Aprameya Engineering Limited IPO
NSE SMEListed On: Aug 1, 2024 at ₹ 72.0
₹ 232000 /4000 Shares
*Min Investment
25 Jul, 2024
Open Date29 Jul, 2024
Close Date30 Jul, 2024
Allotment Date01 Aug, 2024
Listing DateAprameya Engineering Limited IPO Issue Details
- Issue Price ₹56-58 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 50,40,000 shares(aggregating up to ₹29.23 crore)
- Fresh Share 50,40,000 shares(aggregating up to ₹29.23 crore)
- Listing at NSE SME
- List Price 72.0
- Listing Date 2024-08-01
- Lead Manager Hem Securities Limited
- Registrar Link Intime India Private Ltd
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,16,000 |
| Retail(max) | 1 | 2000 | ₹1,16,000 |
| NII (min) | 2 | 4,000 | ₹2,32,000 |
Aprameya Engineering Limited IPO Reservation
Aprameya Engineering Limited IPO offers total 5,040,000 shares. Out of which 958,000 (19.01%) allocated to QIB, 718,000 (14.25%) allocated to NII,1,676,000 (33.25%) allocated to RII, NA (NA%) allocated to employees and 1,434,000 (28.45%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,434,000 (28.45%) | |
| Market Maker Shares Offered | 254,000 (5.04%) | |
| QIB Shares Offered | 958,000 (19.01%) | |
| NII (HNI) Shares Offered | 718,000 (14.25%) | |
| Retail Shares Offered | 1,676,000 (33.25%) | |
| Total Shares Offered | 5,040,000 (100%) |
Aprameya Engineering Limited IPO Details
Aprameya Engineering Limited IPO is an SME IPO, priced at ₹56-58 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 50,40,000 equity shares, aggregating up to ₹29.23 crores..
The IPO bidding window is open from Jul 25, 2024 to Jul 29, 2024. The allotment is expected to be finalized on Jul 30, 2024, and the tentative listing date is Aug 1, 2024.
The minimum lot size for Retail investors is 2000 shares, with a minimum investment of ₹1,16,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,32,000.
Hem Securities Limited is acting as the lead manager to the issue. The registrar of the IPO is Link Intime India Private Ltd, and Hem Finlease Private Limited will act as the market maker for this issue.
Aprameya Engineering Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 958,000 / 718,000 | 1,676,000 | 3,352,000 |
Day 1 25-07-24 06:00 PM | 7.49 / 1.49 x | 2.11 x | 3.51 x |
Day 2 26-07-24 06:00 PM | 7.49 / 3.28 x | 6.16 x | 5.92 x |
Day 3 29-07-24 06:00 PM | 90.29 / 340.34 x | 187.88 x | 192.61 x |
Aprameya Engineering Limited Valuations
Aprameya Engineering Limited Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 7,560.42 | 6,189.03 | 4,870.84 |
| Revenue | 6,562.22 | 7,833.35 | 20,026.16 |
| Profit After Tax | 345.67 | 536.92 | 1,661.91 |
| Net Worth | 2,336.76 | 1,992.49 | 1,452.94 |
| Reserves & Surplus | 936.76 | 592.49 | 752.94 |
| Total Borrowing | 4,204.83 | 2,873.95 | 1,368.28 |
About Aprameya Engineering Limited Company
Aprameya Engineering Limited is an integrated firm established in September 2003. The company installs and maintains ICU, NICU, PICU, Operation Theatres, and prefabricated structure wards in hospitals and medical care centers. It provides the above services on a turnkey basis and also offers high-value healthcare and diagnostic equipment to private hospitals, government hospitals, and medical practitioners.
The products offered by the company can be classified into two groups:-
Healthcare infrastructure is being installed in hospitals and medical care centers
High-value medical equipment are sold
From 2020, the company has started setting up ICUs and operation theaters and has installed approximately 2000 critical care beds, which are ICUs, NICUs, and PICUs. Modular operation theatres are being installed throughout the state of Rajasthan.
The company has four warehouses: two in Memnagar, Ahmedabad, one in Prahladnagar, Ahmedabad and the fourth one at Ashram Road, Ahmedabad.
The company provides a wide range of medical equipment and solutions, such as an Electrosurgical Generator, Electrosurgical Unit, CO2 Insufflator, LED Surgery Light, Surgical and medical Examination Light, ICU Respiratory Monitoring System, ICU Ventilation System, Anesthesia Workstation, Jaundice Meter, Anesthesia Machine, and Harmonic Scale.
As of August 31, 2023, the business had 44 permanent employees to run the everyday business operations, marketing, and accounting functions. business operations, marketing, and accounting functions.
Aprameya Engineering Limited - Promoter(s)
Saurabh Kishorbhai Bhatt
Chetan Mohan Joshi
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.53%
Aprameya Engineering Limited IPO - Issue Objectives
To meet incremental working capital requirements (including augmentation on Long Term Working Capital)
General corporate purpose
Contact Details
Aprameya Engineering Limited
908, 9th Floor, Venus Atlantis Corporate Park, Anandnagar, Prahladnagar, Ahmedabad-380015
+ 079-40068827
Registrar Contact Details
Link Intime India Private Ltd
+91-22-4918 6270
Aprameya Engineering Limited IPO - FAQs
Ans. Aprameya Engineering Limited IPO is a SME IPO. The issue is priced at ₹56-58 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jul 25, 2024, and closes on Jul 29, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Aprameya Engineering Limited IPO opens on Jul 25, 2024 and closes on Jul 29, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Aprameya Engineering Limited IPO is 5,040,000 shares(aggregating up to ₹29.23 Cr).
Ans. The Aprameya Engineering Limited IPO price band is set between ₹56-58 per equity share.
Ans. To apply for Aprameya Engineering Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Aprameya Engineering Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Aprameya Engineering Limited IPO is Jul 30, 2024.
Ans. The Aprameya Engineering Limited IPO will be listed on Aug 1, 2024.
Ans. Follow the steps to check the Aprameya Engineering Limited IPO allotment status online.
