{"id":28591,"date":"2024-07-03T14:27:18","date_gmt":"2024-07-03T08:57:18","guid":{"rendered":"https:\/\/livemumbai.in\/index.php\/2024\/07\/03\/ambey-laboratories-limited-ipo-opens-on-july-04-2024\/"},"modified":"2024-07-03T14:27:18","modified_gmt":"2024-07-03T08:57:18","slug":"ambey-laboratories-limited-ipo-opens-on-july-04-2024","status":"publish","type":"post","link":"https:\/\/livemumbai.in\/index.php\/2024\/07\/03\/ambey-laboratories-limited-ipo-opens-on-july-04-2024\/","title":{"rendered":"Ambey Laboratories Limited IPO Opens on July 04, 2024"},"content":{"rendered":"
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Mumbai (Maharashtra) [India], July 3:<\/strong> Ambey\u00a0Laboratories Limited,\u00a0anagrochemical products manufacturer,\u00a0has announced its plan to go public with an Initial Public Offering on\u00a0July\u00a003, 2024(For Anchor Investor) and July 04, 2024 (For other than Anchor Investor).\u00a0The company is aiming to raise\u00a0\u20b9\u00a044.67 Crores\u00a0at\u00a0upper price band\u00a0through\u00a0this IPO, with shares set to be listed on the\u00a0NSE\u00a0Emerge.<\/p>\n

The issue size is Up\u00a0to\u00a065,70,000\u00a0equity\u00a0shares at face value of\u00a0\u20b9\u00a010 each.\u00a0<\/p>\n

Equity Share Allocation<\/strong><\/p>\n

\u2022\u00a0QIB Anchor Portion \u2013 Up To\u00a018,72,000 Equity Shares \u00a0\u00a0<\/p>\n

\u2022\u00a0Qualified Institutional Buyers (QIB) \u2013 Up To\u00a012,48,000 Equity Shares \u00a0\u00a0<\/p>\n

\u2022\u00a0Non-Institutional Investors (NII) \u2013\u00a0Up To\u00a09,36,000 Equity Shares \u00a0\u00a0<\/p>\n

\u2022\u00a0Retail Individual Investors (RII) \u2013\u00a0Up To\u00a021,84,000 Equity Shares \u00a0\u00a0<\/p>\n

\u2022\u00a0Market Maker \u2013\u00a0Up To\u00a03,30,000 Equity Shares \u00a0\u00a0<\/p>\n

The net proceeds from the IPO will be utilized\u00a0for\u00a0Funding the working capital requirements of\u00a0the\u00a0Company and\u00a0to meet\u00a0General corporate purposes.<\/p>\n

The\u00a0Book Running\u00a0Lead Manager to the Issue\u00a0is\u00a0Fast Track\u00a0Finsec\u00a0Private Limited.\u00a0The Registrar to the Issue is\u00a0Link Intime India Private Limited.<\/p>\n

Mr.\u00a0Archit Gupta, CEO\u00a0of\u00a0Ambey\u00a0Laboratories Limited\u00a0stated,\u00a0\u201cwe are marking a significant milestone in our growth journey, showcasing our strong conviction in our company\u2019s proficiency and\u00a0commitment to seize\u00a0new opportunities to strengthen our market position. With\u00a0two\u00a0decades of expertise and advanced technology, we are dedicated to provide\u00a0a diverse range of products to key market players both locally and globally. This decision marks a pivotal moment for us, enhancing our corporate standing and recognition. We envision this initiative bringing numerous benefits, ultimately adding significant value to our company as a whole.\u00a0\u201c<\/p>\n

Mr. Vikas Verma, Director of Fast Track Finsec Private Limited said, \u201d I\u2019m glad about the upcoming IPO of AmbeyLaboratories Limited. The company has consistently demonstrated remarkable resilience and adaptability in the agrochemical sector. Their diverse operations, which include the manufacturing and distribution of a wide range of agrochemical products, showcase their strategic prowess and commitment to meeting industry demands. The company is well-positioned for future growth. Their commitment towardsinnovation and sustainability makes them an attractive investment opportunity. I believe this IPO brings a promising prospect.\u201d<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], July 3: Ambey\u00a0Laboratories Limited,\u00a0anagrochemical products manufacturer,\u00a0has announced its plan to go public with an Initial Public Offering on\u00a0July\u00a003, 2024(For Anchor Investor) and […]<\/p>\n","protected":false},"author":1,"featured_media":28592,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[623],"class_list":["post-28591","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/posts\/28591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/comments?post=28591"}],"version-history":[{"count":0,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/posts\/28591\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/media\/28592"}],"wp:attachment":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/media?parent=28591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/categories?post=28591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/tags?post=28591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}