Advanced Enzyme IPO Price Band, Market Lot & Dates Details

Table of Contents

Advanced Enzyme coming up with an IPO at a price band of Rs. 880 to 896. The price seems to be at higher end but when we see at the company’s performance it looks good. As the grey market is very much active for this company one can subscribe for listing gain. As per the financial company look strong and has good growth in coming years long term investors can have deliveries in tact. Advanced Enzyme might have good subscription due to high demand in grey market. More probably investors will surely take a call for listing gain.

Advanced Enzyme IPO Dates & Price Band & Market Lot:

  • IPO Open: Jul 20, 2016
  • IPO Close: Jul 22, 2016
  • IPO Size: Offer for Sale of 4,034,470 Equity Shares of Rs 10
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs. 880 – Rs. 896
  • Listing on: BSE & NSE

Advanced Enzyme IPO Market Lot:

  • Shares: Apply for 16 Shares (Minimum Lot Size)
  • Amount: Rs. 14,336

Advanced Enzyme Financial:
Advanced Enzyme Technologies has strong financials compare to last few years. They have total assets of Rs. 4516.50 millions for year ended March 2016. Its about 8-10% growth compare to March 2015 and 25-30% growth compare to March 2012. Company has Total revenue of Rs.2946.37 millions for year ended March 2016. Its about 25-30% growth compare to March 2015 and 65-70% growth compare to March 2012. It has good Profit as well compare to last few years. The profit for the financial year ended on March 2016 is Rs.784.35 millions (PAT) which is growing around 55% compare to March 2015.

Company Promoters:

  • Mr. Chandrakant Laxminarayan Rathi
  • Mr. Vasant Laxminarayan Rathi

Quick Links:

IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: [email protected]
Website: http://www.linkintime.co.in

IPO Lead Managers:

  • Axis Capital Limited
  • ICICI Securities Limited

Company Address:
Advanced Enzyme Technologies Ltd
Sun Magnetica, 5th Floor,
Near LIC Service Road, Louiswadi,
Thane 400604, Maharashtra, India
Phone: +91-22-4170 3200
Fax: +91-22-25835159
Email: [email protected]
Website: http://www.advancedenzymes.com

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