Bookbuilding IPO | ₹42 Cr | Listed at BSE, NSE | Thu, Aug 25, 2005 - Wed, Aug 31, 2005
Amar Remedies IPO is a book build issue of ₹42.00 crores. The issue is entirely a fresh issue of 1.50 crore shares of ₹42.00 crore.
Amar Remedies IPO bidding started from Aug 25, 2005 and ended on Aug 31, 2005. The shares got listed on NSE and BSE on Sep 16, 2005.
Amar Remedies IPO is set final issue price at ₹28 per share.
Almondz Global Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Amar Remedies IPO RHP for detailed Information.
IPO Open
Thu, Aug 25, 2005
IPO Close
Wed, Aug 31, 2005
Issue Price
₹28 per share
Market Cap (Pre-IPO)
₹73.26 Cr
| IPO Date | 25 to 31 Aug, 2005 |
| Listed on | Fri, Sep 16, 2005 |
| Face Value | ₹10 per share |
| Price Band | ₹24 to ₹28 |
| Issue Price | ₹28 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,50,00,000 shares (agg. up to ₹42 Cr) |
| Fresh Issue | 1,50,00,000 shares (agg. up to ₹42 Cr) |
| Share Holding Pre Issue | 1,11,64,150 shares |
| Share Holding Post Issue | 2,61,64,150 shares |
| BSE Script Code / NSE Symbol | 532664 / AMAR |
| ISIN | INE787G01011 |
Amar Remedies IPO comprises a total issue size of 1,50,00,000 shares. Out of which, 75,00,000 (50.00%) are allocated to QIB, 22,50,000 (15.00%) allocated to NII 52,50,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue |
|---|---|---|
| QIB Shares Offered | 75,00,000 | 50.00% |
| NII (HNI) Shares Offered | 22,50,000 | 15.00% |
| Retail Shares Offered | 52,50,000 | 35.00% |
| Total Shares Offered | 1,50,00,000 | 100.00% |
Amar Remedies Ltd is an Indian manufacturer of ayurvedic, personal care, and oral hygiene products, such as toothpastes and toothbrushes, established in 1983
The company primarily manufactures and trades ayurvedic personal care products, including toothpaste, tooth powder, petroleum jellies, and talcs.
The company produces 29 varieties of toothpaste under 15 brand names. We sell 12 brands to foreign traders and 3 domestically. Since 2004-05, we have directly exported the 12 brands, generating Rs. 507 lakhs in exports. We have applied for trademark registration for 7 of the exported brands and 2 of the domestic brands.
As of June 30, 2005, the company can manufacture 200 tons of pain balm and is operating at about 95% capacity.
| Period Ended | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Assets | 41.80 | 35.20 | 23.55 |
| Total Income | 106.82 | 82.25 | 73.72 |
| Profit After Tax | 6.76 | 3.49 | 2.83 |
| NET Worth | 25.03 | 18.12 | 12.96 |
| Reserves and Surplus | 15.21 | 8.45 | 4.96 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Plant and Machinery | 3.60 |
| 2 | Factory Premises | 0.75 |
| 3 | Analytical Laboratory | 0.75 |
| 4 | Furniture and Fixtures | 0.75 |
| 5 | Electronic Installation | 0.50 |
| 6 | Marketing/Branding/Sales Promotion | 2.00 |
| 7 | Research and Development | 0.95 |
| 8 | Issue Expenses | 2.50 |
| Total | 11.80 |
| KPI | Jun 30, 2005 |
|---|---|
| RoNW | 27.47% |
| Price to Book Value | 1.25 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.05 | 2.58 |
| P/E (x) | 4.63 | 10.84 |
| Promoter Holding | 99.99% | 42.67% |
| Market Cap | ₹73.26 Cr. |
The Amar Remedies IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 35.57 | 1,50,00,000 | 53,35,46,000 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Printing & Distribution | 0.50 |
| 2 | Issue Advertisements | 1.20 |
| 3 | Issue Management fee | 0.30 |
| 4 | Underwriting & Selling Commission | 0.50 |
| 5 | Registrars Expenses | 0.20 |
| 6 | Brokerage | 0.30 |
| 7 | Other Costs including fee to Legal Advisors, Stamp Duty, Listing fee, etc. | 0.50 |
| Total | 3.50 |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹28.00 | ₹28.00 |
| Open | ₹56.00 | ₹50.00 |
| Low | ₹47.00 | ₹47.05 |
| High | ₹64.70 | ₹62.00 |
| Last Trade | ₹56.20 | ₹56.05 |
Lead Manager Reports
Amar Remedies IPO is a main-board IPO of 1,50,00,000 equity shares of the face value of ₹10 aggregating up to ₹42 Crores. The issue is priced at ₹28 per share. The minimum order quantity is .
The IPO opens on Thu, Aug 25, 2005, and closes on Wed, Aug 31, 2005.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Amar Remedies IPO using UPI as a payment gateway. Zerodha customers can apply in Amar Remedies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Amar Remedies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Amar Remedies IPO opens on Thu, Aug 25, 2005 and closes on Wed, Aug 31, 2005.
Amar Remedies IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Amar Remedies 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 Amar Remedies IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Amar Remedies IPO allotment status.
The Amar Remedies IPO listing date is on Fri, Sep 16, 2005.
