The shares of Jio Financial Services increased 10.14% to trade at ₹333.55 on the NSE.
The mid-sized multi-specialty hospital has set the price band for its public issue at ₹177 to ₹186 per equity share.
The selling shareholders in the OFS included International Finance Corporation, NYLIM Jacob Ballas India Fund III LLC, and Resurgence PE Investments.
The oversubscription reached around six times the base issue size and approximately 2.5 times the total issue size.
The NFO is available for subscription from February 22 to March 07.
Companies having exposure to the Discretionary segment (Dyes, Pigments and Polymers) performed better.
The NFO is available for subscription from February 9 to February 23.
The company's net loss for Q3FY24 was ₹6,985.9 Crore, which is a 12.56% decrease from ₹7,990 Crore in the same time last year.
According to a regulatory filing by Bajaj Auto, following the new investment, the company's stake in Yulu Bikes is 18.8%
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