Shares of Ami Organics and Vijaya Diagnostic rallied 53 per cent and 17 per cent over their issue price during their stock market debut on Tuesday.
Ami Organics’ stock closed at Rs 935, with a gain of Rs 325, while Vijaya Diagnostic finished at Rs 619, with a gain of Rs 88.
Ami Organics’ initial public offering (IPO) was subscribed 65 times. Its IPO consisted of Rs 200-crore fresh fund raise and Rs 370-crore secondary share sale.
Vijaya Diagnostic, one of the largest diagnostic chains in southern India, garnered 4.5 times subscription for its IPO. The IPO was entirely a

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