AMIC Forging Limited IPO
AMIC Forging Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹121–₹126 per share. The stock debuted at ₹239.4, delivering a listing gain of 90.0%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,26,000.
AMIC Forging Limited IPO
- IPO Dates
- Nov 29, 2023 – Dec 1, 2023
- Price band
- ₹121-126 per equity share
- Minimum Investment
- ₹1,26,000
- Issue size
- 2,762,000 shares(aggregating up to ₹34.80 Cr)
- Lot size
- 1000
- Allotment Date
- Dec 4, 2023
- Listing
- Dec 6, 2023
- Listing At
- BSE SME
IPO timeline
-
Nov 29, 2023
Open Date
Completed
-
Dec 1, 2023
Close Date
Completed
-
Dec 4, 2023
Allotment Date
Completed
-
Dec 6, 2023
Listing Date
Completed
AMIC Forging Limited IPO Essentials
AMIC Forging Limited IPO Details
AMIC Forging Limited IPO is priced at ₹121-126 per share with a total issue size of 2,762,000 shares(aggregating up to ₹34.80 Cr). The IPO has a lot size of 1000 shares and is listed on BSE SME.
- Issue price
- ₹121-126 per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 2,762,000 shares(aggregating up to ₹34.80 Cr)
- Listing at
- BSE SME
- List price
- 239.4
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Gretex Corporate Services Limited
AMIC Forging Limited IPO Analytics
AMIC Forging Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
AMIC Forging Limited IPO Subscription Status
AMIC Forging Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 524,000 / 394,000 | 919,000 | 1,837,000 |
|
Day 1
29-11-23 06:00 PM
|
(3.53 / 4.02) x | 6.65 x | 5.20 x |
|
Day 2
30-11-23 06:00 PM
|
(7.43 / 20.90) x | 35.09 x | 24.19 x |
|
Day 3
01-12-23 06:00 PM
|
(91.43 / 435.86) x | 273.01 x | 268.78 x |
AMIC Forging Limited Valuations
Earnings
- EPS (Post IPO)
- ₹12.83/-
Returns
- RoNW
- 49.40%
AMIC Forging Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 6,107.99 | 3,163.87 | 1,622.07 |
| Revenue | 11,683.01 | 7,138.82 | 2,643.37 |
| Profit After Tax | 980.01 | 86.59 | 56.27 |
AMIC Forging Limited Company & Offer Insights
About AMIC Forging Limited
AMIC Forging Limited, previously known as Kali Mata Forging Private Limited, manufactures forged components catering to various industries.
The company manufactures precision machined components such as Rounds, Shafts, Blanks, and complete finished engineering, spare parts e.g. Gear coupling, Hub, Round, Flange, and other all kinds of engineering spares as per customer specifications and International Standards like AISI, BS, IS, DIN, etc, catering to the requirements of various industries such as Heavy Engineering, Steel Industry, Oil & Gas, Petrochemicals, Chemicals, Refineries, Thermal Power, Nuclear Power, Hydro Power, Cement Industry, Sugar and other related industries. These products are mainly manufactured in carbon steel, alloy steel, stainless steel, Nickel, and Tools Alloys.
AMIC Forging's manufacturing facilities have a forging unit with a 6 M/ton capacity Electro Hydraulic Hammer along with a 1 M/ton capacity Pneumatic Hammer, each hammer runs with the support of a Manipulator with 3 Overhead Cranes, Jib Cranes, 3 oil-fired furnace (Temperature controlled) with all necessary accessories.
The company has a Heat Treatment Plant which has an oil bogie hearth automatically controlled furnace with a four-point recording arrangement & temperature graph indicator/recorder with water and oil quenching arrangement. Apart from the above the company also has a machine shop which contains many machines required for the manufacturing process.
AMIC Forging recorded a total of Rs. 2,954.57 Lacs, Rs. 11,585.41 Lacs, and Rs. 7,111.97 Lacs in revenue from operations for the period ended June 30, 2023, March 31, 2023, and March 31, 2022, respectively.
AMIC Forging Limited Promoter(s)
Mr. Girdhari Lal Chamaria, Mr. Anshul Chamaria, Ms. Manju Chamaria, Ms. Rashmi Chamaria are the company's promoters of AMIC Forging Limited.
AMIC Forging Limited IPO Issue Objectives
- •
- Setting up of Manufacturing facility.
- •
- Working Capital Requirements.
- •
- General Corporate Purposes.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
AMIC Forging Limited IPO is a book-built IPO worth ₹2,762,000 shares(aggregating up to ₹34.80 Cr). The price band is ₹121–₹126 per share. The IPO opens on Nov 29, 2023 and closes on Dec 1, 2023. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of AMIC Forging Limited IPO is ₹121 to ₹126 per share.
The lot size of AMIC Forging Limited IPO is 1000 shares.
The minimum investment for AMIC Forging Limited IPO is approximately ₹1,26,000 based on the upper price band .
AMIC Forging Limited IPO opens on Nov 29, 2023 and closes on Dec 1, 2023.
The allotment date of AMIC Forging Limited IPO is Dec 4, 2023.
AMIC Forging Limited IPO is expected to be listed on Dec 6, 2023, on BSE SME Platform.
AMIC Forging Limited IPO valuation snapshot: P/E N/A, EPS ₹12.83/-, P/B N/A, RoNW 49.40%, and market cap N/A.
To apply for AMIC Forging Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of AMIC Forging Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for AMIC Forging Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check AMIC Forging Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the AMIC Forging Limited IPO allotment status on IPO Ji for quick and easy access.