HomeIPO SMEAmbo Agritec IPO Details

Ambo Agritec IPO Details

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Subscription StatusAllotment StatusListing Date

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

Ambo Agritec IPO

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:

  1. Manufacturing of Biscuits (at the own factory)
  2. Outsourced Manufacturing of Edible Oil, Vanaspati, Bengali Speciality Products etc. (through third party)
  3. 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:

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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

DescriptionIPO Details
Public IssueInitial Public Issue of upto 34,00,000 Equity Shares of ₹ 10 (aggregating up to ₹ 1,020 lakhs).
Issue Open  Date21-Nov-22
Issue Close Date24-Nov-22
Issue TypeBook 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 InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolAMBOAGRI
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Ambo Agritec IPO DRHP & RHP

Ambo Agritec IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum14000₹ 1,20,000
Maximum14000₹ 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

DetailsDate
Bid / Offer Opens on21-Nov-22
Bid / Offer Closes on24-Nov-22
Finalisation of Basis of Allotment29-Nov-22
Initiation of refunds 30-Nov-22
Credit of the Equity Shares01-Dec-22
Listing Date02-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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