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Ami Organics shares close with over 53% premium in debut trade

In traded volume terms, 19.46 lakh shares were traded at the BSE and over 1.12 crore shares at the NSE during the day.

September 14, 2021 / 05:49 PM IST
 
 
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Shares of specialty chemicals maker Ami Organics on Tuesday closed with a premium of over 53 percent against its issue price of Rs 610. The stock made its debut at Rs 902, registering a gain of 47.86 percent from its issue price on the BSE.

During the day, it jumped 58.56 percent to Rs 967.25. The stock closed at Rs 934.55, up 53.20 percent.

On the NSE, it got listed at Rs 910, reflecting a premium of 49.18 percent. It closed at Rs 934.50, a jump of 53.19 percent.

In traded volume terms, 19.46 lakh shares were traded at the BSE and over 1.12 crore shares at the NSE during the day.

The company's market capitalisation was at Rs 3,405.23 crore on the BSE.

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The Rs 569.63-crore initial public offer of Ami Organics was subscribed 64.54 times earlier this month. Its price range was at Rs 603-610 per share.

Ami Organics is one of the leading R&D driven manufacturers of specialty chemicals with varied end usage, focussed on the development and manufacturing of pharma intermediates for regulated and generic APIs (active pharmaceutical ingredients) and NCE (new chemical entity) and key starting material for agrochemicals and fine chemicals.
PTI
first published: Sep 14, 2021 05:49 pm

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