Page 2 - Yatharth Hospital

Yatharth Hospital gains 11% on debut; Concord IPO subscribed 2.3x on day 2

Concord had allotted shares worth Rs 465 crore to anchor investors at Rs 741 per share, the top-end of the price band

Yatharth Hospital debuts on a quiet note, commands 14% gain at day's high

The stock moved higher to Rs 341, a 14% premium against its issue price of Rs 300 per share, after listing at Rs 306.10 on the NSE.

Yatharth Hospital IPO subscribed 36.16 times on last day of subscription

The Initial Public Offering (IPO) of Yatharth Hospital and Trauma Care Services was subscribed 36.16 times on the last day of subscription on Friday. The Rs 686.55 crore-initial share sale received bids for 59,72,19,800 shares against 1,65,17,823 shares on offer, as per BSE data. The portion for qualified institutional buyers received 85.10 times subscription while the non-institutional investors part was subscribed 37.22 times. The retail individual investors category was subscribed 8.34 times. The IPO comprised a fresh issue aggregating up to Rs 490 crore and an offer for sale of up to 65,51,690 equity shares. The IPO had a price range of Rs 285-300 a share. The initial public offering of Yatharth Hospital was fully subscribed on the first day of subscription on Wednesday. Yatharth Hospital & Trauma Care on Tuesday said that it collected Rs 206 crore from anchor investors. The company said it intends to utilise the net proceeds for repayment of debt, funding capital expenditur

IPO of Yatharth Hospital subscribed 1.1 times on first day of issue

For the year ended March 2023, the company had reported net profit of Rs 66 crore on revenues of Rs 520 crore

Should you subscribe to Yatharth Hospital's IPO? Here's what brokerages say

Yatharth Hospital IPO: In the grey market, the hospital chain's share is commanding a 20 per cent premium over its upper price band of Rs 300