Amanta Healthcare hits upper circuit on listing day, ends 11.54% above issue price

Amanta Healthcare Shares Today: Amanta Healthcare shares made a strong debut on the Indian stock market today, with the stock getting locked in the 5 per cent upper circuit shortly after listing at premium of over 7 per cent on both the BSE and NSE. The company’s IPO listing date was today, September 9, and investor enthusiasm remained high post-listing.

Amanta Healthcare IPO Listing and Price Movement

Shares of Amanta Healthcare were listed at Rs 135 on the NSE and Rs 134 on the BSE, reflecting premiums of 7.14 per cent and 6.35 per cent, respectively, over the issue price. The stock surged to an intraday high of Rs 141.75 on the BSE before closing at Rs 141.

Strong Subscription

The company’s initial public offering (IPO), which was open from September 1 to 3, was subscribed 82.61 times in total. Amanta Healthcare raised Rs 126 crore through a fresh issue of 1 crore equity shares, priced between Rs 120 and Rs 126 per share.

About Amanta Healthcare

Amanta Healthcare is a pharmaceutical company that develops, manufactures, and markets a diverse range of sterile liquid products, including large volume parenterals (LVPs) and small volume parenterals (SVPs) across six therapeutic segments.