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AMIC Forging Ltd

AMIC Forging Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹126
₹126
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹126
Based on GMP
Min. Investment
₹126,000
1 lot × 1000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
29 Nov 2023
Close Date
01 Dec 2023
Allotment
04 Dec 2023
Listing Date
06 Dec 2023
Exchange
BSE SME
Price Band
₹126
Listing Price
See chart
Allotment Status
Price Band
₹126
Per share
Face Value
₹10 per share
 
Lot Size
1,000 Shares
per lot
Issue Size
27,62,000 shares (aggregating up to ₹34.80 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹126,000
1 lot
Pre-IPO Holding
77,26,410 shares
Promoters
Post-IPO Holding
1,04,88,410 shares
Promoters
P/E (Pre)
1.01x
 
P/E (Post)
9.18x
 
EPS (Pre)
₹12.83
 
UPI Deadline
2023-12-01
Mandate
Anchor AllotmentTue, 28 Nov 2023
Basis of AllotmentMon, 04 Dec 2023
Refund InitiationTue, 05 Dec 2023
Demat CreditTue, 05 Dec 2023
Listing DayWed, 06 Dec 2023
UPI Mandate Deadline2023-12-01
Sale TypeFresh Capital
Net Offer to Public26,23,000 shares (aggregating up to ₹33.05 Cr)
Market Maker Quota1,39,000 shares (aggregating up to ₹1.75 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
AMIC Forging Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 01 Dec 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
139,000
₹1.75
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,762,000
100% ₹34.80
IPO Shares Offered
AMIC Forging Ltd IPO total issue size: ₹34.80 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 139,000 ₹1.75
5.03%
Total 2,762,000 ₹34.80
100.00%
* Based on upper price band ₹126 per share
Lot Size & Investment
Lot Size
1,000
Shares per Lot
Issue Price
₹126.00
Upper Band
Min Investment
₹126,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,000₹252,000
Retail (Max — 13 Lots)1313,000₹1,638,000
S-HNI (Min — 14 Lots)1414,000₹1,764,000
B-HNI (Min — 68 Lots)6868,000₹8,568,000
* Issue Price ₹126 × Lot Size 1,000 shares
IPO Schedule
Anchor
28 Nov 2023
✓ Done
IPO Open
29 Nov 2023
✓ Done
IPO Close
01 Dec 2023
✓ Done
Allotment
04 Dec 2023
✓ Done
Refunds
05 Dec 2023
✓ Done
Demat Credit
05 Dec 2023
✓ Done
Listing Day
06 Dec 2023
✓ Done
AMIC Forging Ltd — Live Price LIVE
₹126.00
INR · BSE
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Issue ₹126.00 Live Price
About AMIC Forging Ltd
Founded in 2007, AMIC Forging Limited, previously known as Kali Mata Forging Private Limited, manufactures forged components catering to various industries.AMIC Forging's product portfolio includes main shafts for wind energy, drum tube sheets, casting molds, forged shells, tube sheets, channel covers, trunnions for nuclear power plants, forged necks, wheels, and nozzles for oil and gas.The company's customers include companies from heavy engineering, the steel industry, the oil and gas industry, the petrochemical industry, the chemical industry, refineries, thermal power plants, nuclear power plants, hydropower plants, the cement industry, the sugar industry, and other related industries.All products are made of carbon steel, alloy steel, stainless steel, nickel, and tool alloys.As of June 30, 2023, the company had 80 Employees consisting of 56 permanent employees and 24 temporary laborers.The company's manufacturing units are equipped with a forging unit with an electro-hydraulic hammer with a capacity of 6 M/ton and a pneumatic hammer with a capacity of 1 M/ton.
Objects of the Issue
1
Setting up of Manufacturing facility.
2
Working Capital Requirements.
3
General Corporate Purposes.
AMIC Forging Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹7,138.8
31 Mar 2022
₹11,683.0
31 Mar 2023
₹2,979.3
30 Jun 2023
Profit After Tax (PAT)
₹86.6
31 Mar 2022
₹980.0
31 Mar 2023
₹359.9
30 Jun 2023
Particulars30 Jun 202331 Mar 202331 Mar 2022
Revenue from Operations 2979.32 11683.01 7138.82
EBITDA N/A N/A N/A
Profit After Tax (PAT) 359.94 980.01 86.59
Net Worth 2338.43 1983.75 767.28
Total Assets 6367.84 6107.99 3163.87
Reserves & Surplus 2252.58 1897.90 696.21
Borrowings 287.37 385.17 1071.32
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
71.25%
RoCE
55.78%
RoNW
49.40%
Debt/Equity
0.26
Issue Structure & Shareholding
Total Shares Offered27,62,000 (100.00%)
Net Offer to Public26,23,000 shares (aggregating up to ₹33.05 Cr)
Reserved for Market Maker1,39,000 shares (aggregating up to ₹1.75 Cr)
Pre-Issue Promoter Holding77,26,410 shares
Post-Issue Promoter Holding1,04,88,410 shares
P/BV RatioN/A
RoE71.25%
RoCE55.78%
Debt / Equity0.26
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Gretex Corporate Services Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much AMIC Forging Ltd IPO subscribed?

AMIC Forging Ltd IPO is subscribed 1.00 times by Dec 01, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is AMIC Forging Ltd IPO retail subscription status?

The AMIC Forging Ltd IPO retail category is subscribed 1.00 times as of 01 Dec 2023. The retail portion is oversubscribed.

How to subscribe AMIC Forging Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 29 Nov 2023 and closes 01 Dec 2023. Min investment: ₹126,000 (1 lot = 1,000 shares). UPI mandate: 2023-12-01.

How many times AMIC Forging Ltd IPO subscribed?

The AMIC Forging Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check AMIC Forging Ltd IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 04 Dec 2023. Refunds: on 05 Dec 2023.

When AMIC Forging Ltd IPO will be listed?

The AMIC Forging Ltd IPO listing date is 06 Dec 2023, Wednesday. Listed on: BSE SME. Issue price: ₹126. Estimated listing: ₹126. GMP: NIL.

When AMIC Forging Ltd IPO close?

The AMIC Forging Ltd IPO closes on 01 Dec 2023, Friday. UPI mandate: 2023-12-01. Allotment: 04 Dec 2023. Listing: 06 Dec 2023.