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Ami Organics Ltd

Ami Organics Ltd

    Registered Office : Plot No 440/4 5&6,Road No 82/A GIDC Sachin,Surat Gujarat 394230 Phone : 91-261-2397193/91-7227977744
    Fax : 91-261-2398436

    Email : cs@amiorganics.com

    Website : www.amiorganics.com

Initial public offering of 9,338,288** equity shares of face value of Rs. 10 each ("equity shares") of AMI Organics Limited (The "Company" or "Issuer") for cash at a price of Rs. 610 per equity share (including a share premium of Rs. 600 per equity share) ("Offer Price") aggregating to Rs. 569.64** crores. The offer comprises of a fresh issue of 3,278,688** equity shares aggregating up to Rs. 200.00* crores ("Fresh Issue") and an offer for sale of 6,059,600 equity shares, constituting 700,000 equity shares by Parul Chetankumar Vaghasia ("Promoter selling shareholder"), 1,500,000 equity shares by Girishkumar Limbabhai Chovatia, 3,050,000 equity shares by Kiranben Girishbhai Chovatia, 174,600 equity shares by Aruna Jayantkumar Pandya(1), 87,300 equity shares by Hina Indreshbhai Shah, 87,280 equity shares by Harshad Ramlal Sheth, 76,200 equity shares by Dhirajlal Amrutlal Amlani, 75,000 equity shares by Vrushti Atulkumar Shah, 63,000 equity shares by Jolitbhai Jasvantlal Shah(2), 55,920 equity shares by Nishit Atulkumar Shah, 49,000 equity shares by Surabhi Yash Shah, 32,000 equity shares by Narmada Amrutlal Amlani, 26,500 equity shares by shanti Devi Kankaria, 19,000 equity shares by Divya Mahendrakumar Kankaria, 15,000 equity shares by Chovatiya Haresh H, 14,910 equity shares by Amitaben Jolitbhai Shah(3), 14,500 equity shares by Saryu Dhirajlal Amlani, 10,000 equity shares by Koladia Mehul M, 8700 equity shares by Jyotiben Rakeshbhai Lahoti(4) and 690 equity shares by Shah Disha Jolit(5) (collectively, "selling shareholders" and such equity shares "offered shares") aggregating to Rs. 369.64** crores ("offer for sale" and together with the fresh issue, the "offer"). The offer constitutes 25.63% of its post-offer paid-up equity share capital. * The company, in consultation with the BRLMS, has undertaken a Pre-IPO placement of Equity Shares Aggregating to Rs. 100 Crores, The ("Pre-ipo placement"). The Size of the fresh issue has been reduced by Rs. 100 Crores pursuant to the Pre-IPO Placement. Accordingly, The Fresh Issue size is up to Rs. 200 Crores. The Offer Price is Rs. 610 per Equity Share of face value of Rs. 10 each. The Offer Price is 61.00 times the face value of the Equity Shares.

Issue

Opens On

Closes On

01-Sep-2021

03-Sep-2021

Money Payable On

Application

Allotment

610.00

0.00

Minimum Application for shares in Nos : 24.0 Further Multiples of : 24.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

275.98

569.64

36.44

610.00

Ambit Pvt Ltd

Axis Capital Ltd

Intensive Fiscal Services Pvt Ltd

Projects
  • Repayment/Prepyment of certain Financial facilities availed by the Company
  • Funding Working Capital Requirements of the Company
  • General Corporate Purposes
Promoted By
  • Nareshkumar Ramjibhai Patel
  • Chetankumar Chhaganlal Vaghasi
  • Shital Nareshbhai Patel
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • MUFG Intime India Pvt Ltd