Ami Organics Limited IPO
MainboardPharmaceuticals & Drugs
Listed On: Sep 14, 2021 at ₹ 910.0 (NSE)
₹ 14640 /24 Shares
Check Allotment01 Sep, 2021
Open Date03 Sep, 2021
Close Date08 Sep, 2021
Allotment Date14 Sep, 2021
Listing DatePrice Summary
Last Closing
1,178.00 (93.11%)52 Week High
1,322.0052 Week Low
504.00Last Update
30-May-2025 3:30 PMIPO Issue Details
- Issue Price ₹603 - 610 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price Total 569.64 Crores : ₹200 Crores Fresh Issue + ₹369.64 Crores Offer For Sale
- Listing at BSE, NSE
- List Price 910.0 (NSE)
- Listing Date 2021-09-14
- Lead Manager Ambit Private Limited, Axis Capital Limited, Intensive Fiscal Services Private Limited
- Registrar Link Intime India Private Ltd
IPO Details
- Retail Portion 35%
IPO Details
The IPO of is priced at ₹603 - 610 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Sep 1, 2021 and ends on Sep 3, 2021. The allotment for IPO will be finalized on Sep 8, 2021. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Sep 14, 2021. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.
The book-running lead manager for the IPO is/are Ambit Private Limited, Axis Capital Limited, Intensive Fiscal Services Private Limited.
The IPO sets its price band at 603 - 610 for each share. A single application for Ami Organics Limited IPO must contain at least 24 shares.
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IPO Subscription Analysis And Details
| As on | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 18,54,166 | 14,06,453 | 32,81,723 | 65,42,342 |
|
Day 1
01-09-21 05:00 PM
|
1.39 x | 0.41 | 2.82 x | 1.89 x |
|
Day 2
02-09-21 05:00 PM
|
1.42 x | 1.50 | 6.33 x | 3.90 x |
|
Day 3
03-09-21 05:00 PM
|
86.64 x | 154.81 | 13.37 x | 64.54 x |
Valuations
Company Financials
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|
| Assets | 413.26 | 231.89 | 213.15 |
| Revenue | 341.98 | 242.48 | 238.89 |
| Profit After Tax | 53.99 | 27.47 | 23.29 |
About Company
Ami Organics Limited is one of the leading research and development driven manufacturers of specialty chemicals. The company manufactures different types of Advanced Pharmaceutical Intermediates and Active Pharmaceutical ingredients (API) for New Chemical Entities, and material for agrochemicals and fine chemicals.
The company has developed over 450 pharma intermediates across 17 key therapeutic areas i.e. anti-retroviral, anti-inflammatory, anti-psychotic, anti-cancer, anti-Parkinson, anti-depressant, and anti-coagulant. It supplies its products to more than 150 customers (including international customers) directly in India and in 25 countries overseas i.e. Europe, USA, China, Israel, Japan, Latin America, etc. Laurus Labs, Cadila Healthcare, Cipla Ltd are some of the domestic customers whereas Organike s.r.l.a. Socio Unico, Fermion Oly, Medichem S.A. and Midas Pharma GmbH are some of the international customers.
The company has three manufacturing facilities in Gujarat situated at Sachin, Ankleshwar & Jhagadia, with an aggregate installed capacity of 6,060 MTPA.
- Promoter(s)
Nareshkumar Ramjibhai Patel
Chetankumar Chhaganlal Vaghasia
Shital Nareshbhai Patel
Parul Chetankumar Vaghasia
Pre Issue Share Holding : 47.23%
Post Issue Share Holding : 41.05%
IPO - Issue Objectives
Repayment/prepayment of certain financial facilities availed by their Company
Funding working capital requirements of their Company
General corporate purposes.
IPO - Anchor Investors
Ami Organics raises Rs 171 crore from anchor investors ahead of IPO
SBI Life Insurance Company, Kotak Mahindra Life Insurance Company, Aditya Birla Sun Life Insurance Company, Kuber India Fund, UTI Mutual Fund, Sundaram MF and SBI Mutual Fund are among the anchor investors.
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Ami Organics Limited | 11.40 | 41.47 | 32.35% | 341.98 |
| Aarti Industries Ltd | 9.84 | 56.49 | 17.43% | 4,506.80 |
| Hikal Ltd | 8.55 | 47.33 | 18.07% | 1,725.42 |
| Valiant Organics Ltd | 6.97 | 29.98 | 23.21% | 760.75 |
| Vinati Organics Ltd | 11.85 | 66.15 | 18.01% | 980.10 |
| Neuland Laboratories Ltd | 2.74 | 28.97 | 9.45% | 953.00 |
| Atul Ltd | 7.16 | 39.67 | 18.05% | 3,834.45 |
IPO - FAQs
Ans. Ami Organics Limited IPO is a Mainboard IPO. The issue is priced at ₹603 - 610 per equity share. The minimum order quantity is 24 Shares. The IPO opens on Sep 1, 2021, and closes on Sep 3, 2021. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Ami Organics Limited IPO opens on Sep 1, 2021 and closes on Sep 3, 2021.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Ami Organics Limited IPO is Total 569.64 Crores : ₹200 Crores Fresh Issue + ₹369.64 Crores Offer For Sale.
Ans. The Ami Organics Limited IPO price band is set between ₹603 - 610 per equity share.
Ans. To apply for Ami Organics Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Ami Organics Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Ami Organics Limited IPO is Sep 8, 2021.
Ans. The Ami Organics Limited IPO will be listed on Sep 14, 2021.
Ans. Follow the steps to check the Ami Organics Limited IPO allotment status online.
