Entero Healthcare IPO Listing Highlights: Shares list a discount of 2.33% - Buy, Sell or Hold?
Entero Healthcare IPO Listing Highlights, Entero Healthcare Share Price NSE, BSE: The shares of Entero Healthcare Solutions Limited made a muted debut on Dalal Street on Friday i.e. February 16. The shares settled at Rs 1245 on the BSE, a discount of 1.03 per cent to the issue price of Rs 1258. On the National Stock Exchange (NSE) the stock listed at Rs 1228.70, down 2.3 per cent on NSE.
Earlier, the IPO got a lukewarm response from investors and was subscribed 1.53 times. Zee Business Managing Editor Anil Singhvi had advised investors to wait and buy shares after listing.
Follow Zee Business Blog for all the latest updates on Entero Healthcare IPO Listing on NSE, BSE:
Entero Healthcare IPO Listing Highlights, Entero Healthcare Share Price NSE, BSE: The shares of Entero Healthcare Solutions Limited made a muted debut on Dalal Street on Friday i.e. February 16. The shares settled at Rs 1245 on the BSE, a discount of 1.03 per cent to the issue price of Rs 1258. On the National Stock Exchange (NSE) the stock listed at Rs 1228.70, down 2.3 per cent on NSE.
Earlier, the IPO got a lukewarm response from investors and was subscribed 1.53 times. Zee Business Managing Editor Anil Singhvi had advised investors to wait and buy shares after listing.
Follow Zee Business Blog for all the latest updates on Entero Healthcare IPO Listing on NSE, BSE:
Latest Updates
Entero Healthcare IPO Listing LIVE, Entero Healthcare Share Price NSE, BSE: Collected Rs 716 crore from anchor investors
The healthcare products distributor collected Rs 716 crore from anchor investors on February 8.
Entero Healthcare IPO Listing LIVE, Entero Healthcare Share Price NSE, BSE: Shares list at 1.03% discount to issue price
Shares of Entero Healthcare list at Rs 1245 on the BSE, a discount of 1.03 per cent to the issue price of Rs 1258.
Entero Healthcare IPO Listing LIVE, Entero Healthcare Share Price NSE, BSE: Price settles at 1.03% discount to issue price in pre-open market
In the pre-opening session, Entero Healthcare shares settled at Rs 1245 on the BSE, a discount of 1.03 per cent to the issue price of Rs 1258.
Entero Healthcare IPO Listing LIVE, Entero Healthcare Share Price NSE, BSE: Price settles at 2.33% discount to issue price in pre-open market
In the pre-opening session, Entero Healthcare shares settled at Rs 1228.70 on the NSE, a discount of 2.33 per cent to the issue price of Rs 1258.
Entero Healthcare IPO Listing LIVE, Entero Healthcare Share Price NSE, BSE: Price range of IPO
Price range for the offer was Rs 1,195-1,258 per share.
Entero Healthcare IPO Listing LIVE, Entero Healthcare Share Price NSE, BSE: IPO was combination of fresh issue and OFS
The IPO was a combination of fresh issue of up to Rs 1,000 crore and an Offer For Sale (OFS) of up to 47,69,475 equity shares, aggregating up to Rs 600 crore at the upper end of the price band.
Entero Healthcare IPO Listing LIVE, Entero Healthcare Share Price NSE, BSE: NIIs received 22% subscription
The portion for Non Institutional Investors received 22 per cent subscription.
Entero Healthcare IPO Listing LIVE, Entero Healthcare Share Price NSE, BSE: Anil Singhvi's View
According to Zee Business Managing Editor Anil Singhvi, it is very difficult to predict price movement in thinly subscribed IPO and therefore it's better to wait for listing.
"We advised investors to wait for more clarity and buy after listing," Singhvi said.
Entero Healthcare IPO Listing LIVE, Entero Healthcare Share Price NSE, BSE: RIIs received 1.33 times subscription.
Quota for Retail Individual Investors (RIIs) received 1.33 times subscription.
Entero Healthcare IPO Listing LIVE, Entero Healthcare Share Price NSE, BSE: QIBs got subscribed 2.28 times
The category for Qualified Institutional Buyers (QIBs) got subscribed 2.28 times.
Entero Healthcare IPO Listing LIVE, Entero Healthcare Share Price NSE, BSE: Received bids for 1,09,49,884 shares
The Rs 1,600 crore-Initial Public Offering (IPO) got bids for 1,09,49,884 shares against 71,50,100 shares on offer, as per NSE data.
Entero Healthcare IPO Listing LIVE, Entero Healthcare Share Price NSE, BSE: IPO got subscribed 1.53 times
The initial share sale of Entero Healthcare Solutions got subscribed 1.53 times on the final day of subscription on Tuesday.