Why Did Manipal Health IPO List at a 10.51% Premium Despite Weak Subscription?
Manipal Health Enterprises Limited made a positive debut on the BSE and NSE, listing at ₹652 against its issue price of ₹590, delivering a 10.51% listing gain to IPO investors. The listing was particularly notable because pre-listing indicators had remained weak. The IPO received an overall subscription of only 2.65x, while Retail and NII portions remained […]
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