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Open
28 Mar to 5 Apr, 2007
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Close
28 Mar to 5 Apr, 2007
3
Allotment
—
4
Listing
[.]
Price Band
₹12 to ₹14
Issue Size
1,54,71,571 shares (agg. up to ₹22 Cr)
Lot Size
500 Shares
Listing Date
[.]
✦ AI Insight
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of existing facilities at Chittor district, Andhra pradesh | 9.60 |
| 2 | Setting up of Sweet Sorghum Project at Chittor district, Andhra Pradesh | 10.02 |
| 3 | Meet issue expenses | 2.05 |
About Ammana Bio IPO
Incorporated in 1994 as Mouli Creations (P) Ltd., Ammana Bio Pharma Limited is into manufacturing of Ethanol used by oil companies for blending along with petrol.Ammana Bio manufactures three basic products: 1. Fuel Ethanol, popularly known as 'Gasohol', 2. Extra Neutral alcohol or potable alcohol and 3. Rectified Spirit by multifeed system including sweet sorghum as main basic raw material which provides many advantages over molasses including low cost of production.ABPL manufactures ethanol through R.S., which contains 94.98% of alcohol and the balance portion as water. ABPL has adopted molecular sieve technology to remove extra water molecules from R.S. The strength of ethanol produced by ABPL is 99.8%.+ Read More
Contact Details
Ammana Bio Pharma Ltd. AddressMouli Gram, Elkatur,H/O MSVM Puram, Panchayath,Nindra Mandalam,Chittoor, Andhra Pradesh, 500029+91-8577-270669complianceofficer@ammanabio.comVisit Website