Shares of Aether Industries listed at ₹706.15 while the price band was fixed at ₹610 - ₹642 per share. The IPO witnessed decent demand from investors as its IPO was subscribed for 6.26 times the number of shares offered. AdvertisementAdvertisementShares of Aether Industries listed on the Indian exchanges at a 9.99% premium supported by positive market momentum.The stock exchanges opened in the green as Sensex went up by over 500 points in the morning. Its IPO was subscribed 6.26 times.Analysts had expected this positive listing based on the good response the IPO received, especially the institutions. Further, it asks the investors to go ‘long’ on the stock and buy more.

Source: Mint June 03, 2022 10:47 UTC