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Ami Organics Limited IPO Message Board (Page 22)

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50. jstm |   Link |  Bookmark | August 24, 2021 6:12:13 PM (1300+ Posts, 3200+ Likes)

Company''s debt is bigger than the issue size as per DRHP.
Therefore obviously one of the objects of bringing issue would be debt repayment.

Moreover if issue will be priced @ 600 , it can prove to be next windlas.
It''s better to wait and watch till last day or wait for another IPO vijaya diagnostic.



49. Eagleye |   Link |  Bookmark | August 24, 2021 4:20:57 PM
IPO Guru IPO Guru (6600+ Posts, 22000+ Likes)
REVISED ...

Ami Organics IPO – Schedule *(Tentative)*

26th Aug – Announcement of Price Band
30th Aug – Anchor Investors Allotment
31st Aug – Offer Opens
02nd Sept – Offer Closes
07th Sept – Finalisation of Basis of Allotment
07th Sept – Unblocking of ASBA Accounts
08th Sept – Credit of Equity Shares to Depository Accounts
09th Sept – Commencement of Trading
48. Eagleye |   Link |  Bookmark | August 24, 2021 4:17:31 PM
IPO Guru IPO Guru (6600+ Posts, 22000+ Likes)
Ami Organics IPO – Schedule *(Tentative)*

27th Aug – Announcement of Price Band
31st Aug – Anchor Investors Allotment
01st Sept – Offer Opens
03rd Sept – Offer Closes
08th Sept – Finalisation of Basis of Allotment
09th Sept – Unblocking of ASBA Accounts
13th Sept – Credit of Equity Shares to Depository Accounts
14th Sept – Commencement of Trading


Ami Organics IPO – Issue Information *(Tentative)*

Issue Opens on: 01 September 2021
Issue Closes on: 03 September 2021
Issue Type: Book Built Issue IPO
Issue Size: 93,76,349 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.600 – Rs.603 Share *(Tentative)*
Discount: NIL
Market Lot: 24 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 3,15,00,000 Shares
Fresh Issue of 33,16,749 Shares @603/- = Rs.200.00Crs
Offer for Sale of 60,59,600 Shares @603/- = Rs.365.39Crs
Equity Shares outstanding after the Issue = 3,48,16,749 Shares

Category-wise Break up:
Anchor – 28,12,905 Shares = 169.62Crs
QIB – 18,75,270 Shares = 113.08Crs
NII – 14,06,452 Shares = 84.81Crs
RII – 32,81,722 Shares = 197.89Crs (Lot size: 24 = 1,36,738 Forms)
Total Issue – 93,76,349 Shares = 565.39Crs.

Subscription required for 1X
RII = 1,36,738 Forms
NII = 84.81 Crs


Ami Organics IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) DRHP = Draft Red Herring Prospectus Dated June 04, 2021 (403 pages)

EPS for FY18-19 >>> Rs 07.40 (Page #90 of DRHP)
EPS for FY19-20 >>> Rs.08.72 (Page #90 of DRHP)
EPS for FY20-21 >>> Rs.17.14 (Page #90 of DRHP)

RoNW for FY18-19 >>> 28.33% (Page #91 of DRHP)
RoNW for FY19-20 >>> 24.57% (Page #91 of DRHP)
RoNW for FY20-21 >>> 32.35% (Page #91 of DRHP)

NAV as on March 31, 2021 was Rs.52.99 (Page #91 of DRHP)

