IPO Issue Details
Issue Price / Price Band₹40 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size10,74,000 shares (aggregating up to ₹4.30 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 23 Jun 2015
Subscription CloseTue, 30 Jun 2015
Anchor AllotmentMon, 22 Jun 2015
Basis of AllotmentMon, 06 Jul 2015
Initiation of RefundsTue, 07 Jul 2015
Credit of Shares to DematTue, 07 Jul 2015
Listing DateTue, 14 Jul 2015
UPI Mandate Deadline2015-06-30
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 3,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 6,000 shares
Net Offer to Public10,20,000 shares (aggregating up to ₹4.08 Cr)
Reserved for Market Maker54,000 shares (aggregating up to ₹0.2160 Cr)
Pre-IPO Promoter Holding29,00,000 shares
Post-IPO Promoter Holding39,74,000 shares
About Ambition Mica Ltd.
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.
Objects of the Issue
Ambition Mica Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Working Capital Requirement
3.50
2
2 General Corporate Purpose
0.38
Shareholding & Lock-in
Pre-IPO Promoter Holding
29,00,000 shares
Post-IPO Promoter Holding
39,74,000 shares