Specialty chemicals company Ami Organics made a strong debut on the bourses, listing at a 48 percent premium against its IPO price of Rs 610 a share on September 14. On the BSE, the stock debuted at Rs 902, up 47.87 percent, while it opened 49.18 percent higher at Rs 910 on the National Stock Exchange.
The listing was better than analysts’ expectations following a strong response the public offer. The initial public offering was subscribed 64.54 times during September 1-3, 2021, as investors bid for 42.22 crore shares against the offer size of 65.42 lakh shares.
News Source:- Moneycontrol