247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Ambition Mica Limited IPO (Ambition Mica IPO) Details

Ambition Mica Limited is an Furniture based company, located in Ahmedabad, Ambition Mica Limited IPO size was 12.60 Cr. and was issued at 42.00 per share. The share of Ambition Mica Limited were listed at 43.15 per share and are currently trading at 3.10 per share.

Type :
Sub Sector : Manufacturing Of Mid Segment Decorative Laminates And Door Skins
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
67.26 Cr.

PAT :
1.68 Cr.

Pricing Report

Issue Price :
42.00

Listing Price :
43.15

Current Market Price :
3.10

Issue Price vs CMP :
38.9 (92.62%)

listing Price vs CMP :
40.05 (92.82%)

Performance Report (CAGR* wise)

CAGR : -30.54
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Ambition Mica

Company Information
Ambition Mica Limited, manufacturing process involves Phenol and Formaldehyde as raw material. These chemicals are
heated to form Polymeric resin of Phenol Formaldehyde. They use Methanol as solvent and layers of
these resins are applied on Decorative Paper. These papers are cut and several layers of such papers
are joined according to the required thickness. BOOP film is placed for separating the layers of two
adjoining sheets and pressure is applied thereafter to form proper structure. Hydraulic pressure is also
applied through multi opening hydraulic press at high temperature to create proper mould. Such
laminated sheets are trimmed from all four sides and each sheet is sanded from the back for proper
bonding. These laminated sheets are packed and then dispatched. For detailed process please
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Object of Issue
  • Funding the working capital requirements
  • General Corporate Purposes

Ambition Mica SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Nov, 2017
IPO Size :
12.60 Cr.
PE Multiple :
37.00
IPO Registrar:
Kfin Technologies Limited
Anchor Investors:

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FAQs

Ambition Mica operates in Furniture and Manufacturing Of Mid Segment Decorative Laminates And Door Skins. The Issue is listed on BSE SME in Nov, 2017. Ambition Mica IPO size was 12.60 Cr. with Issue price of 42.00 .

Ambition Mica IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Ambition Mica IPO listed at a listing price of 43.15 against the offer price of 42.00.

The current market price of Ambition Mica is 3.10.

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