<p>Shares of Global Health, which operates hospitals under the Medanta brand, on Wednesday listed with a premium of over 19 per cent against the issue price of Rs 336.</p>.<p>The company's stock made its market debut at Rs 398.15, rallying 18.49 per cent on the BSE. Later, it zoomed 21.72 per cent to Rs 409.</p>.<p>At the NSE, it listed at Rs 401, a jump of 19.34 per cent.</p>.<p>The company commanded a market valuation of Rs 10,770.30 crore on the BSE.</p>.<p>The initial public offering (IPO) of Global Health was subscribed 9.58 times on the final day of the offer, last Monday.</p>.<p>The offer had a price range of Rs 319-336 a share.</p>.<p>Founded by Naresh Trehan, a renowned cardiovascular and cardiothoracic surgeon, Global Health is a leading private multi-speciality tertiary care provider in the north and east regions of India.</p>.<p>Global Health, backed by private equity investors such as Carlyle Group and Temasek, operates a network of five hospitals under the 'Medanta' brand in Gurugram, Indore, Ranchi, Lucknow and Patna. In addition, one hospital is under construction in Noida.</p>
<p>Shares of Global Health, which operates hospitals under the Medanta brand, on Wednesday listed with a premium of over 19 per cent against the issue price of Rs 336.</p>.<p>The company's stock made its market debut at Rs 398.15, rallying 18.49 per cent on the BSE. Later, it zoomed 21.72 per cent to Rs 409.</p>.<p>At the NSE, it listed at Rs 401, a jump of 19.34 per cent.</p>.<p>The company commanded a market valuation of Rs 10,770.30 crore on the BSE.</p>.<p>The initial public offering (IPO) of Global Health was subscribed 9.58 times on the final day of the offer, last Monday.</p>.<p>The offer had a price range of Rs 319-336 a share.</p>.<p>Founded by Naresh Trehan, a renowned cardiovascular and cardiothoracic surgeon, Global Health is a leading private multi-speciality tertiary care provider in the north and east regions of India.</p>.<p>Global Health, backed by private equity investors such as Carlyle Group and Temasek, operates a network of five hospitals under the 'Medanta' brand in Gurugram, Indore, Ranchi, Lucknow and Patna. In addition, one hospital is under construction in Noida.</p>