Fixed Price IPO | ₹7 Cr | Listed at NSE SME | Wed, Dec 20, 2017 - Fri, Dec 22, 2017
Ajooni Biotech IPO is a fixed price issue of ₹6.59 crores. The issue is entirely a fresh issue of 0.22 crore shares of ₹6.59 crore.
Ajooni Biotech IPO bidding started from Dec 20, 2017 and ended on Dec 22, 2017. The shares got listed on NSE SME on Jan 2, 2018.
Ajooni Biotech IPO price is ₹30 per share. The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (4000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (8,000 shares), amounting to ₹2,40,000.
Navigant Corporate Advisors Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The Market Maker of the company is Share India Securities Ltd..
Refer to Ajooni Biotech IPO RHP for detailed Information.
IPO Open
Wed, Dec 20, 2017
IPO Close
Fri, Dec 22, 2017
Issue Price
₹30 per share
Market Cap (Pre-IPO)
₹17.57 Cr
| IPO Date | 20 to 22 Dec, 2017 |
| Listed on | Tue, Jan 2, 2018 |
| Face Value | ₹10 per share |
| Issue Price | ₹30 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 21,96,000 shares (agg. up to ₹7 Cr) |
| Reserved for Market Maker | 1,12,000 shares Share India Securities Ltd. (agg. up to ₹0.3360 Cr) |
| Fresh Issue (Ex Market Maker) | 20,84,000 shares (agg. up to ₹6 Cr) |
| Net Offered to Public | 20,84,000 shares (agg. up to ₹6 Cr) |
| Share Holding Pre Issue | 36,59,024 shares |
| Share Holding Post Issue | 58,55,024 shares |
| NSE Symbol | AJOONI |
| ISIN | INE820Y01013 |
Ajooni Biotech IPO comprises a total issue size of 21,96,000 shares. The net offer to the public is 20,84,000 shares, after excluding 1,12,000 shares allotted on a firm basis. Of the Net offer 10,42,000 (50.00%) allocated to NII 10,42,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 10,42,000 | 50.00% | 47.45% |
| Retail Shares Offered | 10,42,000 | 50.00% | 47.45% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,12,000 | 5.10% | |
| Total Shares Offered | 21,96,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹1,20,000 |
| Retail (Max) | 1 | 4,000 | ₹1,20,000 |
| HNI (Min) | 2 | 8,000 | ₹2,40,000 |
Incorporated in 2010, Ajooni Biotech Limited is Mohali, Punjab based company engaged in manufacturing, producing, processing and supplying of Cattle feed, Nutrients related to cattle feed and manufacturing & production of Animal health care supplements.
Ajooni Biotech have entered into an Agreement with Patanjali for manufacturing of Cattle feed and Distribution of Cattle feed and feed supplements in under brand name Patanjali in the states of Punjab, Himachal Pradesh, some parts of Jammu & Kashmir, Haryana and Rajasthan. Ajooni Biotech is manufacturer and supplier of Patanjali Samvriddhi, Patanjali Garbhanjali, Patanjali Batisa-pro etc brands.
Company also manufacture cattle feed & supplement under own brand name of "AUTUS Animal Healthcare".
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To part finance working capital requirements of the Company. | 4.99 |
| 2 | General corporate purposes. | 1.15 |
The Ajooni Biotech IPO is subscribed [.] times on December 22, 2017 5:00:00 PM (Day 3). The public issue subscribed [.] times in the retail category, [.] times in the QIB category, and [.] times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | [.] | 10,98,000 | 8,28,72,000 |
| Retail | [.] | 10,98,000 | 5,02,16,000 |
| Total | [.] | 21,96,000 | 13,35,48,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees, Underwriting Fees selling commissions, brokerages, Payment to other intermediaries such as Legal Advisors, Registrars etc. | 0.25 |
| 2 | Market Making Fees for three years | 0.10 |
| 3 | Printing & Stationery, Distribution, Postage, etc. | 0.02 |
| 4 | Advertisement & Marketing Expenses | 0.02 |
| 5 | Regulatory & other expenses | 0.03 |
| 6 | Miscellaneous Expenses | 0.03 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹36.00 |
| Low | ₹36.00 |
| High | ₹36.00 |
| Last Trade | ₹36.00 |
Lead Manager Reports
Ajooni Biotech IPO is a SME IPO of 21,96,000 equity shares of the face value of ₹10 aggregating up to ₹7 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on Wed, Dec 20, 2017, and closes on Fri, Dec 22, 2017.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Ajooni Biotech IPO using UPI as a payment gateway. Zerodha customers can apply in Ajooni Biotech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ajooni Biotech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ajooni Biotech IPO opens on Wed, Dec 20, 2017 and closes on Fri, Dec 22, 2017.
Ajooni Biotech IPO lot size is 4000, and the minimum amount required for application is ₹1,20,000.
You can apply in Ajooni Biotech IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Ajooni Biotech IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Ajooni Biotech IPO allotment status.
The Ajooni Biotech IPO listing date is on Tue, Jan 2, 2018.
