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Ambition Mica Ltd IPO (Ambition Mica IPO) Detail

June 23, 2015 - June 30, 2015

Ambition Mica IPO is a fixed price issue of Rs 4.30 crores.

Ambition Mica IPO bidding started from June 23, 2015 and ended on June 30, 2015. The shares got listed on BSE SME on July 14, 2015.

Ambition Mica IPO price is ₹40 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹120,000.

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

Refer to Ambition Mica IPO RHP for detailed information.

Ambition Mica IPO Details

IPO Date June 23, 2015 to June 30, 2015
Listing Date July 14, 2015
Face Value ₹10 per share
Price ₹40 per share
Lot Size 3000 Shares
Total Issue Size1,074,000 shares
(aggregating up to ₹4.30 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Ambition Mica IPO 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 ₹120,000
Retail (Max) 1 3000 ₹120,000
Lot Size Calculator

About Ambition Mica Ltd

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 IPO Objectives)

The object of the issue are to:

1. Working capital requirement;
2. General corporate purpose.

Ambition Mica IPO Review (May apply)

[Dilip Davda]  

If we annualized these earnings and attribute on expanded equity post issue then the issue is at a P/E of 9 plus and P/BV of 2 plus. Thus pricing appears to be reasonable.

On merchant banker’s front, this is eighth SME offer from it and its earlier mandates have given positive rewards to investors.

DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published here. As SME issues have entry barriers and low preference from broking community, any reader taking decisions based on any information published here does so entirely at own risk. Author has no plans to invest in this offer.

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Ambition Mica IPO Prospectus

Ambition Mica IPO Rating

Rating:Rated 3.7 stars
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Ambition Mica IPO Listing Details

Listing Date July 14, 2015
BSE Script Code 539223
NSE Symbol
ISIN INE563S01011
Final Issue Price ₹40 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Ambition Mica Ltd Contact Details

Ambition Mica Ltd
Shop No 10 Ground Floor,
Raghav Residenct Naroda,
Ahmedabad - 382330, Gujarat
Phone: +91-79-65417241

Ambition Mica IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Ambition Mica IPO - Buy or Not

Ambition Mica IPO Recommendation Summary

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Ambition Mica IPO FAQs

Ambition Mica IPO is a SME IPO of 1,074,000 equity shares of the face value of ₹10 aggregating up to ₹4.30 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000 Shares.

The IPO opens on June 23, 2015, and closes on June 30, 2015.

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

The Ambition Mica IPO opens on June 23, 2015 and closes on June 30, 2015.

Ambition Mica IPO lot size is 3000 Shares, and the minimum amount required is ₹120,000.

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

The Ambition Mica IPO listing date is on July 14, 2015.
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Ambition Mica IPO Message Board

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6. vijay sahajwani |   Link |  Bookmark |July 14, 2015 5:00:07 PM
Sir I have allotment of ambition mica l am waiting for price of 51 ,should I get that price in a weak?
5. vijay sahajwani |   Link |  Bookmark |July 11, 2015 7:54:18 PM
Sir I have applied for ambition mica,should I will get listing gain?
4. Peter Mark |   Link |  Bookmark |June 26, 2015 1:04:19 AM
Can anyone post latest subscription details of this IPO?
3. leo Khan |   Link |  Bookmark |June 24, 2015 12:28:22 PM
how does this work? is there any lock in period for SME IPO?
2. Ramesh Singhal |   Link |  Bookmark |June 24, 2015 12:06:37 PM
you can apply from anywhere in india,using online sbi platform
2.1. Parag Kanti |   Link |  Bookmark |June 25, 2015 1:18:08 AM
Hi Ramesh Singhal ji,
I checked with sbi online and they confirmed that they dont deal with this IPO. Can you tell me where else can I apply this
1. Parag Kanti |   Link |  Bookmark |June 24, 2015 2:06:22 AM
I would like to know how to apply for this and other SME IPOs in Bangalore. Please advise urgently
1.1. Ramesh Singhal |   Link |  Bookmark |June 29, 2015 12:33:04 PM
in e-services tab of,you will get Demat & ASBA link. Follow the directions to apply for IPO