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Ajooni Biotech Limited IPO (Ajooni Biotech IPO) Detail

December 20, 2017 - December 22, 2017

Ajooni Biotech IPO is a fixed price issue of Rs 6.59 crores.

Ajooni Biotech IPO bidding started from December 20, 2017 and ended on December 22, 2017. The shares got listed on NSE SME on January 2, 2018.

Ajooni Biotech IPO price is ₹30 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹120,000.

Navigant Corporate Advisors Ltd is the book running lead manager of the Ajooni Biotech IPO, while Cameo Corporate Services Limited is the registrar for the issue.

Refer to Ajooni Biotech IPO RHP for detailed information.

Ajooni Biotech IPO Details

IPO Date December 20, 2017 to December 22, 2017
Listing Date January 2, 2018
Face Value ₹10 per share
Price ₹30 per share
Lot Size 4000 Shares
Total Issue Size2,196,000 shares
(aggregating up to ₹6.59 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME

Ajooni Biotech IPO Reservation

Ajooni Biotech IPO offers 2,196,000 shares. 1,098,000 (50.00%) to NII, 1,098,000 (50.00%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered--
Other Shares Offered1,098,000 (50.00%)
Retail Shares Offered1,098,000 (50.00%)
Total Shares Offered2,196,000 (100%)

Ajooni Biotech IPO Lot Size

Investors can bid for a minimum of 4000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 4000 ₹120,000
Retail (Max) 1 4000 ₹120,000
Lot Size Calculator

About Ajooni Biotech Limited

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 IPO Objectives)

The objects of the issue are:
1. To part finance working capital requirements of the Company;
2. To meet General corporate purposes;
3. To meet the expenses of the Issue.

Ajooni Biotech IPO Review (May apply)

[Dilip Davda]  Being fully priced issue, cash surplus risk savvy investors may consider investment for long term. (Other). Read detail review...


Ajooni Biotech IPO Subscription Status (Bidding Detail)

The Ajooni Biotech IPO is subscribed times on December 22, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other
Retail
Total

Ajooni Biotech IPO Prospectus

Ajooni Biotech IPO Rating

136
3.9
Rating:Rated 3.9 stars
Vote Here ...

Ajooni Biotech IPO Listing Details

Listing Date January 2, 2018
BSE Script Code
NSE Symbol AJOONI
ISIN INE820Y01013
Final Issue Price ₹30 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹30.00
₹36.00
₹36.00
₹36.00
₹36.00

Check IPO Performance…

Ajooni Biotech Limited Contact Details

Ajooni Biotech Limited
D-118, Industrial Area,
Phase-7, Mohali,
Punjab � 160055
Phone: +0172-5020758-69
Email: info@ajoonibiotech.com
Website: http://www.ajoonibiotech.com

Ajooni Biotech IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://ipo.cameoindia.com/

Ajooni Biotech IPO - Buy or Not

Ajooni Biotech IPO Recommendation Summary

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Brokers 1 0 0
Members 0 0 0

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Ajooni Biotech IPO FAQs

Ajooni Biotech IPO is a SME IPO of 2,196,000 equity shares of the face value of ₹10 aggregating up to ₹6.59 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000 Shares.

The IPO opens on December 20, 2017, and closes on December 22, 2017.

Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Ajooni Biotech IPO opens on December 20, 2017 and closes on December 22, 2017.

Ajooni Biotech IPO lot size is 4000 Shares, and the minimum amount required is ₹120,000.

You can apply in Ajooni Biotech IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Ajooni Biotech IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Ajooni Biotech IPO allotment status.

The Ajooni Biotech IPO listing date is on January 2, 2018.
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Ajooni Biotech IPO Message Board

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170 Comments

91. DSR |   Link |  Bookmark |January 23, 2018 7:07:18 PM
I haven''t been allotted any shares in this IPO, however, I have been reading comments from fellow members about how they got caught up. I googled and found below information which might be useful for some:

The best way to sell a stock which is hitting continuous LC is by placing an order during the pre-open session. As soon as the pre-opening session is closed orders start executing.

