Ambey Laboratories Limited IPO is set to launch on 4 July, 2024. The company initiated its business operations in the year 1985. It manufactures agrochemical products for crop protection. The company supplies and manufactures 2,4 -D base chemicals. Its manufacturing plant is located in Rajasthan. The company’s client list includes JR Jindal Infraprojects Private Limited, Aromatic Rasayan Limited and SC Formulator Co. Limited. It has an employee base of 220 people.
Ambey Laboratories Limited IPO : Key Details
Ambey Laboratories Limited IPO is set to launch on 4 July, 2024. The subscription timeline extends till 8 July, 2024. The size for the IPO is Rs. 44.68 Crore. The IPO offers fresh issues worth Rs 42.55 Crore. Shares offered through offer for sale are worth Rs 2.12 Crore. The lot size is 2000 shares and the price is Rs. 65 to Rs 68 per share. The company is going to get listed at NSE SME Board. The face value per share is Rs.10 and this is a Book Built Issue. The registrar for the company is Link Intime India Private Limited..
Tabular Description of Ambey Laboratories Limited IPO
| IPO OPENING DATE | 4 July, 2024 |
| CLOSING DATE FOR IPO | 8 July, 2024 |
| ISSUE TYPE | Book Built Issue |
| Face Value per share | Rs. 10 per share |
| IPO price band | Rs. 65 to Rs 68 per share |
| LOT SIZE | 2000 shares |
| MINIMUM ORDER QUANTITY | 2000 shares |
| ISSUE SIZE | Rs. 44.68 Crore |
| OFFER FOR SALE | Rs 2.12 Crore |
| FRESH ISSUE | Rs. 42.55 Crore |
| LISTING AT | NSE SME Board |
| LISTING DATE | 11 July, 2024 |
Ambey Laboratories Limited IPO: IMPORTANT DATES
| IPO OPENING DATE | 4 July, 2024 |
| CLOSING DATE FOR IPO | 8 July, 2024 |
| IPO ALLOTMENT DATE | 9 July, 2024 |
| REFUNDS | 10 July, 2024 |
| DEMAT A/C CREDITED ON | 10 July, 2024 |
| IPO LISTING DATE | 11 July, 2024 |
Ambey Laboratories Limited IPO begins for subscription from 4 July, 2024. The IPO subscription would continue till 8 July, 2024. The allotment status for the shareholders who applied would come on 9 July, 2024. The refunds for the ones who did not get allotment would be initiated on 10 July, 2024. The DEMAT accounts of shareholders would be credited on 10 July, 2024. The listing of the company would be completed on 11 July, 2024.
Ambey Laboratories Limited IPO: Lead Managers
The lead managers are :
- Fast Track Finsec Private Limited
The minimum and maximum lot size for retail investors is 2000 shares, amounting to Rs. 136000. The minimum lot size for HNI is 4000 shares, amounting to Rs. 272000.
| Lots | Shares | Amount | |
| Retail (Minimum) | 1 | 2000 shares | Rs.136000 |
| Retail (Maximum) | 1 | 2000 shares | Rs.136000 |
| HNI (Minimum) | 2 | 4000 shares | Rs.272000 |
OBJECTIVES FOR THE IPO
- To meet the working capital requirements of the company
- To meet the capital expenditure of the company
- General Corporate Expenses
COMPANY FINANCIALS
| Particularly (in Rs. Lakhs) | 2020-21 | 2021-22 | 2022-23 | |
| Asset | 4461 | 5592 | 5761 | |
| Revenue | 8241 | 8511 | 10743 | |
| PAT | 1033 | 357 | 456.9 |
Ambey Laboratories Limited had an asset base of 4461 Lakh Rs in 2021. This increased to 5592 Lakh Rs in 2022. The asset base of the company was at 5761 Lakh Rs in the year 2023. The revenue of the firm was at 8241 Lakh Rs in the year 2021. The revenue of the firm was 8511 Lakh Rs in the year 2022.
Revenue of the firm boosted to 10743 Lakh Rs in the year 2023. The profit of the firm was 1033 Lakh Rs in the year 2021. The profit decreased in the year 2022 at 357 Lakh Rs. Profit of the firm then again increased to 456.9 Lakh Rs in the year 2023.
PROS
- The company supplies and manufactures 2,4 -D base chemicals. Its manufacturing plant is located in Rajasthan.
- The company’s client list includes JR Jindal Infraprojects Private Limited, Aromatic Rasayan Limited and SC Formulator Co. Limited. It has an employee base of 220 people.
Ambey Laboratories Limited IPO Application Process with Zerodha
It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :
- Logging into Zerodha console through its website or KITE platform. Clicking the IPO section present in the ORDER tab.
- Click the Ambey Laboratories Limited IPO button and press the BID button.
- Entering the details asked for like UPI ID, Quantity and price.
- Submit the application form for the IPO.
- Visiting the application of UPI for approving the transaction.
Now, applying for an IPO online is possible with most of the Discount and online brokers.
