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 Size34,00,000 shares (aggregating up to ₹10.20 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 21 Nov 2022
Subscription CloseThu, 24 Nov 2022
Anchor AllotmentSun, 20 Nov 2022
Basis of AllotmentTue, 29 Nov 2022
Initiation of RefundsWed, 30 Nov 2022
Credit of Shares to DematThu, 01 Dec 2022
Listing DateFri, 02 Dec 2022
UPI Mandate Deadline2022-11-24
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 4,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 8,000 shares
P/E Ratio (Pre-IPO)14.22x
Net Offer to Public32,28,000 shares (aggregating up to ₹9.68 Cr)
Reserved for Market Maker1,72,000 shares (aggregating up to ₹0.5160 Cr)
Pre-IPO Promoter Holding59,95,160 shares
Post-IPO Promoter Holding93,95,160 shares
About AMBO Agritec Ltd.
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: Manufacturing of Biscuits Outsourced Manufacturing of Edible Oil, Vanaspati, Bengali Speciality Products, etc. (through a third party) Trading of Crude Linseed Oil, Soyabean Meal, etc.
Objects of the Issue
AMBO Agritec Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To meet the working capital requirements
8.96
2
2 General Corporate Purposes
0.75
Shareholding & Lock-in
Pre-IPO Promoter Holding
59,95,160 shares
Post-IPO Promoter Holding
93,95,160 shares