Shares of speciality chemicals company Aether Industries on Friday listed with a premium of 10 per cent against its issue price of Rs 642.
The stock made its debut at Rs 706.15, registering a jump of 9.99 per cent from the issue price at the BSE. It rallied 20.98 per cent to Rs 776.75.
Shares of speciality chemicals company Aether Industries on Friday listed with a premium of 10 per cent against its issue price of Rs 642.
The stock made its debut at Rs 706.15, registering a jump of 9.99 per cent from the issue price at the BSE. It rallied 20.98 per cent to Rs 776.75.
On the NSE, it is listed at Rs 704, with a premium of 9.65 per cent. The initial public offer of Aether Industries was subscribed 6.26 times last month.
The initial share sale had a fresh issue of up to Rs 627 crore and an offer-for-sale of up to 28,20,000 equity shares. Its price range was Rs 610-642 per share.
Aether Industries is a speciality chemicals manufacturer in India, focused on producing advanced intermediates and speciality chemicals involving complex and differentiated chemistry and technology core competencies.