Amar Remedies IPO
Amar Remedies IPO — date, price band, lot size & details 2005
Amar Remedies listed on 16 Sep 2005 at ₹56, 100% above the ₹28 issue price.
Amar Remedies makes ayurvedic personal care and oral care products such as toothpastes, tooth powders, petroleum jellies and talcs. Its total income was Rs 106.82 crore in FY2005.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 12 November.
- Open 25 Aug 2005
- Close 31 Aug 2005
- Allotment TBA
- Refund/credit TBA
- Listing 16 Sep 2005
Issue summary
The terms of the offer, as filed.
| IPO Dates | 25 to 31 Aug, 2005 |
|---|---|
| Price Band | ₹24 – ₹28 |
| Face Value | ₹10 |
| Lot Size | 250 Shares |
| Issue Size | ₹42 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE, NSE |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 7,000 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 250 shares at the ₹28 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 250 | ₹7,000 |
| Retail (max) | 28 | 7,000 | ₹1,96,000 |
| S-HNI (min) | 29 | 7,250 | ₹2,03,000 |
| S-HNI (max) | 142 | 35,500 | ₹9,94,000 |
| B-HNI (min) | 143 | 35,750 | ₹10,01,000 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 4
- 01Total income rose from Rs 73.72 crore in FY2003 to Rs 106.82 crore in FY2005.
- 02Profit after tax more than doubled from Rs 2.83 crore in FY2003 to Rs 6.76 crore in FY2005.
- 03It made 29 varieties of toothpaste under 15 brands.
- 04Net worth rose from Rs 12.96 crore in FY2003 to Rs 25.03 crore in FY2005.
Risks · 5
- 01Profit after tax was thin at Rs 6.76 crore on income of Rs 106.82 crore in FY2005.
- 02Oral care is dominated by large brands; it is a small company raising Rs 42 crore.
- 03It faced legal cases, including a criminal complaint it asked the Patna High Court to quash; net worth was Rs 25.03 crore.
- 04Its products sell at low price points, so small cost rises hurt margins; total income was Rs 82.25 crore in FY2004.
- 05Promoter holding fell from 99.99% before the issue to 42.67% after it.
Three years of numbers
All figures in ₹ crore, as reported in the Amar Remedies offer document.
| Metric | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Total Income | 106.82 | 82.25 | 73.72 |
| Profit After Tax | 6.76 | 3.49 | 2.83 |
| NET Worth | 25.03 | 18.12 | 12.96 |
| Reserves and Surplus | 15.21 | 8.45 | 4.96 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Amar Remedies RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Amar Remedies IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Pre-Issue | Post-Issue |
|---|---|---|
| EPS (₹) | ₹6.05 | ₹2.58 |
| P/E Ratio (x) | 4.63 | 10.84 |
| Market Cap at Offer Price (₹ Cr) | ₹31.29 | ₹73.36 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹28 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹21.70 Cr of the issue is earmarked to named objects.
About the company
It makes and trades ayurvedic personal care products, including toothpaste, tooth powder, petroleum jellies and talcs.
It produced 29 varieties of toothpaste under 15 brand names.
The IPO was Rs 42 crore and was entirely a fresh issue at Rs 28, the top of the Rs 24 to Rs 28 band, with a face value of Rs 10.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Amar Remedies IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Almondz Global Securities Ltd
23 issues handledBest listing: FCS Software Solutions (+100.0%). Weakest: First Winner Industries (-12.0%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Amar Remedies?
The current Grey Market Premium is ₹0.
What is the Amar Remedies IPO price band?
₹24 to ₹28, on a face value of ₹10.
When is the allotment?
The basis of allotment is TBA, with listing on 16 September 2005.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
