Narayana Hrudayalaya received good response from investors on the listing day. Shares of the company settled at Rs 340.80, a premium of 34.78% against the issue price of Rs 250.

It touched a high of Rs 345.65 and low of Rs 291 after opening at Rs 291 at the NSE.

Narayana Hrudayalaya (NHL) is one of the leading private healthcare service providers in India with a strong presence in Karnataka and the Eastern region with while it is growing its presence is other parts of India as well.

The company has a relatively light asset model with it owning just 1,613 out of its 5,442 operational beds. It has a strong brand name and is known for its clinical excellence and being an affordable healthcare service provider. It currently has 23 hospitals.