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Ambition Mica Limited FPO (Ambition Mica FPO) Detail

November 16, 2017 - November 21, 2017

Ambition Mica FPO is a book built issue of Rs 12.60 crores.

Ambition Mica FPO bidding started from November 16, 2017 and ended on November 21, 2017. The shares got listed on BSE SME on November 29, 2017.

Ambition Mica FPO price band is set at ₹40 to ₹42 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹126,000.

Pantomath Capital Advisors Pvt Ltd is the book running lead manager of the Ambition Mica FPO, while Kfin Technologies Limited is the registrar for the issue.

Ambition Mica FPO Details

IPO Date November 16, 2017 to November 21, 2017
Listing Date November 29, 2017
Face Value ₹10 per share
Price Band ₹40 to ₹42 per share
Lot Size 3000 Shares
Total Issue Size3,000,000 shares
(aggregating up to ₹12.60 Cr)
Issue Type Book Built Issue FPO
Listing At BSE SME

Ambition Mica FPO Lot Size

Investors can bid for a minimum of 3000 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 3000 ₹126,000
Retail (Max) 1 3000 ₹126,000
Lot Size Calculator

About Ambition Mica Limited

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 FPO Objectives)

The object of the issue are to:

1. Funding the working capital requirements;
2. General Corporate Purpose.

Ambition Mica FPO Review (Apply)

[Dilip Davda]  Although issue is priced aggressively on the basis of its performances, its faring on bourses makes it an appealing investment. Investment may be considered for medium to long term. (Subscribe). Read detail review...

Ambition Mica FPO Prospectus

Ambition Mica FPO Rating

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Rating:Rated 4.0 stars
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Ambition Mica FPO Listing Details

Listing Date November 29, 2017
BSE Script Code 539223
NSE Symbol
ISIN INE563S01011
Final Issue Price ₹42 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹42.00
₹42.05
₹42.00
₹44.45
₹43.15

Check IPO Performance…

Ambition Mica Limited Contact Details

Ambition Mica Limited
Shop No 10 Ground Floor,
Raghav Residenct Naroda,
Ahmedabad - 382330
Phone: +91-79-65417241
Email: investors@ambitionmica.com
Website: http://www.ambitionmica.com

Ambition Mica FPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: investors@ambitionmica.com
Website: https://kosmic.kfintech.com/ipostatus/

Ambition Mica FPO - Buy or Not

Ambition Mica FPO Recommendation Summary

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Members 0 0 0

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Ambition Mica FPO FAQs

Ambition Mica FPO is a SME FPO of 3,000,000 equity shares of the face value of ₹10 aggregating up to ₹12.60 Crores. The issue is priced at ₹40 to ₹42 per share. The minimum order quantity is 3000 Shares.

The FPO opens on November 16, 2017, and closes on November 21, 2017.

Kfin Technologies Limited is the registrar for the FPO. The shares are proposed to be listed on BSE SME.

The Ambition Mica FPO opens on November 16, 2017 and closes on November 21, 2017.

Ambition Mica FPO lot size is 3000 Shares, and the minimum amount required is ₹126,000.

You can apply in Ambition Mica FPO 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 Ambition Mica FPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Ambition Mica FPO allotment status.

The Ambition Mica FPO listing date is on November 29, 2017.
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Ambition Mica FPO Message Board

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36 Comments

29. BHARAT MITTAL |   Link |  Bookmark |January 19, 2018 2:46:44 PM
SBI WALE DE DEBIT HUE KYA PAISE KISI KE
28. Thirsty Crow |   Link |  Bookmark |December 17, 2017 8:17:06 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
@Admin... IPO Review/Details on Ajooni Biotech Ltd. ???
27. Jasbir Ahluwalia |   Link |  Bookmark |December 10, 2017 4:01:46 PM
Sir;
On the recommandation from Bank official applied for subject IPO and applied for it.Got allotment but find not as intimated by official.Please suggest whether retaing will fetch somethindg or you recommand to dispose at cost.If to retain ;for how long.
Jasbir

