Ajooni Biotech IPO

Ajooni Biotech IPOBusiness description - Ajooni Biotech is engaged in manufacturing, producing, processing and supplying of Cattle feed, Nutrients related to cattle feed and manufacturing & production of Animal health care suppliments. The company is registered with Department of Industries, Govt. of Punjab as Small Scale Industry (SSI) and also registered with Department of Dairy Development, Govt of Punjab.

It has entered into an Agreement with Patanjali Gramudyog Nyas, Haridwar (PATANJALI) (a unit of Yog Guru Baba Ramdev) for manufacturing of Cattle feed and Distribution of Cattle feed and feed supplements in their brand of Patanjali with 100% buy back arrangement for supplies in the states of Punjab, Himachal Pradesh, some parts of Jammu & Kashmir, Haryana and Rajasthan.

Ajooni Biotech also manufactures cattle feed & supplement under own brand name of “AUTUS ANIMAL HEALTHCARE”. For Marketing of its own brand in the market, it has a strong professional team which covers the area of Punjab, Haryana, Uttar Pradesh, Rajasthan and Jammu and Kashmir. Our product is well accepted in the market. It has a strong dealer & distribution network across these states. Our Factory is established at Gaib Di Pulli, Village Bullepur, Tehsil Khanna, Distt. Ludhiana measuring 13 kanal 2 Marla i.e. land.

Promoters of Ajooni Biotech – Mr Jasjot Singh and M/s Healthy Biosciences Private Limited

Ajooni Biotech IPO details
Subscription Dates 20 - 22 Dec 2017
IPO Price band INR30 per share
Fresh issue 2,196,000 shares (INR6.59 crore)
Offer for sale Nil
Total IPO size 2,196,000 shares (INR6.59 crore)
Minimum bid (lot size) 4,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Ajooni Biotech's consolidated financial performance (in INR lakh)
FY2013 FY2014 FY2015 FY2016 FY2017 5M FY2018
Total revenue 0.0 57.0 721.7 1,323.0 2,858.3 1,393.6
Total expenses 0.1 55.8 707.9 1,300.0 2,786.7 1,339.4
Profit after tax -0.1 0.8 7.3 9.7 27.6 16.4

Ajooni Biotech Limited
D-118, Industrial Area
Phase-7
Mohali, Punjab – 160055

Phone: +91 0172 5020 758
Email: info@ajoonibiotech.com
Website: www.ajoonibiotech.com

Day Subscription (no. of times)
Day 1 1.32
Day 2 4.21
Day 3 60.81

Earnings Per Share (EPS): INR2.89

Price/Earnings (P/E) ratio: 10.38

Return on Net Worth (RONW): 28.76%

Net Asset Value (NAV): INR10.05 per share

Cameo Corporate Services Limited
Subramanian Building, 1 Club House Road,
Chennai-600 002
Tamil Nadu, India

Phone: +91 44 2846 0390
Fax: +91 44 2846 0129
Email: cameo@cameoindia.com
Website: http://www.cameoindia.com

Ajooni Biotech IPO allotment status is now available on Cameo Corporate Services' website. Click on this link to get allotment status.

IPO Opening Date: 20 December 2017

IPO Closing Date: 22 December 2017

Listing Date: 2 January 2018

Listing Price on NSE SME: INR36 per share (up 20% from IPO price)

Closing Price on NSE SME: INR36 per share (up 20% from IPO price)

Ajooni Biotech IPO
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4 thoughts on “Ajooni Biotech IPO

  • December 19, 2017 at 4:39 PM
    Permalink

    Babaji ka haath, good for revenues but Patanjali squeezes too much from its suppliers. It is a poor business…

    Reply
  • December 18, 2017 at 2:55 PM
    Permalink

    Instead of investing in Ajooni Biotech one can BUY Sanwaria Consumer @ 21.80 tomorrow ( 19 December ) which is having strong Tie up with Patanjali and they supply Basmati Rice, Wheat , Soya many other products to Patanjali

    Reply
  • December 17, 2017 at 11:58 PM
    Permalink

    Gmp? Apply or avoid?

    Reply
  • December 17, 2017 at 11:57 PM
    Permalink

    Apply krna chahie ya nahi?

    Reply

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