Listed Industry Peer Group (Page #97 of DRHP): Aarti Industries, Hikal, Valiant Organics, Vinati Organics, Neuland Laboratories, Atul
47. lokes |   Link |  Bookmark | August 23, 2021 12:07:23 PM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
still price band and dates are not announced?
looks like they got afraid of current market/IPO trend....
47.6. Monster Zero |   Link |  Bookmark | August 23, 2021 5:35:54 PM
IPO Guru IPO Guru (3100+ Posts, 2800+ Likes)
😂
47.7. lokes |   Link |  Bookmark | August 23, 2021 5:48:32 PM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
@monster: i replied not sdz :)
anyways ya u r right....i should have sold to book profit, the thing is sometime we book profit early and share keep increasing after we sell, this also happens many times, and i was being bullish this time on small caps thinking these will still go up so didnt sold....
one month back , mostly shares in my portfolio were in green and few in red and now in short duration its reversed
46. SACHININDOREWALE |   Link |  Bookmark | August 20, 2021 11:49:12 AM
Hello Chittagarh member kindly suggest few stock for my child ,he is 1 yr old . I want to buy stock of 2 lakh for his future . Kindly suggest few stock .
46.21. KAMMA SIVA RAMA KRISHNA |   Link |  Bookmark | August 26, 2021 8:15:58 PM
Tech user ji,

Thank you very much for your compliments.

As you may be aware that we invest in Mutual funds when market is at low for some time and presuming to be ready to take off. Of course, sometimes NAV will be lower after our purchase. Sometimes after selling, the NAV increases. It happens sometimes. On an average, we will definitely get better results than FDs.

I don’t have any hard n fast rule to observe. I am a very very small investor. Sometimes I purchase even new series of MFs also on the basis of the reputation of the organisation. I don’t sell the MFs even when their price is higher, unless there is any absolute necessity. It’s all depend upon various factors like availability of funds, market conditions n availability of MFs at reasonable price etc.,.

I once again reiterate that I am not a regular investor. I have invested a little portion of my retirement benefits in long term new MFs and some reputed old MFs. As I can’t afford to loose, I have diversified investment in safe schemes like SCSS, LIC Pension plan etc.,. I am a happy man leading a peaceful post retirement life with lowest risk appetite. Now a days, no secondary market of IPOs but only selective primary IPOs. I don’t have even any portfolio of shares other than those related to Buybacks.

Any way, thank you very much for your consideration. Have I bothered you with all the details? If so, sorry.
46.22. techuser |   Link |  Bookmark | August 27, 2021 6:06:19 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
@KAMMA SIVA RAMA KRISHNA Ji, Yeah certainly, I really appreciate for your kind inputs on my queries, thank you so much!
45. Eagleye |   Link |  Bookmark | August 15, 2021 12:33:31 PM
IPO Guru IPO Guru (6600+ Posts, 22000+ Likes)
Ami Organics IPO – Schedule *(Tentative)*

20th Aug – Announcement of Price Band
24th Aug – Anchor Investors Allotment
25th Aug – Offer Opens
27th Aug – Offer Closes
01st Sept – Finalisation of Basis of Allotment
02nd Sept – Unblocking of ASBA Accounts
03rd Sept – Credit of Equity Shares to Depository Accounts
06th Sept – Commencement of Trading


Ami Organics IPO – Issue Information *(Tentative)*

Issue Opens on: 25 August 2021
Issue Closes on: 27 August 2021
Issue Type: Book Built Issue IPO
Issue Size: 1,10,34,724 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.600 – Rs.603 Share
Discount: NIL
Market Lot: 24 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 3,15,00,000 Shares
Fresh Issue of 49,75,124 Shares @603/- = Rs.300.00Crs
Offer for Sale of 60,59,600 Shares @603/- = Rs.365.39Crs
Equity Shares outstanding after the Issue = 3,64,75,124 Shares

Category-wise Break up:
Anchor – 33,10,417 Shares = 199.62Crs
QIB – 22,06,945 Shares = 133.08Crs
NII – 16,55,209 Shares = 99.81Crs
RII – 38,62,153 Shares = 232.89Crs (Lot size: 24 = 1,60,923 Forms)
Total Issue – 1,10,34,724 Shares = 665.39Crs.

