IPO

Ami Organics Limited IPO

Mainboard

Pharmaceuticals & Drugs

Listed On: Sep 14, 2021 at ₹ 910.0 (NSE)

₹ 14640 /24 Shares

Check Allotment

Price Summary

Last Closing

2,145.00 (251.64%)

52 Week High

2,184.15

52 Week Low

1,004.45

Last Update

25-Nov-2024 3:30 PM

IPO Details

01 Sep, 2021

Open Date

03 Sep, 2021

Close Date

08 Sep, 2021

Allotment Date

14 Sep, 2021

Listing Date

Issue Price

₹603 - 610 per equity share

Face Value

₹10 Per Equity Share 

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

910.0 (NSE)

Listing Date

2021-09-14

Market Lot

24 Shares (₹14,640/-)

Lead Manager

Ambit Private Limited, Axis Capital Limited, Intensive Fiscal Services Private Limited

Issue Size

Total 569.64 Crores : ₹200 Crores Fresh Issue + ₹369.64 Crores Offer For Sale

Retail Portion

35%

Subscription

64.54 times

IPO Docs

DRHP RHP

IPO Subscription Details

As onQIBNIIRetailTotal
Shares Offered / Reserved18,54,16614,06,45332,81,72365,42,342
Day 1 - 01-09-21 05:00 PM1.39 x0.412.82 x1.89 x
Day 2 - 02-09-21 05:00 PM1.42 x1.506.33 x3.90 x
Day 3 - 03-09-21 05:00 PM86.64 x154.8113.37 x64.54 x

Valuations

Earnings Per Share (EPS)

₹14.57/-

P/E Ratio

41.47

RoNW

32.55%

Net Asset Value (NAV) - As on 31.03.21

₹52.99

Company Financials All values are in ₹ Cr.

31-Mar-2131-Mar-2031-Mar-19
Assets413.26231.89213.15
Revenue341.98242.48238.89
Profit After Tax53.9927.4723.29

About The 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.

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- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
Ami Organics Limited11.4041.4732.35%341.98
Aarti Industries Ltd9.8456.4917.43%4,506.80
Hikal Ltd8.5547.3318.07%1,725.42
Valiant Organics Ltd6.9729.9823.21%760.75
Vinati Organics Ltd11.8566.1518.01%980.10
Neuland Laboratories Ltd2.7428.979.45%953.00
Atul Ltd7.1639.6718.05%3,834.45

IPO - Ratings

Anand RathiSubscribe
Axis CapitalNeutral
Capital MarketMay apply
Kotak SecuritiesNeutral
Marwadi Shares and Finance LimitedSubscribe
StockEdgeNeutral

- Promoter(s)

Pre Issue Share Holding: 47.23%

Post Issue Share Holding: 41.05%

Company Promoter(s)

  1. Nareshkumar Ramjibhai Patel
  2. Chetankumar Chhaganlal Vaghasia
  3. Shital Nareshbhai Patel
  4. Parul Chetankumar Vaghasia

IPO - Issue Objectives

  1. Repayment/prepayment of certain financial facilities availed by their Company
  2. Funding working capital requirements of their Company
  3. 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 - 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. The size of Ami Organics Limited IPO is Total 569.64 Crores : ₹200 Crores Fresh Issue + ₹369.64 Crores Offer For Sale.

Ans. The IPO price band is set between ₹603 - 610 per equity share.

Ans. To apply for Ami Organics Limited IPO 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 allotment status for Ami Organics Limited IPO here.