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Medplus Health makes strong market debut, share lists at 30% premium to issue price

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Country’s second largest pharmacy retailer Medplus Health Services made a strong market debut today. Shares of Medplus Health listed at a premium of 30.65% at Rs 1,040 on NSE compared to the issue price of Rs 796. The company offered its shares in a price band of Rs 780-796.

Market cap of the firm stood at Rs 12,407 crore. Total 39.65 lakh shares of the firm changed hands amounting to a turnover of Rs 412.36 crore on NSE.

On BSE, the stock listed at Rs 1015, 27.51% higher to the IPO price.

Market cap of the firm rose to Rs 12,109 crore. Total 2.35 lakh shares of the firm changed hands amounting to a turnover of Rs 23.88 crore on the BSE.

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