Ami Organics IPO Details
Ami 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)
| Â | Â | FY2019 | FY2020 | FY2021 |
| Revenue | Â | 238.9 | 242.5 | 342.0 |
| Expenses | Â | 203.8 | 207.7 | 270.3 |
| Net income | Â | 24.7 | 29.6 | 53.1 |
| Margin (%) | Â | 10.3 | 12.2 | 15.5 |
More about Ami Organics
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:Â 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:Â 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 |
| Â | Â | Â | Â | Â |
| Total | 65,42,342 | 1.90 | 3.90 | 64.54 |
Angel One – Neutral
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Motilal Oswal –
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Religare Broking – Long term positive
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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)
The investors’ portion for QIB-50%, NII-15%, and Retail 35%.
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.
Ami Organics IPO size is INR569.64 crores.
Ami Organics IPO Price Band is INR603 – 610 per share.
Ami Organics IPO lot size and the minimum order is 24 shares.
Ami Organics IPO allotment date is 8 September 2021. The allotted shares will be credited to your demat account by 13 September 2021.
