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Aster DM Healthcare's Rs 9.8-billion IPO gets lukewarm response

The price band for the IPO is Rs 180 to Rs 190 per share

BS Reporter 

Aster DM
Aster DM

Aster DM Healthcare's Rs 9.8-billion (IPO) garnered just 1.33 times subscription. The high net worth individual (HNI) portion of the IPO was subscribed only 60 per cent, institutional investor portion saw 2.14 times subscription and retail portion was subscribed 1.33 times as on 5 pm.

The price band for the IPO is Rs 180 to Rs 190 per share. Aster DM is a private healthcare service provider which operates a chain of hospitals, clinics and pharmacies in India and the West Asia.

aster chart

aster chart

First Published: Thu, February 15 2018. 22:22 IST
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