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Company Information

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AMBO AGRITEC LTD.

20 December 2024 | 12:00

Industry >> Edible Oils & Solvent Extraction

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ISIN No INE0N6V01016 BSE Code / NSE Code 543678 / AMBOAGRI Book Value (Rs.) 17.86 Face Value 10.00
Bookclosure 26/09/2023 52Week High 110 EPS 1.21 P/E 84.99
Market Cap. 116.06 Cr. 52Week Low 23 P/BV / Div Yield (%) 5.75 / 0.00 Market Lot 4,000.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was originally incorporated as a Private Limited Company in the name of "Sunny Biscuits Bakery and Confectionery Private Limited" on September 07, 1994 under the provisions of the Companies Act, 1956 bearing Corporate Identification Number U15419WB1994PTC064993 issued by the Registrar of Companies - West Bengal at Kolkata. Subsequently, name of our company was changed to "Ambo Foods Private Limited" vide a fresh certificate of incorporation dated May 30, 2008 issued by Registrar of Companies - West Bengal at Kolkata. Subsequently again, name of our company was changed to "Ambo Agritec Private Limited" vide a fresh certificate of incorporation dated February 18, 2013 issued by Registrar of Companies - West Bengal at Kolkata. Further, our company was converted into Public Limited Company under the provisions of the Companies Act, 2013 and the name of our Company was changed to "Ambo Agritec Limited" vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company dated September 01, 2022 bearing Corporate Identification Number U15419WB1994PLC064993 issued by the Registrar of Companies - West Bengal at Kolkata.

Ambo Agritec Limited was incorporated in the year 1994. It began its journey with manufacturing of biscuits under the brand name "Sunny Biscuits". The focus was to sell the biscuits in the rural markets of eastern part of India. In just a few years of operation it expanded its production and launched another premium brand of biscuits under the brand name "Happy Bite" for the semi urban markets. The company made a phenomenal growth since its inception, and has excellent market acceptance.

Moving forward, AMBO has focused on new expansions & diversification to drive its business in Indian & overseas markets. Today the product portfolio includes: premium biscuits, potato chips, extruded snacks, under brand "HAPPY BITE", edible oils under brand "HAPPY HEART", Vanaspati under brand "AMBO GOLD" & "VANASPATI 2000" and Bengali specialized packed food items under brand "MAX HEALTH".

Key Milestones:

1994
Incorporation of our company as "Sunny Biscuits Bakery and Confectionery Private Limited"

2008
Name of our company changed to "Ambo Foods Private Limited"

2013
Name of our company changed to "Ambo Agritec Private Limited"

2022
-The Private Limited got converted into Public Limited and name changed to "Ambo Agritec Limited"
-The company got shareholders' approval to raise funds through Initial Public Offer (IPO)

2022
Our company in addition to its existing business has forayed into sales through e-commerce.