Last updated on December 2, 2022
AMBO Agritec IPO description – AMBO Agritec is primarily engaged in the business of manufacturing of Biscuits, outsourced manufacturing of Edible Oils, Vanaspati and Bengali Speciality Products (through third parties). In addition to this, the company is also engaged in trading of Crude Linseed Oil, Soyabean Meal.
Its manufacturing plant for biscuits is situated at Mangalpur Industrial Estate, Raniganj in the state of West Bengal, India. The company’s manufacturing facility is well equipped with machineries and other handling equipment to facilitate smooth manufacturing process.
AMBO Agritec products are marketed under its own brand names “Happy Bites” for Biscuits, “Happy Heart” for Edible Oil, “Ambo Gold” & “Vanaspati 2000” for Vanaspati and “Max Health” for Bengali Speciality Products. The company has been certified by Food Safety and Standards Authority of India (FSSAI) for the quality management systems.
The promoter of the company, Mr. Umesh Kumar Agarwal, has sound industrial knowledge and experience which enables the company to carry the business in an efficient manner.
Promoters of AMBO Agritec – Mr. Umesh Kumar Agarwal
AMBO Agritec IPO Details
| AMBO Agritec IPO Dates | 21 – 24 November 2022 |
| AMBO Agritec IPO Price | INR 30 per share |
| Fresh issue | 3,400,000 shares (INR 10.2 crore) |
| Offer For Sale | Nil |
| Total IPO size | 3,400,000 shares (INR 10.2 crore) |
| Minimum bid (lot size) | 4,000 shares (INR 120,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
AMBO Agritec Financial Performance
| FY 2020 | FY 2021 | FY 2022 | |
| Revenue | 73.37 | 47.14 | 94.69 |
| Expenses | 73.99 | 46.88 | 92.92 |
| Net income | 0.32 | 0.19 | 1.19 |
AMBO Agritec Offer News
AMBO Agritec Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 0.92 | 0.55 | 3.41 |
| PE ratio | – | – | 8.80 |
| RONW (%) | 13.76 | 7.60 | 32.16 |
| NAV | – | – | 10.61 |
AMBO Agritec IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 1 Dec 2022 | 15 | – | 35,000 |
| 30 Nov 2022 | 15 | – | 35,000 |
| 29 Nov 2022 | 15 | – | 35,000 |
| 28 Nov 2022 | 15 | – | 35,000 |
| 25 Nov 2022 | 11 | – | 25,000 |
| 24 Nov 2022 | 12 | – | 30,000 |
| 23 Nov 2022 | 7 | – | 25,000 |
| 22 Nov 2022 | 5 | – | 20,000 |
| 21 Nov 2022 | 5 | – | – |
| 19 Nov 2022 | 5 | – | – |
AMBO Agritec Offer Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 1,700,000 | 1,700,000 | 3,400,000 |
| 24 Nov 2022 | 323.51 | 350.00 | 336.75 |
| 23 Nov 2022 | 20.20 | 78.11 | 49.15 |
| 22 Nov 2022 | 5.17 | 20.83 | 13.00 |
| 21 Nov 2022 | 1.27 | 4.40 | 2.84 |
AMBO Agritec Offer Lead Manager
FINSHORE MANAGEMENT SERVICES LIMITED
Anandlok Building, Block-A, 2nd Floor,
Room No. 207, 227 A.J.C Bose Road,
Kolkata-700020, West Bengal
Phone : +91 033 22895101
Email: [email protected]
Website: www.finshoregroup.com
AMBO Agritec Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”,
#1, Club House Road,
Chennai – 600 002, Tamil Nadu
Telephone: +91-44-40020700, 28460390
Email: [email protected]
AMBO Agritec Contact Details
AMBO AGRITEC LIMITED
3, Pretoria Street,
Chandrakunj Building, 2nd Floor,
Kolkata – 700071, West Bengal
Phone: +91 9831074747
E-mail: [email protected]
Website: www.amboagritec.com
AMBO Agritec IPO Allotment Status
AMBO Agritec IPO allotment status is now available on Cameo Corporate Services’ website. Click on this link to get allotment status.
AMBO Agritec IPO Dates & Listing Performance
| AMBO Agritec Offer Opening Date | 21 November 2022 |
| AMBO Agritec IPO Closing Date | 24 November 2022 |
| Finalisation of Basis of Allotment | 29 November 2022 |
| Initiation of refunds | 30 November 2022 |
| Transfer of shares to demat accounts | 1 December 2022 |
| AMBO Agritec IPO Listing Date | 2 December 2022 |
| Opening Price on BSE SME | INR 40.1 per share (up 33.67%) |
| Closing Price on BSE SME | INR 42.1 per share (up 40.33%) |
AMBO Agritec IPO FAQs
What is AMBO Agritec offer size?
AMBO Agritec offer size is INR 10.2 crore.
What is AMBO Agritec IPO Price Band?
AMBO Agritec public offer price is INR 30 per share.
What is the lot size of AMBO Agritec IPO?
AMBO Agritec offer lot size is 4,000 shares.
What is AMBO Agritec IPO GMP today?
AMBO Agritec IPO GMP today is INR 15 per share.
What is AMBO Agritec kostak rate today?
AMBO Agritec kostak rate today is NA per application.
What is AMBO Agritec Subject to Sauda rate today?
AMBO Agritec Subject to Sauda rate today is INR 35,000 per application.
