Ambo Agritec IPO subscription is to open on Nov 21, 2022 and will close on Nov 24, 2022, the price band of the Ambo Agritec IPO is fixed at ₹ 30. Ambo Agritec Limited is primarily engaged in the business of Manufacturing of Biscuits, outsourced manufacturing of Edible Oils, Vanaspati and Bengali Speciality Products
- About Ambo Agritec
- Objects of the Issue
- Ambo Agritec Limited Financials:
- Ambo Agritec IPO Price – Details
- Ambo Agritec IPO DRHP & RHP
- Ambo Agritec IPO Lot Size
- Ambo Agritec IPO Lead Managers
- Ambo Agritec IPO Registrar
- Ambo Agritec IPO Allotment Date, Listing Date and other Important Dates
- Company Registered Office
- Company Promoters
- Ambo Agritec IPO – FAQS
About Ambo Agritec
Ambo Agritec Limited is primarily engaged in the business of Manufacturing of Biscuits, outsourced manufacturing of Edible Oils, Vanaspati and Bengali Speciality Products (through third parties). In addition to this, the company is also engaged in trading of Crude Linseed Oil, Soyabean Meal. The company use raw material of premium quality sourced from reputed local suppliers for Biscuits and raw materials imported for Edible Oils & Vanaspati, which help us to ensure the quality of the products.
Ambo Agritec Operates in the following segments:
- Manufacturing of Biscuits (at the own factory)
- Outsourced Manufacturing of Edible Oil, Vanaspati, Bengali Speciality Products etc. (through third party)
- Trading of Crude Linseed Oil, Soyabean Meal etc.
Objects of the Issue
The Objects of the Issue are:
- To meet the working capital requirements
- To meet the Issue Expenses
- General Corporate Purposes
Ambo Agritec Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 2,553.75 | 2,212.42 | 2,113.76 |
| Total income | 9,485.54 | 4,717.31 | 7,428.14 |
| Total Expenses | 9,291.51 | 4,688.14 | 7,399.41 |
| Profit After Tax | 119.27 | 19.11 | 31.99 |
Ambo Agritec IPO Price – Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 34,00,000 Equity Shares of ₹ 10 (aggregating up to ₹ 1,020 lakhs). |
| Issue Open Date | 21-Nov-22 |
| Issue Close Date | 24-Nov-22 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 30 |
| Face Value | ₹ 10 |
| Market Lot | 4000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 4000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | AMBOAGRI |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Ambo Agritec IPO DRHP & RHP
Ambo Agritec IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 4000 | ₹ 1,20,000 |
| Maximum | 1 | 4000 | ₹ 1,20,000 |
Ambo Agritec IPO Lead Managers
- Finshore Management Services Limited
Ambo Agritec IPO Registrar
- Cameo Corporate Services Ltd
Ambo Agritec IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 21-Nov-22 |
| Bid / Offer Closes on | 24-Nov-22 |
| Finalisation of Basis of Allotment | 29-Nov-22 |
| Initiation of refunds | 30-Nov-22 |
| Credit of the Equity Shares | 01-Dec-22 |
| Listing Date | 02-Dec-22 |
Company Registered Office
3, Pretoria Street,
Chandrakunj Building,
2ndFloor, Kolkata – 700071,
West Bengal, India
Website: www.amboagritec.com
Company Promoters
- Mr. Umesh Kumar Agarwal
Ambo Agritec IPO – FAQS
What is the Ambo IPO Price?
The Ambo IPO price band is 30 per share
When Ambo IPO will open?
The Ambo IPO opens on Nov 21, 2022 and closes on Nov 24, 2022
What is the lot size of Ambo Agritec IPO?
The Ambo Agritec IPO lot size is 4000 Equity Shares and the minimum order quantity is 4000 Equity Shares
Who is the Registrar for Ambo Agritec IPO?
The Registrar for Ambo Agritec IPO is Cameo Corporate Services Ltd
How to apply in Ambo Agritec IPO through UPI?
Check the step by step process here – Click here
How to apply in Ambo Agritec IPO through Zerodha?
Check the step by step process here – Click here
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