Ambey Laboratories Limited

Company Profile
Company Name Ambey Laboratories Limited
Open Date 04-07-2024
Close Date 08-07-2024
Exchange NSE SME
Lot Size 2000 Shares
Issue Price ₹65 to ₹68 per share
Issue Size 65,70,000 shares
Application Amount ₹ 1,36,000
Recommendation Avoid
Ambey Laboratories, incorporated in 1985, manufactures agrochemical products for crop protection. The company has been serving the agrochemical sector for almost four decades. The company manufactures and supplies 2,4-D base chemicals. The company's manufacturing facility in Behror, Rajasthan, is certified with ISO 9001:2015 by the Quality Research Organization and ISO 14001:2015 by the United Accreditation Foundation. As of October 31, 2023, the company employs 220 people in various departments.
(Read more on the review)

Financial Summary in Lakhs

KPI’s FY 22 2023 Jan-24
Revenue 8,460.07 10,482.12 10,031.76
EBITDA 773.21 769.45 1,067.43
Net Profit 357.47 456.93 602.73
RoCE 13.86% 12.67% 15.92%
ROE 18.75% 19.33% 17.57%
P/E 9.60 26.46 20.42

Tentative Timeline

Opening Date 04-07-2024
Closing Date 08-07-2024
Basis of Allotment 09-07-2024
Initiation of Refunds 10-07-2024
Credit of Shares to Demat 10-07-2024
Listing Date 11-07-2024

Objects of the Issue

To meet Working Capital Requirements.
General Corporate Expenses.
Issue related expenses.

Contact Information

Registered Office Ambey Laboratories Limited Ground Floor, Property No.555 Tarla Mohalla, Ghitorni, West Delhi New Delhi, -110030
Phone 0124-4000788
Email cs@ambeylab.com
Website http://www.ambeylab.com/

Registrar Details

Name Link Intime India Private Ltd
Phone +91-22-4918 6270
Email ambeylab.ipo@Linkintime.co.in
Website https://linkintime.co.in/initial_offer/public-issues.html

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 94.97%
Share Holding Post Issue (Promoters) 69.90%

Contact Us to Enable Your Success!