The Ami Organics IPO will open for subscription on 1st September. The 570 crores public offer comprises a fresh issue of Rs. 200 crores and an offer for sale of 60.5 lakh equity shares aggregating up to Rs. 370 crores.
About the company:
Ami Organics Limited is one of the leading R&D-driven manufacturers of specialty chemicals that have varied end usage. It is focused on the development and manufacturing of advanced pharmaceutical intermediates for regulated and generic active pharmaceutical ingredients (APIs) and New Chemical Entities (NCE) and key starting materials for agrochemical and fine chemicals.
The company has developed and commercialized over 450 Pharma Intermediates for APIs across 17 key therapeutic areas such as anti-retroviral, anti-inflammatory, anti-psychotic, anti-cancer, anti-Parkinson, anti-depressant, and anticoagulant, for use across the global pharmaceutical market.
Financial Snapshot:
Financial Year Ended | Revenue (₹ Crores) | PAT (₹ Crores) | EPS (₹) |
---|---|---|---|
March 2019 | 238.90 | 23.30 | 7.4 |
March 2020 | 242.49 | 27.47 | 8.72 |
March 2021 | 341.99 | 54.00 | 17.14 |
For more information, you can check out the IPO Prospectus filed by the company.
IPO Details:
Issue Period | 1st September 2021 to 3rd September 2021 |
Price Range | ₹ 603 to 610 |
Minimum Bid Quantity | 24 and in multiples thereof |
Finalisation of Allotment | 8th September 2021 |
Initiation of Refunds | 9th September 2021 |
Credit of Shares | 13th September 2021 |
Listing Date | 14th September 2021 |
Mandate end Date | 21st September 2021 |
How do I apply to the Ami Organics IPO?
You can apply for the Ami Organics IPO using any supported UPI app by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click hereto learn more.
Where do I check the allotment status for Ami Organics IPO?
You can check the allotment status for the Ami Organics IPO on the website of the Registrar and Transfer agent.
Alternatively, you can also check the allotment status on the NSE website. The tentative date of allotment is 8th September 2021.