April 15, 2019 / 5:29 AM / 2 months ago

BUZZ-India's Metropolis Healthcare rises on debut

** Shares of Indian diagnostics company Metropolis Healthcare Limited rise as much as 10.22 pct to 969.9 rupees on their market debut

** The unit was trading at 942 rupees as of 0600 GMT, compared with the IPO price band of 877 rupees to 880 rupees

** The company’s 12 bln rupees ($173.18 mln) IPO was subscribed more than 5.8 times

** Metropolis Healthcare is engaged in providing pathology services, in delivering over 30 million tests catering to approximately 20,000 laboratories, hospitals, nursing homes and over 2,00,000 consultants ($1 = 69.2920 Indian rupees)

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