The Ajooni Biotech Limited date has been confirmed from May 15, 2024 – May 24, 2024.
The Ajooni Biotech Limited Developers IPO is a fixed issue size of ₹40.00 Crores. Ajooni Biotech Limited is a producer of feed additives and animal feed. In India, the firm is a top producer of feed supplements and animal feed. With its assortment of feeds, AJOONI is a rapidly growing major force in the aquaculture and animal feed sectors.
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Bidding Dates
May 15-24
Issue Size
₹40.00 Crores
Face Value
₹2 per share
Record Date
May 2, 2024
Ajooni Biotech Limited IPO GMP
Ajooni Biotech Limited Record Date is May 2, 2024.
IPO Overview
Ajooni Biotech Limited is a producer of feed additives and animal feed. In India, the firm is a top producer of feed supplements and animal feed. With its assortment of feeds, AJOONI is a rapidly growing major force in the aquaculture and animal feed sectors. The company offers two types of products: (i) feed supplements and (ii) animal feeds such natural calf starters, milk fortifiers, energy products, etc.
Ajooni Biotech Limited Rights Issue Detail
| Issue Open | May 15, 2024 – May 24, 2024 |
| Security Name | Ajooni Biotech Limited |
| Issue Size (Shares) | 80,000,000 |
| Issue Size (Amount) | ₹40.00 Crores |
| Issue Price | ₹5 per share |
| Face Value | ₹2 per share |
| Listing At | NSE |
| Terms of Payment | Full amount of Rs.5.00 per Equity Share is payable on application. |
| Entitlement | 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
Ajooni Biotech Limited Ltd Financial Information
| Period Ended | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 58.73 | 29.02 |
| Revenue | 74.78 | 74.08 |
| Profit After Tax | 1.12 | 1.05 |
| Amount in ₹ Crore | ||
Ajooni Biotech Limited IPO Timeline
| Last Date to buy shares | April 30, 2024 |
| Record Date | May 2, 2024 |
| Credit of Rights Entitlements | |
| Bid/Offer Opens On | May 15, 2024 |
| Renunciation of Rights Entitlements | |
| Bid/Offer Closes On | May 24, 2024 |
| Deemed Date of Allotment | |
| Credit Date | |
| Listing Date |
Company Profile
Livestock feed and feed supplements are produced by Ajooni Biotech Limited. The company is one of India’s top producers of feed additives and livestock feed. AJOONI is a rapidly growing major participant in the aquaculture and animal feed sectors because to its assortment of feeds. Livestock feeds, such as milk fortifiers, natural calf starters, energy products, etc., and feed supplements are among the products offered by the company.
Registrar Info
| Name | – |
| Phone number | – |
| Email ID | – |
| Website | – |
Contact Details
| Name | Ajooni Biotech Limited |
| Phone number | 0172-5020758-69 |
| Email ID | info@ajoonibiotech.com |
| Website | ajoonibiotech.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
