July 11, 2024
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Ambey Laboratories IPO GMP Guidance & Subscription Status at Chanakyanipothi.com,
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Table of Contents
Ambey Laboratories IPO Post Listing Review
On July 11th, 2024, the shares of Ambe Laboratories are listed at Rs. 85, a 25% premium over the issue price. The listing has been below the expectations of the grey market
What was the last GMP of Ambey Laboratories IPO?
GMP Rs. 28
Subscription status of Ambey Laboratories IPO
Ambey Laboratories Subscription (Closed )Price Rs. 68 Lot 2000 shares, Rs.44.55 Crore |
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| QIB | NII X | RII X | Total X | Applications |
| 61.90 | 324.02 | 194.18 | 172.67 | 2,12,044 / (194.18x) |
| Bids of Rs. 7692.45 Crore received | ||||
| Note: | ||||
What is the business of Ambey Laboratories?
Ambey Laboratories is engaged in the business of manufacturing of agrochemical products for the
protecting of crops and it’s been almost four decades the company serving the agrochemical sector. The
Company is manufacturer and supplier of “2, 4-D base chemicals” with highest quality practice and
compliant with Highest Environmental, Health, and Safety (EHS) in chemical industry. The company has
Programmable Logic Controller (PLC) and Supervisory Control along with Quality Assurance Department which ensurestesting through HPLC, GC, UV etc. at every stage of production at its manufacturing facility installed, integrated and operating at 5 Acres Facility in the region of Behror, Rajasthan, India for
manufacturing of “2, 4-D base chemicals”.
Its manufacturing Facility located in Behror, Rajasthan, has been certified with ISO 9001:2015 from
Quality Research Organization and ISO 14001:2015 from United Accreditation Foundation, a member of International Accreditation forum to maintain highest quality, environmental and safety practices
Due to backward integration of its products, the plant is ZLD (Zero Liquid Discharge) to ensure minimum emissions and waste generation. It explores downstream products from its core intermediaries to meet and exceed customer expectations and operation ensures organized inflow state of the art manufacturing and supply sustainability to its valued customers.
Get more information about the company @ http://www.ambeylab.com/
Ambey Laboratories IPO Details |
|
| IPO opens on | 4 July 2024 |
| IPO closes on | 8 July 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 6864000 Shares / Rs 46.68 Crore |
| * Fresh Issue | 6552000 Shares / Rs 44.55 Crore |
| * Offer for Sale | 312000 Shares / Rs 2.12 Crore |
| Market Maker Portion | 312000 Shares |
| Net offer to Public | 6552000 Shares/ Rs.44.55 Crore |
| Face Value per share | Rs. 10 |
| Price Band | Rs.65-68 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 2000 Shares |
| Listing will at | NSE SME |
| Shares offered in Ambey Laboratories IPO | ||
| Shares | Rs. (Crore) | |
| QIB (50%) | 3276000 | 22.28 |
| NII (15%) | 982800 | 6.68 |
| RII (35%) | 2293200 | 15.59 |
| Total Shares | 6552000 | 44.55 |
| Retail portion will be oversubscribed by | 1147 | |
| Forms | ||
| How much Shares to Apply in Ambey Laboratories IPO? | ||
| Min Retail Application | 2000 Shares | Rs. 136000 |
| Min HNI Application | 4000 Shares | Rs.272000 |
Who are the Promoters of Ambey Laboratories IPO?
The promoters of the company are Archit Gupta, Arpit Gupta, Sarina Gupta and Rishita Gupta.The promoters’ holding prior to the IPO is 94.97%
What are the Objects of Ambey Laboratories IPO?
The Offer comprises of fresh issue of capital and also an offer for sale.
The objectives of the fresh Issue are to:
To meet Working Capital Requirements
General corporate purposes
Issue related expenses
| Ambey Laboratories IPO Tentative timetable | |
| IPO opens on | 4 July 2024 |
| IPO Closes on | 8 July 2024 |
| IPO Allotment on | 9 July 2024 |
| Refund Initiation | 10 July 2024 |
| Credit of Shares | 10 July 2024 |
| Listing on | 11 July 2024 |
| Registered Office of the Company Ambey Laboratories Limited Ground Floor, Property No.555 Tarla Mohalla, Ghitorni, West Delhi New Delhi, -110030 |
| Who is the Lead Manager of Ambey Laboratories IPO? Fast Track Finsec Pvt Ltd |
| Who is the Registrar to IPO? Link Intime India Private Ltd |
| Ambey Laboratories IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs.in Cr | Rs.in Crore | Rs. | % | |
| 2020-21 | 82.42 | 10.34 | 0.04 | 0.46 |
| 2021-22 | 85.11 | 3.57 | 2.20 | 18.54 |
| 2022-23 | 107.43 | 4.57 | 2.59 | 17.92 |
| Book Value of the Share on | 31.03.2023 | Rs 14.43 | ||
| BV of the Share at cap price | after the IPO | Rs. | ||
| Offer Price/upper band | Rs. 68 | |||
| Ambey Laboratories IPO Key Performance indicators |
|
| Price/last EPS of 22-23 | 26.25 |
| Price/BV Ratio | 4.71 |
| Upper price/BV after IPO | – |
How Ambey Laboratories IPO compares with the Peers?
Considering the nature and turnover of business of the Company the peer is not strictly comparable.
However, the same have been included for broader comparison.
| As on date of DRHP | FV | Total | PE |
| Rs. | Income | Ratio of | |
| Rs. In Cr | |||
| Ambey Laboratories | 10 | 26.25 | |
| Atul Ltd | 10 | 46.90 | |
| Meghmani Organics | 1 | 63.21 | |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Ambey Laboratories IPO To the point Guidance
Ambey Laboratories is engaged in the business of manufacturing of agrochemical products for the
protecting of crops and it’s been almost four decades the company serving the agrochemical sector. The
Company is manufacturer and supplier of “2, 4-D base chemicals” with highest quality practice and
compliant with Highest Environmental, Health, and Safety (EHS) in chemical industry.
Size: Net size of the IPO is Rs. 44.55 crore, which is somewhat large, compared to other SME IPOs. The retail portion is Rs. ?15.59 Crore and NII portion is Rs.6.68 Crore. With 1147 applications, retail portion can get one time subscription. So collecting one time subscription is not at all difficult.
Financial Snapshot: The company has shown steady trend in the topline and bottom-line during last 2 years. Compared to large peer group companies, the shares are offered at reasonable valuation and there is scope for small listing gains. However, one may have a look at the premium trend to assess grey market mood.
Quicklinks
Ambey Laboratories IPO FAQs
What is Ambey Laboratories IPO?
Ambey Laboratories is a SME IPO of 6864000 equity shares of the face value of Rs. 10 aggregating up to Rs.? Crores. The issue is priced at Rs.? per share. The minimum order quantity is ? Shares.
When will Ambey Laboratories IPO open?
Ambey Laboratories IPO opens on July 3, 2024, and closes on July 5, 2024.
What is the lot size of Ambey Laboratories IPO?
Ambey Laboratories IPO lot size is ? Shares, and the minimum amount required is Rs.?.
How to apply for Ambey Laboratories IPO?
You can apply in Ambey Laboratories IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Ambey Laboratories IPO allotment?
The finalization of Basis of Allotment for Ambey Laboratories IPO will be done on July 8, 2024, and the allotted shares will be credited to your demat account by July 9, 2024.
When is Ambey Laboratories IPO listing?
Ambey Laboratories IPO listing date is July 10, 2024.
