IPO Details
Ambani Organics Ltd.
No. 801, 8th Floor, 351 ICON, Next to Nataraj Rustomjee, WesterMumbai, Maharashtra - 400069
Phone: 26833778 Fax: 26833778

Public Issue of 1368000 Equity Shares of Rs. 10.00 each for Cash at a Premium of Rs. 56.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
06/07/201810/07/201866.00 -
Lead Managers Registrar Listed at
ARYAMAN FINANCIAL SERVICES LIMITED
UNIVERSAL CAPITAL SECURITIES PRIVATE LIMITED
No. 21, 25, 33, Shakil Niwas,
Opposite Satya Sai Baba Mandir,, Mahakali Caves Rd, Seepz,
Mumbai, Maharashtra - 400093
Phone: 28207203 Fax: 28207207
NSE
Object of the issue

The Issue comprises a Fresh Issue by the Company and an Offer for Sale by the Selling Shareholder.

The Offer for Sale

The Company will not receive any proceeds of the Offer for Sale by the Selling Shareholder.

The Fresh Issue

The Objects of the Fresh Issue is to raise funds for:

a) Funding Long Term Working Capital Requirement; and,

b) Funding expenditure for General Corporate Purposes.

Project Cost
(₹ in Crs.)
ISSUE EXPENSES0.54
GENERAL CORPORATE EXPS.0.59
WORKING CAPITAL REQUIREMENTS7.24
TOTAL COST8.37
Means of Finance
(₹ in Crs.)
PUBLIC ISSUES8.37
TOTAL COST8.37
Promoted by

The Promoters Of the Company Are Mr.Rakesh Shah (Individual Promoter) and Mrs. Apooni Shah (Individual Promoter)

1. Mr.Rakesh Shah (Individual Promoter) : his aged 48 years, is the Promoter and Managing Director of the Company. He is an undergraduate. He joined the Board of Directors of the Company in the year 1996 and has since been instrumental in the growth of the Company. Under the guidance of Mr. Rakesh Shah the Company is growing significantly. Mr. Rakesh Shah has over 2 (two) decades of experience in the speciality chemicals and binders business. Over the years he has garnered expertise in strategy formulation, finance, material procurement, administration and marketing. He is instrumental in the marketing the products for the international markets. As the Managing Director he is responsible for the complete commercials, overall management, financing and growth of the Company.

PAN: AAFPS1066F

Passport No.: Z2705464

Driver’s License No.: C29397

Voter’s ID No.: AJO5186903

Name of Bank & Branch: Union Bank of India, Vile Parle West Branch, Mumbai – 400 049

2. Mrs. Apooni Shah (Individual Promoter) : her aged 49 years, is the Promoter, Chairman and Whole Time Director of the Company. She completed her Bachelor of Commerce in the year 1989 from the Mumbai University. She has been instrumental in handling the general administration and Human Restheces of the Company.

PAN: BODPS2527J

Passport No.: Z2705409

Voter’s ID No.: AJO5186911

Name of Bank & Branch: Union Bank of India, Vile Parle West Branch, Mumbai – 400 049

Bank A/c No.: 40810201914618c