Shares of Aster DM Healthcare settled at Rs 179.85 on BSE, at a discount of 5.34% to its initial public offer price of Rs 190 per share on its debut on the bourses today, 26 February 2018.
Meanwhile, the S&P BSE Sensex advanced 303.60 points or 0.89% to settle at 34,445.75.
Shares of Aster DM Healthcare were listed on the bourses at Rs 182.10, a discount of 4.16% to its offer price of Rs 190 per share. The stock had hit a high of Rs 187.80 and a low of Rs 176.45 in intraday trade. On the BSE, 18.26 lakh shares were traded on the counter.
The initial public offer (IPO) of Aster DM Healthcare was subscribed 1.31 times.
Aster DM Healthcare is a Kochi-based (Kerala) healthcare service provider, with operations in Gulf Cooperation Council (GCC) states of the United Arab Emirates, Oman, Saudi Arabia, Qatar, Kuwait and Bahrain, India and Philippines.
On a consolidated basis, Aster DM Healthcare reported a net loss of Rs 82.71 crore on net sales of Rs 3122.59 crore for the six months ended September 2017.
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