Ambition Mica is all set to hit the capital markets, through BSE SME Platform, with an initial public offering (IPO) of 1,074,000 equity shares of Rs 10 each aggregating upto Rs 4.3 crore. The issue will open for subscription on June 23, 2015 at a fixed price band of Rs 40 per share, while the public issue will close for subscription on June 30, 2015.
Ambition Mica is one of the leading manufacturers of mid segment decorative laminates and door skins. They market laminates under brands like Antique, Art Lam, Antique Aurum, Antique Colourcore and Antique Natural Wood. They also market door skin under brand name Beautique, Texas, Micro Touch, Antique Natural Wood and Door Touch.
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