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Aashka Hospitals Ltd. makes a strong debut on the bourses with scrip got listed at Rs 121.10 on the Bombay Stock Exchange, a 0.08 per cent premium to its issue price of Rs 121.00. The company, which raised 0.84 Cr from initial public offering, was subscribed 1.30 times, receiving bids for 109.20 lakhs shares against the total issue size of 84.00 lakhs shares. The company, listed under MT Group Securities post its IPO, opened for subscription from Aug 10 to Aug 24. Following a strong opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE. The company anticipates using the proceeds of the issue for Repayment / prepayment, in full or part, of certain borrowings availed by the Company Funding of the inorganic growth initiatives General corporate purposes. Fedex Securities Private Limited as lead managers & ACCURATE SECURITIES & REGISTRY PRIVATE LIMITED is the registrar, to the issue. Meanwhile, the broader benchmark BSE Sensex closed trade at 57,552.39, up 662.63 points, or 1.16 per cent.