** Shares of Gujarat Kidney and Super Speciality GUJK.NS down about 1% at 112.97 rupees on trading debut
** Hospital chain listed at 120 rupees, a 5.3% premium to its IPO issue price of 114 rupees
** GUJK currently valued at 8.91 billion rupees ($99.1 million)
** GUJK's 2.51 billion rupee IPO was subscribed 5.2 times over, with demand led by retail and non-institutional investors
** Co plans to utilise IPO proceeds for funding existing and future hospital acquisitions as well as for purchasing new machinery
($1 = 89.9220 Indian rupees)
(Reporting by Nandan Mandayam in Bengaluru)
((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))