Subscription required for 1X
RII = 1,60,923 Forms
NII = 99.81 Crs


Ami Organics IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) DRHP = Draft Red Herring Prospectus Dated June 04, 2021 (403 pages)

EPS for FY18-19 >>> Rs 07.40 (Page #90 of DRHP)
EPS for FY19-20 >>> Rs.08.72 (Page #90 of DRHP)
EPS for FY20-21 >>> Rs.17.14 (Page #90 of DRHP)

RoNW for FY18-19 >>> 28.33% (Page #91 of DRHP)
RoNW for FY19-20 >>> 24.57% (Page #91 of DRHP)
RoNW for FY20-21 >>> 32.35% (Page #91 of DRHP)

NAV as on March 31, 2021 was Rs.52.99 (Page #91 of DRHP)

Listed Industry Peer Group (Page #97 of DRHP): Aarti Industries, Hikal, Valiant Organics, Vinati Organics, Neuland Laboratories, Atul



Ami Organics IPO – *Market’s Current Estimates of oversubscription*:

NII = 25KCrs. = ~250.48X
RII = 20L Forms = 12.43X Applic. wise (Avg allotment of ~1.93 shares per lot)

Interest cost *@8.00%p.a.* for 7days = *92.52paise for 1X*

Thus, for NII the costing = 250.48 X 92.52 paise = Rs.231.73 per share (= GMP)

And, for RII the costing = 231.73 X 1.93 = Rs.447/- (= Kostak)


Ami Organics IPO – *GMP Estimated*

GMP 230 +/- 2
Kostak 445 +/- 10
Subject 2 @4,700/-
45.9. RK MAHESHWARI |   Link |  Bookmark | August 27, 2021 11:36:37 AM
Please revise
current estimates of over subscription figures for retail and nii categories as primary market now is not in good health due poor listing.
45.10. Monster Zero |   Link |  Bookmark | August 27, 2021 12:16:32 PM
IPO Guru IPO Guru (3100+ Posts, 2800+ Likes)
If gmp is 200+ on day 3 1.00 pm ... Apply or else..avoid and buy from market.
44. Killerr |   Link |  Bookmark | August 21, 2021 4:53:41 PM
Hii members
Any option for minors demat+trading account if any body using it?
Chittorgrah suggested prostock but i want to know any other brokers allows it?
Angel is allowing but their offline process is not available due to covid so they cant..

