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Amber Enterprises makes good debut; ends 44% premium over issue price

The stock listed at Rs 1,180, a 37% premium over its issue price of Rs 859 on BSE.

Representative Image (Photo: Shutterstock)
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Representative Image (Photo: Shutterstock)

SI Reporter Mumbai
Amber Enterprises India has made a good debut on the bourses by listing at Rs 1,180, a 37% premium over its issue price of Rs 859 on BSE. On the National Stock Exchange (NSE), the stock opened at Rs 1,175.

Amber Enterprises ended at Rs 1,135 on NSE, after hitting a low of Rs 1,115 so far. Combined shares of around 1.13 million changed hands on the counter on BSE and NSE.

The company's initial public offer (IPO) of  Rs 6,000 million had got a strong response from the all category of investors. The issue was subscribed 165