Ami Organics IPO Details

Ami Organics IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

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

DateDetails
January 3, 2004The company was initially formed as a partnership firm under the Partnership Act, 1932 as “Ami Organics” at Surat, India.
June 12, 2007The firm converted into a private limited company under the name of “Ami Organics Private Limited”
April 18, 2018The 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 IssueInitial 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  Date01-Sep-21
Issue Close Date03-Sep-21
Issue TypeBook 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 InvestorRs. 2,00,000
Listing NSE, BSE
NSE SymbolAMIORG
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Ami Organics IPO DRHP & RHP

Ami Organics IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum124₹ 14,640
Maximum13312₹ 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

DetailsDate
Bid / Offer Opens on01-Sep-21
Bid / Offer Closes on03-Sep-21
Finalisation of Basis of Allotment08-Sep-21
Initiation of refunds 09-Sep-21
Credit of the Equity Shares13-Sep-21
Commencement of trading – Listing14-Sep-21

Company Peers – Comparison of Accounting Ratios

Name of CompanyFace Value Total income, for Financial Year 2021
(in ₹ million)
NAV, as on March 31, 2021
(₹ per share)
Ami Organics Limited103,406.0852.99
Aarti Industries Ltd545,061.00201.05
Hikal Ltd 217,204.4075.70
Valiant Organics Ltd 107,548.08184.97
Vinati Organics Ltd19,542.58150.16
Neuland Laboratories Ltd109,369.13612.99
Atul Ltd1037,314.701,293.31

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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