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.
The company’s state-of-the-art manufacturing plant for biscuits is situated at Mangalpur Industrial Estate, Raniganj in the state of West
Bengal, India. AMBO Agritec manufacturing facility well equipped with machineries and other handling equipment to facilitate smooth
manufacturing process.
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.
The Company Operates in the following segments:
- Manufacturing of Biscuits.
- Outsourced Manufacturing of Edible Oil, Vanaspati, Bengali Speciality Products etc. (through third party)
- Trading of Crude Linseed Oil, Soyabean Meal etc.
AMBO Agritec IPO – Details
| IPO Opening Date | 21 November 2022 |
| IPO Closing Date | 24 November 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹10.20 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹30 |
| Market Lot | 4000 Shares |
| Min Order | 4000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Cameo Corporate Services Limited |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
AMBO Agritec IPO – Date Schedule
| IPO Open Date | 21 November 2022 |
| IPO Close Date | 24 November 2022 |
| Basis of Allotment Date | 29 November 2022 |
| Initiation of Refunds | 30 November 2022 |
| Credit of Shares to Demat Account | 01 December 2022 |
| IPO Listing Date | 02 December 2022 |
AMBO Agritec IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 4000 | 1,20,000 |
| Maximum | 1 | 4000 | 1,20,000 |
Competitive Strengths
- Established and proven track record;
- Leveraging the experience of the Promoters;
- Experienced management team and a motivated and efficient work force;
- Cordial relations with the customers;
- Quality Assurance & Control.
Company Promoters
- Mr. Umesh Kumar Agarwal
Object Of The Issue
- To meet the working capital requirements
- To meet the Issue Expenses
- General Corporate Purposes
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 74.28 | 73.99 | 0.32 |
| 31 March 2021 | 47.17 | 46.88 | 0.19 |
| 31 March 2022 | 94.85 | 92.91 | 1.19 |
AMBO Agritec IPO Promoter Holding
| Pre Issue Share Holding | 94.96% |
| Post Issue Share Holding |
AMBO Agritec IPO Prospectus
Company Contact Information
| AMBO Agritec Limited 3, Pretoria Street, Chandrakunj Building, 2nd Floor, Kolkata – 700071 Phone: +91 98310 74747 Email: cs@amboagritec.com Website: http://www.amboagritec.com/ |
AMBO Agritec IPO Registrar
| Cameo Corporate Services Limited Phone: +91-44-28460390 Email: investor@cameoindia.com Website: https://ipo.cameoindia.com/ |
AMBO Agritec IPO Lead Manager(s)
| 1. Finshore Management Services Limited |
AMBO Agritec IPO FAQs
| What is AMBO Agritec IPO? AMBO Agritec IPO is a SME IPO. The issue is priced at ₹30 per equity share. The IPO is to be listed on BSE SME. |
| When AMBO Agritec IPO will open? The IPO is to open on 21 November 2022 for NII and Retail Investors. |
| What is AMBO Agritec IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to AMBO Agritec IPO? You can apply AMBO Agritec IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the AMBO Agritec IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “AMBO Agritec”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the AMBO Agritec IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “AMBO Agritec”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the AMBO Agritec IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “AMBO Agritec”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the AMBO Agritec IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “AMBO Agritec”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is AMBO Agritec IPO Size? AMBO Agritec IPO size is ₹10.20 crores. |
| What is AMBO Agritec IPO Price Band? AMBO Agritec IPO Price Band is ₹30. |
| What is AMBO Agritec IPO Minimum and Maximum Lot Size? The minimum bid is 4000 Shares with ₹1,20,000 amount while the maximum bid is 4000 shares with ₹1,20,000. |
| What is the AMBO Agritec IPO Allotment Date? AMBO Agritec IPO allotment date is 29 November 2022. |
| What is the AMBO Agritec IPO Listing Date? AMBO Agritec IPO listing date is 02 December 2022. The IPO is to list on BSE SME. |
