AMBEY LABORATORIES Limited IPO GMP

AMBEY LABORATORIES LIMITED are a conglomerate of enterprises, deeply rooted in the Agrochemical sectors. Their operations span across India and abroad with manufacturing facility in Rajasthan, India.

Ambey Labs IPO, a Book Built issue amounting to ₹44.67 crores, consisting a Fresh Issue of 62.58 lakh Shares worth ₹42.55 Crores and an offer for sale of 3.12 Lakh shares totalling ₹2.12 Crores. The subscription period for the Ambey Labs IPO opens on July 4, 2024, and closes on July 8, 2024. The allotment is expected to be finalized on or about Tuesday, July 09, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Thursday, July 11, 2024.

The price band of Ambey Labs IPO is set at ₹65 to ₹68 equity per share, with a minimum lot size of 2000 shares. Retail investors are required to invest a minimum of ₹136,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (4000 shares), amounting to ₹272,000.

FAST TRACK FINSEC PRIVATE LIMITED is the book-running lead manager, LINK INTIME INDIA PRIVATE LIMITED is the registrar for the Issue. NIKUNJ STOCK BROKERS LIMITED is the sole market maker for the Ambey Labs IPO.

Ambey Laboratories Limited IPO GMP Today
The Grey Market Premium of Ambey Laboratories Limited IPO is expected in the range of ₹25 - ₹30 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Ambey Laboratories Limited IPO Allotment Status
Ambey Laboratories IPO allotment date is 09 July, 2024, Wednesday. Ambey Laboratories IPO Allotment will be out on 9th July 2024 and will be live on Registrar Website from the allotment date. Check Ambey Laboratories Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Ambey Laboratories Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Ambey Laboratories Limited IPO

Ambey Laboratories Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. To meet out the Working Capital requirements of the Company
2. To meet out the General Corporate Purposes
3. To meet out the Issue Expenses

Refer to Ambey Laboratories Limited RHP for more details about the Company.