Opening Date
|
September 01, 2021
|
Closing Date
|
September 03, 2021
|
Face Value
|
Rs. 10 per equity share
|
IPO Price Band
|
Rs. 603 to 610 per equity share
|
Minimum Order Quantity
|
24 equity shares
|
Issue Size
|
Rs. 569.64 crores
|
Recently, a company called Ami Organics filed its final Red Herring Prospectus (RHP) with the SEBI with the intention of selling its shares out to the public. If this latest IPO is something that you would want to invest in, then continue reading to know about some of the key Ami Organics Ltd IPO details.
Based in Gujarat, Ami Organics Ltd is a specialty chemicals manufacturer that’s involved in the manufacture of Advanced Pharmaceutical Intermediates and Active Pharmaceutical Ingredients (API). In addition to this, the company also produces chemicals used in the fine chemical and agrochemical industries.
The product portfolio of Ami Organics Ltd is extensive with over 450 pharma intermediates across as many as 17 different key therapeutic areas. The company exports the products manufactured by it to over 25 different countries, which includes U.S.A., China, Israel, Japan, and more.
- Ami Organics Ltd IPO details
Now that we’re done with a brief introduction of the company, let’s move on to the details of the upcoming IPO such as the Ami Organics Ltd IPO date and Ami Organics Ltd IPO share price.
- Ami Organics Ltd IPO date
The upcoming IPO issue of the company is set to open up to the public for subscription on September 01, 2021. The last date for subscription of the shares of the company would be on September 03, 2021.
- Ami Organics Ltd IPO issue size
The total issue size of the latest IPO of Ami Organics is around Rs. 569.64 crores. The issue consists of both a fresh issue component as well as an offer for sale (OFS) from the promoters. The fresh issue of shares would net around Rs. 200 crores for the company. On the other hand, the OFS would likely generate around Rs. 369.64 crores, which will go to the promoters.
- Ami Organics Ltd IPO share price
The price band of the company’s IPO has also been notified. The price range starts from Rs. 603 per equity share and goes up to Rs. 610 per equity share.
- Ami Organics Ltd IPO listing
As with all mainboard IPOs, this IPO issue from Ami Organics would also be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
- Ami Organics Ltd IPO objectives
The proceeds received from the sale of the fresh issue of shares would be used towards repayment of the company’s financial obligations and for funding its working capital requirements.
Conclusion
A demat account is a mandatory prerequisite for investing in this attractive IPO. If you don’t have one, you could always head on over to Motilal Oswal’s website to open a demat account and an online trading account for free.
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