The stock listed at Rs 183 on the National Stock Exchange against the upper band of its issue price of Rs 190. It closed at Rs 181 apiece.
Market debutant Aster DM Healthcare, which listed at a discount of around 4 percent on the exchanges, closed 1 percent lower to its listing price and around 5 percent lower to the issue price.
The stock listed at Rs 183 on the National Stock Exchange against the upper band of its issue price of Rs 190. It closed at Rs 181 apiece.
The healthcare services provider’s issue was oversubscribed 1.3 times on the last day, as per data available on the NSE website.
The IPO, which aimed to raise Rs 980 crore, received bids for 4.87 crore equity shares on Thursday against issue size of 3.73 crore shares, excluding anchor investors' portion.
The reserved portion of qualified institutional investors has subscribed 2.09 times, non-institutional category 55 percent and retail investors has seen a subscription of 1.2 times.
At 10:04 hrs Aster DM Healthcare Ltd was quoting at Rs 181.25, down Rs 8.75, or 4.61 percent.
