Bookbuilding FPO | ₹13 Cr | Listed at BSE SME | Thu, Nov 16, 2017 - Tue, Nov 21, 2017
Ambition Mica FPO is a book build issue of ₹12.60 crores. The issue is entirely a fresh issue of 0.30 crore shares of ₹12.60 crore.
Ambition Mica FPO bidding started from Nov 16, 2017 and ended on Nov 21, 2017. The shares got listed on BSE SME on Nov 29, 2017.
Ambition Mica FPO price band is set at ₹42 per share. The lot size for an application is 3,000. The minimum amount of investment required by an retail is ₹1,26,000 (3000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (6,000 shares), amounting to ₹2,52,000.
Pantomath Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Pantomath Stock Brokers Pvt.Ltd..
Refer to Ambition Mica FPO RHP for detailed Information.
FPO Open
Thu, Nov 16, 2017
FPO Close
Tue, Nov 21, 2017
Issue Price
₹42 per share
Market Cap (Pre-IPO)
₹16.69 Cr
| IPO Date | 16 to 21 Nov, 2017 |
| Listed on | Wed, Nov 29, 2017 |
| Face Value | ₹10 per share |
| Price Band | ₹40 to ₹42 |
| Issue Price | ₹42 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding FPO |
| Listing At | BSE SME |
| Total Issue Size | 30,00,000 shares (agg. up to ₹13 Cr) |
| Reserved for Market Maker | 1,56,000 shares Pantomath Stock Brokers Pvt.Ltd. (agg. up to ₹0.6552 Cr) |
| Fresh Issue (Ex Market Maker) | 28,44,000 shares (agg. up to ₹12 Cr) |
| Net Offered to Public | 28,44,000 shares (agg. up to ₹12 Cr) |
| Share Holding Pre Issue | 29,00,000 shares |
| Share Holding Post Issue | 39,74,000 shares |
| BSE Script Code | 539223 |
| ISIN | INE563S01011 |
Ambition Mica FPO comprises a total issue size of 30,00,000 shares. The net offer to the public is 28,44,000 shares, after excluding 1,56,000 shares allotted on a firm basis. Of the Net offer 14,22,000 (50.00%) allocated to NII 14,22,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 14,22,000 | 50.00% | 47.40% |
| Retail Shares Offered | 14,22,000 | 50.00% | 47.40% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,56,000 | 5.20% | |
| Total Shares Offered | 30,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,26,000 |
| Retail (Max) | 1 | 3,000 | ₹1,26,000 |
| HNI (Min) | 2 | 6,000 | ₹2,52,000 |
Incorporated in 2010, Ambition Mica Ltd is one of the leading manufacturers of mid segment decorative laminates and door skins. They market laminates under brands like Antique, Art Lam, Antique Aurum, Antique Colourcore and Antique Natural Wood. They also market door skin under brand name Beautique, Texas, Micro Touch, Antique Natural Wood and Door Touch.
Specialisation in textured laminated, company has diverse range with 1152 designs in laminates and 429 designs in door skins, that meets customer fancy.
"Ambition Mica" enjoys a unique brand identity as the market leader, which offerings that are considered industry Benchmarks. "Ambition Mica" has come up with an object of new design solution for interiors and architects to inspire their idea with a commitment to set new trend in interior and furniture world to yield unexpected results. "Ambition Mica" offers simplicity with carefully chosen Textures, Wood grains series, Metals, Colors etc.
| 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 | Working Capital Requirements | 9.00 |
| 2 | General Corporate Purposes | 2.60 |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Bankersincluding expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Bankers etc | 0.68 |
| 2 | Regulatory fees | 0.10 |
| 3 | Marketing and Other Expenses | 0.22 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹42.00 |
| Open | ₹42.05 |
| Low | ₹42.00 |
| High | ₹44.45 |
| Last Trade | ₹43.15 |
Lead Manager Reports
Ambition Mica FPO is a SME FPO of 30,00,000 equity shares of the face value of ₹10 aggregating up to ₹13 Crores. The issue is priced at ₹42 per share. The minimum order quantity is 3000.
The FPO opens on Thu, Nov 16, 2017, and closes on Tue, Nov 21, 2017.
Kfin Technologies Ltd. is the registrar for the FPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Ambition Mica FPO using UPI as a payment gateway. Zerodha customers can apply in Ambition Mica FPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ambition Mica FPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ambition Mica FPO opens on Thu, Nov 16, 2017 and closes on Tue, Nov 21, 2017.
Ambition Mica FPO lot size is 3000, and the minimum amount required for application is ₹1,26,000.
You can apply in Ambition Mica FPO 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 Ambition Mica FPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Ambition Mica FPO allotment status.
The Ambition Mica FPO listing date is on Wed, Nov 29, 2017.
