Ameya Precision Engineers Ltd. debuts with 101.17% premium at Rs 68.40
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Ameya Precision Engineers Ltd. makes a strong debut on the bourses with scrip got listed at Rs 68.40 on the Bombay Stock Exchange, a 101.17 per cent premium to its issue price of Rs 34.00. On the National Stock Exchange, the stock was listed at Rs 68.40. The company, which raised 0.21 Cr from initial public offering, was subscribed 239.11 times, receiving bids for 5,021.31 lakhs shares against the total issue size of 21.00 lakhs shares. The company, listed under ST Group Securities post its IPO, opened for subscription from Aug 25 to Aug 30. 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 NSE. The company anticipates using the proceeds of the issue for . Shreni Shares Pvt. Ltd. as lead managers & SKYLINE FINANCIAL SERVICES PRIVATE LTD is the registrar, to the issue. Meanwhile, the broader benchmark NSE Nifty closed trade at 17,624.40, down 31.20 points, or 0.17 per cent.
