IPO Synopsis

Ambo Agritec Ltd

Registered Office: 3 Pretoria Street,Chandrakunj Building 2nd Floor, Kolkata - 700071, West Bengal, India. Phone : 91-9831074747   Fax: Email : cs@amboagritec.com Website :www.amboagritec.com

Initial public offer of 34,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Ambo Agritec Limited (the "Eompany" or the "Issuer") for cash at a price of Rs. 30/- per equity share, including a share premium of Rs. 20/- per equity share (the "Issue Price"), aggregating to Rs. 10.20 crores ("The Issue"), of which 1,72,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 30/- per equity share, aggregating to Rs. 0.52 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 32,28,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 30/- per equity share, aggregating to Rs. 9.68 croress is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 36.19% and 34.36% respectively of the post issue paid-up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 30/- each i.e., 3.0 times of the face value of the equity shares. The minimum lot size is 4,000 equity shares Issue Opens On Closes On 21-Nov-22 24-Nov-22 Money Payable On Application Allotment 30.00 0.00 Minimum Application for shares in Nos : 4000 Further Multiples of : 4000 Cr Lead Managers to the Issue Project Cost (.Cr) 9.71 Finshore Management Services Ltd Project Financed through Current Offer (.Cr) 10.20   Post Issue Equity Share Capital (.Cr) 9.40 Issue Price () 30.00

Projects

To meet the working capital requirements General corporate purposes

Promoted By

Umesh Kumar Agarwal

Listing At

BSE - SME

Registrar to the Issue

No Data Available