Broach Lifecare IPO GMP, subscription status and key dates

Broach Lifecare IPO GMP, subscription status and key dates

New Delhi: Broach Lifecare IPO, which opened on Tuesday, August 13, 2024, with an issue price of Rs 25 apiece and an overall IPO size of Rs 4.02 crore. Broach Lifecare Hospital IPO comprises 16.08 lakh freshly issued shares with a minimum lot size of Rs 1.50 lakh for 6,000 shares. Broach Lifecare Hospitals operates the Maple Hospital chain with a focus on the treatment and diagnosis of heart ailments.

The hospital offers the following services for heart ailments:

2D Echocardiography Electrocardiography
Treadmill Test Holter monitoring
Ambulatory Blood Pressure Measurement Stress test
Dobutamine Stress Echocardiography

Broach Lifecare Hospital IPO GMP

Broach Lifecare Hospital IPO GMP or grey market premium stood at Rs 0 apiece, indicating a listing price of Rs 25 apiece, the same as the IPO price, according to Investorgain. This indicates that investors are not too keen on paying a premium to acquire a stock of this company.

Broach Lifecare Hospital IPO key dates

Broach Lifecare Hospital IPO share allotment will be finalised on August 19, 2024. Money for unsuccessful bids will be refunded and shares against successful bids will be credited to demat accounts on August 20, 2024.
Broach Lifecare Hospital IPO will be listed on the BSE SME index on August 21, 2024.

Broach Lifecare IPO subscription status

Broach Lifecare Hospital IPO subscription status stood as follows:

Net Institutional Investors (NII) received bids for 32,46,000 shares against the 7,62,000 shares on offer for this category. NII investor subscription status stood at 4.26X.
Retail category subscription status stood at 2,98,32,000 compared to the 7,62,000 shares on offer. The subscription status stood at 39.15X.
Total subscription status stood at 21.70X as the IPO received 3,30,78,000 bids received against the 15,24,000 shares on offer.

Coronary services provided by the hospital include:

Intra-aortic Balloon Pump Machine
Biphasic Defibrillator
Ventilators

(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)

 Broach Lifecare IPO opened on August 13, 2024, and closes on August 16, 2024. Check GMP, subscription status and key dates.  Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today