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Open
20 Jul 2016
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Close
22 Jul 2016
3
Allotment
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Listing
Mon, Aug 1, 2016
Price Band
₹880 to ₹896
Issue Size
45,94,875 shares (agg. up to ₹411 Cr)
Lot Size
16 Shares
Listing Date
Mon, Aug 1, 2016
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 81.54x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in Advanced Enzymes USA, the wholly owned subsidiary for repayment/pre-payment of certain loans availed by Advanced Enzymes USA | 40.00 |
| 2 | General corporate purpose | 7.20 |
About Advanced Enzyme Technologies IPO
Incorporated in 1989, Advanced Enzyme Technologies Ltd is an India based company engaged in research, development, manufacturing and marketing of Healthcare, Nutrition and Bio-Processing products. Information in this paragraph is copied from chittorgarh.com.Company produces over 400 proprietary products developed from 60 enzymes. Advanced Enzyme operate in two primary business verticals namely Healthcare & Nutrition (human and animal) and Bio-Processing (food and non-food). Company has 13 patents registered in its name and applications for registration of 4 patents are pending.Advanced Enzyme is among top 15 companies in enzyme sales in the world and 2nd largest in India. Company has over 20 years of fermentation experience in the production of enzymes. Company offer these products to its more than 700 global customers across 50 countries around the world. Content in this paragraph is copied from chittorgarh.com.Advanced Enzyme's R&D team consists of over 55 scientists, microbiologists, engineers, food technologists and biotechnologists. Company have four R&D facilities, of which two are located at Thane, and one each at Sinnar and Chino, California.Competitive strengths of the com
Contact Details
Advanced Enzyme Technologies Ltd. AddressSun Magnetica, 5th FloorNear LIC Service Road, LouiswadiThane, Maharashtra, 400604+91-22-4170 3200prabal@adavancedenzymes.comVisit Website