Ambani Organics IPO is a fixed price issue of ₹9.03 crores. The issue is a combination of fresh issue of 0.13 crore shares aggregating to ₹8.37 crores and offer for sale of 0.01 crore shares aggregating to ₹0.6600 crores.
Ambani Organics IPO bidding started from Jul 6, 2018 and ended on Jul 10, 2018. The shares got listed on NSE SME on Jul 18, 2018.
Ambani Organics IPO price is ₹66.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,32,000 (2000 shares). The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹2,64,000.
Aryaman Financial Services Ltd. is the book running lead manager and Universal Capital Securities Pvt.Ltd. is the registrar of the issue. The market maker of the company is Aryaman Capital Markets Ltd..
Refer to Ambani Organics IPO RHP for detailed Information.
IPO Date | July 6, 2018 to July 10, 2018 |
Listing Date | July 18, 2018 |
Face Value | ₹10 per share |
Issue Price Band | |
Issue Price Final | ₹66 per share |
Lot Size | 2,000 Shares |
Sale Type | Fresh Capital-cum-Offer for Sale |
Total Issue Size | 13,68,000 shares (aggregating up to ₹9.03 Cr) |
Reserved for Market Maker | 72,000 shares Aryaman Capital Markets Ltd. (aggregating up to ₹0.4752 Cr) |
Fresh Issue (Ex Market Maker) | 11,96,000 shares (aggregating up to ₹7.89 Cr) |
Offer for Sale | 1,00,000 shares of ₹10 (aggregating up to ₹0.6600 Cr) |
Net Offered to Public | 12,96,000 shares (aggregating up to ₹8.55 Cr) |
Issue Type | Fixed Price IPO |
Listing At | NSE SME |
Share Holding Pre Issue | 38,10,659 shares |
Share Holding Post Issue | 50,78,659 shares |
Ambani Organics IPO offers total 13,68,000 shares. Out of which 6,48,000 (47.37%) allocated to NII, 6,48,000 (47.37%) allocated to RII.
Investor Category | Shares Offered |
---|---|
Market Maker Shares Offered | 72,000 (5.26%) |
NII (HNI) Shares Offered | 6,48,000 (47.37%) |
Retail Shares Offered | 6,48,000 (47.37%) |
Total Shares Offered | 13,68,000 (100.00%) |
Ambani Organics IPO opens on July 6, 2018, and closes on July 10, 2018.
IPO Open Date | Fri, Jul 6, 2018 |
IPO Close Date | Tue, Jul 10, 2018 |
Tentative Listing Date | Wed, Jul 18, 2018 |
Cut-off time for UPI mandate confirmation | 5 PM on Tue, Jul 10, 2018 |
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 2,000 | ₹1,32,000 |
Retail (Max) | 1 | 2,000 | ₹1,32,000 |
HNI (Min) | 2 | 4,000 | ₹2,64,000 |
Incorporated in 1985, Thane, Maharashtra based Ambani Organics Limited is a company engaged in the business of specialty chemicals. The company is a manufacturer, processor, importer, supplier, and exporter of water-based specialty chemicals used in Paper Industry, Paint Industry, Textile Industry, Carpet Industry, Adhesive Industry, etc. Ambani Organics is an "ISO 9001:2015 - Quality Management System" certified company and has also obtained GOTS (Global Organic Textiles Standards) certification for some of its textile industries chemicals.
The Company has 2 (two) manufacturing facilities in Thane located adjacent to each other. It also has a dedicated in-house Research & Development and Quality Assurance/Quality Control Team which undertakes rigorous testing and quality management. The R&D Centre is located at MIDC Tarapur, Boisar, Thane.
The company has 80 permanent employees on its payroll.
Particulars | For the year/period ended (in Rs. Lakhs) | |||||
---|---|---|---|---|---|---|
31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | ||
Total Assets | 4,777.78 | 3,830.50 | 3,004.24 | 1,902.19 | 2,531.88 | |
Total Revenue | 6,558.15 | 5,289.85 | 3,291.40 | 3,765. 77 | 3,419.69 | |
Profit After Tax | 182.30 | 83.17 | (38.89) | (243.99) | 32.35 |
Particulars | For the year/period ended (in Rs. Lakhs) | |||||
---|---|---|---|---|---|---|
31-Mar-18 | 31-Mar-17 | |||||
Total Assets | 4,772.65 | 3,829.78 | ||||
Total Revenue | 6,558.15 | 5,289.85 | ||||
Profit After Tax | 191.35 | 79.96 |
The Issue comprises a Fresh Issue by the Company and an Offer for Sale by the Selling Shareholder. The Company will not receive any proceeds of the Offer for Sale by the Selling Shareholder.
The Objects of the Fresh Issue is to raise funds for:
1. Funding Long-Term Working Capital Requirement; and
2. Funding expenditure for General Corporate Purposes
[Dilip Davda] <p>Considering fully priced issue, risk savvy cash surplus investors may consider investment for long term at their own risk.</p> Read detail review...
Listing Date | July 18, 2018 |
BSE Script Code | |
NSE Symbol | AMBANIORGO |
ISIN | INE00C501018 |
Final Issue Price | ₹66 per share |
Price Details | NSE SME |
---|---|
Final Issue Price | ₹66.00 |
Open | ₹66.65 |
Low | ₹66.20 |
High | ₹67.00 |
Last Trade | ₹66.65 |
Ambani Organics Ltd.
N-44,
MIDC,
Tarapur Boisar,
Thane, Maharashtra, 401506
Phone: +91 - 22 - 2683 3778
Email: info@ambaniorganics.com
Website: http://www.ambaniorganics.com/
Universal Capital Securities Pvt.Ltd.
Phone: +91-22-28207203
Email: info@unisec.in
Website: http://www.unisec.in
Ambani Organics IPO is a SME IPO of 13,68,000 equity shares of the face value of ₹10 aggregating up to ₹9.03 Crores. The issue is priced at ₹66 per share. The minimum order quantity is 2000.
The IPO opens on July 6, 2018, and closes on July 10, 2018.
Universal Capital Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Ambani Organics IPO using UPI as a payment gateway. Zerodha customers can apply in Ambani Organics IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ambani Organics IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ambani Organics IPO opens on July 6, 2018 and closes on July 10, 2018.
Ambani Organics IPO lot size is 2000, and the minimum amount required for application is ₹1,32,000.
You can apply in Ambani Organics 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 Ambani Organics IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Ambani Organics IPO allotment status.
The Ambani Organics IPO listing date is on Wednesday, July 18, 2018.
Useful Articles