Ambey Lab IPO Details
- Open Date 03-Jul-24
- Close Date 05-Jul-24
- Lot Size 2000
- IPO Size ₹ 46.68 Cr
- IPO Price Range ₹ 65 to ₹ 68
- Min Investment ₹ 136,000
- Listing Exchange NSE SME
- Basis of Allotment 08-Jul-24
- Refunds 09-Jul-24
- Credit to Demat Account 09-Jul-24
- Listing Date 10-Jul-24
Ambey Lab IPO Synopsis
Ambey Laboratories IPO is all set to open from 3rd July to 5th July 2024. The company manufactures agrochemical products. The IPO includes a fresh issue of 6,552,000 shares and an Offer for Sale of 312,000 shares. The share allotment date and the IPO listing dates are yet to be announced. The price band is ₹65 to ₹68 per share and the lot size is 2000 shares.
Fast Track Finsec Private Limited is the book-running lead manager for this IPO, while Link Intime India Private Limited is the registrar.
Objectives of Ambey Lab IPO:
Ambey Laboratories Limited plans to utilize the raised capital from the IPO to:
● To fund Working Capital Requirements.
● General corporate purposes.
● To fund the public issue expenses.
About Ambey Laboratories
Ambey Laboratories manufactures agrochemical products that protect crops. The company produces and sells s '2,4-D base chemicals as per Environmental, Health, and Safety (EHS) regulations. Its manufacturing unit is based in Behror, Rajasthan, India.
Some of the popular products manufactured by Ambey are 2,4-D Acid 98% TC, 2,4-D Sodium 95% SP 2,4-D Amine 866 | 720 | 480g/l SL 2,4-D Ethyl Hexyl Ester 96% TC 2,4-D Ethyl Ester 96% TC Chlorpyriphos 97%TC / 20%EC / 50%EC Thiamethoxam 96%TC / 25%WG / 75%SG Pretilachlor 95%TC / 50%EC / 37%EW Metribuzin 140 97%TC / 70%WS Hexaconazole 92%TC / 5%SC / 5%EC / 10%EC and Metalaxyl 98%TC / 35%WS. It supplies these products to clients like Aromatic Rasayan Private Limited, JR Jindal Infra-projects Private Limited, SC Formulator Co. Ltd. and more.
It also has various certifications like ISO 9001:2015 and ISO 14001:2015, as well as various other accreditations and recognition from renowned organizations across the globe. The company has implemented backward integration for ZLD (Zero Liquid Discharge).
Peer Comparison
● Atul Limited
● Meghmani Organics Limited
Ambey Laboratories Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 104.82 | 84.60 | 81.73 |
| EBITDA | 11.02 | 10.85 | 10.40 |
| PAT | 4.56 | 3.57 | 10.33 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 57.61 | 55.92 | 44.61 |
| Share Capital | 17.74 | 17.74 | 4.89 |
| Total Borrowings | 33.98 | 36.86 | 52.48 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | 9.44 | 5.60 | 2.74 |
| Net cash from / (used in) investing activities | -3.08 | -0.75 | -1.16 |
| Net cash flow from / (used in) financing activities | -6.23 | -5.07 | -1.49 |
| Net increase (decrease) in cash and cash equivalents | 0.12 | -0.22 | 0.085 |
Ambey Lab IPO Key Points
-
Strengths
1. The company’s manufacturing unit is strategically located.
2. Quality Assurance Standards are strictly followed.
3. It has cordial relationships with suppliers.
4. Experienced promoters and management team.
-
Risks
1. The company requires a number of approvals, licenses, registrations and permits to run the business.
2. The business is seasonal in nature.
3. It has reported negative cash flow in the past.
4. It operates in a competitive industry.
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
Open account in 5 minutes
Be a part of the 5paisa community now with 10 million mobile app users
Ambey Lab IPO FAQs
When does Ambey Laboratories IPO open and close?
Ambey Laboratories IPO opens from 3rd July to 5th July 2024.
What is the size of Ambey Laboratories IPO?
The size of Ambey Laboratories IPO is ₹46.68 cr.
How to apply for Ambey Laboratories IPO?
To apply for Ambey Laboratories IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for Ambey Laboratories IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
What is the price band of Ambey Laboratories IPO?
The price band of Ambey Laboratories IPO is fixed at ₹65 to ₹68 per share.
What is the minimum lot size and investment required for Ambey Laboratories IPO?
The minimum lot size of Ambey Laboratories IPO is 2000 shares and the investment required is ₹ 136,000.
What is the allotment date of Ambey Laboratories IPO?
The share allotment date of Ambey Laboratories IPO is 8th July 2024.
What is Ambey Laboratories IPO listing date?
The Ambey Laboratories IPO will be listed on 10th July 2024.
Who are the book runners for Ambey Laboratories IPO?
Fast Track Finsec Private Limited is the book-running lead manager for Ambey Laboratories IPO.
What is the objective of Ambey Laboratories IPO?
Ambey Laboratories plans to utilize the raised capital from the IPO to:
● To fund Working Capital Requirements.
● General corporate purposes.
● To fund the public issue expenses.