Mumbai, Oct. 6 -- The scrip was listed at Rs 101, a premium of 1% over 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 106.05 and a low of Rs 96.05. About 11.71 lakh shares of the company changed hands at the counter.

Ameenji Rubber's IPO was subscribed 2.12 times. The issue opened for bidding on 26 September 2025 and it closed on 30 September 2025. The price of the IPO was fixed between Rs 95 to Rs 100 per share.

The IPO comprised a fresh issue of 30,00,000 equity shares. The promoter and promoter group shareholding diluted to 67.72% from 92.24% pre-issue.

The company intends to utilize the net proceeds for funding of capital expenditure...