Ambey Laboratories Limited IPO

Ambey Laboratories, incorporated in 1985, manufactures agrochemical products for crop protection. The company has been serving the agrochemical sector for almost four decades.

The company manufactures and supplies 2,4-D base chemicals.

The company’s manufacturing facility in Behror, Rajasthan, is certified with ISO 9001:2015 by the Quality

Research Organization and ISO 14001:2015 by the United Accreditation Foundation.

The company currently produces the following products for its customer base, which includes large corporates like Aromatic Rasayan Private Limited, JR Jindal Infraprojects Private Limited, and SC Formulator Co. Ltd:

  • 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
  • Metalaxyl 98%TC / 35%WS

 As of October 31, 2023 the company employs 220 people in various departments.

 

Ambey Laboratories Limited Financial Information (Restated)

Period Ended31 Jan 202431 Mar 202331 Mar 202231 Mar 2021
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

Objects of the Issue (Ambey Laboratories IPO Objectives)

The company intends to utilize the Net Proceeds for the following objects:

  • To meet Working Capital Requirements
  • General corporate purposes
  • Issue related expenses

Ambey Laboratories IPO Timeline (Tentative Schedule)

Ambey Laboratories IPO opens on July 4, 2024, and closes on July 8, 2024.

IPO Open Date Thursday, July 4, 2024
IPO Close Date Monday, July 8, 2024
Basis of Allotment Tuesday, July 9, 2024
Initiation of Refunds Wednesday, July 10, 2024
Credit of Shares to Demat Wednesday, July 10, 2024
Listing Date Thursday, July 11, 2024
Cut-off time for UPI mandate confirmation 5 PM on July 8, 2024

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