Amtech Esters IPO

Amtech Esters is a BSE SME IPO is priced at ₹71–₹75 per share with an issue size of ₹17.88 crore. The IPO opens on Sep 9, 2026 and closes on Sep 11, 2026, with a lot size of 1600 shares and a minimum investment of ₹2,40,000.

Amtech Esters Limited IPO

BSE SME
₹2,40,000 (3200 Shares)
Minimum Investment
IPO Dates
Sep 9, 2026 – Sep 11, 2026
Price band
₹71-75 per equity share
Minimum Investment
₹2,40,000
Issue size
₹17.88 Cr
Lot size
1600
Allotment Date
Sep 15, 2026
Listing
Sep 17, 2026
Listing At
BSE SME

IPO timeline

  1. Sep 9, 2026

    Open Date

    Upcoming

  2. Sep 11, 2026

    Close Date

    Upcoming

  3. Sep 15, 2026

    Allotment Date

    Upcoming

  4. Sep 17, 2026

    Listing Date

    Upcoming

Amtech Esters IPO Essentials

Amtech Esters IPO Details

Amtech Esters IPO is priced at ₹71-75 per share with a total issue size of 17.88 crore. The IPO has a lot size of 1600 shares and will be listed on BSE SME.

Issue price
₹71-75 per equity share
Lot size
1600 shares
Face value
₹10 Per Equity Share
Issue size
23,84,000 shares(agg. up to ₹17.88 Cr)
Total issue size
23,84,000 shares
(aggregating up to ₹17.88 crore)
Fresh issue
23,84,000 shares
(aggregating up to ₹17.88 crore)
Retail Portion
35%
Listing at
BSE SME
Listing date
Registrar
Maashitla Securities Pvt.Ltd.
Lead manager
Credora Partners Pvt.Ltd.

Market Lot Size

Investors can bid for a minimum of 3,200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 3,200 ₹2,40,000
Individual(max) 2 3,200 ₹2,40,000
sHNI(min) 3 4,800 ₹3,60,000
sHNI(max) 8 12,800 ₹9,60,000
bHNI(min) 9 14,400 ₹10,80,000

Amtech Esters IPO Documents

Amtech Esters IPO Analytics

Amtech Esters Valuations

Returns

ROE
24.17%
ROCE
30.16%
RoNW
24.17%
PAT Margin
10.28%

Fundamentals

Debt / Equity
0.17
Market Cap
Cr.

Data sourced from DRHP / RHP • For educational purposes only

Amtech Esters Financials( In Crs.)

31-Mar-26 31-Mar-25 31-Mar-24
Assets 34.47 27.86 24.79
Revenue 40.75 36.97 27.24
Profit After Tax 4.22 3.72 2.84
Net Worth 19.58 15.36 11.64
Reserves & Surplus 13.14 12.14 8.41
Total Borrowing 3.41 3.99 4.49

Amtech Esters Company & Offer Insights

About Amtech Esters

Founded in May 2002, Amtech Esters Limited is a B2B chemicals manufacturer, involved in the production of Unsaturated Polyester Resins (UPRs) and the distribution of complementary products for use in the value chain of resins and FRP. Originally Amtech Esters was incorporated as a private limited company by the name of Amtech Esters Private Limited, and was later transformed into a public limited company in December 2023.

The products manufactured by the Company include Unsaturated Polyester Resins, fibreglass, hardeners, silicones and various other ancillary products.

The Company also has an operating subsidiary by the name of Croda Pigments Private Limited (CPPL), that deals in the manufacture of pigments used as colorants and additives in paints, varnishes, dyes, glues, gums and other chemical applications.

Research & Development and Quality Control departments have been established at the Amtech Esters Limited to cater to the needs of product development, improvements in processes and quality consistency. The Company is certified under ISO 9001:2015.

The Company’s factories are located at Bahadurgarh, Jhajjar, Haryana and are fitted with state-of-the-art and automated machines and equipment.

Till March 31, 2026, the Company had employed 60 staff members in the areas of production, sales and marketing, quality control, packing and dispatch, finance, legal, HR & management.

Amtech Esters Promoter(s)

Ajit Singh Bawa, Gurpreet Kaur Bawa, Meenakshi Sharma are the company's promoters of Amtech Esters.

Amtech Esters IPO Issue Objectives

Investment in the subsidiary, namely Croda Pigments Private Limited, by way of debt:1.Towards capital expenditure requirements of the subsidiary;2.To meet the incremental working capital requirements of the subsidiary
Repayment or prepayment, in full or in part, of certain borrowings availed by the Company
Funding inorganic growth through unidentified acquisitions and general corporate purposes

Contact Information

Contact Details

Amtech Esters

011-49044111

info@amtechesters.com

https://www.amtechesters.com/

Flat No. 102, Plot No. A – 3, Magnum House 1, Commercial Complex, Karam Pura, West Delhi, New Delhi, West Delhi, New Delhi, 110015

Registrar Contact Details

Maashitla Securities Pvt.Ltd.

011-45121795

ipo@maashitla.com

https://maashitla.com/allotment-status/public-issues

Frequently Asked Questions

Click any question to reveal the answer

Amtech Esters IPO is a book-built IPO worth ₹17.88 crore. The price band is ₹71–₹75 per share. The IPO opens on Sep 9, 2026 and closes on Sep 11, 2026. It will be listed on BSE SME Platform. Maashitla Securities Pvt. Ltd. is the registrar.

The price band of Amtech Esters IPO is ₹71 to ₹75 per share.

The lot size of Amtech Esters IPO is 1600 shares.

The minimum investment for Amtech Esters IPO is approximately ₹2,40,000 based on the upper price band .

Amtech Esters IPO opens on Sep 9, 2026 and closes on Sep 11, 2026.

The allotment date of Amtech Esters IPO is Sep 15, 2026.

Amtech Esters IPO is expected to be listed on Sep 17, 2026, on BSE SME Platform.

No recorded Grey Market Premium (GMP) quote is currently available for Amtech Esters IPO. GMP is unofficial and does not forecast or guarantee the actual listing price.

Amtech Esters IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B N/A, RoNW 24.17%, and market cap Cr.

To apply for Amtech Esters 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 Amtech Esters 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 Amtech Esters IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Amtech Esters IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Amtech Esters IPO allotment status on IPO Ji for quick and easy access.