Ami Organics IPO Live Subscription Status

Live subscription status across each investor category and analyst recommendations
AMI-Organics-IPO-Subscription

Ami Organics IPO Subscription Status: FINAL

Ami Organics Limited, incorporated in 2004, is a research and development (“R&D”) driven manufacturer of specialty chemicals with varied end usage, focused towards the development and manufacturing of advanced pharmaceutical intermediates (“Pharma Intermediates”) for regulated and generic active pharmaceutical ingredients (“APIs”) and New Chemical Entities (“NCE”) and key starting material for agrochemical and fine chemicals, especially from the recent acquisition of the business of Gujarat Organics Limited (“GOL”).

Investor CategoryQuotaSubscription
Institutional (QIB)50%86.64x
Non-Insti. (HNI)15%154.81x
Retail (RII)35%13.36x
Total Subscription100%64.54x

Ami Organics IPO Subscription: End of Day Update

DayDay 1Day 2Day 3
QIB1.39x1.43x 86.64x
HNI0.40x 1.51x 154.81x
Retail2.82x 6.32x 13.36x
Total1.90x 3.90x 64.54x

Ami Organics IPO Subscription: Analyst Recommendations

CHOICE BROKING – SUBSCRIBE [ Report ]

“Anticipating lower profitability in the medium term, we feel that the issue is reasonably priced. Considering the dominant market positioning of the company in the manufacturing of pharma intermediates for certain high-growth high-margin therapeutic areas, business growth from the specialty chemicals and lower debt levels post-IPO, we assign a Subscribe rating for the issue.”

Anand Rathi – SUBSCRIBE

“The company has shown consistent financial performance. The financials for 2020-21 doesn’t include revenue from the acquisition of the two plants. We are positive on the long-term prospects of the company. Hence, we recommend a Subscribe rating to this IPO”

MARWADI SHARES AND FINANCE – SUBSCRIBE

“The company has a strong and diversified product portfolio supported by strong R&D and process chemistry skills and is available at reasonable valuation as compared to its peers”

Ami Organics IPO Subscription: Key IPO Details

TypeValue
Issue Size₹569.64 Cr
Open Date 1/09/2021
Close Date 3/09/2021
Face Value₹10/- per Equity Share
IPO Price₹603 – ₹610
Lot Size24 shares
LotsMin 1 – Max 13

Ami Organics IPO Subscription: Financials

201920202021
Revenue from Ops₹238.51 Cr₹239.64 Cr₹340.61 Cr
Profit before Excep*₹35.11 Cr₹34.75 Cr₹71.73 Cr
Profit after Tax23.29 Cr₹27.47 Cr₹54.00 Cr
EPS (Basic)7.408.7217.14
*Tax and Exceptional Items
As of March 2020EPS (Avg*)P/E (Floor)P/E (Cap)
Based on basic EPS29.0920.7320.97
* Weighted Average for last 3 years

Ami Organics IPO: Comparison with listed industry peers

CompanyP/E (Cap)
Ami Organics20.97
Highest (Vinati)75.51
Lowest (Neuland)31.60
Sector Average48.91

Ami Organics IPO Subscription – FAQs

1. How to apply for Ami Organics IPO in the Retail Category?

A: An investor in the retail category may either apply through the UPI process via DEMAT account or the ASBA process via bank account

2. How to apply for Ami Organics IPO in HNI Category?

A: An investor can apply in the HNI category only through the ASBA process via bank account

3. Where can I find the Red Herring Prospectus (RHP) details?

A: You can visit the NSE or SEBI website for these details. Alternately you can click here: RHP

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