HDFC SEC NOT ALLOWED
ICICI SEC NOT ALLOWED
MOTILAL NOT ALLOWED
SHERKAN NOT ALLOWED
KOTAK NOT ALLOWED

44.6. Ashish ipo wala |   Link |  Bookmark | August 24, 2021 6:11:26 PM (200+ Posts)
Nirmal bang
44.7. Chalak lomdi |   Link |  Bookmark | August 25, 2021 1:51:47 AM
IPO Guru IPO Guru (1400+ Posts, 1100+ Likes)
Marvadi / zaveri / moneycare they allow.
43. arunARUN |   Link |  Bookmark | August 21, 2021 8:38:22 PM
IPO Guru IPO Guru (2000+ Posts, 1700+ Likes)
Lots of choices
Dont buy poor quality IPOs.
32 DRHP filed in last 30 days
Date       Issue name
Aug 20, 2021      AGS Transact Technologies Limited
Aug 20, 2021      Prudent Corporate Advisory Services Limited
Aug 20, 2021      Emcure Pharmaceuticals Limited
Aug 18, 2021      MedPlus Health Services Limited
Aug 18, 2021      Sterlite Power Transmissions Limited
Aug 18, 2021      Tega Industries Limited
Aug 18, 2021      Rategain Travel Technologies Limited
Aug 18, 2021      INSPIRA ENTERPRISE INDIA LIMITED
Aug 17, 2021      Tracxn Technologies Limited
Aug 17, 2021      VLCC HEALTH CARE LIMITED
Aug 17, 2021      Go Fashion (India) Limited
Aug 17, 2021      Paradeep Phosphates Limited
Aug 17, 2021      CMS Info Systems Limited
Aug 16, 2021      Latent View Analytics Limited
Aug 13, 2021      Le Travenues Technology Limited
Aug 12, 2021      Sapphire Foods India Limited
Aug 11, 2021      Tarsons Products Limited
Aug 10, 2021      Sigachi Industries Limited
Aug 10, 2021      KEVENTER AGRO LIMITED
Aug 09, 2021      Fusion Micro Finance Limited
Aug 09, 2021      Gemini Edibles & Fats India Limited
Aug 05, 2021      Popular Vehicles and Services Limited
Aug 03, 2021      Adani Wilmar Limited
Aug 03, 2021      FSN E-Commerce Ventures Limited
Aug 02, 2021      PB Fintech Limited
Aug 02, 2021      Fino Payments Bank Limited
Jul 28, 2021      S.J.S Enterprises Limited
Jul 26, 2021      ESAF Small Finance Bank Limited
Jul 23, 2021      Star Health and Allied Insurance Company Limited
Jul 20, 2021      Anand Rathi Wealth Limited
Jul 19, 2021      Chemspec Chemicals Limited
Jul 19, 2021      HP ADHESIVES LIMITED
43.1. suheelan |   Link |  Bookmark | August 22, 2021 12:38:41 PM
Once approved , if these IPOs hit the Market one after another, whether so much funds with Investors to absorb it ?
43.2. MintIndian |   Link |  Bookmark | August 22, 2021 5:11:45 PM
@suheelan, only if new dollar bills continue being printed everyday.
42. lokes |   Link |  Bookmark | August 21, 2021 2:16:58 AM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
It''s GMP will be 200 or will crack down to 20 only by listing :) ?
42.1. MintIndian |   Link |  Bookmark | August 21, 2021 12:44:56 PM
-200 after 1 day of listing. The way market is behaving. May be its irrational so is valuations of some companies. Fed rate increase is inevitable, the question is when and how much?
42.2. Milton |   Link |  Bookmark | August 23, 2021 10:21:05 PM (200+ Posts)
@MintIndian sirji, market just started behaving properly, it was not behaving properly earlier, 500 ka maal 2000 mein bik raha tha. Ab aya hai unth pahad ke neeche.
41. P Patel |   Link |  Bookmark | August 19, 2021 10:33:15 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
Karvy Stock Broking Head Arrested For Fraud, Securities Norms Violation. Market regulator Sebi had, in 2019, initiated a probe into various irregularities Karvy was accused of. It was then barred from trading on BSE or NSE.

Karvy Stock Broking Chairman and Managing Director C Parthasarathi was arrested today for cheating and misuse of clients'' funds, the Hyderabad police said. The founder of the financial services company was taken into custody following a complaint by IndusInd Bank alleging that his firm had defaulted on a Rs 137-crore loan.

"HDFC Bank has also filed two cases alleging fraud of nearly Rs 350 crore," said Avinash Mohanty, a Joint Commissioner of Police.
41.1. Cautious ipo |   Link |  Bookmark | August 21, 2021 10:27:43 AM
IPO Guru IPO Guru (2100+ Posts, 1200+ Likes)
Kfin old version karvy was banned 3 times by sebi for irregularities in ipo allotments since 1999 whenever ban lifted karvy again started same corruption again and again...now karvy changed its name to kfin, even though sebi aware this but intentionally silent miserably
40. Sachin Sarda |   Link |  Bookmark | August 20, 2021 10:58:39 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Ipo party is over for few months. Share mkt will crash anytime. First hint is midcaps only index is manage by operator
39. 𝔻𝔸ℝ𝕂𝔻𝔼𝕍𝕀𝕃 |   Link |  Bookmark | August 20, 2021 6:47:35 PM
Top Contributor Top Contributor (600+ Posts, 200+ Likes)
IPO euphoria is now over 🔻🔻🔻
38. sdz |   Link |  Bookmark | August 20, 2021 6:11:44 PM
IPO Guru IPO Guru (1300+ Posts, 600+ Likes)
Hope atleast now Promoters should stop being ultra-greedy and leave some money on the table for investors. Else, we''ll start seeing IPOs getting cancelled due to low subscription too and that''ll be this IPO cycle bottom 😊
37. P Patel |   Link |  Bookmark | August 20, 2021 5:30:16 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
Let me take holiday for some time from Primary Market....
36. arunARUN |   Link |  Bookmark | August 20, 2021 8:51:22 AM
IPO Guru IPO Guru (2000+ Posts, 1700+ Likes)
Every share is good to consider to buy at a price but bad to buy at higher price. So when you are thinking hold (buy and sleep) strategy you are buying basically at a future price. Risk may come in during the period of holding
Now for insight
99 percent of IPO share underperform purchased at closing price underperform index (closing index of that day) in long term. So better strategy for IPO buying is to make share free in shortest time then you can hold and sleep
35. INDIAWAY |   Link |  Bookmark | August 19, 2021 8:08:26 PM
What about vijay diagnostics ?

