AMBO Agritec IPO Price
The firm will be opening its IPO on Monday, 21st November 2022, and shut down on Thursday, 24th November 2022. The firm has fixed the price of this IPO at Ruppess 30 as per the face value of Rs 10. The firm will raise the money ₹10.20 Crores via this IPO underneath the 34,00,000 Equity Shares public issue. As per the details, the firm has reserved shares 50% for Retail Investor and 50% in this IPO. The reports further added that the offer is a hundred percent Fixed Price Issue. Now before talking about things in detail it is better to have some basic knowledge of the firm so that investors get to know whether they are actually interested in buying shares of this firm or not. The firm was incorporated in the year 1994, and it is a Kolkata-based firm involved in manufacturing or producing Biscuits
AMBO Agritec IPO Review
And outsourced producing of Bengali Speciality Products, Soyabean Meal, Edible Oils, trading of Crude Linseed Oil, and Vanaspati. This firm uses raw materials of good and premium quality sourced from well-known and prestigious local suppliers for manufacturing Biscuits and raw materials imported from Vanaspati & Edible Oils. The products of Ambo Agritec are sold under the brand names
AMBO Agritec IPO Date
“Happy Heart” is used for Edible Oil, “Happy Bites” is used for Biscuits, “Vanaspati 2000” & “Ambo Gold” for Vanaspati, and for Bengali Speciality Products the firm use brand “Max Health”. The firm brand-new producing plant for making biscuits is located at Mangalpur Industrial Estate, Raniganj exactly situated in the state of West Bengal in India. The object of the firm is to meet the requirements of serving the capital,
Issue offer- Fixed Price Issue IPO Open- Monday, 21st November 2022 IPO Close- Thursday, 24th November 2022 IPO Size- ₹10.20 Cr (34,00,000 Shares) Face Value- Equity Share Of ₹10 Price Band- ₹30 Per Share Listing On- SME, BSE Issue Size- ₹10.20 Cr (34,00,000 Shares) Fresh Issue- ₹10.20 Cr (34,00,000 Shares)
In order to meet the expenses of the issue and the purposes of general corporate. Scroll down to know the IPO Date And Price Band Of AMBO Agritec. The IPO Minimum Market of AMBO Agritec is 1 Lot with 4K shares with the Application amount of ₹120,000. The IPO bid date of AMBO is from Monday, 21st November 2022 at around 10:00 AM to Thursday, 24th November 2022 at around 05:00 PM.
Opening Date- Monday, 21st November 2022 Closing Date- Thursday, 24th November 2022 Basis Of Allotment- Tuesday, 29th November 2022 Initiation of Refunds- Wednesday, 30th November 2022 The credit of Shares to Demat- Thursday, 1st December 2022 Listing Date- Friday, 2nd December 2022
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