Entero Healthcare IPO
Pharma Distribution - Listed on 16 February 2024
Entero Healthcare IPO listing summary
Entero Healthcare (Pharma Distribution) closed its IPO window in 2024 and listed on NSE and BSE on 16 February 2024 at an upper band issue price of Rs 1258, opening at Rs 1250.96 for a listing gain of -0.6% and closing day one at Rs 1149.5 (-8.6% on closing basis). The IPO was subscribed 1.53x overall - QIB 2.28x, HNI/NII 0.22x, Retail 1.33x. The total issue size was Rs 1,600 Cr (Fresh Issue Rs 1000 Cr, OFS Rs 600 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Entero Healthcare IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 10 | +0.40% |
| Day 2 | Rs 10 | +0.40% |
| Day 3 | Rs 8 | +0.40% |
| Day 4 | Rs 5 | +0.64% |
| Day 5 | Rs 5 | +0.79% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Entero Healthcare IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Entero Healthcare IPO - FAQs
What was the listing gain of Entero Healthcare IPO?
Entero Healthcare IPO listed at -0.6% versus the upper issue price of Rs 1,258 on 16 February 2024.
How many times was Entero Healthcare IPO subscribed?
Entero Healthcare IPO was subscribed 1.53x overall. QIB portion was subscribed 2.28x, HNI / NII 0.22x and Retail 1.33x.
What was the IPO GMP for Entero Healthcare?
IPO GMP started at Rs 10 on Day 1 and moved to Rs 5 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.