Is it coming this month itself or next month ?

35.1. arunARUN |   Link |  Bookmark | August 20, 2021 8:42:12 AM
IPO Guru IPO Guru (2000+ Posts, 1700+ Likes)
Next month expected. But it is area specific play not a pan India one
34. MS ASSOCIATE |   Link |  Bookmark | August 19, 2021 5:59:40 PM
Emcure Pharma File DRHP 4500-5000cr...
33. 🔥 IPO 🔥 GUJARATI 🔥 |   Link |  Bookmark | August 16, 2021 5:42:03 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
n between,
Star cement approved buyback @150.
25 Aug is the record date.
A good opportunity for buyback lovers.

Dear Aniketiaf Sir,

Please advise for your above post, Shall we buy now at 116 RS for buyback ? This is first time i am trying for buyback .

Please share some detailed post like what will be acceptance (What are chances of acceptance in buyback) . What about remaining shares ?
How much risky it is ?

Please sir, Awaiting for your guidence sir. Will buy tomorrow after your reply.

Thank you Sir
33.11. BLR |   Link |  Bookmark | August 18, 2021 11:09:59 PM
Tamil ipo : Share should be in your demat account on 25th Aug . Last buy should be 23rd Aug . Safer side buy it on 20th Aug
33.12. Roxpatel |   Link |  Bookmark | August 19, 2021 1:25:23 PM
IPO Mentor IPO Mentor (700+ Posts, 700+ Likes)
Star cement record has been changed, its 26 August now
32. Eagleye |   Link |  Bookmark | August 15, 2021 12:00:54 PM
IPO Guru IPO Guru (6600+ Posts, 22000+ Likes)
Ami Organics IPO

Issue Price @600+ ... looks very very expensive for investors ...
but issue size is small ... and has IPO fancy due to gujarati promoters (reminds of Chemcon) ... hence it''s good to apply ... but only for flippers ...

APPLY IF YOU MUST ... BUT ...
DO NOT HOLD FOR LONG TERM ... STRICTLY SELL ON LISTING
32.10. ColdBurger |   Link |  Bookmark | August 19, 2021 1:46:53 AM
IPO Mentor IPO Mentor (1400+ Posts, 400+ Likes)
@Mittal: ।।प्रमोटर की कुंडली।। 😂😂😂😂😂💰💰🤑🤑🤑🙏🙏
32.11. keTanSP |   Link |  Bookmark | August 19, 2021 10:20:40 AM
MITTAL@
पहेले कंपनी की कुंडली जानना जरुरी हे नही के प्रमोटर की,

जातिवादी लोग ही प्रमोटर की कुंडली जानते हे,

गुजराती प्रमोटर अच्छा होता हे ये मानना गलतफेमी हे,

कंपनी की कामगीरी और रीझल्ट से प्रमोटर की कुंडली जाननी चाहिए नहीं के प्रांत से,
एप्लाई भी करो और तुरंत बेच भी डालो वाली बात मुजे समजमे नहीं आती...
31. Amit Chheda |   Link |  Bookmark | August 19, 2021 9:42:23 AM
IPO Mentor IPO Mentor (800+ Posts, 900+ Likes)
Ami organics GMP 220. Strong buyers