Forthcoming IPO_Advanced Enzyme Technologies Limited

Advanced Enzyme Technologies Ltd.
Issue Open Date 20-Jul-16
Issue Closing Date 22-Jul-16
Application Money 100
Allotment Money
Price Band (Rs.) 880 – 896
Minimum Bid Quantity. 16
Issue Size (Shares) 4602651
Market Lot 1
Objective :
Advanced-Enzyme-Technologies-238x178

1. Investment in Advanced Enzymes USA, our wholly owned subsidiary for repayment / pre-payment of certain loans availed by Advanced Enzymes USA; and2. General Corporate Purposes.

Business Description :

We are the largest Indian enzyme company, engaged in the research and development, manufacturing and marketing of 400+ proprietary products developed from 60 indigenous enzymes. Having more than two decades of fermentation experience in the production of enzymes, we rank among the top 15 global companies in terms of enzyme sales, and have the second highest market share domestically, next only to the world‘s largest enzyme company Novozymes. We operate in two primary business verticals namely Healthcare & Nutrition (human and animal) and Bio-Processing (food and non-food). By following critical industry trends, we focus on ensuring that our enzyme products are relevant, helping customers to meet the evolving market demands. We are a fully integrated enzyme manufacturing company driven by extensive focus on research and development (?R&D?) of various enzymes, enzyme blends, enzyme products and customized enzyme solutions. Our experienced and qualified R&D team strives to develop creative, cost-effective unique and innovative solutions, thereby enabling our customers to develop superior products and processes. We believe that our products assist our customers in making most of their resources, optimizing their processes, improving their product quality, saving their time and money while also mitigating the impact on the environment. We offer these products to our global clientele of more than 700 customers spanning presence across 50 countries worldwide. We supply these value-added and eco-safe enzyme products to diverse end-user industries like human healthcare and nutrition, animal nutrition, food processing, baking, dairy and cheese processing, fruit and vegetable processing, cereal extraction, brewing, grain processing, protein processing, oil and fat processing, biomass processing, textile processing, leather processing, paper & pulp processing, bio-fuels, bio-catalysis etc. Although we have the capability to manufacture enzymes using all the four natural origins viz. plant, animal, bacterial and fungal, our major focus is on developing enzymes through microbialfermentation. Our Promoters Mr. Chandrakant Laxminarayan Rathi and Mr. Vasant Laxminarayan Rathi have a cumulative experience of more than seven decades in the global enzyme industry and have contributed widely in our Company‘s success and growth. Under their leadership and guidance, we have been successful in creating a strong footing in the existing markets as well as expanding our presence in new and unexplored markets. Our Promoters‘ knowledge and understanding of the industry has led us to win several awards and recognitions. We were recipients of the ?Fastest Growing mid-sized companies‘‘ award organized by Inc. India in the year 2012 and 2013. In 2014, our Company was awarded the Bio-excellence award for =Best Industrial Biotech Company‘ by the department of Information Technology, Biotechnology and Science & Technology, Government of Karnataka. We were also awarded the =Most Innovative Exporter‘ award organized by Dun and Bradstreet in the year 2012, =Bio-Excellence‘ award instituted by the Department of Information Technology, Biotechnology and Science and Technology, Government of Karnataka in the Industrial Biotech Sector in the year 2010, and the =Emerging India Awards 2010‘ for Life science-Pharmaceuticals and Chemicals segment organized by ICICI Bank – Business Banking and CNBC TV18. Further, we have been recognized as a ?Star Export House? by Director General of Foreign Trade.

Lead Managers :

Axis Capital Ltd.
ICICI Securities Ltd

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Forthcoming IPO_Ujjivan Financial Services Ltd

Ujjivan Financial Services Ltd
Issue Open Date 28-Apr-16
Issue Closing Date 02-May-16
Application Money  
Allotment Money  
 
Price Band (Rs.) Rs.207-Rs.210
Minimum Bid Quantity. 70
Issue Size (Shares) 42,270,760 Equity Shares
Market Lot 70

Objectives :

1. Augmenting capital base to meet future capital requirements
2. General corporate purpose.

 

Business Description :

Incorporated in 2005, Ujjivan Financial Services Ltd is an Indian microfinance services company primarily based on the joint liability group lending model for providing collateral free, small ticket-size loans to economically active poor women. They also offer individual loans to Micro & Small Enterprises (“MSEs”).

They offers group loans and individual loan as per their customer requirements. That include agricultural, education, home improvement, home purchase and livestock loans. In addition to loan products, they also provide non-credit offerings comprising of life insurance products, in partnership with insurance providers such as Baja Allianz Life Insurance, Kotak Mahindra Life Insurance, and HDFC Life Insurance Company Ltd.

Ujjivan Financial operations is spread across 24 states and union territories, and 209 districts across India. serve over 2.77 million active customers through our 469 branches and 7,786 employees.

Ujjivan Financial Services IPO Lead Manager(s) :

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