Ami organics limited

Ami Organics Limited IPO Review

Ami Organics is one of the main innovative work (R&D) driven makers of claim to fame synthetic substances with shifted end utilization, centered towards the turn of events and assembling of cutting edge drug intermediates for controlled and nonexclusive dynamic drug fixings (APIs) and New Chemical Entities (NCE) and key beginning material for agrochemical and fine synthetic substances. 

The organization is among the significant makers of Pharma Intermediates for certain key APIs, including Dolutegravir, Trazodone, Entacapone, Nintedanib and Rivaroxaban. These intermediates, adding up to more than 450 items starting at 31 March 2021, discover applications in certain high-development restorative regions including hostile to retroviral, mitigating, against insane, against malignant growth, hostile to Parkinson, energizer and against coagulant, telling huge portion of the overall industry both in India and universally. 

The Pharma Intermediates business represented INR301.1 crore or 88.4% of the organization’s absolute incomes in FY2021. The organization has as of late finished the obtaining of two extra assembling offices worked by Gujarat Organics Limited (GOL) which has added additives (parabens and parabens plans having end utilization in beauty care products, creature food and individual consideration ventures) and other claim to fame synthetics (with end use in beauty care products, colors polymers and agrochemicals enterprises).

Subscription Dates

1 – 3 September 2021

Price Band

INR603 – 610 per share

Fresh issue

INR200 crore

Offer For Sale

6,059,600 shares (INR365.39 – 369.64 crore)

Total IPO size

INR565.39 – 569.64 crore

Minimum bid (lot size)

24 shares

Face Value 

INR10 per share

Retail Allocation

35%

Listing On

NSE, BSE

 

 

FY2019

FY2020

FY2021

Revenue

 

238.9

242.5

342.0

Expenses

 

203.8

207.7

270.3

Net income

 

24.7

29.6

53.1

Margin (%)

 

10.3

12.2

15.5

Earnings Per Share (EPS): INR17.14

Price/Earnings (PE ratio): 35.2 – 35.6

Return on Net Worth (RONW): 32.35%

Net Asset Value (NAV): INR52.99 per share

Date

Ami Organics IPO GMP

Kostak

Subject to Sauda

13 September 2021

INR150

11 September 2021

INR150

9 September 2021

INR150

INR300

INR2,800

8 September 2021

INR150

INR300

INR2,800

7 September 2021

INR145

INR320

INR2,500

6 September 2021

INR130

INR300

INR2,100

4 September 2021

INR120

INR300

INR1,500

3 September 2021

INR110

INR350

INR1,500

2 September 2021

INR105

INR350

INR1,400

1 September 2021

INR125

INR400

INR1,500

31 August 2021

INR100

INR250

INR650

30 August 2021

INR60

INR300

28 August 2021

INR50

INR300

27 August 2021

INR30

Listing Performance of Ami Organics Limited IPO

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain

Ami Organics Limited

Sep 14, 2021

610

934.55

53.2



 NSE : AMIORG ·

 BSE : 543349 ·

 ISIN CODE : INE00FF01017

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IPO Opening Date: 1 September 2021

IPO Closing Date: 3 September 2021

Finalisation of Basis of Allotment: 8 September 2021

Initiation of refunds: 9 September 2021

Transfer of shares to demat accounts: 13 September 2021

Listing Date: 14 September 2021

Opening Price on NSE: Coming soon

Closing Price on NSE: Coming soon

 

Ami Organics Limited

Plot No. 440/4, 5 & 6,

Road No. 82/A, GIDC Sachin,

Surat – 394 230 Gujarat

Phone: +91 261 239 7193

Email: cs@amiorganics.com

Website: www.amiorganics.com

Link Intime India Private Limited

C-101, 1st Floor, 247 Park Lal Bahadur Shastri Marg, Vikhroli (West) Mumbai – 400 083

Phone: +91 22 4918 6200

Fax: +91 22 4918 6195

Email: amiorganics.ipo@linkintime.co.in

Website: http://www.linkintime.co.in

category

Shares offered

Subscription (no. of times, at 5 PM)

Day 1

Day 2

Day 3

QIB

18,54,166

1.39

1.43

86.64

NII

14,06,453

0.40

1.51

154.81

Retail

32,81,723

2.82

6.32

13.36

 

 

 

 

 

Total

65,42,342

1.90

3.90

64.54

Ami Organics Limited IPO FAQ's

The Ami Organics IPO is a main-board IPO of [.] equity shares with a face value of 10 worth up to 569.64 Crores. The issue is priced between 603 and 610 cents per equity share. The minimum order amount is 24 Shares.The initial public offering (IPO) begins on September 1, 2021 and ends on September 3, 2021.The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.

The Ami Organics IPO opens on Sep 1, 2021 and closes on Sep 3, 2021.

Ami Organics IPO lot size is 24 Shares and the minimum order quantity is 24 Shares.

Ami Organics IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

The basis of allotment for the Ami Organics IPO will be finalised on September 8, 2021, and the allotted shares will be credited to your demat account by September 13, 2021. Check the status of Ami Organics’ IPO allotment.

The Ami Organics IPO listing date is on Tuesday, September 14, 2021.

Ami Organics Limited IPO Comments