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AMBO Agritec IPO is a fixed price issue of Rs 10.20 crores. The issue is entirely a fresh issue of 34 lakh shares.
AMBO Agritec IPO bidding started from November 21, 2022 and ended on November 24, 2022. The allotment for AMBO Agritec IPO was finalized on Tuesday, November 29, 2022. The shares got listed on BSE SME on December 2, 2022.
AMBO Agritec 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. The minimum lot size investment for HNI is 2 lots (8,000 shares) amounting to ₹240,000.
Finshore Management Services Limited is the book running lead manager of the AMBO Agritec IPO, while Cameo Corporate Services Limited is the registrar for the issue. The market maker for AMBO Agritec IPO is Nikunj Stock Brokers.
Refer to AMBO Agritec IPO RHP for detailed information.
| IPO Date | November 21, 2022 to November 24, 2022 |
| Listing Date | December 2, 2022 |
| Face Value | ₹10 per share |
| Price | ₹30 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 3,400,000 shares (aggregating up to ₹10.20 Cr) |
| Fresh Issue | 3,400,000 shares (aggregating up to ₹10.20 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 172,000 shares Nikunj Stock Brokers |
AMBO Agritec IPO offers 3,400,000 shares. 1,614,000 (47.47%) to NII, 1,614,000 (47.47%) to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 172,000 (5.06%) |
| Other Shares Offered | 1,614,000 (47.47%) |
| Retail Shares Offered | 1,614,000 (47.47%) |
| Total Shares Offered | 3,400,000 (100%) |
AMBO Agritec IPO opens on November 21, 2022, and closes on November 24, 2022.
| IPO Open Date | Monday, November 21, 2022 |
| IPO Close Date | Thursday, November 24, 2022 |
| Basis of Allotment | Tuesday, November 29, 2022 |
| Initiation of Refunds | Wednesday, November 30, 2022 |
| Credit of Shares to Demat | Thursday, December 1, 2022 |
| Listing Date | Friday, December 2, 2022 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 24, 2022 |
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 |
| HNI (Min) | 2 | 8,000 | ₹240,000 |
| Lot Size Calculator | |||
Mr. Umesh Kumar Agarwal is the promoter of the company.
| Share Holding Pre Issue | 94.96% |
| Share Holding Post Issue | 60.60% |
Incorporated in 1994, Ambo Agritec Limited is a Kolkata-based company engaged in manufacturing Biscuits and outsourced manufacturing of Edible Oils, Vanaspati, Bengali Speciality Products, trading of Crude Linseed Oil, and Soyabean Meal.
Ambo Agritec products are sold under the brand names 'Happy Bites' for Biscuits, 'Happy Heart' for Edible Oil, 'Ambo Gold' & 'Vanaspati 2000' for Vanaspati, and 'Max Health' for Bengali Speciality Products.
The company operates in three segments:
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 2113.76 | 7428.14 | 31.99 | 232.44 | 57.68 | 242.56 |
| 31-Mar-21 | 2212.42 | 4717.31 | 19.11 | 251.55 | 76.79 | 381.03 |
| 31-Mar-22 | 2553.75 | 9485.54 | 119.27 | 370.82 | 196.06 | 406.8 |
| 30-Jun-22 | 2629.73 | 1621.39 | 49.58 | 420.4 | 245.64 | 379.01 |
| Amount in ₹ Lakhs | ||||||
The market capitalization of AMBO Agritec IPO is Rs 28.19 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 14.22 |
The Objects of the Issue are:
[Dilip Davda] AAL is in a highly competitive, fragmented business with many established big players. Based on its financial performance so far, the issue appears fully priced. Well-informed, cash surplus risk seekers may consider an investment with a long-term perspective. Read detail review...
The AMBO Agritec IPO is subscribed 336.75 times on November 24, 2022 6:56:00 PM. The public issue subscribed 350.00 times in the retail category, times in the QIB category, and 323.51 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 323.51 |
| Retail | 350.00 |
| Total | 336.75 |
| Listing Date | December 2, 2022 |
| BSE Script Code | 543678 |
| NSE Symbol | |
| ISIN | INE0N6V01016 |
| Final Issue Price | ₹30 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹30.00 |
| ₹40.10 |
| ₹39.30 |
| ₹42.10 |
| ₹42.10 |
AMBO Agritec Ltd
3, Pretoria Street, Chandrakunj Building,
2nd Floor, Kolkata – 700071
Phone: +91 98310 74747
Email: cs@amboagritec.com
Website: http://www.amboagritec.com/
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
SME Company Owners
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Check our SME IPO Guide 
AMBO Agritec IPO is a SME IPO of 3,400,000 equity shares of the face value of ₹10 aggregating up to ₹10.20 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000 Shares.
The IPO opens on November 21, 2022, and closes on November 24, 2022.
Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in AMBO Agritec IPO using UPI as a payment gateway. Zerodha customers can apply in AMBO Agritec IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in AMBO Agritec IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The AMBO Agritec IPO opens on November 21, 2022 and closes on November 24, 2022.
AMBO Agritec IPO lot size is 4000 Shares, and the minimum amount required is ₹120,000.
You can apply in AMBO Agritec 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 AMBO Agritec IPO will be done on Tuesday, November 29, 2022, and the allotted shares will be credited to your demat account by Thursday, December 1, 2022. Check the AMBO Agritec IPO allotment status.
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