Business

Ami Organics Listing At Premium Stock Debuts At Premium To Ipo Price

Ami Organics Listing: Specialty chemicals manufacturer Ami Organics Limited has created a ruckus as soon as it enters the market. The share rate of this company is listed with a hefty premium of over 49 per cent over the issue price of Rs 610. The shares of the company were issued at Rs 610 on the opening of the IPO.

Let us tell you that the shares of the company have registered an increase of 47.86 percent from their opening price on BSE (Bombay Stock Exchange) and have reached Rs 902. After this, the share of Amy Organics Limited has jumped 52.29 percent to Rs 929.

On the other hand, NSE (National Stock Exchange of India) shares are now listed at Rs 910 with a premium of 49.18 percent. Let us tell you that under the IPO, the price was kept at Rs 603-610 per share.

Let us tell you that the IPO of Amy Organics was subscribed 64.54 times. Let us tell you that before the IPO, even in the primary market, its shares were at a premium price. Its IPO price in the gray market was at a premium of Rs 178. Let us tell you that Amy Organics is the most important company to use Active Pharma Ingredients.