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”).
Ami Organics IPO Subscription: End of Day Update
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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
|Issue Size||₹569.64 Cr|
|Face Value||₹10/- per Equity Share|
|IPO Price||₹603 – ₹610|
|Lot Size||24 shares|
|Lots||Min 1 – Max 13|
Ami Organics IPO Subscription: Financials
|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 Tax||₹23.29 Cr||₹27.47 Cr||₹54.00 Cr|
|As of March 2020||EPS (Avg*)||P/E (Floor)||P/E (Cap)|
|Based on basic EPS||29.09||20.73||20.97|
Ami Organics IPO: Comparison with listed industry peers
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