AMBO Agritec IPO is a Kolkata-based company engaged in manufacturing Biscuits and outsourced manufacturing of Edible Oils, Vanaspati, Bengali Speciality Products, trading of Crude Linseed Oil, and Soyabean Meal.
AMBO Agritec IPO – Overview
| IPO Dates | 21-24 November 2022. |
| IPO Price | INR 30 per share |
| Fresh issue | 3,400,000 shares (INR 10.20 crore) |
| Offer For Sale | Nil |
| Total IPO size | 3,400,000 shares (INR 10.20 crore) |
| Minimum bid (lot size) | 4000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
AMBO Agritec IPO -Tentative Dates
| IPO Offer Opening Date | 21 November 2022 |
| IPO Closing Date | 24 November 2022 |
| Finalisation of Basis of Allotment | 29 November 2022 |
| Initiation of refunds | 30 November 2022 |
| Transfer of shares to demat accounts | 1 December 2022 |
| IPO Listing Date | 2 December 2022 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Company Overview
Incorporated in 1994, Ambo Agritec Limited is a Kolkata-based company engaged in manufacturing Biscuits and outsourced manufacturing of Edible Oils, Vanaspati, Bengali Speciality Products, trading of Crude Linseed Oil, and Soyabean Meal.
Ambo Agritec products are sold under the brand names ‘Happy Bites’ for Biscuits, ‘Happy Heart’ for Edible Oil, ‘Ambo Gold’ & ‘Vanaspati 2000’ for Vanaspati, and ‘Max Health’ for Bengali Speciality Products.
Competitive Strengths
- Manufacturing of Biscuits
- Outsourced Manufacturing of Edible Oil, Vanaspati, Bengali Speciality Products, etc. (through a third party)
- Trading of Crude Linseed Oil, Soyabean Meal
Objects of the Issue
- Expansion of Business.
- General Corporate Purposes.
Company Financials
| Particulars | 31-March-22 | 31-June-21 | 31-Mar-20 |
| Total Assets | 2553.75 | 2212.42 | 2113.76 |
| Total Revenue | 9485.54 | 4717.31 | 7428.14 |
| Profit After Tax | 119.27 | 19.11 | 31.99 |
Company Contact Information
AMBO Agritec Ltd
3, Pretoria Street, Chandrakunj Building,
2nd Floor, Kolkata – 700071
Phone: +91 98310 74747
Email: cs@amboagritec.com
Website: http://www.amboagritec.com/
Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
Lead Manager(s)
- Finshore Management Services Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