If a particular stock hits the upper or lower circuits, trading is halted and you cannot place orders until the trading re-opens.

If you have pending orders with the broker at the time of circuit breakers, such orders can be modified or cancelled only once the trading re-opens.

Upper circuit: When there are only buyers and no sellers in the market for particular index or stock
Lower circuit: When there are only sellers and no buyers in the market for particular index or stock

When there is a lot of panic in particular stock, and you are sure that stock will hit LC, then it is advisable to place an AMO (After Market Order). AMO will ensure that your order placed as soon as market pre-open starts.
90. PSR |   Link |  Bookmark |January 12, 2018 1:21:50 PM
IPO Guru IPO Guru (1200+ Posts, 700+ Likes)
At 2.20 PM

QIB---------------------------- 26 times
HNI -------------------------- 81 times
Employees - --------------- 13 times
Retail(35%) - --------------- 29 times
Total - ------------------------ 39 times

Probably this may be first time that employees quota subscribed by more than 13 times.
89. High Flyer |   Link |  Bookmark |January 3, 2018 9:59:30 PM
According to me, Ajooni Biotech holding shares in Prism Medico (BSE Main frame) and very rare Company like Ajooni - Sector - Cattle Feeds manuf. company to get listed ...another 30 year old company KSE Ltd which trades at cmp Rs 2500/-. Ajooni has the value for Patanjali Agreement to lift the products for sales.
89.1. IpoMarketExpert |   Link |  Bookmark |January 5, 2018 7:51:17 AM
you pointed very well topic.
KSE is debtfree, growth company, old and proven brand in Kerala and TN.

KSE products are Cattle feed, Milk and Ice cream.

KSE pe is 20 at today 2600 rs. so it can climb to 4500 in future.

only problem is you can buy 1lac rs per day per account.
88. addy A |   Link |  Bookmark |January 4, 2018 8:36:43 AM
OMG...Hatrick...of 3 UC
88.1. kingsuper |   Link |  Bookmark |January 4, 2018 4:09:11 PM
You were ready to sell at 5 premium now with 3 uc also u r not satisfied..
88.2. addy A |   Link |  Bookmark |January 4, 2018 4:33:54 PM
Hello kingsuper bro..
I am fully satisfied with gain....
Anyways thanks for providing correct gmp.
87. Nair |   Link |  Bookmark |January 4, 2018 9:06:05 AM
Dear Experts, Kindly advise if it is worth to buy this share for a long terms, say about 1 year.

Regards,
Sunil Nair
86. IpoMarketExpert |   Link |  Bookmark |December 30, 2017 12:29:07 PM
Haven''t got any share
but if i can buy on 1st day then it would be good.
2017 year was very good food/dairy products. All companies are running 50+ PE

Ajooni atleast deserve 40 PE and that will make stock value 45 approx

Happy new year to all who got allotment and get 2/3 UC
86.6. addy A |   Link |  Bookmark |January 3, 2018 10:21:29 AM
Dear IPOmarketexpert sir,

I salute to your analysis.

May I know what is your target on Ajooni for 1 month & 1 year?
86.7. IpoMarketExpert |   Link |  Bookmark |January 3, 2018 5:30:37 PM
Hi Addy

This is bull market, everything will fly.
No doubt, Ajooni is well placed in business with good prospect and brand.

