Amanta Healthcare Shares Surge After Successful IPO Listing
AI-Generated Summary
Amanta Healthcare, a pharmaceutical company specializing in sterile liquid medicines, achieved a successful stock market listing. Its IPO was oversubscribed 82 times, and shares opened at a 7% premium on both NSE and BSE. The company raised Rs 126 crore through the issuance of 1 crore shares.
In a nutshell
This strong market debut indicates significant investor confidence in Amanta Healthcare's business model and future growth prospects within the pharmaceutical sector. It suggests a positive sentiment for new listings in the Indian market.
Source: The Financial Express
