New Delhi, April 2 -- Amir Chand Jagdish Kumar IPO Listing: Amir Chand Jagdish Kumar share price made a muted debut in the Indian stock market today, April 2, as it got listed at Rs.200 apiece on NSE, a discount 5.66% over its initial public offering (IPO) price of Rs.212. Meanwhile, on BSE, it debuted at Rs.185, down 8% from the issue price.

The listing underperformed Street expectations, as seen from the grey market premium (GMP). Amir Chand Jagdish Kumar IPO GMP stood at Rs.3.5 per share, which indicated a likely listing price of Rs.215.5 - a premium of just 1.65% to the offer price.

Amir Chand Jagdish Kumar IPO was subscribed 3.23 times in total, NSE data showed.

The Retail Individual Investors (RIIs) segment was booked 1.36 times,...