Narayana Hrudayalaya to list shares on Jan 6

Healthcare services firm Narayana Hrudayalaya will list its shares on the stock exchanges on January 6.
The equity shares will be listed on National Stock Exchange (NSE) as well as on the BSE.
Prior to that, two other companies from the healthcare sector got listed on the exchanges last month. These companies are diagnostic chain Dr Lal PathLabs and pharmaceutical firm Alkem Laboratories.
Narayana Hrudayalaya has received Rs 613 crore through recently concluded over-subscribed initial public offering (IPO).
The IPO, which opened for subscription from December 17-21 was subscribed 8.67 times at a price band of Rs 245-250 a share.

The institutional investors category was subscribed 17.22 times. In contrast, the portion set aside for retail investors witnessed 65 per cent subscription, while the non-institutional investors category was subscribed 45 per cent.
Devi Shetty had set up Narayana Hrudayalaya in 2000 and operates a chain of 23 multi-specialty, primary and tertiary healthcare facilities and eight heart centres, and 24 primary care facilities across 31 cities, with 5,442 operational beds and a potential to reach a capacity of up to 6,602 beds.