ABH Healthcare IPO Draws Strong Demand, Grey Market Premium Climbs To ₹55-60 Per Share
Mumbai: ABH Healthcare Limited , which operates the Anil Baghi Hospital brand, has opened its Rs 34.98-crore initial public offering. The issue will close on August 27, 2026, and the company plans to list its shares on the NSE SME platform. The price band has been fixed at Rs 96-102 per equity share. The IPO consists entirely of a fresh issue of 34,29,600 shares with a face value of Rs 10 each…
ABH Healthcare Limited, the operator of Anil Baghi Hospital, has launched its Rs 34.98-crore IPO on August 27, 2026. The company plans to list its shares on the NSE SME platform with a price band of Rs 96-102 per share. The IPO comprises 34,29,600 shares, with 1,72,800 shares reserved for market makers, leaving 32,56,800 shares available to the public.
Qualified institutional buyers showed strong interest, subscribing the offer 8.37 times, receiving bids for nearly 16.67 lakh shares worth Rs 17 crore. This surge in demand highlights institutional confidence in the company's business fundamentals and growth prospects. Grey market prices for ABH Healthcare's shares are trading at around Rs 55-60 per share, significantly higher than earlier levels of Rs 25-30.
This unofficial premium, even though not guaranteed, suggests a potential listing gain of approximately 55%. ABH Healthcare intends to utilize the IPO proceeds for debt repayment or prepayment and working capital, as well as potential acquisitions and general corporate purposes.
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