Ambey Laboratories Limited IPO Detail
Ambey Laboratories, incorporated in 1985, manufactures agrochemical products for crop protection. The company has been serving the agrochemical sector for almost four decades.
The company manufactures and supplies 2,4-D base chemicals.
The company's manufacturing facility in Behror, Rajasthan, is certified with ISO 9001:2015 by the Quality Research Organization and ISO 14001:2015 by the United Accreditation Foundation.
The company currently produces the following products for its customer base, which includes large corporates like Aromatic Rasayan Private Limited, JR Jindal Infraprojects Private Limited, and SC Formulator Co. Ltd:
- 2,4-D Acid 98% TC
- 2,4-D Sodium 95% SP
- 2,4-D Amine 866 | 720 | 480g/l SL
- 2,4-D Ethyl Hexyl Ester 96% TC
- 2,4-D Ethyl Ester 96% TC
- Chlorpyriphos 97%TC / 20%EC / 50%EC
- Thiamethoxam 96%TC / 25%WG / 75%SG
- Pretilachlor 95%TC / 50%EC / 37%EW
- Metribuzin 97%TC / 70%WS
- Hexaconazole 92%TC / 5%SC / 5%EC / 10%EC
- Metalaxyl 98%TC / 35%WS
As of October 31, 2023 the company employs 220 people in various departments.
Company Promoters
Archit Gupta, Arpit Gupta, Sarina Gupta and Rishita Gupta.IPO Details
IPO Opening Date | Jul 04, 2024 |
IPO Closing Date | Jul 08, 2024 |
Issue Type | Book Built Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹65 - 68 per equity share |
Market Lot | 2000 Shares |
Min Order Quantity | 2000 Shares |
Listing At | NSE SME |
Issue Size | ₹44.68 Cr |
Fresh Issue | ₹42.55 Cr |
Offer for Sale | ₹2.12 Cr |
Retail Portion | 35% |
IPO Subscription (Bidding Detail)
AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
---|---|---|---|---|---|---|
Day 1 | 0.41x | 0.00x | 0.00x | 19.86x | 28.80x | 18.66x |
Day 2 | 0.41x | 0.00x | 0.00x | 50.39x | 64.90x | 42.75x |
Day 3 | 61.90x | 0.00x | 0.00x | 324.22x | 195.06x | 173.18x |
IPO Tentative Timetable
The Ambey Laboratories Limited IPO open date is Jul 04, 2024, and the close date is Jul 08, 2024. The issue may list on Jul 11, 2024.
IPO Open Date | Jul 04, 2024 |
IPO Close Date | Jul 08, 2024 |
Basis of Allotment Date | Jul 09, 2024 |
Initiation of Refunds | Jul 10, 2024 |
Credit of Shares to Demat Account | Jul 10, 2024 |
IPO Listing Date | Jul 11, 2024 |
IPO Lot Size
The Ambey Laboratories Limited IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹136000).
Application | Lots | Shares | Amount (Cut-off) |
---|---|---|---|
Minimum | 1 | 2000 | ₹136000 |
Maximum | 1 | 2000 | ₹136000 |
IPO Promoter Holding
Pre Issue Share Holding | 94.97% |
Post Issue Share Holding | 69.90% |
Company Financials:
For the year/period ended (₹ in Lakhs)
Financial Year | Total Assets | Total Revenue | Profit After Tax |
---|---|---|---|
31-Mar-21 | 4461.80 | 8241.54 | 1033.67 |
31-Mar-22 | 5592.94 | 8511.19 | 357.47 |
31-Mar-23 | 5761.85 | 10743.47 | 456.93 |
31-Jan-24 | 8620.84 | 10043.69 | 607.73 |
Objects of the Issue:
The company intends to utilize the Net Proceeds for the following objects:
- To meet Working Capital Requirements
- General corporate purposes
- Issue related expenses
Ambey Laboratories Limited IPO Registrar:
Link Intime India Private Ltd
Ambey Laboratories Limited IPO Lead Manager(s):
Fast Track Finsec Pvt Ltd
Company Contact Information:
Ambey Laboratories Limited
Ground Floor, Property No.555 Tarla Mohalla,
Ghitorni, West Delhi
New Delhi, -110030