Ambition Mica Ltd IPO

Closed

Subscription Details

  • Open Date 16 Nov
  • Close Date 21 Nov
  • Lot Size 3000
  • IPO Size ₹ 12.6 Cr
  • IPO Price Range ₹ 42
  • Min Investment ₹ 126000

Ambition Mica Ltd IPO Timeline

Open Date
16 Nov
Close Date
21 Nov
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Further public offer consisting of fresh issue of upto 30,00.000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 42 per equity share (the issue price*) (including a share premium of Rs. 32 per equity share) aggregating up to Rs. 12.60 Crores (the issue), of which 1,56,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 42/- per equity share aggregating Rs. 0.66 Crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 28,44,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 42/- per equity share aggregating Rs. 11.94 Crores is hereinafter refered to as the net issue. The issue .and the net issue will constitute 20.10% and 19.06% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of equity shares is Rs.10/- each. The issue price is Rs.42/- and is 4.2 times the face value of the equity shares.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Ambition Mica Ltd IPO

Contact Information

Address

Shop No 28 1-Flr Vitthal Plaza,
Off Naroda Dehgam Road Naroda,
Ahmedabad, Gujarat 382330

Open Demat Account