Bookbuilding IPO | ₹22 Cr | Listing at BSE, NSE | Wed, Mar 28, 2007 - Thu, Apr 5, 2007
Ammana Bio IPO is a book build issue of ₹21.66 crores.
Ammana Bio IPO bidding started from Mar 28, 2007 and ended on Apr 5, 2007.
Ammana Bio IPO is set issue price band at ₹12 to ₹14 per share. The lot size for an application is 500 shares. The minimum amount of investment required by an individual investor (retail) is ₹7,000 (500 shares) (based on upper price). The lot size investment for sNII is 29 lots (14,500 shares), amounting to ₹2,03,000, and for bNII, it is 143 lots (71,500 shares), amounting to ₹10,01,000.
Centrum Capital Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Ammana Bio IPO RHP for detailed Information.
IPO Open
Wed, Mar 28, 2007
IPO Close
Thu, Apr 5, 2007
Price Band
₹12 to ₹14
Market Cap (Pre-IPO)
₹12.60 Cr
| IPO Date | 28 Mar to 5 Apr, 2007 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹12 to ₹14 |
| Lot Size | 500 Shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,54,71,571 shares (agg. up to ₹22 Cr) |
Investors can bid for a minimum of 500 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 500 | ₹7,000 |
| Retail (Max) | 28 | 14,000 | ₹1,96,000 |
| S-HNI (Min) | 29 | 14,500 | ₹2,03,000 |
| S-HNI (Max) | 142 | 71,000 | ₹9,94,000 |
| B-HNI (Min) | 143 | 71,500 | ₹10,01,000 |
Incorporated in 1994 as Mouli Creations (P) Ltd., Ammana Bio Pharma Limited is into manufacturing of Ethanol used by oil companies for blending along with petrol.
Ammana Bio manufactures three basic products:
1. Fuel Ethanol, popularly known as 'Gasohol',
2. Extra Neutral alcohol or potable alcohol and
3. Rectified Spirit by multifeed system including sweet sorghum as main basic raw material which provides many advantages over molasses including low cost of production.
ABPL manufactures ethanol through R.S., which contains 94.98% of alcohol and the balance portion as water. ABPL has adopted molecular sieve technology to remove extra water molecules from R.S. The strength of ethanol produced by ABPL is 99.8%.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of existing facilities at Chittor district, Andhra pradesh | 9.60 |
| 2 | Setting up of Sweet Sorghum Project at Chittor district, Andhra Pradesh | 10.02 |
| 3 | Meet issue expenses | 2.05 |
The Ammana Bio IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | - | - | - | |
Lead Manager Reports
Ammana Bio IPO is a main-board IPO of 1,54,71,571 equity shares of the face value of ₹10 aggregating up to ₹22 Crores. The issue is priced at ₹12 to ₹14. The minimum order quantity is 500.
The IPO opens on Wed, Mar 28, 2007, and closes on Thu, Apr 5, 2007.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Ammana Bio IPO using UPI as a payment gateway. Zerodha customers can apply in Ammana Bio IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ammana Bio IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ammana Bio IPO opens on Wed, Mar 28, 2007 and closes on Thu, Apr 5, 2007.
Ammana Bio IPO lot size is 500, and the minimum amount required for application is ₹7,000.
You can apply in Ammana Bio IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Ammana Bio IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Ammana Bio IPO allotment status.
The Ammana Bio IPO listing date is not yet announced. The tentative date of listing is .
