On the last day of bidding for the Ambey Laboratories IPO, the issue was subscribed 173.18 times. Qualified Institutional Buyers (QIBs) subscribed 61.90 times, Non-Institutional Buyers (NIIs) subscribed 324.22 times, and Retail investors subscribed 195.06 times, according to chittorgarh.com.
The SME IPO, which aims to raise Rs 44.68 crore, included a fresh issue of 62.58 lakh shares worth Rs 42.55 crore and an offer for sale of 3.12 lakh shares totaling Rs 2.12 crore. The IPO price band was set at Rs 65 to Rs 68 per share, with a minimum lot size of 2000 shares for retail investors.
The allotment for Ambey Laboratories IPO will be finalised on Tuesday, July 9.
Investors who bid for the issue can check Ambey Laboratories' IPO allotment status on Link Intime India Private Ltd.
How to check Ambey Laboratories IPO allotment status on Link Intime India
Visit the official website of Link Intime India Private Limited: https://linkintime.co.in/Initial_Offer/public-issues.html
Select "Ambey Laboratories Limited" from the drop-down menu.
Choose one of the four options: Application number, DP/Client ID, Accoun number/IFSC, or PAN.
Provide the relevant details of the selected mode.
Click on the "Submit" button.
The allotment status will be displayed on the screen.
Ambey Laboratories IPO Listing Date
Ambey Laboratories IPO will list on NSE Emerge with a tentative date of Thursday, July 11.
Ambey Laboratories IPO Important Dates
IPO Open Date: Thursday, July 4
IPO Close Date: Monday, July 8
Basis of Allotment: Tuesday, July 9
Initiation of Refunds: Wednesday, July 10
Credit of Shares to Demat: Wednesday, July 10
Listing Date: Thursday, July 11
About Ambey Laboratories Limited
Ambey Laboratories Limited, established in 1985, specialises in manufacturing agrochemical products for crop protection. With nearly four decades of experience, the company operates from its certified facility in Behror, Rajasthan. Ambey Laboratories is known for producing a range of chemicals like 2,4-D base chemicals, Chlorpyriphos, Thiamethoxam, and others. Their products cater to a diverse customer base, including major companies such as Aromatic Rasayan Private Limited and JR Jindal Infraprojects Private Limited. Ambey Laboratories employs 220 people across various departments as of October 2023.