Ambani Organics IPO

Ambani Organics IPOBusiness description - Ambani Organics is a manufacturer, processor, importer, supplier and exporter of water based speciality chemicals used in Paper Industry, Paint Industry, Textile Industry, Carpet Industry, Adhesive Industry, etc. The company was incorporated in the year 1985 and is engaged in the business of speciality chemicals for more than 3 (three) decades. It is an “ISO 9001:2015 – Quality Management System” certified company and has also obtained GOTS (Global Organic Textiles Standards) certification for some of its textile industries chemicals.

Over the years, it has developed good standing with customers from various industries such as Textile Auxiliaries, Acrylic Polymers, Binders and Paint Driers. The company has 2 (two) manufacturing facilities in Maharashtra located adjacent to each other with one at Plot No. N-44, MIDC, Tarapur Boisar, Thane, Maharashtra – 401506 and the second manufacturing facility at Plot No. N-43, MIDC, Tarapur Boisar, Thane, Maharashtra – 401506.

Promoters of Ambani Organics – Mr Rakesh Shah and Mrs Apooni Shah
Ambani Organics IPO details
Subscription Dates 6 - 10 July 2018
IPO Price band INR66 per share
Fresh issue 1,268,000 shares (INR8.37 crore)
Offer for sale 100,000 shares (INR0.66 crore)
Total IPO size 1,368,000 shares (INR9.03 crore)
Minimum bid (lot size) 2,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Use of funds
  • Funding Long Term Working Capital Requirement - INR7.24 crore
  • General Corporate Purposes - INR0.59 crore
Ambani Organics' financial performance (in INR crore)
FY2014 FY2015 FY2016 FY2017 FY2018
Total revenue 34.2 37.7 32.9 52.9 65.6
Total expenses 33.7 43.1 32.1 51.5 63.2
Profit after tax 0.3 -2.4 -0.4 0.8 1.8
Ambani Organics' Contact Details

Ambani Organics Limited
801, 8th Floor, 351 ICON, Next to Nataraj Rustomjee
Western Express Highway, Andheri (East)
Mumbai – 400 069

Phone: +91 22 2683 3778

Ambani Organics IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.86
Day 2 1.04
Day 3 1.36
Ambani Organics Valuation (Latest FY)

Earnings Per Share (EPS): INR5.02

Price/Earnings (P/E) ratio: 13.15

Return on Net Worth (RONW): 32.50%

Net Asset Value (NAV): INR15.45 per share

Registrar of Ambani Organics IPO

Universal Capital Securities Private Limited
21, 25, 33, Shakil Niwas, Opposite Satya Sai Baba Mandir,
Mahakali Caves Road, Seepz, Andheri (E)
Mumbai - 400 093

Phone: +91 22 2820 7203
Fax: +91 22 2820 7207

Ambani Organics IPO Allotment Status

Ambani Organics IPO allotment status is now available on Universal Capital's website. Click on this link to get allotment status.

Listing performance of Ambani Organics

IPO Opening Date: 6 July 2018

IPO Closing Date: 10 July 2018

Finalisation of Basis of Allotment: 13 July 2018

Initiation of refunds: 16 July 2018

Transfer of shares to demat accounts: 17 July 2018

Listing Date: 18 July 2018

Listing Price on NSE SME: INR66.65 per share (up 0.98% from IPO price)

Closing Price on NSE SME: INR66.60 per share (up 0.91% from IPO price)

Ambani Organics IPO
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