Ambo Agritec Ltd - IPO

Ambo Agritec Ltd IPO Details

Initial public offer of 34,00,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Ambo Agritec Limited (the Eompany or the Issuer) for cash at a price of Rs. 30/- per equity share, including a share premium of Rs. 20/- per equity share (the Issue Price), aggregating to Rs. 10.20 crores (The Issue), of which 1,72,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 30/- per equity share, aggregating to Rs. 0.52 crores will be reserved for subscriptions by the market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 32,28,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 30/- per equity share, aggregating to Rs. 9.68 croress is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 36.19% and 34.36% respectively of the post issue paid-up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 30/- each i.e., 3.0 times of the face value of the equity shares. The minimum lot size is 4,000 equity shares

Objective of issue

To meet the working capital requirements. General corporate purposes.

Ambo Agritec Ltd Contact Details

Ambo Agritec Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - cs@amboagritec.com

Website - www.amboagritec.com