Advanced Enzyme IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 20/07 - 22/07
Issue Size ₹50 Cr
Issue Price ₹880 - 896
Market Lot 16 Shares
Shares on Offer 4,034,470
Registrar
GMP ₹320 - 330
Kostak N/A
Subject to Sauda N/A
Listing Date 01-Aug
Listing Price ₹1210
Listing Gain% 35.04

About Advanced Enzyme Technologies Ltd

Advanced Enzymes is a research driven company with global leadership in the manufacturing of enzymes. They are committed to providing eco-safe solutions to a wide variety of industries like Human Health Care and Nutrition, Animal Nutrition, Baking, Fruit & Vegetable Processing, Brewing and Malting, Grain Processing, Protein Modification, Dairy Processing, Natural Extraction, Textile Processing, Leather Processing, Paper & Pulp Processing, Biofuels, Biomass Processing, Biocatalysis, etc. The aim is to replace traditionally used chemicals with eco-friendly enzymatic solutions.

Having pioneered the production of enzymes in India, they continue to set trends with the research & development of new applications for the use of enzymes across various industries. Equipped with state-of-the-art manufacturing facilities and research & development centers across India and US, they offer several 100 enzyme products. They pride themselves in being one of the few manufacturers across the globe that offer a wide spectrum of enzymes derived from all ftheir natural origins: plant, fungal, bacterial and animal.

Advanced Enzyme Technologies Ltd. comprises of 6 subsidiaries of which, 2 are wholly owned subsidiaries and 3 are step down subsidiaries. Advanced Enzymes USA based out of Chino, California, caters to the American markets. While Advanced Enzymes India caters to the European and Asian markets. In India Advanced Enzymes has 2 subsidiaries, Advanced Enzytech Solutions Ltd. and Advanced Bio Agro Tech Ltd. Advanced Enzytech focuses on the Industrial processing market in South Asia, while Advanced Bio Agro has its focus on the animal nutrition market in South Asia.

At Advanced Enzymes, building enduring relationships with the customers is at the heart of their business. With exports across 6 continents, they provide customized and effective enzyme solutions coupled with the best in technical advice and superior service.

Please refer to http://www.advancedenzymes.com for details.

Company Financials

Particulars 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets (In ₹ Millions) 4,516.50 4,180.92 4,082.76 3,963.47 3,490.09
Total Revenue (In ₹ Millions) 2,946.37 2,242.69 2,404.81 2,241.15 1,748.78
Profit After Tax (PAT) (In ₹ Millions) 784.35 501.02 200.86 492.19 333.36

Advanced Enzyme Technologies Ltd IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - Aug 19,2016 0.41 0.17 1.49 0.89
Day 2 - Aug 20,2016 5.90 0.83 4.89 4.28
Day 3 - Aug 21,2016 94.03 393.10 11.67 116.02

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Advanced Enzyme Technologies Ltd IPO FAQs

  1. When will Advanced Enzyme Technologies Ltd IPO open?

    Advanced Enzyme Technologies Ltd IPO will open on 20/07 and close on 22/07.

  2. What is the listing date of Advanced Enzyme Technologies Ltd IPO?

    Advanced Enzyme Technologies Ltd IPO will list on 01-Aug.

  3. What is the offer price of Advanced Enzyme Technologies Ltd IPO?

    The offer price of Advanced Enzyme Technologies Ltd IPO is ₹880 - 896.

  4. What is the lot size of Advanced Enzyme Technologies Ltd IPO?

    The lot size of Advanced Enzyme Technologies Ltd IPO is 16.

  5. What is the Grey Market Premium (GMP) price of Advanced Enzyme Technologies Ltd IPO?

    The Grey Market Premium (GMP) price of Advanced Enzyme Technologies Ltd IPO is ₹320 - 330.

  6. What is the Kostak price of Advanced Enzyme Technologies Ltd IPO?

    The Kostak price of Advanced Enzyme Technologies Ltd IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Advanced Enzyme Technologies Ltd IPO?

    The Subject to Sauda price for Advanced Enzyme Technologies Ltd IPO is Not Available at the moment.

Advanced Enzyme Technologies Ltd IPO Review/Comments

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