Ami Organics IPO Details

Ami Organics IPOAmi Organics IPO description – Ami Organics is one of the leading research and development (R&D) driven manufacturers of specialty chemicals with varied end usage, focused towards the development and manufacturing of advanced pharmaceutical intermediates for regulated and generic active pharmaceutical ingredients (APIs) and New Chemical Entities (NCE) and key starting material for agrochemical and fine chemicals.

The company is among the major manufacturers of Pharma Intermediates for certain key APIs, including Dolutegravir, Trazodone, Entacapone, Nintedanib and Rivaroxaban. These intermediates, amounting to over 450 products as of 31 March 2021, find applications in certain high-growth therapeutic areas including anti-retroviral, antiinflammatory, anti-psychotic, anti-cancer, anti-Parkinson, anti-depressant and anti-coagulant, commanding significant market share both in India and globally.

The Pharma Intermediates business accounted for INR301.1 crore or 88.4% of the company’s total revenues in FY2021. The company has recently completed the acquisition of two additional manufacturing facilities operated by Gujarat Organics Limited (GOL) which has added preservatives (parabens and parabens formulations having end usage in cosmetics, animal food and personal care industries) and other specialty chemicals (with end usage in cosmetics, dyes polymers and agrochemicals industries).

Promoters of Ami Organics – Nareshkumar Ramjibhai Patel, Chetankumar Chhaganlal Vaghasia, Shital Nareshbhai Patel And Parul Chetankumar Vaghasia
Ami Organics IPO details
Subscription Dates 1 – 3 September 2021
Price Band INR603 – 610 per share
Fresh issue INR200 crore
Offer For Sale 6,059,600 shares (INR365.39 – 369.64 crore)
Total IPO size INR565.39 – 569.64 crore
Minimum bid (lot size) 24 shares
Face Value  INR10 per share
Retail Allocation 35%
Listing On NSE, BSE

Ami Organics Financial Performance (in INR crore)

    FY2019 FY2020 FY2021
Revenue   238.9 242.5 342.0
Expenses   203.8 207.7 270.3
Net income   24.7 29.6 53.1
Margin (%)   10.3 12.2 15.5

Registrar of Ami Organics IPO

Link Intime India Private Limited
C-101, 1st Floor, 247 Park Lal Bahadur Shastri Marg, Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: http://www.linkintime.co.in

Ami Organics Contact Details

Ami Organics Limited
Plot No. 440/4, 5 & 6,
Road No. 82/A, GIDC Sachin,
Surat – 394 230 Gujarat
Phone: +91 261 239 7193
Email: [email protected]
Website: www.amiorganics.com

Valuation of Ami Organics (as of FY2021)

Earnings Per Share (EPS): INR17.14
Price/Earnings (PE ratio): 35.2 – 35.6
Return on Net Worth (RONW): 32.35%
Net Asset Value (NAV): INR52.99 per share

Ami Organics IPO GMP Daily Trend

Date Ami Organics IPO GMP Kostak Subject to Sauda
13 September 2021 INR150
11 September 2021 INR150
9 September 2021 INR150 INR300 INR2,800
8 September 2021 INR150 INR300 INR2,800
7 September 2021 INR145 INR320 INR2,500
6 September 2021 INR130 INR300 INR2,100
4 September 2021 INR120 INR300 INR1,500
3 September 2021 INR110 INR350 INR1,500
2 September 2021 INR105 INR350 INR1,400
1 September 2021 INR125 INR400 INR1,500
31 August 2021 INR100 INR250 INR650
30 August 2021 INR60 INR300
28 August 2021 INR50 INR300
27 August 2021 INR30

Ami Organics Offer Subscription Details

Category Shares offered Subscription (no. of times, at 5 PM)
Day 1 Day 2 Day 3
QIB 18,54,166 1.39 1.43 86.64
NII 14,06,453 0.40 1.51 154.81
Retail 32,81,723 2.82 6.32 13.36
         
Total 65,42,342 1.90 3.90 64.54

Angel One – Neutral
Anand Rathi – Subscribe
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
Canara Bank Securities –
Choice Broking – Subscribe
Elite Wealth – Subscribe
GEPL Capital – Subscribe
Hem Securities –
ICICIdirect –
IDBI Capital –
KR Choksey –
Marwadi Financial Services – Subscribe
Motilal Oswal –
Nirmal Bang – Subscribe
Religare Broking – Long term positive
Samco Securities –
SMC Global –
Ventura Securities –

Ami Organics IPO Allotment Status

Ami Organics IPO allotment is now available on Link Intime’s website. Click on this link to get allotment status.

Listing Performance of Ami Organics

IPO Opening Date: 1 September 2021
IPO Closing Date: 3 September 2021
Finalisation of Basis of Allotment: 8 September 2021
Initiation of refunds: 9 September 2021
Transfer of shares to demat accounts: 13 September 2021
Listing Date: 14 September 2021
Opening Price on NSE: INR910 per share (up 49.18% from IPO Price)
Closing Price on NSE: INR935 per share (up 53.28% from IPO Price)

What is Ami Organics IPO Investors Portion?

The investors’ portion for QIB-50%, NII-15%, and Retail 35%.

How to Apply in Ami Organics IPO?

The best way to apply in Ami Organics IPO is through Internet banking ASBA (know all about ASBA). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is Ami Organics IPO Size?

Ami Organics IPO size is INR569.64 crores.

What is Ami Organics IPO Price Band?

Ami Organics IPO Price Band is INR603 – 610 per share.

What is the lot size of Ami Organics IPO?

Ami Organics IPO lot size and the minimum order is 24 shares.

What is Ami Organics IPO Allotment Date?

Ami Organics IPO allotment date is 8 September 2021. The allotted shares will be credited to your demat account by 13 September 2021.

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