The initial public offering (IPO) of Ami Organics opened on Sept 1. Accordingly, our expert astrologers predict that this IPO will experience both challenges & growth. The Pro-tip is: tread carefully. Read on to know more about what lies ahead for this specialty chemicals company.
The Surat-based company Ami Organics’ IPO will remain open for subscription till Sept 3. The price band of the IPO is fixed at Rs 603-610 per share. The shares of Ami Organics are likely to be listed on both NSE and BSE, on Sept 14. Applicants to the public issue can bid for a minimum one lot of 24 shares and a maximum 13 lots. The minimum investment for this IPO is Rs 14,472 and the issue size of the IPO is Rs 569.63 crore.
This IPO comprises a fresh issue of equity shares worth Rs 200 crore and an offer for sale of up to 60,59,600 equity shares by existing shareholders.
The Developments in Ami Organics IPO
According to the latest developments, Ami Organics raised Rs 170.89 crore from 20 anchor investors on August 31, ahead of the opening of its IPO.
What Is The Company Into?
Ami Organics is into the manufacturing of specialty chemicals. The company develops and manufactures advanced pharma intermediates for regulated and generic active pharmaceutical ingredients.
Astrological Predictions For Ami Organics
The Future Of The Company Post-Listing?
We have considered Sept. 14 2021 — the listing date of the Ami Organics — as the date to analyse the company’s future astrologically. Here are the findings:
According to the astrological analysis, Ami Organics will have to raise its marketing strategy & efforts to increase its sales and revenue growth.
After listing, the performance of the company will be largely impacted by the Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII).
Ami Organics may not have a cakewalk through its post-listing journey. There may be challenges and growth.
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