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25 November 2017

IPO Synopsis

Ambition Mica Ltd
Registered Office: Shop No 10 Ground Floor,Raghav Residenct Naroda , Ahmedabad - 382330 , Gujarat , India.
Phone : 91-79-65417241   Fax:
Email :  
Website :
Further public offer consisting of fresh issue of upto 30,00.000 equity shares of face value of (Rs)10/- each fully paid for cash at a price of (Rs)(] per equity share (the "issue price*') (including a share premium of (Rs)[] per equity share) aggregating it to (Rs)[]* Crores (the "issue"), of which itto [] equity shares of face value of rs. 10:- each for cash at a price of (Rs)[]/- per equity share. Aggregating (Rs)[] Crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of itto [] equity* shares of face value of (Rs)10 each for cash at a price of (Rs)[]/- per equity share. Aggregating (Rs)[] Crores is hereinafter refered to as the "net issue". The issue .and the net issue will constitute []% .and []% respectively of the fitly diluted post issue p.aid up equity share capital of the company*. Price Band: (Rs)40 to (Rs)42 per equity share of face value of (Rs)10 each The floor price is 4 times the face value and the cap price is 4.2 times the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
16-Nov-17 21-Nov-17 (Rs)40.00-42.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 12.00  
Post Issue Equity Share Capital 0.00  
Issue Price (Rs)40.00  
Working capital requirementGeneral corporate purpose
Promoted By
Veljibhai Patel  
Govindbhai Patel  
Listing At
Registrar to the Issue
Karvy Computershare Pvt Ltd 
Toll Free number: 1800-425-5501 / 1800-103-5501