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AMBO Agritec IPO is a fixed price issue of ₹10.20 crores. The issue is entirely a fresh issue of 0.34 crore shares of ₹10.20 crore.
AMBO Agritec IPO bidding started from Nov 21, 2022 and ended on Nov 24, 2022. The allotment for AMBO Agritec IPO was finalized on Nov 29, 2022. The shares got listed on BSE SME on Dec 2, 2022.
AMBO Agritec IPO price is ₹30.00 per share . The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (4000 shares). The minimum lot size investment for HNI is 2 lots (8,000 shares), amounting to ₹2,40,000.
Finshore Management Services Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The market maker of the company is Nikunj Stock Brokers Ltd..
Refer to AMBO Agritec IPO RHP for detailed Information.
| IPO Date | November 21, 2022 to November 24, 2022 |
| Listing Date | December 2, 2022 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹30 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 34,00,000 shares (aggregating up to ₹10.20 Cr) |
| Reserved for Market Maker | 1,72,000 shares Nikunj Stock Brokers Ltd. (aggregating up to ₹0.5160 Cr) |
| Net Offered to Public | 32,28,000 shares (aggregating up to ₹9.68 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 59,95,160 shares |
| Share Holding Post Issue | 93,95,160 shares |
AMBO Agritec IPO offers total 34,00,000 shares. Out of which 16,12,000 (47.41%) allocated to NII, 16,16,000 (47.53%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,72,000 (5.06%) |
| NII (HNI) Shares Offered | 16,12,000 (47.41%) |
| Retail Shares Offered | 16,16,000 (47.53%) |
| Total Shares Offered | 34,00,000 (100.00%) |
AMBO Agritec IPO opens on November 21, 2022, and closes on November 24, 2022.
| IPO Open Date | Mon, Nov 21, 2022 |
| IPO Close Date | Thu, Nov 24, 2022 |
| Tentative Allotment | Tue, Nov 29, 2022 |
| Initiation of Refunds | Wed, Nov 30, 2022 |
| Credit of Shares to Demat | Thu, Dec 1, 2022 |
| Tentative Listing Date | Fri, Dec 2, 2022 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Nov 24, 2022 |
Investors can bid for a minimum of 4,000 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 | 4,000 | ₹1,20,000 |
| Retail (Max) | 1 | 4,000 | ₹1,20,000 |
| HNI (Min) | 2 | 8,000 | ₹2,40,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1994, Ambo Agritec Limited is a Kolkata-based company engaged in manufacturing Biscuits and outsourced manufacturing of Edible Oils, Vanaspati, Bengali Speciality Products, trading of Crude Linseed Oil, and Soyabean Meal.
Ambo Agritec products are sold under the brand names 'Happy Bites' for Biscuits, 'Happy Heart' for Edible Oil, 'Ambo Gold' & 'Vanaspati 2000' for Vanaspati, and 'Max Health' for Bengali Speciality Products.
The company operates in three segments:
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 2113.76 | 7428.14 | 31.99 | 232.44 | 57.68 | 242.56 |
| 31-Mar-21 | 2212.42 | 4717.31 | 19.11 | 251.55 | 76.79 | 381.03 |
| 31-Mar-22 | 2553.75 | 9485.54 | 119.27 | 370.82 | 196.06 | 406.8 |
| 30-Jun-22 | 2629.73 | 1621.39 | 49.58 | 420.4 | 245.64 | 379.01 |
| Amount in ₹ Lakhs | ||||||
The market capitalization of AMBO Agritec IPO is ₹28.19 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 14.22 |
The Objects of the Issue are:
[Dilip Davda] AAL is in a highly competitive, fragmented business with many established big players. Based on its financial performance so far, the issue appears fully priced. Well-informed, cash surplus risk seekers may consider an investment with a long-term perspective. Read detail review...
| Listing Date | December 2, 2022 |
| BSE Script Code | 543678 |
| NSE Symbol | |
| ISIN | INE0N6V01016 |
| Final Issue Price | ₹30 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹40.10 |
| Low | ₹39.30 |
| High | ₹42.10 |
| Last Trade | ₹42.10 |
AMBO Agritec Ltd.
3, Pretoria Street, Chandrakunj Building,
2nd Floor, Kolkata – 700071
Kolkata, West Bengal
Phone: +91 98310 74747
Email: cs@amboagritec.com
Website: http://www.amboagritec.com/
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
AMBO Agritec IPO is a SME IPO of 34,00,000 equity shares of the face value of ₹10 aggregating up to ₹10.20 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on November 21, 2022, and closes on November 24, 2022.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in AMBO Agritec IPO using UPI as a payment gateway. Zerodha customers can apply in AMBO Agritec IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in AMBO Agritec IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The AMBO Agritec IPO opens on November 21, 2022 and closes on November 24, 2022.
AMBO Agritec IPO lot size is 4000, and the minimum amount required for application is ₹1,20,000.
You can apply in AMBO Agritec 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 AMBO Agritec IPO will be done on Tuesday, November 29, 2022, and the allotted shares will be credited to your demat account by Thursday, December 1, 2022. Check the AMBO Agritec IPO allotment status.
The AMBO Agritec IPO listing date is on Friday, December 2, 2022.
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