IPO

Ambey Laboratories Limited IPO

NSE SME

Listed On: Jul 11, 2024 at ₹ 85.0

₹ 272000 /4000 Shares
*Min Investment

Check Allotment

04 Jul, 2024

Open Date

08 Jul, 2024

Close Date

09 Jul, 2024

Allotment Date

11 Jul, 2024

Listing Date
Ambey Laboratories Limited IPO Issue Details
  • Issue Price ₹65-68 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 65,70,000 shares(aggregating up to ₹44.68 crore)
  • Fresh Share 62,58,000 shares(aggregating up to ₹42.55 crore)
  • Offer For Sale 3,12,000 shares(aggregating up to ₹2.12 crore)
  • Listing at NSE SME
  • List Price 85.0
  • Listing Date 2024-07-11
  • Lead Manager Fast Track Finsec Pvt Ltd
  • Registrar Link Intime India Private Ltd
Market Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 2000 ₹1,36,000
Retail(max) 1 2000 ₹1,36,000
NII (min) 2 4000 ₹2,72,000
Ambey Laboratories Limited IPO Reservation

Ambey Laboratories Limited IPO offers total 6,244,001 shares. Out of which 1,252,000 (20.05%) allocated to QIB, 606,001 (9.71%) allocated to NII,2,184,000 (34.98%) allocated to RII, NA (NA%) allocated to employees and 1,872,000 (29.98%) allocated to Anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 1,872,000 (29.98%)
Market Maker Shares Offered 330,000 (5.29%)
QIB Shares Offered 1,252,000 (20.05%)
NII (HNI) Shares Offered 606,001 (9.71%)
Retail Shares Offered 2,184,000 (34.98%)
Total Shares Offered 6,244,001 (100%)
Ambey Laboratories Limited IPO Documents
DRHP
RHP
Ambey Laboratories Limited IPO Details


Ambey Laboratories Limited IPO is an SME IPO, priced at ₹65-68 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 65,70,000 equity shares, aggregating up to ₹44.68 crores..

The IPO bidding window is open from Jul 4, 2024 to Jul 8, 2024. The allotment is expected to be finalized on Jul 9, 2024, and the tentative listing date is Jul 11, 2024.

The minimum lot size for Retail investors is 2000 shares, with a minimum investment of ₹1,36,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,72,000.

Fast Track Finsec Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Link Intime India Private Ltd, and Nikunj Stock Brokers Limited will act as the market maker for this issue.

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Ambey Laboratories Limited IPO Subscription Analysis And Details
Retail
194.11x
Total
159.71x
As on QIB / NII Retail Total
Shares Offered / Reserved 1,252,000 / 936,000 2,184,800 4,372,000
Day 1 04-07-24 06:00 PM
0.41 / 19.86 x 28.80 x 18.66 x
Day 2 05-07-24 06:00 PM
0.41 / 32.82 x 64.01 x 39.13 x
Day 3 08-07-24 06:00 PM
61.90 / 210.13 x 194.11 x 159.71 x
Total No of Applications
2,13,007
Ambey Laboratories Limited Valuations
EPS Pre IPO ₹2.44/-
EPS Post IPO ₹2.89/-
P/E Pre IPO 27.81
P/E Post IPO 23.54
ROE 20.80%
ROCE 13.14%
Debt/Equity 0.58
RoNW 20.80%
PAT Margin 6.01
Price to Book Value 3.58
Ambey Laboratories Limited Company Financials
In Lakhs
In Lakh
31-Jan-24 31-Mar-23 31-Mar-22
Assets 8,620.84 5,761.85 5,592.94
Revenue 10,043.69 10,743.47 8,511.19
Profit After Tax 607.73 456.93 357.47
Net Worth 3,431.34 2,363.60 1,906.67
Reserves & Surplus 1,562.46 588.66 131.73
Total Borrowing 2,005.44 1,365.22 1,804.86
About Ambey Laboratories Limited Company

Ambey Laboratories was incorporated in 1985. The company is engaged in the manufacture of agrochemical products for crop protection. The company has been serving the agrochemical sector for nearly four decades.

The company manufactures and supplies 2,4-D base chemicals.

The company's manufacturing facility at Behror, Rajasthan, is certified with ISO 9001: 2015 by the Quality Research Organization and ISO 14001: 2015 by the United Accreditation Foundation.

The company currently manufactures the following products for its customer base, which includes large corporates like Aromatic Rasayan Private Limited, JR Jindal Infraprojects Private Limited, and SC Formulator Co. Ltd:
2,4-D Acid 98% TC
2,4-D Sodium 95% SP
2,4-D Amine 866 | 720 | 480g/l SL
2,4-D Ethyl Hexyl Ester 96% TC
2,4-D Ethyl Ester 96% TC
Chlorpyriphos 97%TC / 20%EC / 50%EC
Thiamethoxam 96%TC / 25%WG / 75%SG
Pretilachlor 95%TC / 50%EC / 37%EW
Metribuzin 97%TC / 70%WS
Hexaconazole 92%TC / 5%SC / 5%EC / 10%EC
Metalaxyl 98%TC / 35%WS

As of October 31,2023 the company has 220 employees in various departments.

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Ambey Laboratories Limited - Promoter(s)

Archit Gupta

Arpit Gupta

Sarina Gupta

Rishita Gupta

Pre Issue Share Holding : 94.97%

Post Issue Share Holding : 69.90%

Ambey Laboratories Limited IPO - Issue Objectives
1

To meet Working Capital Requirements

2

General corporate purposes

3

Issue related expenses

Ambey Laboratories Limited IPO - Peers Comparison
Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Ambey Laboratories Limited 2.57 2.57 13.32 N/A 19.33 N/A N/A
Atul Ltd 187.05 187.05 1555.42 46.9 12.03 4.18 Standalone
Meghmani Organics Ltd. 9.85 9.85 65.11 63.21 15.11 1.33 Standalone

Notes:

  1. Considering the nature and turnover of the Company's business, the peer is not strictly comparable. However, the same has been included for broader comparison.
  2. Current Market Price (CMP) is the closing price of the respective scrip as of January 30, 2024.
Contact Details

Ambey Laboratories Limited

Ground Floor, Property No.555 Tarla Mohalla, Ghitorni, West Delhi, New Delhi, -110030

0124-4000788

cs@ambeylab.com

http://www.ambeylab.com/

Registrar Contact Details

Link Intime India Private Ltd

+91-22-4918 6270

ambeylab.ipo@Linkintime.co.in

https://linkintime.co.in/initial_offer/public-issues.html