Emami will retain a 15% share in AMRI, while the West Bengal government will retain a 1% stake.
The company had set an IPO price band of Rs 200-211.
The action represents a turnaround in the French energy major's stance since it halted a $4 billion green hydrogen project.
Petrol and Diesel prices in cities across India on 21-09-2023
Indian stock indices Sensex, Nifty 50 were down in the pre-opening session
Spot gold was down 0.3% to $1,924.68 per ounce, while U.S. gold futures were down 1.1% to $1,944.90.
The offer's floor price has been set at Rs 69.
Brent futures for November delivery were down 44 cents, or 0.5%, at $89.18 per barrel. West Texas Intermediate crude (WTI) CLc1 in the United States decreased by 49 cents or 0.6% to $89.17.
There was already a consensus ahead of the Fed meeting that the rates would not be hiked in September.
In revenues, LTTS has crossed USD1bn and aspires to reach USD1.5bn revenue run rate by FY25.

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