Ammana Bio Pharma Limited IPO (Ammana Bio IPO) Detail

Mar 28, 2007 - Apr 5, 2007

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%.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and
1. Expansion of Existing Unit: To raise capital for financing expansion of existing Plant & machinery for production of Rectified Spirits to be integrated for zero discharge in order to comply with Pollution Control Board norms under primary/secondary treatment;
2. Setting-up of Sweet Sorghum Project.

Ammana Bio IPO Details

IPO DateMar 28, 2007 - Apr 5, 2007
Issue TypeBook Built Issue IPO
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹21.66 Cr)
Face Value₹10 Per Equity Share
IPO Price₹12 to ₹14 Per Equity Share
Market Lot500 Shares
Min Order Quantity500 Shares
Listing AtBSE, NSE

Ammana Bio IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum1500₹7,000
Maximum2814000₹196,000

Ammana Bio IPO Subscription Status (Bidding Detail)

Ammana Bio IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Employee

Others

Total

Shares Offered

-

-

-

-

-

-

Apr 5, 2007 17:00

0.00x

0.30x

0.37x

0.17x

Ammana Bio IPO Prospectus

Ammana Bio IPO Rating

43
3.1
Rating:Rated 3.1 stars

Vote Here ...

Ammana Bio IPO Reviews / Ratings

Sorry, we couldn't find any reviews, please check back later.

Company Contact Information

Ammana Bio Pharma Limited
Mouli Gram, Elkatur,
H/O MSVM Puram, Panchayath,
Nindra Mandalam, Chittoor Dist., AP, India

Phone: +91-8577-270669
Email: complianceofficer@ammanabio.com
Website: http://www.ammanabio.com

Ammana Bio IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Ammana Bio IPO FAQs

  1. 1. What is Ammana Bio IPO?

    Ammana Bio IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹21.66 Crores.

    The issue price of the IPO is ₹12 to ₹14 Per Equity Share. The minimum order quantity is 500 Shares per application and the offer type is Book Built Issue.

    The IPO opens on Mar 28, 2007 and closes on Apr 5, 2007.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. 2. When Ammana Bio IPO will open?

    The Ammana Bio IPO opens on Mar 28, 2007 and closes on Apr 5, 2007.

  3. 3. How to apply for Ammana Bio IPO?

    Ammana Bio IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Ammana Bio IPO allotment?

    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.

  5. 5. When is Ammana Bio IPO listing date?

    The Ammana Bio IPO listing date is not yet announced. The tentative date of Ammana Bio IPO listing is [.].
  6. 6. What is the lot size of Ammana Bio IPO?

    Ammana Bio IPO lot size is 500 Shares and the minimum order quantity is 500 Shares.

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Ammana Bio IPO Review / Comments

tanushri
28. tanushri  Jun 15, 2007 18:59
write to registrar or SEBI if you have not recieved the refund.
ankit
27. ankit  Jun 12, 2007 21:46
hi can u please when will i get the money back??? its already bin more than 2 months..
please guide
venkat
26. venkat  May 21, 2007 21:13
Hi,

How to get my money back, as issue is cancelled.

Plese help.
RaviG
25. RaviG  Apr 18, 2007 17:45
As very much expected the same result, this IPO is cancelled.
amitkumararora
24. amitkumararora  Apr 8, 2007 23:06
Is IPO ki vaat lag gayee------------

Very good decision by retail investors.
we should give the same reply to greedy promoters who either price their issues at very high prices or are from fundamentally weak compnies.
manish
23. manish  Apr 6, 2007 19:57
aviod this ipo.buy Lawreshwar IPO which is currently avialable at 11.it definately touch 19+
vinoth
22. vinoth  Apr 5, 2007 09:42
Yes
Defintely listing gain will be there
hari
21. hari  Apr 5, 2007 09:40
What is the listing price

shall we apply
GOVIND
20. GOVIND  Apr 4, 2007 23:06
bet on it. this ipo will be cancelled.
manish
19. manish  Apr 4, 2007 22:49
attn:tanushre....what happen to you??why put buy call on this ipo
Rohit Chaube
18. Rohit Chaube  Apr 3, 2007 23:22
Do not put your money in this. Not much past history of the company, don't get lured by the chap price. No stock firm or daily has recommended it. In this market, better not to play risk, even if you think u can put 7,000 just to take chance, don't do that.
Rest as always upto any one view.
Vikram
17. Vikram  Apr 1, 2007 21:36
Ammana Bio Pharma Ltd. Valuation - Anand Rathi Research

Company is operating in a sector, which is likely to receive favorable business climate for many years to come. However, company needs to prove its project execution skills & establish farmer sourcing network. At the Price band of Rs 12-14, issue is priced at 57x-67x its expected FY07 earnings, which is far more than the prevailing companies of similar size. Also, the significant dilution in promoter holdings post-issue is a cause of concern. Keeping these execution risks & high price in mind, we recommend our investors to AVOID the issue.
Asit
16. Asit  Mar 31, 2007 20:08
avoid these Ipo,not reputed group,taking advantage of Bio pharma group is changed company name and company is nothing to do in future,just enjoying themselves with our money.in short keep your self 100 killometer far from these Ipo
pravin
15. pravin  Mar 30, 2007 16:52
i dont think this will run for long time
BAPI ROY
14. BAPI ROY  Mar 30, 2007 00:05
Apply for long term. Investment should fetch 100% returns over a years time. BEST OF LUCK.
Kamal
13. Kamal  Mar 29, 2007 19:40
Mr. PJ
It has been the practice to fix the minimum subscription amount between Rs.5000 and Rs,7000 and thats why minimum order quantity is 500.
pj
12. pj  Mar 29, 2007 15:07
Market Lot: 500 Shares
»» Minimum Order Quantity: 500 Shares .... Why this type of lot? What is hidden behind this calculation? Can anyone explain this statistics?
tanushree
11. tanushree  Mar 28, 2007 18:47
good ipo.available at cheap rate.my recommendation apply
Kamal
10. Kamal  Mar 27, 2007 15:06
Following are excerpts from RH Prospectous
------------------------------------------
Current Book value(for face value Rs.10 share) is Rs.9.41.

Current Earnings per share is 0.122 (nearly 12 paise per Rs.10).

Commercial production started in March 2006.

Futuristic industry but with stiff competion.

Company has paid only 25% advance for purchase of machinery worth 2.50 crores. But not even placed orders for SweetSorghum project. This indicates that there may be delay in future projects and consequent delay in riping the benefits.

Skill manpower is not yet recruited. This will also delay the project.

The price of main raw material is suspectible to volatality. Any increase might decrease future profits and any decrease might increase the future profits.

The promoter company Ammana Equity Fund Private Limited did not have any operations for several years.

The company had negative cash flow till December 2006.

My Opinion
----------

Good for Long Term (3 to 5 years) and listing gains. The share, becasue it is offered at Rs.12 to Rs.14, depending upon the then market conditions, will get listed between Rs.18 and Rs.20. Then settle down around the issue price for quite some years and thereafter gradually increase based on the performance.
TSelvan
9. TSelvan  Mar 26, 2007 11:14
This got very good potential for growth.
Bio fuel is alreadt fully operational in some states of India. Givt is now promoting bio fuel based companies and get lot of benefits






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