NSE SME ABH Healthcare's market debut shows signs of weak pulse
Mumbai, Sept. 1 -- The scrip was listed at Rs 99, a 2.94% discount to the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.
The counter hit a high of Rs 99 and a low of Rs 94.05. About 2.11 lakh shares of the company changed hands at the counter.
ABH Healthcare's IPO was subscribed 1.41 times. The issue opened for bidding on 24 August 2026 and it closed on 27 August 2026. The price band of the IPO was fixed between Rs 96 to Rs 102 per share.
The IPO comprised fresh issue of 34,29,600 equity shares. The company intends to utilise the net proceeds for the repayment/prepayment, in part or full, of certain borrowings, funding its working capital requirements, financing inorgani...
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