26. Rinku Charan |   Link |  Bookmark |December 6, 2017 5:09:01 PM
allotment is OUt NOW
25. Rinku Charan |   Link |  Bookmark |December 1, 2017 11:39:39 AM
allotment is Out
25.1. Rinku Charan |   Link |  Bookmark |December 1, 2017 1:46:46 PM
ignore ..wrong post here
24. IPOADVICE |   Link |  Bookmark |November 29, 2017 3:55:16 PM
HELLO EVERYBODY I DIDNT GET MY SHARE ON MY DEMETE WHAT I HAVE TO DO?ANYBODY HAVE SAME ISSUE
23. harshad kantilal dave |   Link |  Bookmark |November 29, 2017 8:07:21 AM
today 3000 share credited in my account.now i can sell the shares?
22. Kasundra |   Link |  Bookmark |November 28, 2017 6:17:27 PM
When it will be listing?? Let me know frds..
21. DARJI KARN |   Link |  Bookmark |November 28, 2017 4:53:42 PM
What to do in this ipo??
Any chance of upper band circuit in next trading sessions??
20. harshad kantilal dave |   Link |  Bookmark |November 28, 2017 1:08:28 PM
i have alloted 3000 share but not credited in account
19. harshad kantilal dave |   Link |  Bookmark |November 28, 2017 1:07:44 PM
yes i have alloted 3000 share but still not credited in demat account.
when it will be credited ?
18. Vijay M Agrawal |   Link |  Bookmark |November 28, 2017 12:02:45 PM (300+ Posts)
ALREADY LISTED IN BSE. THIS WAS A FPO NOT IPO
17. Ketan P Mehta |   Link |  Bookmark |November 26, 2017 9:58:32 PM
Ambition Mica Any person allotment or refund....pls. say....
17.1. Kasundra |   Link |  Bookmark |November 27, 2017 8:11:40 AM
I have allotted 3000 share.. what is gmp??
17.2. IPOADVICE |   Link |  Bookmark |November 27, 2017 5:26:07 PM
yes i got 1/1
16. Kasundra |   Link |  Bookmark |November 25, 2017 12:56:02 PM
When is allotment??
15. IPObooster |   Link |  Bookmark |November 22, 2017 1:10:21 PM
Interesting that only Ahmedabad, Gujrat compnay SME on fire this days .......!!! Jai Ho !!
14. Chota Rajan |   Link |  Bookmark |November 18, 2017 7:07:50 PM
Can''t understand.
When this company is already listed, then what''s the meaning of listing date?
Can''t we sell them as soon as it enters our dp?
14.1. Sunder |   Link |  Bookmark |November 21, 2017 6:20:18 PM
There is a process of approching of SEBI and giving the details of allotment done in FPO and then only the shares will be admitted for trading. This is normal for all equity issue (mainline and SME).
After allotment process is done, the company would approach the regulator with details of allotment in FPO and seek the listing. Then it could be traded on par with old shares.
13. SDK |   Link |  Bookmark |November 21, 2017 9:29:31 AM
This stock is available for Rs. 43 today. Buy it from open market instead of applying through ipo. because ipo you might not get allotment.
Correct me if my understanding is wrong.
13.1. SrinivasaIPO |   Link |  Bookmark |November 21, 2017 1:00:53 PM
Hi, Open market it is 44 or 43, however it is less in FPO price.
12. SrinivasaIPO |   Link |  Bookmark |November 21, 2017 1:00:08 PM
I am planning to take 3000 shares from this IPO, will it be a good option ?

avg share value from FPO is 42 but in market 44 is there.
11. Thiagarajan Ramasamy |   Link |  Bookmark |November 21, 2017 10:50:23 AM
Top Contributor Top Contributor (600+ Posts, 200+ Likes)
Ambition Mica. Initial IPO in 2015 @ 40/-. 1:1 Bonus in 2016 and 1:2 Bonus in 2017. So cost of Original Allottees is 13.33 per share against FPO price of 40 to 42. Issue appear aggressively priced.
10. KK IPO INVESTER |   Link |  Bookmark |November 18, 2017 9:44:06 AM
Sir ADVICE any SME IPO APP WHO SHOW SME IPO LIVE PRICE
Like money control for bar SME
ANY APP FOR SME STOCK FOR WATCHING LIVE SME PRICE
PLZZ ADVICE IT
10.1. Vivek SP |   Link |  Bookmark |November 20, 2017 3:08:59 PM
IDBI Direct