Ami Organics IPO subscription to start from September 1, 2021, Wednesday. The retail portion of this IPO is 35%, QIB is 50% and HNI is 15% quota. The IPO subscription will close on September 3, 2021, Friday. The company to raise ₹569 crores via IPO at a price band of ₹603 to ₹610. The minimum bid for the IPO is 24 shares that cost ₹14,640 for l lot.
The Gujarat based Ami Organics is one of the leading specialty chemical manufacturers in India. They have good presence in local market in India and overseas as well. They supply products worldwide in 24 countries. The company reported ₹342 crores of revenues in 2021 against ₹242 crores in 2020. The PAT was stood at ₹53.99 crores in 2021 compared to ₹27.47 crores in 2020. Please check the Ami Organics IPO details over here.
IPOWatch View
We recommend investors to apply the IPO with caution. Investors should look at the QIB and HNI numbers before investing. Check the Ami Organics IPO allotment status here.
Ami Organics IPO Subscription Status (Final Data)
(Over Subscribed)
The Ami Organics IPO subscribed 64.54x on day 3. The subscription comprises Qualified Institutional Buyer (QIB) 86.64x, Non-institutional Bidders (NII) 154.34x and Retail (RII) 13.36x.
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 1.39x | 1.43x | 86.64x |
| NII | 0.40x | 1.51x | 154.34x |
| RII | 2.82x | 6.32x | 13.36x |
| Total | 1.90x | 3.90x | 64.54x |
Ami Organics IPO Date & Price Band
| IPO Open: | 01 September 2021 |
| IPO Close: | 03 September 2021 |
| IPO Size: | Approx ₹569.64 Crores |
| Fresh Issue: | Approx ₹200 Crores |
| Offer for Sale: | Approx ₹369.64 Crores (6,059,600 equity shares) |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹603 to ₹610 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| QIB Portion: | 50% |
| NII Portion: | 15% |
| Discount: | N/A |
Ami Organics IPO Market Lot
| Minimum Lot Size: | 24 Shares for 1 lot |
| Minimum Amount: | ₹14,640 for 1 lot |
| Maximum Lot Size: | 312 Shares for 13 lot |
| Maximum Amount: | ₹190,320 for 13 lot |
Ami Organics IPO Time Table
| Price Band Announcement: | 26 August 2021 |
| Anchor Investors Allotment: | 31 August 2021 |
| IPO Open Date: | 01 September 2021 |
| IPO Close Date: | 03 September 2021 |
| Basis of Allotment: | 08 September 2021 |
| Refunds: | 09 September 2021 |
| Credit to Demat Account: | 13 September 2021 |
| IPO Listing Date: | 14 September 2021 |
Ami Organics IPO Subscription FAQs:
When Ami Organics IPO Subscription will start?
The IPO subscription starts on 01 September 2021 for QIB, NII, and Retail Investors.
How much Ami Organics IPO subscribed?
The IPO subscribed 64.54xx times on day 3.
What is Ami Organics IPO Retail subscription status?
The RII subscription is 13.36x on day 3.
How to subscribe Ami Organics IPO?
You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.
How do i check live Ami Organics IPO Subscription Numbers?
One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE website. One can check the live subscription on BSE or NSE website on the particular IPO page.
