Indegene Ltd's shares debuted with a 46% premium on BSE, 45% on NSE, and its IPO was subscribed 69.71 times.

Healthcare tech firm Indegene Ltd's shares debuted on the stock exchanges with a premium of 46% on BSE and 45% on NSE. The company's Initial Public Offer (IPO) was subscribed 69.71 times on the closing day of bidding. The Rs 1,841.75 crore IPO had a fresh issue of up to Rs 760 crore and an offer-for-sale of up to 2,39,32,732 equity shares. The funds raised from the fresh issue will be used for debt repayment, capital expenditure requirements, and other general corporate purposes.

May 13, 2024
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