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AMBO Agritec Limited IPO Date, Price, Review and Details

 
 
 

AMBO Agritec Limited IPO

 

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AMBO Agritec Limited IPO

AMBO Agritec Limited was established in the year 1994 as the name ‘Sunny Biscuits Bakery and Confectionery Private Limited’. Their state-of-the-art manufacturing plant for biscuits is situated at Mangalpur Industrial Estate, Raniganj in West Bengal, India. Their manufacturing facility is well equipped with machineries and other handling equipment to facilitate smooth and good quality manufacturing process. This company’s products are marketed under their own brand names “Happy Bites” for Biscuits, “Happy Heart” for Edible Oil, “Ambo Gold” & “Vanaspati 2000” for Vanaspati and “Max Health” for Bengali Speciality Products.

Ambo Agritec Limited is primarily engaged in the business of Manufacturing of Biscuits, outsourced manufacturing of Edible Oils, Vanaspati and Bengali Specialty Products (through third parties). Apart from this, the company is also engaged in trading of Crude Linseed Oil, Soyabean Meal. They use raw material of premium quality sourced from reputed local suppliers for Biscuits and raw materials imported for Edible Oils & Vanaspati, which help them to ensure the quality of their products.

Company Promoters:
• Mr. Umesh Kumar Agarwal

Objects of this Issue:
• To meet the working capital requirements.
• To meet the issue expenses.
• General Corporate Purposes.

Financial Information of the Company:

 Particulars

Amount in Lakhs (Rs.)

As on 31 Mar 2022

As on 31 Mar 2021

As on 31 Mar 2020

Total Assets

2,553.75

2,212.43

2,113.76

Total Liabilities

2,182.93

1,960.87

1,881.32

Net Profit

119.27

19.11

31.99

The offer:

Particulars

Shares Available for allotment

Issue Reserved for the Market maker

Up to 1,72,000 Equity Shares

 

Net Issue to the Public

Allocation to Retail Investors of up to ₹2 Lacs

16,16,000 Equity Shares

Allocation to other Investors of above ₹2 Lacs

16,12,000 Equity Shares

Net offer size

Up to 34,00,000 Equity Shares

AMBO Agritec Limited IPO Details

Issue Open

21 Nov 2022

Issue Close

24 Nov 2022

IPO Price

₹30 per equity share

Face Value

₹10 per equity share

IPO Size

₹10.20 Cr.

Listing At

BSE SME

IPO Lot Size

4000 Shares

AMBO Agritec Limited IPO Promoter Holdings:

Pre-Issue Share Holding

94.96%

Post-Issue Share Holding

60.60%

AMBO Agritec Limited IPO Schedule
1. Bid or Offer Opens on: 21 Nov 2022
2. Bid or Offer Closes on: 24 Nov 2022
3. Finalization of BoA: 29 Nov 2022
4. Initiation of Refunds: 30 Nov 2022
5. Credit of shares to Demat account: 01 Dec 2022
6. Listing Date: 02 Dec 2022

AMBO Agritec Limited IPO Lot Size
Market lot size of the AMBO Agritec Limited IPO is 4000 shares. Minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

4000

₹1,20,000

Maximum

1

4000

₹1,20,000

Company Contact Details:
AMBO Agritec Limited
3, Pretoria Street, Chandrakunj Building,
2nd Floor, Kolkata – 700071.

Phone: +91 98310 74747
Email: cs@amboagritec.com
Website: http://www.amboagritec.com/

AMBO Agritec Limited IPO Registrar Details:
Cameo Corporate Services Limited
"Subramanian Building", #1, Club House Road,
Chennai - 600 002, India.

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

Frequently Asked Question

Face value of AMBO Agritec IPO is ₹10 per share.
IPO application is an online process by using UPI or ASBA as payment method. ASBA IPO application is already available in the net banking of your respective bank account and UPI application is offered by your Stock broker, you can invest in AMBO Agritec IPO using any one of these method as per your convenience.
Per share price of AMBO Agritec IPO is ₹30.
Lot size of the AMBO Agritec IPO is 4000 shares.
Post-issue shareholding of the AMBO Agritec IPO promoter is 60.60%.
If you do not get the allotment of AMBO Agritec IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Closing date of AMBO Agritec IPO is Nov 24, 2022.
Minimum and maximum order quantity is 1 lot only.
AMBO Agritec Shares will get listed at BSE SME.
Opening date of AMBO Agritec IPO is Nov 21, 2022.
If allotted, you will receive AMBO Agritec IPO shares in your demat account on Dec 01, 2022.
Pre-issue shareholding of the AMBO Agritec IPO promoter is 94.96%.
AMBO Agritec IPO shares will get listed on Dec 02, 2022.