I need to look Q3 result and then we can find some more prediction like eqty size, eps, pe, growth etc...

till then i feel it will run between 40 to 65 in next few months..
85. Nair |   Link |  Bookmark |January 3, 2018 1:58:16 PM
I TRIED TO PURCHASE 500 SHARES BUT THE ORDER IS GETTING REJECTED. MAY I KNOW THE REASON PLEASE.... YOU CANT BUY BELOW 4000 SHARES ?
85.1. RBG |   Link |  Bookmark |January 3, 2018 2:15:23 PM
I too tried through Upstox and was shown an alert that the quantity can be either 4000 or in the multiple of 4000
So it is right that we cannot bid for less than 4000 shares. Now the next question is till when? Is this limit for certain days only?
84. Umang and his ultrasonic uproar |   Link |  Bookmark |January 2, 2018 6:21:11 PM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
Sell tommorow early, place your order at sharp 9:00 am. Just below UC( 1 rs below). Tommorow there won''t be U. C.
but intial surge will be there.
84.1. RBG |   Link |  Bookmark |January 3, 2018 10:32:55 AM
????????????
83. Inzane |   Link |  Bookmark |January 2, 2018 2:59:32 PM
Anybody Got Ajooni in Listing day ? I want to know how we can purchase these sme shares in the listing day, in what time.??
82. RAJAKUMAR |   Link |  Bookmark |January 2, 2018 2:54:47 PM (1400+ Posts, 1200+ Likes)
AT 3.50 PM
QIB AND HNI 5.38 TIMES
RETAIL 9.58 TIMES
TOTAL 7.08 TIMES
81. kingsuper |   Link |  Bookmark |December 30, 2017 11:21:27 PM
AJOONI BIOTECH LAST GMP 8/= PER SHARE BUYER


2 UC IS CONFIRM DONT SELL IN HURRY
81.3. addy A |   Link |  Bookmark |December 31, 2017 10:51:24 AM
OK. Bro
81.4. kingsuper |   Link |  Bookmark |January 2, 2018 1:36:35 PM
Hope adi u have sold your allotment in open mkt @ 6/= premium....
80. SATU |   Link |  Bookmark |January 2, 2018 12:42:35 PM
bhai log SEBI KO COMPLAIN KARO, SAB ALLOTMENT MAI GOL MAAL HAI
79. DownriteVJ |   Link |  Bookmark |January 2, 2018 9:39:41 AM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Listed @36. First UC
78. RBG |   Link |  Bookmark |January 2, 2018 8:58:16 AM
No one can sell today, that means I cannot buy it
77. kingsuper |   Link |  Bookmark |January 2, 2018 12:00:07 AM
AJOONI WILL LIST TOMMORW AT BUYER CUIRCUIT...HOLD TIGHTLY ...NEXT APEX ...
76. RBG |   Link |  Bookmark |January 1, 2018 2:51:07 PM
Listing at: NSE SME as per this site.

Will we be able to buy on NSE tomorrow at 10:00 am, assuming thats te listing time?
76.6. Vijay M Agrawal |   Link |  Bookmark |January 1, 2018 3:58:09 PM (300+ Posts)
THANKS FOR INFORMATION BUT WHERE IS LISTING DATE
76.7. addy A |   Link |  Bookmark |January 1, 2018 10:14:27 PM
As per NSE EMERGE web page and circular given:
Listing is on 02 Jan @ 9:15 am

https://www.nseindia.com/emerge/corporates/content/sme_forth_listing.htm
75. Vijay M Agrawal |   Link |  Bookmark |January 1, 2018 8:10:07 PM (300+ Posts)
LISTING IS ON TOMORROW 9.15 AM CONFIRM BEST OF LUCK TO ALL ALLOTEES
74. Inzane |   Link |  Bookmark |December 30, 2017 9:15:17 PM
Please tell me When Ajooni is Listing ?
74.1. kingsuper |   Link |  Bookmark |December 31, 2017 12:09:30 PM
TUESDAY...
73. kingsuper |   Link |  Bookmark |December 31, 2017 10:33:46 AM
THIS IS THE PROBLEM OF THIS FORUM IF ANYONE WRITES ANY PREMIUM SOME ONE WILL COME AND SAY BUY MY SHARES ...WITHOUT KNOWING EACH OTHER HOW ONE WILL BUY ...
72. Inzane |   Link |  Bookmark |December 30, 2017 9:14:30 PM
Please tell me When Ajooni is Listing ?