Business Desk, AnyTV, New Delhi
Published by: Deepak Chaturvedi
Updated Fri, 03 Jun 2022 11:31 AM IST
hear the news
hear the news
It is worth noting that the shares of the company were listed on BSE at Rs 706.15 as compared to its issue price of Rs 642. Along with this, their listing on NSE was done at Rs 704. After listing, there was a further jump in it and it increased by more than 20 percent to Rs 776.
Let us inform here that a day before the listing, the shares of Ather Industries of the company were at a premium of Rs 25 to 30 in the gray market. The IPO of Ather was open for subscription from 24 to 26 May 2022 and its price band was fixed at Rs 610-642. This IPO was subscribed 6.26 times.
Expansion
Special chemicals company Ather Industries has made a great entry in the stock market. Its shares were listed on Friday with a premium of 10 per cent. Due to this, there was a lot of enthusiasm among the people who invested money in the company.
It is worth noting that the shares of the company were listed on BSE at Rs 706.15 as compared to its issue price of Rs 642. Along with this, their listing on NSE was done at Rs 704. After listing, there was a further jump in it and it increased by more than 20 percent to Rs 776.
Let us inform here that a day before the listing, the shares of Ather Industries of the company were at a premium of Rs 25 to 30 in the gray market. The IPO of Ather was open for subscription from 24 to 26 May 2022 and its price band was fixed at Rs 610-642. This IPO was subscribed 6.26 times.