Fixed Price IPO | ₹9 Cr | Listed at NSE SME | Fri, Jul 6, 2018 - Tue, Jul 10, 2018
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Fri, Jul 6, 2018
IPO Close
Tue, Jul 10, 2018
Issue Price
₹66 per share
Market Cap (Pre-IPO)
₹33.52 Cr
| IPO Date | 6 to 10 Jul, 2018 |
| Listed on | Wed, Jul 18, 2018 |
| Face Value | ₹10 per share |
| Issue Price | ₹66 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 13,68,000 shares (agg. up to ₹9 Cr) |
| Reserved for Market Maker | 72,000 shares Aryaman Capital Markets Ltd. (agg. up to ₹0.4752 Cr) |
| Fresh Issue (Ex Market Maker) | 11,96,000 shares (agg. up to ₹8 Cr) |
| Offer for Sale | 1,00,000 shares of ₹10 (agg. up to ₹0.6600 Cr) |
| Net Offered to Public | 12,96,000 shares (agg. up to ₹9 Cr) |
| Share Holding Pre Issue | 38,10,659 shares |
| Share Holding Post Issue | 50,78,659 shares |
| NSE Symbol | AMBANIORGO |
| ISIN | INE00C501018 |
Ambani Organics IPO comprises a total issue size of 13,68,000 shares. The net offer to the public is 12,96,000 shares, after excluding 72,000 shares allotted on a firm basis. Of the Net offer 6,48,000 (50.00%) allocated to NII 6,48,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 6,48,000 | 50.00% | 47.37% |
| Retail Shares Offered | 6,48,000 | 50.00% | 47.37% |
| Firm Reservations | |||
| Market Maker Shares Offered | 72,000 | 5.26% | |
| Total Shares Offered | 13,68,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| 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.
| 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 | Funding Long Term Working Capital Requirement | 7.24 |
| 2 | Expenditure for General Corporate Purposes | 0.59 |
The Ambani Organics IPO is subscribed 1.36 times on July 10, 2018 5:00:00 PM (Day 3). The public issue subscribed 0.97 times in the retail category, [.] times in the QIB category, and 1.91 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.91 | 6,48,000 | 12,36,000 |
| Retail | 0.97 | 6,48,000 | 6,26,000 |
| Total | 1.36 | 13,68,000 | 18,62,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management fees including fees and reimbursements of Market Making fees (1st year), and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | 0.43 |
| 2 | Brokerage and Selling Commission, Underwriting Commission, RTAs and CDPs | 0.04 |
| 3 | Advertisement, Printing & Stationery, Marketing Expenses, etc | 0.04 |
| 4 | Listing Fees, Market Regulatory & Other Expenses | 0.07 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹66.00 |
| Open | ₹66.65 |
| Low | ₹66.20 |
| High | ₹67.00 |
| Last Trade | ₹66.65 |
Lead Manager Reports
Ambani Organics IPO is a SME IPO of 13,68,000 equity shares of the face value of ₹10 aggregating up to ₹9 Crores. The issue is priced at ₹66 per share. The minimum order quantity is 2000.
The IPO opens on Fri, Jul 6, 2018, and closes on Tue, Jul 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 Fri, Jul 6, 2018 and closes on Tue, Jul 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 Wed, Jul 18, 2018.
