AMI Organics Ltd. IPO

It is one of the leading R&D driven manufacturers of specialty chemicals with varied end usage, focused towards the development and manufacturing of API.

RHP
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DRHP
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Open Date

2021-09-01

Close Date

2021-09-03

AMI Organics Ltd. IPO Details

Check out the issue details for AMI Organics Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 610

Price Band

₹ 603 - 610

Issue Size

569.64 Cr.

Issue Type

Book Built

Open

2021-09-01

Close

2021-09-03

Listingprice

₹ 910

ListingGain

49.18%

Listing Date

2021-09-14

CMP

₹ 2097.95

Current Return

243.93%

Company Financials

You can get the following financial statements of AMI Organics Ltd. as of now.

The details about the AMI Organics IPO is as:

  • The issue size of the IPO is 569.64 Cr.
  • The price band ranges from Rs 603 to Rs 610.
  • The issue is to open on 1st September 2021.
  • The shares will list on 14th September 2021.
  • The shares of Ami Organics IPO is subscribed 65.54 times in total.
  • The shares of Ami Organics got listed at Rs 910 with a listing gain of 49.18%.

 

Valuation

The approx valuation of Ami Organics IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 610
Market Cap ~2291 Cr
Existing Shares (Qty) 3.31 Cr
Fresh Issue (Amount) 200 Cr
EPS (FY21) Rs 17.14
PE  ~35.5x
Industry PE ~49x

 

Issue

Ami Organics IPO issue size is ~570 Cr.

Issue Amount
Fresh Issue 200 Cr
Offer For Sale 369.64 Cr

 

Market Lot

An Individual can apply for a minimum 1 lot of 24 shares and a maximum of 13 lots of 312 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 24 Rs 14,640
 Maximum 13 312 Rs 1,90,320

 

AMI Organics IPO Subscription

AMI Organics IPO is subscribed 65.54 times till 3rd September. It is Oversubscribed as of now. The category-wise subscription is as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 86.64 Times
Non-Institutional Minimum 15% 154.81 Times
Retail Individual Minimum 35% 13.36 Times
Total   65.54 Times

 

Once you have subscribed to an IPO, you have to wait for its allotment to your account. Find below the dates of allotment of Ami Organics IPO:

Schedule Date
Basis of Allotment 8 September 2021
Refunds 9 September 2021
Credit to Demat Account 13 September 2021
IPO Listing Date 14 September 2021

 

When the allotment is out, you can check it from the registrar's website. Find the Ami Organics IPO allotment status here.

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 239.64 340.61 520.14 616.73 687.58
Total Expenditure 198.56 260.41 414.96 494.07 579.92
Operating Profit 41.08 80.2 105.18 122.66 107.67
Other Income 2.77 1.33 2.76 4.32 13.79
Interest 5.59 5.62 6.41 2.41 5.89
Depreciation 3.52 4.19 10.08 12.34 14.69
Exceptional Items 0 0 0 0 -31.75
Profit Before Tax 34.75 71.73 91.45 112.22 69.11
Provision for Tax 7.28 17.73 19.5 28.88 25.42
Net Profit 27.47 54 71.95 83.34 43.68
Adjusted EPS (Rs.) 0.87 0.57 1.97 2.29 1.18

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 10.5 31.5 36.44 36.44 36.88
Total Reserves 97.48 132.45 481.57 550.35 638.23
Borrowings 19.9 72.64 0.59 0.38 113.64
Other N/C liabilities 5.56 7.65 6.7 9.51 14.65
Current liabilities 94.59 166.04 129.31 162.78 267.84
Total Liabilities 228.03 410.29 654.61 759.46 1071.25
Assets
Net Block 62.18 160.61 177.88 222.09 357.06
Capital WIP 11.71 0.2 1.89 25.52 125.42
Intangible WIP 0 0 1.07 4.28 0
Investments 27.89 33.24 33.4 33.45 67.73
Loans & Advances 2.68 1.84 7.78 17.19 48.43
Other N/C Assets 6.97 1.25 5.87 2.21 1.56
Current Assets 116.6 213.14 426.71 454.71 471.05
Total Assets 228.03 410.29 654.61 759.46 1071.25
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 1.26 2.87 8.55 1.9 8.58
Profit Before Tax -16.05 20.34 42.29 18.2 50.02
Tax 4.91 4.64 10.21 4.49 12.34
Profit After Tax -20.96 15.7 32.08 13.72 37.68
Adjusted EPS (Rs) -5.68 4.26 8.7 3.35 9.21

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 35.97 0
Jun 2024 35.98 0
May 2024 39.07 0
Mar 2024 39.91 0
Dec 2023 39.91 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 34.75 71.73 91.45 112.22 69.11
Adjustment 7.42 8.87 12.36 11.19 41.84
Changes in Assets & Liabilities -6.51 -39.5 -90.68 -43.23 6.02
Tax Paid -8.41 -14.18 -22.81 -24.45 -16.12
Operating Cash Flow 27.25 26.92 -9.69 55.73 100.85
Investing Cash Flow -24.48 -100.74 -122.47 -20.47 -337.32
Financing Cash Flow 0.19 72.11 140.26 -14.44 235.48
Net Cash Flow 2.96 -1.72 8.1 20.82 -0.99
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