Ami Organics IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Ami Organics
- Important Details – Ami Organics
- Objects of the Issue
- Ami Organics Limited Financials:
- Ami Organics IPO Price – Details
- Ami Organics IPO DRHP & RHP
- Ami Organics IPO Lot Size
- Ami Organics IPO Lead Managers
- Ami Organics Registrar
- Ami Organics IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Corporate & Registered Office
- Company Promoters
- Ami Organics IPO – FAQS
About Ami Organics
Ami Organics Limited is the research and development (“R&D”) driven manufacturer of specialty chemicals with varied end usage, focussed towards the development and manufacturing of advanced pharmaceutical intermediates (“Pharma Intermediates”) for regulated and generic active pharmaceutical ingredients (“APIs”) and New Chemical Entities (“NCE”) and key starting material for agrochemical and fine chemicals, especially from the recent acquisition of the business of Gujarat Organics Limited (“GOL”)(“Acquisition”).
Ami Organics Limited is one of the major manufacturers of Pharma Intermediates for certain key APIs, including Dolutegravir, Trazodone, Entacapone, Nintedanib and Rivaroxaban. The Pharma Intermediates which we manufacture, find application in certain high-growth therapeutic areas including anti-retroviral, anti-inflammatory, anti-psychotic, anti-cancer, anti-Parkinson, anti-depressant and anti-coagulant, commanding significant market share both in India and globally
Ami Organics developed and commercialised over 450 Pharma Intermediates for APIs across 17 key therapeutic areas since inception and NCE, with a strong focus on R&D across select high-growth high margin therapeutic areas such as anti-retroviral, anti-inflammatory, anti-psychotic, anti-cancer, anti-Parkinson, anti-depressant and anticoagulant, for use across the global pharmaceutical market. The Pharma Intermediates used for manufacturing of APIs and NCEs portfolio has expanded from over 425 products as of March 31, 2019, to over 450 products as of March 31, 2021
Important Details – Ami Organics
| Date | Details |
|---|---|
| January 3, 2004 | The company was initially formed as a partnership firm under the Partnership Act, 1932 as “Ami Organics” at Surat, India. |
| June 12, 2007 | The firm converted into a private limited company under the name of “Ami Organics Private Limited” |
| April 18, 2018 | The company was converted into a public limited company, following which the company’s name was changed to “Ami Organics Limited” |
Objects of the Issue
1.Repayment/prepayment of certain financial facilities availed by our Company;
2.Funding working capital requirements of our Company; and
3.General corporate purposes.
Ami Organics Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in million) | ||
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 4,132.68 | 2,318.92 | 2,131.52 |
| Total income | 3,419.88 | 2,424.86 | 2,388.96 |
| Profit After Tax | 539.99 | 274.70 | 232.95 |
Ami Organics IPO Price – Details
| Description | Ami Organics IPO Details |
|---|---|
| Public Issue | Initial Public offer of [.] Equity Shares aggregating upto Rs.[.] million comprising a Fresh Issue of up to Rs. 2,000 million and an Offer for Sale of up to 6,059,600 equity shares |
| Issue Open Date | 01-Sep-21 |
| Issue Close Date | 03-Sep-21 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 603 – ₹ 610 |
| Face Value | ₹ 10 |
| Market Lot | 24 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 24 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE, BSE |
| NSE Symbol | AMIORG |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Ami Organics IPO DRHP & RHP
Ami Organics IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 24 | ₹ 14,640 |
| Maximum | 13 | 312 | ₹ 1,90,320 |
Ami Organics IPO Lead Managers
- Intensive Fiscal Services Private Limited
- Ambit Private Limited
- Axis Capital Limited
Ami Organics Registrar
Ami Organics IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 01-Sep-21 |
| Bid / Offer Closes on | 03-Sep-21 |
| Finalisation of Basis of Allotment | 08-Sep-21 |
| Initiation of refunds | 09-Sep-21 |
| Credit of the Equity Shares | 13-Sep-21 |
| Commencement of trading – Listing | 14-Sep-21 |
Company Peers – Comparison of Accounting Ratios
| Name of Company | Face Value | Total income, for Financial Year 2021 (in ₹ million) | NAV, as on March 31, 2021 (₹ per share) |
| Ami Organics Limited | 10 | 3,406.08 | 52.99 |
| Aarti Industries Ltd | 5 | 45,061.00 | 201.05 |
| Hikal Ltd | 2 | 17,204.40 | 75.70 |
| Valiant Organics Ltd | 10 | 7,548.08 | 184.97 |
| Vinati Organics Ltd | 1 | 9,542.58 | 150.16 |
| Neuland Laboratories Ltd | 10 | 9,369.13 | 612.99 |
| Atul Ltd | 10 | 37,314.70 | 1,293.31 |
Company Corporate & Registered Office
Plot No. 440/4, 5 & 6, Road No. 82/A,
GIDC Sachin, Surat – 394 230
Gujarat, India
Website: www.amiorganics.com
Company Promoters
- Nareshkumar Ramjibhai Patel,
- Chetankumar Chhaganlal Vaghasia,
- Shital Nareshbhai Patel and
- Parul Chetankumar Vaghasia
Ami Organics IPO – FAQS
What is the Ami Organics IPO Price?
The Ami Organics IPO price band is ₹ 603 – ₹ 610 per share
When Ami Organics IPO will open?
The Ami Organics IPO opens on Sep 01, 2021 and closes on Sep 03, 2021
What is the lot size of Ami Organics IPO?
The Ami Organics IPO lot size is 24 Equity Shares and the minimum order quantity is 24 Equity Shares
Who is the Registrar for Ami Organics IPO?
The Registrar for Ami Organics IPO is Link Intime India Private Limited
How to apply in Ami Organics IPO through UPI?
Check the step by step process here – Click here
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