Ambey Laboratories IPO allotment today: Here’s how to check status online

Ambey Laboratories IPO share allotment status is expected to be finalised today, July 9, after the public issue closed with strong demand. The initial public offer was oversubscribed 172.75 times with bids for over 69.82 crore shares compared to 40.42 lakh shares on offer.

The NSE SME IPO subscription was open from July 4 to July 8.

The NSE SME issue was booked 324.56 times in the Non-Institutional Investors (NIIs) category while the retail investors subscribed their portion 194.17 times. The Qualified Institutional Buyers (QIBs) category was booked 61.89 times.

The agrochemical products maker's shares are likely to be listed on the NSE SME platform on Thursday, July 11.

Ahead of the IPO listing date, the investors are eagerly awaiting the share allotment status. The share allotment status of the public issue is expected to be finalised on Tuesday, July 9.

Ambey Laboratories IPO share allotment status can be checked online through the official websites of the NSE and the registrar, Link Intime India Private Ltd.

Steps to check Ambey Laboratories IPO share allotment status via Link Intime India

• Go to Link Intime’s portal using this link: https://linkintime.co.in/initial_offer/public-issues.html
• Select ‘Ambey Laboratories IPO’ from the company drop-down list
• Type in the application number, PAN, Account number/IFSC, or DP client ID
• Click on the ‘Submit’ button.
• Share allocation status will be shown on the screen

Steps to check Ambey Laboratories IPO share allotment on the NSE website

• Visit the NSE IPO allotment status page at www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
• Use the username and login ID you have received in the mail (Investors are mandatorily required to create a username and password on the NSE website before checking the share allotment status)
• A menu of public issues will be shown once you login
• Choose ‘Ambey Laboratories IPO’
• Enter your PAN details, IPO application Number and click the ‘Submit’ button.

Also Read: How to check Emcure Pharma IPO allotment

The book-building issue of Ambey Laboratories, which aimed to raise ₹44.68 crore, comprised a fresh issue of 62.58 lakh shares aggregating ₹42.55 crore and an offer for sale of 3.12 lakh shares aggregating ₹2.12 crore.

Ambey Laboratories is a manufacturer of agrochemical products which are used in the agriculture industry for crop protection. The company’s manufacturing facility is located in Behror, Rajasthan.

The agrochemical manufacturer will use the money raised via the IPO to meet working capital requirements, for general corporate purposes, and for other Issue-related expenses.

To know more about IPOs listing, schedule and upcoming IPOs, click here