Apollo Hospitals Enterprise Limited raises funds through QIP at Rs. 2511 per share

The Fund Raising Committee of Apollo Hospitals Enterprise Limited at its meeting held on January 22, 2021 has, declared closure of the issue period for the QIP on January 22, 2021 and determined and approved the issue price for 46,59,498 Equity Shares to be allotted to eligible qualified institutional buyers at a price of 2,511 per Equity Share, including a premium of 2,506 per Equity Share.

The committee also approved and finalized the confirmation of allocation note to be sent to the eligible qualified institutional buyers, intimating them of allocation of Equity Shares pursuant to the Issue.

The QIP was opened on January 18, 2021.

Shares of APOLLO HOSPITALS ENTERPRISE LTD. was last trading in BSE at Rs.2598.9 as compared to the previous close of Rs. 2585.25. The total number of shares traded during the day was 37968 in over 3347 trades.

The stock hit an intraday high of Rs. 2651.1 and intraday low of 2566.85. The net turnover during the day was Rs. 99347858.

Source : Equity Bulls

Keywords