India's Sahajanand Medical rises in debut, valued at over $400 million
Yesterday 08:11
BUZZ-India's Sahajanand Medical rises in debut, valued at over $400 million ** Shares of Sahajanand Medical Technologies SAHN.NS rise 10.7% to 380.70 rupees
** Stock lists at 371.15 rupees on the National Stock Exchange of India, a near 8% premium to its IPO issue price of 344 rupees
** Indian medical device maker valued at nearly 38.70 billion rupees ($407.68 million)
** IPO comprises an offer for sale of 4.75 billion rupees
($1 = 94.9275 Indian rupees)
(Reporting by Puyaan Singh in Bengaluru)