Fixed Price IPO | ₹4 Cr | Listed at BSE SME | Tue, Jun 23, 2015 - Tue, Jun 30, 2015
Ambition Mica IPO is a fixed price issue of ₹4.30 crores. The issue is entirely a fresh issue of 0.11 crore shares of ₹4.30 crore.
Ambition Mica IPO bidding started from Jun 23, 2015 and ended on Jun 30, 2015. The shares got listed on BSE SME on Jul 14, 2015.
Ambition Mica IPO price is ₹40 per share. The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (3000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (6,000 shares), amounting to ₹2,40,000.
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 BCB Brokerage Pvt.Ltd..
Refer to Ambition Mica IPO RHP for detailed Information.
IPO Open
Tue, Jun 23, 2015
IPO Close
Tue, Jun 30, 2015
Issue Price
₹40 per share
Market Cap (Pre-IPO)
₹15.90 Cr
| IPO Date | 23 to 30 Jun, 2015 |
| Listed on | Tue, Jul 14, 2015 |
| Face Value | ₹10 per share |
| Issue Price | ₹40 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 10,74,000 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 54,000 shares BCB Brokerage Pvt.Ltd. (agg. up to ₹0.2160 Cr) |
| Fresh Issue (Ex Market Maker) | 10,20,000 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 10,20,000 shares (agg. up to ₹4 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 IPO comprises a total issue size of 10,74,000 shares. The net offer to the public is 10,20,000 shares, after excluding 54,000 shares allotted on a firm basis. Of the Net offer 5,10,000 (50.00%) allocated to NII 5,10,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 5,10,000 | 50.00% | 47.49% |
| Retail Shares Offered | 5,10,000 | 50.00% | 47.49% |
| Firm Reservations | |||
| Market Maker Shares Offered | 54,000 | 5.03% | |
| Total Shares Offered | 10,74,000 | 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 | ₹1,20,000 |
| Retail (Max) | 1 | 3,000 | ₹1,20,000 |
| HNI (Min) | 2 | 6,000 | ₹2,40,000 |
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 Requirement | 3.50 |
| 2 | General Corporate Purpose | 0.38 |
| 3 | Issue Expenses | 0.42 |
| KPI | |
|---|---|
| RoNW | 21.83% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 72.97% |
| Market Cap | ₹15.90 Cr. |
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 Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Market Maker, Bankers etc | 0.38 |
| 2 | Regulatory fees | 0.03 |
| 3 | Marketing and Other Expenses | 0.02 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹40.00 |
| Open | ₹45.00 |
| Low | ₹45.00 |
| High | ₹47.00 |
| Last Trade | ₹45.15 |
Lead Manager Reports
Ambition Mica IPO is a SME IPO of 10,74,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.
The IPO opens on Tue, Jun 23, 2015, and closes on Tue, Jun 30, 2015.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Ambition Mica IPO using UPI as a payment gateway. Zerodha customers can apply in Ambition Mica IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ambition Mica IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ambition Mica IPO opens on Tue, Jun 23, 2015 and closes on Tue, Jun 30, 2015.
Ambition Mica IPO lot size is 3000, and the minimum amount required for application is ₹1,20,000.
You can apply in Ambition Mica 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 Ambition Mica IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Ambition Mica IPO allotment status.
The Ambition Mica IPO listing date is on Tue, Jul 14, 2015.
