Day: July 5, 2018

Ambani Organics Limited IPO

Issue Analysis :

Issue opens	July 06, 2018
Issue Closes	July 10, 2018
Issue Price	Rs 66
Lot Size	2000
Issue Size	9.03 Cr
Lead Manager	Aryaman Financial Services limited
Registrar	Universal Capital Securities Pvt. Ltd
Platform	NSE

Company’s Snapshot :

Incorporated in 1985, Thane, Maharashtra based Ambani Organics Limited is a company engaged in the business of specialty chemicals. The company is a manufacturer, processor, importer, supplier, and exporter of water-based specialty chemicals used in Paper Industry, Paint Industry, Textile Industry, Carpet Industry, Adhesive Industry, etc. Ambani Organics is an “ISO 9001:2015 – Quality Management System” certified company and has also obtained GOTS (Global Organic Textiles Standards) certification for some of its textile industries chemicals.

The Company has 2 (two) manufacturing facilities in Thane located adjacent to each other. It also has a dedicated in-house Research & Development and Quality Assurance/Quality Control Team which undertakes rigorous testing and quality management. The R&D Centre is located at MIDC Tarapur, Boisar, Thane.

The company has 80 permanent employees on its payroll.

Object of the Issue :

The Issue comprises a Fresh Issue by the Company and an Offer for Sale by the Selling Shareholder. The Company will not receive any proceeds of the Offer for Sale by the Selling Shareholder.

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

1. Funding Long-Term Working Capital Requirement; and
   2. Funding expenditure for General Corporate Purposes

Financial Highlights :

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	4,777.78	3,830.50	3,004.24	1,902.19	2,531.88
Total Revenue	6,558.15	5,289.85	3,291.40	3,765. 77	3,419.69
Profit After Tax	182.30	83.17	(38.89)	(243.99)	32.35

 

Company Promoters:

The promoters of the company are Rakesh Shah Apooni Shah.

Contact Company Information:

Ambani Organics Limited
N-44 MIDC,
Tarapur Boisar,
Thane- 401 506,
Phone: +91 – 22 – 2683 3778
Fax: +91 – 22 – 2683 3778
Email: info@ambaniorganics.com
Website: http://www.ambaniorganics.com/

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Raw Edge Industrial Solutions Ltd IPO

Issue Analysis :

Issue opens	July 05, 2018
Issue Closes	July 10, 2018
Issue Price	Rs 72
Lot Size	1600
Issue Size	16.50 Cr
Lead Manager	Guiness Corporate Advisors Pvt Ltd
Registrar	Bigshare Services Pvt. Ltd
Platform	BSE

Company’s Snapshot :

Incorporated in 2005, Mumbai based Raw Edge Industrial Solutions Limited is a company engaged in the business of providing industrial minerals to manufacturing industries at competitive prices. The company is delivering fully integrated solutions of Raw Material supplies to large and medium industrial houses. It is one of the leading Manufacturers and Suppliers of a quality range of Calcined Lime, Dolomitic Lime, Hydrated Lime, AAC Lime, Calcined Magnesite, Clinker, Quartz, Gypsum, Imported Coal, etc.

In February 2018, the company has entered into an agreement for sale for acquiring agriculture land of `50.21
Lakhs at Surat for setting up a manufacturing unit of crushed Quick Lime and Hydrated Lime with an installed capacity of 1,20,000 MT/per annum located. In addition to its existing capacity of 60,000 ton/per annum capacity plant which is to be shifted at the aforesaid new premises will be making the total installed capacity of 1,80,000 ton/per annum.

Though the customers of Raw Edge are spread over 10 states, the major supply of its products are concentrated in the state of Gujarat and Rajasthan (contributing 91.37 % of total turnover).

The company has 33 permanent employees on its payroll.

Object of the Issue :

 

The present Public Issue of 22,91,200 Equity Shares includes a Fresh Issue of 16,81,200 Equity shares and an offer for sale of 6,10,000 equity shares by the Selling Shareholder at an issue price of ` 72 per Equity Share.

The Company will not receive any proceeds from the Offer for Sale of 6,10,000 equity shares.

The objects of the Fresh Issue are:
1. Expansion by setting up Manufacturing Unit
2. Working Capital Margin
3. General Corporate Purpose
4. Meeting Public Issue Expenses.

Financial Highlights :

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Jan-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	2,912.26	2,718.57	2,305.11	1,488.56	1,377.22	774.00
Total Revenue	4,498.74	4,860.73	4,133.55	3,826.82	3,349.57	6,662.21
Profit After Tax	133.40	61.63	58.05	44.71	70.41	81.50

 

Company Promoters:

The Promoters of the company are Bimal Rajkumar Bansal, Sourabh Bimal Bansal, and Siddharth Bimal Bansal.

Contact Company Information:

Raw Edge Industrial Solutions Ltd
Shop No. 47, Ground Floor,
Citi Mall, New Link Road
Andheri (W), Mumbai -400053
Phone: 91-72269 96805
Email: info@rawedge.in
Website: http://www.rawedge.in/

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