Ami Organics, a Surat based pharmaceutical company is set to hit primary market next month in december with an intention of selling around 35 lakh shares. Ami organics received the IPO approval from the market watchdog SEBI in october 2018.
As per reports, the IPO is expected to hit the market in the first half of december. The finalization of price band and other critical parameters will done next month only. The company plans to raise Rs 350 crore from investors. The raised capital will be used to repay loans and meeting up working capital requirements.
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