Ajooni Biotech Limited IPO

Add to Calendar 2017-12-20 12:00 AM 2017-12-22 12:00 AM Asia/Kolkata Ajooni Biotech Limited IPO Ajooni Biotech Limited India

Ajooni Biotech Limited is based in Chandigarh and is engaged in manufacturing, producing, processing and supplying of products related to animal health care. The company has entered into an agreement with Patanjali for manufacturing and distribution of cattle feed.

Date of establishment: Ajooni Biotech was established in 2010.  

Product & Service Offering: Ajooni Biotech provides cattle feed, nutrients related to cattle feed and animal health care supplements.

Promoters of Ajooni Biotech Ltd.: The promoters of the firm are Mr. Jasjot Singh and Healthy Biosciences Private Limited.

Customer segment: The company offers its products to customers involved in animal care.

Objects of the Issue:

The object of the issue are:
-     Working capital requirements
-     Repayment of unsecured loans
-     Issue related expenses

 

Company Financials:

 

Particulars

For the year/period ended (in Rs. Lakhs)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

Total Assets

1285.58

242.82

161.33

49.86

0.74

Total Revenue

2,858.25

1,323.03

721.70

57.00

-

Profit After Tax (PAT)

27.58

9.65

7.28

0.77

(0.09)

 

 

Issue Detail

  • Issue Open: Dec 20, 2017
  • Issue Close: Dec 22, 2017
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 30 Per Equity Share
  • Bid Lot:4000 Shares
  • Minimum Order Quantity:4000 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 6.59 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 1,098,000 1,098,000 - - 2,196,000
Day 1 - Dec 20, 2017IST 0 2,152,000 884,000 - - 3,036,000
Day 2 - Dec 21, 2017IST 0 4,684,000 4,564,000 - - 9,248,000
Day 3 - Dec 22, 2017IST 460,000 82,872,000 50,216,000 - - 133,548,000

Listing Day Trading Information

- BSE NSE
Issue Price - Rs 30.00
Open - -Rs 36.00
Low - Rs 36.00
High - Rs 36.00
Last Trade - Rs 36.00
Volume - 172,000

Ajooni Biotech Limited Red Herring Prospectus

Ajooni Biotech Limited User Rating

Votes
0

Ajooni Biotech Limited Life IPO Reviews

Ajooni Biotech Limited IPO News & Updates

Frequently Asked Questions

Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.
Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.
Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker

Comments

Start IPO Trading through SAMCO

Don't have a Trading Account !!!
Open an account with Samco and Do IPO Trading for Just Rs 20. For more details, share your contact details with us