Entero Healthcare Solutions' stock ended the early trading session down 9%
The market value of Entero Healthcare Solutions was Rs 4,999.61 crore on the BSE.
In early trading on February 16, shares of Entero Healthcare Solutions, a distributor of medical supplies, dropped 9% from their issue price of Rs 1,258.
At the opening price of Rs 1,245, the stock was 1.03 percent below the BSE issue price. It declined 8.62 percent to settle at Rs 1,149.50 after reaching a low of Rs 1,141.80 throughout the day.
Entero Healthcare's shares finished at Rs 1,150.10 on the NSE, down 8.58%, from when they began trading at Rs 1,228.70, down 2.33%.
At the conclusion of the day, the company's market worth on the BSE was Rs 4,999.61 crore.
The NSE saw 17.88 lakh equity shares moved in a day, while the BSE saw 1.38 lakh shares traded.
The 30-share BSE Sensex increased 376.26 points, or 0.52 percent, to settle at 72,426.64 in the wider equities markets, while the NSE Nifty increased 0.59 percent to 22,040.70.
The last day of subscriptions for Entero Healthcare Solutions' Rs 1,600 crore initial public offering (IPO) on Tuesday saw 1.53 subscriptions.
The offer's price ranged from Rs 1,195 to Rs 1,258 per share. The third business this week to list at a discount is Entero Healthcare Solutions, a distributor of medical supplies.
Shares of Capital SFB and Jana Small Finance Bank (SFB) closed on Wednesday at a discount to their issue prices of 7% and 11%, respectively.
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