Specialty Chemicals - Listed on 17 September 2026
Amtech Esters (Specialty Chemicals) closed its IPO window in 2026 and listed on NSE and BSE on 17 September 2026 at an upper band issue price of Rs 75, opening at Rs 75 for a listing gain of 0.0%. The IPO was subscribed 25.78x overall - QIB 15.07x, HNI/NII 32.68x, Retail 28.93x. The total issue size was Rs 17.88 Cr (Fresh Issue Rs 17.88 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Specialty Chemicals
Amtech Esters operates in the Specialty Chemicals space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The Amtech Esters issue was offered at an upper price of Rs 75 and raised approximately Rs 17.88 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 7 | +9.33% |
| Day 2 | Rs 7 | +9.33% |
| Day 3 | Rs 7 | +9.33% |
| Day 4 | Rs 7 | +9.33% |
| Day 5 | Rs 7 | +9.33% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
How the broader market moved around the Amtech Esters IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Amtech Esters IPO listed at 0.0% versus the upper issue price of Rs 75 on 17 September 2026.
Amtech Esters IPO was subscribed 25.78x overall. QIB portion was subscribed 15.07x, HNI / NII 32.68x and Retail 28.93x.
IPO GMP started at Rs 7 on Day 1 and moved to Rs 7 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.