<p>New Delhi: Shares of Dr Agarwal's Health Care Ltd made a muted market debut on Tuesday, listing with a discount of over 1 per cent on the BSE, against the issue price of Rs 402.</p>.<p>The stock listed at Rs 396.90, down 1.26 per cent from the issue price on the BSE. Later, it hit a high of Rs 412.75 and a low of Rs 376.40 during the morning trade.</p>.<p>At the NSE, the stock was listed at par with the issue price of Rs 402.</p>.<p>The company's market valuation stood at Rs 11,929.20 crore.</p>.<p>The initial public offer of Dr Agarwal’s Health Care Ltd got subscribed 1.55 times on the closing day of bidding on Friday.</p>.<p>The Rs 3,027.26-crore public issue had a price band of Rs 382-402 per share.</p>.Dr. Agarwal’s raises Rs 650 crore from TPG and Temasek.<p>The IPO had a fresh issue of up to Rs 300 crore and an Offer-for-Sale (OFS) of up to 6.78 crore equity shares worth Rs 2,727.26 crore by promoters and other selling shareholders at the upper-end of the price band.</p>.<p>Proceeds from the fresh issue to the tune of Rs 195 crore will be used for the payment of debt. Besides, a portion will be used for general corporate purposes and unidentified inorganic acquisitions.</p>.<p>Dr Agarwal's Health Care offers a wide array of services, including cataract, refractive, and other surgeries, consultations, diagnosis, non-surgical treatments, and the sale of optical products, contact lenses, accessories, and eye care-related pharmaceutical items.</p>.<p>As of September 2024, its network consisted of 193 facilities with a majority concentration in South India, particularly Chennai, Hyderabad and Bengaluru, followed by Western India.</p>
<p>New Delhi: Shares of Dr Agarwal's Health Care Ltd made a muted market debut on Tuesday, listing with a discount of over 1 per cent on the BSE, against the issue price of Rs 402.</p>.<p>The stock listed at Rs 396.90, down 1.26 per cent from the issue price on the BSE. Later, it hit a high of Rs 412.75 and a low of Rs 376.40 during the morning trade.</p>.<p>At the NSE, the stock was listed at par with the issue price of Rs 402.</p>.<p>The company's market valuation stood at Rs 11,929.20 crore.</p>.<p>The initial public offer of Dr Agarwal’s Health Care Ltd got subscribed 1.55 times on the closing day of bidding on Friday.</p>.<p>The Rs 3,027.26-crore public issue had a price band of Rs 382-402 per share.</p>.Dr. Agarwal’s raises Rs 650 crore from TPG and Temasek.<p>The IPO had a fresh issue of up to Rs 300 crore and an Offer-for-Sale (OFS) of up to 6.78 crore equity shares worth Rs 2,727.26 crore by promoters and other selling shareholders at the upper-end of the price band.</p>.<p>Proceeds from the fresh issue to the tune of Rs 195 crore will be used for the payment of debt. Besides, a portion will be used for general corporate purposes and unidentified inorganic acquisitions.</p>.<p>Dr Agarwal's Health Care offers a wide array of services, including cataract, refractive, and other surgeries, consultations, diagnosis, non-surgical treatments, and the sale of optical products, contact lenses, accessories, and eye care-related pharmaceutical items.</p>.<p>As of September 2024, its network consisted of 193 facilities with a majority concentration in South India, particularly Chennai, Hyderabad and Bengaluru, followed by Western India.</p>