Ambey Laboratories Ltd

Ambey Laboratories Ltd IPO

IPO Price Range: ₹65 - 68

Ambey Laboratories Limited was founded by Mr. Anil Kumar Gupta along with Mr. Kewal Sehgal as a private limited company under the name and style of Ambey Laboratories Private Limited on 20th March,1985 registered under Companies Act, 1956 with a motive of carrying business activities in thechemical industry and a focus on crop protection to support the agricultural activities in the country.Besides this, Ambey carries on the activities in the field of manufacturing chemicals, compounds, herbal products, insecticides, pesticides and fungicides.Its operations are spread across India and abroad with manufacturing facility in Rajasthan- India, spanning for over 20183.50 SQM of land.The Company has continuously demonstrated strong growth throughout the years in a number of business areas and global expansions. Its ultimate goal is to further establish its standing as a dependable and trustworthy global and Indian partner.Presently the company manufactures 2,4-D Acid 98% TC, 2,4-D Sodium 95% SP 2,4-D Amine 866, 720, 480g/l SL 2,4-D Ethyl Hexyl Ester 96% TC 2,4-D Ethyl Ester 96% TC Chlorpyriphos 97%TC / 20%EC / 50%EC Thiamethoxam 96%TC / 25%WG / 75%SG Pretilachlor 95%TC / 50%EC / 37%EW Metribuzin 97%TC / 70%WS Hexaconazole 92%TC / 5%SC / 5%EC / 10%EC and Metalaxyl 98%TC / 35% WS for its customer base which comprises of large corporate.

Min Investment

₹1,36,000

IPO Size

₹44 Cr

IPO Status

Closed

Quantity in 1 Lot

2000

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Ambey Laboratories Ltd

Open Date4 Jul 2024
Close Date8 Jul 2024
Allotment Date9 Jul 2024
Listing Date11 Jul 2024

Key Statistics

Bid Opening DateBid Opening Date4 Jul 2024
Bid Closing DateBid Closing Date8 Jul 2024
Allotment DateAllotment Date9 Jul 2024
Issue SizeIssue Size₹44.68Cr
Quantity in 1 lotQuantity in 1 lot2000

Strength and risks

Strength

Strength

  • Experienced Management Team.

  • Prime Location of its Manufacturing Facility

  • Quality Assurance and Standards.

  • Cordial Relationships with its Suppliers.


Risk

Risk

  • A few of its properties including Registered Office of the Company, are not owned by it. In theevent, the company is unable to renew the lease/ rent agreements, or if such agreements are terminated, its may suffer a disruption in the company operations.

  • Rajasthan State Pollution Control Board has directed the company to deposit the amount to thetune of Rs.1,92,02,400 towards environment compensation.

  • Its Board of Directors and Management may change the company operating policies and strategies without prior notice or shareholders approval.

  • Some of the raw materials that the company use as well as its finished products are hazardous, corrosive and flammable and require expert handling and storage, as applicable. Any accidents may result in loss of life or property and disrupt its operations which may have an adverse effect on the company results of operation, cash flows and financial condition.

  • Its funding requirements and deployment of the issue proceeds are based on management estimates and have not been independently appraised by any bank or financial institution and actual cost may vary compared with the estimated amount.

  • Substantial portion of its revenues has been dependent upon the company few clients. The loss of any one or more of its major clients would have a material adverse effect on the companys business operations and profitability.

  • The Company, Promoters, Directors and group Companies are involved in certain litigations including tax related litigations, which if determined against them/it, can affect financial conditions of the company.

  • The company requires a number of approvals, licenses, registration and permits for its business and failure to obtain or renew them in a timely manner may adversely affect its operations. In some cases, the company may be operating without all the required permissions, risking civil and criminal sanctions.

  • Its results of operations could be adversely affected by strikes, work stoppages or increased wage demands by its employees / workers or any other kind of disputes with the company employees / workers.

  • The Company has obtained insurance coverage which may not adequately cover all potential losses to which its may be subject to, and this may have a material adverse effect on its business, result of operations and financial conditions.

Promoters Holding

Investors Holdings %
Archit Gupta0%
Arpit Gupta0%
Sarina Gupta93.1%
Rishita Gupta1.87%

About Ambey Laboratories Ltd

OrganisationAmbey Laboratories Ltd
HeadquartersNew Delhi
IndustryChemicals

Frequently Asked Questions

  • What is the size of the Ambey Laboratories Ltd IPO?

    The size of the Ambey Laboratories Ltd IPO is ₹44.68Cr .

  • What is 'pre-apply' for Ambey Laboratories Ltd IPO?

    'Pre-apply' for Ambey Laboratories Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Ambey Laboratories Ltd IPO order be placed?

    Your Ambey Laboratories Ltd IPO order will be placed on 4 Jul 2024.

  • What are the open and close dates of the Ambey Laboratories Ltd IPO?

    The open and close dates of the Ambey Laboratories Ltd IPO are 4 Jul 2024 to 8 Jul 2024.

  • What is the lot size and minimum order quantity of the Ambey Laboratories Ltd IPO?

    The lot size and minimum order quantity of the Ambey Laboratories Ltd IPO are 2000 and 2000 respectively.

  • What would be the listing gains on the Ambey Laboratories Ltd IPO?

    The potential listing gains on the Ambey Laboratories Ltd IPO will depend on various market factors and cannot be predicted with certainty.