38,905.84, up 138.73 points, or 0.35 per cent.

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