Krsnaa Diagnostics: At 10:20 am, the shares were trading higher by 11.50 percent each on BSE and NSEKrsnaa Diagnostics has made a lukewarm debut on the bourses.
The Pune-based diagnostics chain's shares listed at a premium of 7 percent at Rs 1,025 on the BSE and a premium of over 5 per cent at Rs 1,005 on the NSE compared to the issue price of 954 per share.
At 10:20 am, the shares were trading greater by 11.50 percent at Rs 1068 and Rs 1062 on the BSE and NSE respectively.The Rs 1,213.33-crore IPO was subscribed as much as 64.40 times.
The certified institutional purchasers sector was subscribed 49.83 times, non-institutional investors was subscribed 116.30 times and the retail financiers part saw 42.04 times subscription.The IPO made up a fresh problem of Rs 400 crore and a sell of Rs 813.33 crore by existing investors, including PHI Capital Trust, Kitara, and Somerset Indus Healthcare Fund.Krsnaa Diagnostics is among the fastest-growing diagnostic chains in India.
It provides diagnostic services such as imaging/radiology services (X-rays, MRI, and so on), medical lab tests, pathology, and tele-radiology services to private and public health centers, medical colleges, and community health centres.Meanwhile, Devyani International, Windlas Biotech and Exxaro Tiles have likewise listed on the bourses today.