Ami Organics develops, makes and commercialises sophisticated pharma intermediatesAmi Organics will finalise the share allocation of its Rs 570-crore going public (IPO) tomorrow i.e.
September 8.
Ami Organics IPO, which was open for bidding from September 1 to 3, was subscribed 64.54 times.
The portion reserve for qualified institutional purchasers was subscribed 86.64 times and the non-institutional investors section was subscribed 154.81 times.The public concern consisted of a fresh issue of Rs 200 crore and an offer for sale of Rs 370 crore by 20 shareholders.
The IPO proceeds will be used to pay back debts and satisfy operating capital requirements.Ami Organics establishes, produces and commercialises advanced pharma intermediates that are used for manufacturing active pharmaceutical active ingredients (APsI) and mew chemical entities (NCE) in India and overseas.Here's how to inspect the share allocation status of Ami Organics IPO: Link Intime India websiteLogin into the Link Intime India websiteSelect Ami Organics IPOSelect either Application Number, DPID/Client ID or PAN (Let's take application number)Enter your IPO application numberFill CaptchaClick on the 'Submit' buttonBSE websiteLog into BSE link - bseindia.com/investors/appli_check.aspxSelect Ami Organics IPOEnter your Ami Organics IPO application numberEnter your PAN card detailsClick 'I'm not a robot'Click the 'Submit' button