(PTI) Shares of Bikaji Foods International Ltd and Global Health made their market debut at a premium of nearly 8 per cent and 19% on Wednesday.
Bikaji listed at ₹321.15, reflecting a gain of 7 per cent against the issue price on the BSE. It further rallied 11.66 per cent to ₹335.
At the NSE, shares of the firm debuted at ₹322.80, climbing 7.6 per cent.
The company commanded a market valuation of ₹8,192.66 crore on the BSE.
In the broader market, the 30-share BSE benchamrk traded flat in the morning trade, quoting 20.48 points higher at 61,893.47 at 10:25 hours.
The initial public offering (IPO) of Bikaji Foods International was subscribed 26.67 times last week.
The ₹881.22-crore IPO had a price range of ₹285-300 a share.
Bikaji is the largest manufacturer of 'Bikaneri bhujia' with an annual production of 29,380 tonnes and is a leading maker of packaged 'rasgulla', 'soan papdi' and 'gulab jamun'.
Global Health's stock made its market debut at ₹398.15, rallying 18.49 per cent on the BSE. Later, it zoomed 21.72 per cent to ₹409.
At the NSE, it listed at ₹401, a jump of 19.34 per cent.
The company commanded a market valuation of ₹10,770.30 crore on the BSE.
The initial public offering (IPO) of Global Health was subscribed 9.58 times on the final day of the offer, last Monday.
The offer had a price range of ₹319-336 a share.
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.
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.
