IPO Issue Details
Issue Price / Price Band₹30 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size21,96,000 shares (aggregating up to ₹6.59 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 20 Dec 2017
Subscription CloseFri, 22 Dec 2017
Anchor AllotmentTue, 19 Dec 2017
Basis of AllotmentFri, 29 Dec 2017
Initiation of RefundsFri, 29 Dec 2017
Credit of Shares to DematSat, 30 Dec 2017
Listing DateTue, 02 Jan 2018
UPI Mandate Deadline2017-12-22
Application & Investment Details
Retail — Min (1 Lots)120000 — 4000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)240000 — 8000 shares
Net Offer to Public20,84,000 shares (aggregating up to ₹6.25 Cr)
Reserved for Market Maker1,12,000 shares (aggregating up to ₹0.3360 Cr)
Pre-IPO Promoter Holding36,59,024 shares
Post-IPO Promoter Holding58,55,024 shares
About Ajooni Biotech Ltd
Incorporated in 2010, Ajooni Biotech Limited is Mohali, Punjab based company engaged in manufacturing, producing, processing and supplying of Cattle feed, Nutrients related to cattle feed and manufacturing & production of Animal health care supplements. Ajooni Biotech have entered into an Agreement with Patanjali for manufacturing of Cattle feed and Distribution of Cattle feed and feed supplements in under brand name Patanjali in the states of Punjab, Himachal Pradesh, some parts of Jammu & Kashmir, Haryana and Rajasthan. Ajooni Biotech is manufacturer and supplier of Patanjali Samvriddhi, Patanjali Garbhanjali, Patanjali Batisa-pro etc brands. Company also manufacture cattle feed & supplement under own brand name of "AUTUS Animal Healthcare".
Objects of the Issue
Ajooni Biotech Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
To part finance working capital requirements of the Company
4.99
2
General corporate purposes
1.16
Shareholding & Lock-in
Pre-IPO Promoter Holding
36,59,024 shares
Post-IPO Promoter Holding
58,55,024 shares