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  IPO
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 :  investors@ambitionmica.com  
Website :  www.ambitionmica.com
Further public offer consisting of fresh issue of upto 30,00.000 equity shares of face value of 10/- each fully paid for cash at a price of 42 per equity share (the "issue price*') (including a share premium of 32 per equity share) aggregating up to 12.60 Crores (the "issue"), of which 1,56,000 equity shares of face value of 10/- each for cash at a price of 42/- per equity share aggregating 0.66 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 28,44,000 equity shares of face value of 10 each for cash at a price of 42/- per equity share aggregating 11.94 Crores is hereinafter refered to as the "net issue". The issue .and the net issue will constitute 20.10% and 19.06% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of equity shares is 10/- each. The issue price is 42/- and is 4.2 times the face value of the equity shares.

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

  Cr Lead Managers to the Issue
Project Cost 0.00
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 12.60  
Post Issue Equity Share Capital 14.92  
Issue Price 42.00  
 
Projects
Working capital requirementGeneral corporate purpose
Promoted By
Veljibhai Patel
Govindbhai Patel
Listing At
BSE - SME 
Registrar to the Issue
Karvy Computershare Pvt Ltd