Amanta Healthcare IPO Sees Strong Investor Demand, Subscribed 2.21x on Opening Day

Amanta Healthcare Ltd's ₹126-crore initial public offering witnessed robust investor interest, achieving full subscription within hours of its market debut. The IPO garnered bids for 1.54 crore shares against 70 lakh shares on offer, reflecting 2.21 times oversubscription by early afternoon.

Retail investors led the charge with 3.39x subscription, while non-institutional participants bid 2.39x the allocated quota. The healthcare firm's offering comprises a fresh issue of 1 crore shares priced at ₹120-126 per share, with Beeline Capital Advisors managing the bookbuilding process.

The strong debut follows growing market appetite for healthcare investments amid sectoral tailwinds. Subscription momentum suggests favorable pricing when shares list later this week.