New Delhi, Feb. 12 -- Amwill Healthcare's share price made a weak stock market debut on Wednesday, February 12, listing at a steep 20% discount at Rs.88.85 apiece on the BSE SME platform, compared to its issue price of Rs.111.
Even after the poor listing, the stock extended its decline, slipping another 5% to hit a low of Rs.84.45 apiece. Currently, the stock is trading 24% below its IPO price
The SME IPO, amounting to Rs.60 crore, was open for subscription from February 5 to February 7, 2025, at a price of Rs.111 per share. It comprised a fresh issue of 44.04 lakh shares, aggregating to Rs.48.88 crore, and an offer for sale of 10 lakh shares, amounting to Rs.11.10 crore.
The IPO received an overall subscription of 5.73 times. Non-inst...
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