Ambey Laboratories Limited
Bookbuilding IPO · NSE
- Price band
- ₹65 - ₹68
- Lot size
- 2,000 shares
- Issue amount
- ₹44.68 cr
- Total subscription
- 159.71×
- Opens
- 4 Jul 2024
- Closes
- 8 Jul 2024
- Allotment
- 9 Jul 2024
- Listing
- 11 Jul 2024
Offer at a glance
Issue overview
- Issue size
- 65,70,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,30,000
- Fresh issue
- ₹40.31 cr
- Offer for sale
- ₹2.12 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹13,600
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,86,88,819
- Shares after issue
- 2,52,40,819
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,36,000 |
| HNI | 2 | 4,000 | ₹2,72,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 8.51 | 526.97 |
| RETAIL | 14.85 | 2,883.8 |
| NIB | 6.36 | 1,337.46 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 3.33 | 2.57 | 7.08 |
| ROE | 20.8 | 21.4 | 63.82 |
| ROCE | 13.14 | 12.75 | 12.53 |
| RONW | 20.8 | 21.4 | 63.82 |
| PRE IPO(PE) | 27.81 | 0 | 0 |
| POST IPO(PE) | 23.54 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Ambey Laboratories, incorporated in 1985, is a leading agrochemical manufacturer specializing in crop protection solutions and has been a key player in the industry for nearly four decades. Operating from its ISO 9001:2015 and ISO 14001:2015 certified facility in Behror, Rajasthan, the company is renowned for producing and supplying 2,4-D base chemicals and a diverse range of agrochemical formulations, including herbicides, insecticides, and fungicides. Its product portfolio features 2,4-D Acid 98% TC, 2,4-D Sodium 95% SP, 2,4-D Amine, Chlorpyriphos, Thiamethoxam, Pretilachlor, Metribuzin, Hexaconazole, and Metalaxyl, among others, catering to domestic and international markets. With a workforce of 220 employees as of October 31, 2023, Ambey Laboratories serves prominent corporate clients such as Aromatic Rasayan Private Limited, JR Jindal Infraprojects Private Limited, and SC Formulator Co. Ltd., reinforcing its position as a trusted supplier in the agrochemical sector.
Strengths
- Strategic Manufacturing Location: The Behror, Rajasthan facility provides logistical advantages, improving market reach and operational efficiency.
- Commitment to Quality: ISO 9001:2015 and ISO 14001:2015 certifications ensure high-quality, environmentally responsible agrochemical products.
- Strong Supplier Relations: Established, reliable partnerships with suppliers secure a steady flow of raw materials, supporting operational stability.
Risk factors
- Frozen Promoter Demat Account: SEBI's freeze on the promoter's demat account (as per the 11.02.2021 letter) raises concerns over corporate governance and financial stability, with details on reasons and duration unavailable.
- Client Concentration Risk: Heavy reliance on a few key clients makes revenue vulnerable; losing a major client could significantly impact business operations and profitability.
- Seasonal Business Fluctuations: Operations are affected by seasonal demand variations, influencing production, inventory management, and financial performance.
Promoters
Archit Gupta
Arpit Gupta
Sarina Gupta
Rishita Gupta
Registrar & documents
Lead manager
Fast Track Finsec Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Ground Floor, Property No.555 Tarla Mohalla, Ghitorni, West Delhi, New Delhi, -110030
0124-4000788
[email protected]Company website ↗Understanding AMBEY IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.