Mumbai, Sept. 17 -- The scrip was listed at Rs 100, a 33.33% premium to the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 105 and a low of Rs 95. About 12.19 lakh shares of the company changed hands at the counter.

Amtech Esters' IPO was subscribed 23.97 times. The issue opened for bidding on 9 September 2026 and closed on 11 September 2026. The price band was fixed at Rs 71 to Rs 75 per share.

The IPO comprised a fresh issue of 17,07,200 equity shares. The promoter shareholding declined to 45.54% post-issue from 62.35% before the IPO.

The company plans to use the net proceeds to invest in its wholly owned subsidiary, Croda Pigment, through...