Ami Organics IPO opens for subscription: Here’s what analysts say
India Today
The IPO of speciality chemicals manufacturers Ami Organics opened for subscription on Wednesday. Here's all you need to know about the public issue.
The initial public offering (IPO) of Surat-based speciality chemicals manufacturer Ami Organics opened for subscription on Wednesday. The company’s Rs 570 crore IPO will be open for subscription till Friday. Analysts remain optimistic about the company’s IPO, given the track record of speciality chemicals manufacturers that were recently listed on the stock markets.
A look at Sensex stocks shows that IT names such as HCLTech, Tech Mahindra, and TCS were trading in the green, even as heavyweights across banking, auto, metal and consumption sectors saw sharp declines.
As of 10:26 am on MCX, gold futures were trading at Rs 1,37,307, down Rs 7,185 or 4.97%. Silver futures were at Rs 2,13,600, down Rs 13,172 or 5.81%.
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This is the third part of Lock & Key, a series that looks at how India's bank locker system works, the risks involved, and what customers need to know. After examining safety and insurance in the first two parts, this story focusses on a new problem – access.
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Venkataraman joined Flipkart in 2015 and has been part of the company's leadership team through a period of growth and restructuring. During his tenure, he helped strengthen the company's financial operations.