25 Apr 2019 | 8:12 PM

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IPO
Metropolis Healthcare shares rally 9 pc on market debut
Published on 04-15-2019
The shares of diagnostic chain Metropolis Healthcare Limited on Monday made their market debut by rallying 9 per cent against the issue price of Rs 880 per share.


The company`s shares debuted at Rs 960 a sharp gain of 9 per cent from the issue price on the BSE. It later zoomed 10.22 per cent to Rs 970.


The company`s market valuation was at Rs 4729.84 crore on the BSE.


The initial public offering (IPO) of Metropolis Healthcare was subscribed 5.83 times earlier this month.


The price range for the Rs 1200-crore IPO was fixed at Rs 887-880 per share.