Ambey Laboratories Limited (NSE SME)

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Ambey Laboratories Limited (NSE SME)

July 4, 2024 – July 8, 2024

Price ₹65 - ₹68
Premium ₹28
Lot size 2000
Allotment Jul 9, 2024
Listing Jul 11, 2024

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Last updated on 08-Jul-2024 17:03:02

CategoryOfferedAppliedTimes
QIB12520007749600061.9
NIB936000196686000210.13
RETAIL2184000424088000194.18
Total4372000698270000159.71
Retail Apps212044© IPO Premium
HNI Interest Cost Per Share (7 Days)
@7%
₹19.18
@8%
₹21.92
@9%
₹24.66
@10%
₹27.4
@11%
₹30.14
@12%
₹32.88

About

Category Lot(s) Qty Amount Reserved
Retail 1 2000 136000 1092
HNI 2 4000 272000 468
Ambey Laboratories IPO Reservation
Investor CategoryShares OfferedNo. of Shares
Retail33.24%2184000
NII (HNI)14.25%936000
QIB 19.05%1252000
Anchor28.44%1868000
Market Maker5.02%330000
Total 100.00%6570000
Ambey Laboratories IPO Details
Total Issue Size6,570,000  shares
(aggregating up to ₹[44.68] Cr)
Fresh Issue6,258,000 shares
(aggregating up to ₹[42.55] Cr)
Offer for Sale312,000 shares of ₹10
(aggregating up to ₹[2.12 ] Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue18,688,819
Share holding post issue25,240,819
Market Maker portion

330,000 shares

Nikunj Stock Brokers

Key Performance Indicators
KPIJan-24Mar-23Mar-22
ROE20.80%21.40%63.82%
ROCE13.14%12.75%12.53%
D/E0.580.580.95
RONW20.80%21.40%63.82%

EPS

Diluted

3.332.577.08

P/E

Pre IPO

27.81

P/E

Post IPO

23.54
Financial Statement (Restated)
Period EndedJan-24Mar-23Mar-22Mar-21
Assets8,620.845,761.855,592.944,461.80
Revenue10,043.6910,743.478,511.198,241.54
Profit After Tax607.73456.93357.471,033.67
Net Worth3,431.342,363.601,906.67-786.39
Reserves and Surplus1,562.46588.66131.73-1,275.74
Total Borrowing2,005.441,365.221,804.863,292.98
Amount in  Lakhs
About Company

Ambey Laboratories, incorporated in 1985, specializes in manufacturing agrochemical products for crop protection and has been a stalwart in the agrochemical sector for almost four decades. The company is renowned for producing and supplying 2,4-D base chemicals, operating from its ISO 9001:2015 and ISO 14001:2015 certified manufacturing facility in Behror, Rajasthan. Its product lineup includes 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. With a workforce of 220 employees as of October 31, 2023, Ambey Laboratories serves a diverse customer base, including large corporates like Aromatic Rasayan Private Limited, JR Jindal Infraprojects Private Limited, and SC Formulator Co. Ltd.

Strength Factors

Prime Location of our Manufacturing Facility: Ambey Laboratories' manufacturing facility in Behror, Rajasthan, is strategically located, enhancing logistical efficiency and accessibility to key markets.

Quality Assurance and Standards: The company is committed to maintaining high standards of quality, evidenced by its ISO 9001:2015 and ISO 14001:2015 certifications, ensuring the production of reliable and environmentally responsible agrochemical products.

Cordial Relationships with our Suppliers: Ambey Laboratories has established strong, cooperative relationships with its suppliers, which ensures a steady supply of high-quality raw materials and contributes to the company's overall operational stability and success.

Risk Factors

Frozen Promoter Demat Account: The promoter's demat account has been frozen as per an SEBI letter dated 11.02.2021, with the reasons and duration of the freeze unclear due to the unavailability of the letter, potentially impacting corporate governance and financial operations.

Client Dependency: A substantial portion of the company's revenue depends on a few key clients, and the loss of any major client could materially and adversely affect business operations and profitability.

Business Seasonality: The company's operations are subject to seasonal fluctuations, which can impact production schedules, inventory management, and overall financial performance. 

Strength

Weakness

Lead Manager(s)

Address

Ambey Laboratories Limited

Ground Floor, Property No.555 Tarla Mohalla,

Ghitorni, West Delhi

New Delhi, -110030

Phone: 0124-4000788

Email: cs@ambeylab.com

Website: http://www.ambeylab.com/

Registrar

Link Intime India Private Ltd
Address: Link Intime India Private Ltd Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai - 400083