Birla Pacific Medspa attracts investor attention

Birla Pacific Medspa Limited, a Yash Birla Group Company saw a lot of investor interest in the company's stock. As stated on BSE, V P Patel bought 1,190,000 shares at Rs 18.32. And also Mr. Amitabh Harivansh Rai Bachchan acquired 10 lakh shares at an average price of Rs18.50. The stock hit a high of Rs 19 and a low of Rs 17. The IPO of Birla Pacific Medspa closed with a subscription of 1.18 times and IPO received bids for 7.68 crore shares, compared with 6.51 crore shares on offer.

P.V. R Murthy - Group Finance Director, Yash Birla Group said "Healthcare industry is set to grow in leaps and bounds in the next decade and that's how we got into this sector. We are delighted that investors have realized the potential of the wellness industry and have shown immense faith in Birla Pacific Medspa."