Ami Organics Limited IPO – The Initial Public Offering (IPO) of Ami Organics Limited will be opening next week 1 September. The three-day IPO will close on 3 September. If you are planning to invest in this IPO then you must know these 10 basic information about this public issue. Also know the complete timeline about the IPO including allotment and listing date.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

The Ami Organics Limited IPO market timings is between 10 am to 5 pm.

See Zee Business Live TV Streaming Below:

Ami Organics Limited IPO – Top 10 Things to know

  1. Symbol - AMIORG
  2. Issue Period – 1 September 2021 to 3 September 2021
  3. Post issue Modification Period  06-Sep-2021 (10.00 A.M. to 11.00 A.M.). Cut-off time for UPI Mandate Confirmation is 6 September 2021 up to 12 pm
  4. Issue Size – The IPO comprises of fresh issue of up to Rs 200 cr and an Offer for Sale (OFS) of up to 6,059,600 equity shares. The issue is 100 per cent Book Building
  5. Price Range – Rs 603 to Rs 610. The face value is Rs 10 while the Ticket Size is Re 1.
  6. Bid Lot is 24 equity shares and in multiples thereof. The minimum order quantity is 24 equity shares.
  7. Maximum Subscription Amount for Retail Investor is Rs 200,000
  8. The Book Running Lead Managers (BRLMs) include Intensive Fiscal Services Private Limited, Ambit Private Limited and Axis Capital Limited while the sponsor bank is Axis Bank Limited.
  9. Categories - FI, IC, MF, FII, OTH, CO, IND and NOH
  10. Name of the Registrar is Link Intime India Private Limited

Ami Organics Limited IPO – Full Timeline

  • The issue ends on 3 September
  • The finalisation on the basis of allotment is expected to be on 9 September.
  • Initiation of refunds likely on 13 September.
  • The transfer of shares to demat accounts likely on 14 September.
  • Listing of stock is likely on 15 September.

The above information on the timeline of the issue is from the app of brokerage company Edelweiss.