AMIC Forging is a producer within the forging business and is engaged in production solid Components catering to quite a lot of industries. They manufacture precision machined parts as in keeping with buyer specs and International Standards catering to the necessities of quite a lot of industries corresponding to Heavy Engineering, Steel Industry, Oil & Gas, Petrochemicals, Chemicals, Refineries, Thermal Power, Nuclear Power, Hydro Power, Cement Industry, Sugar and different similar industries.
They have experience in production other forging parts as in keeping with world requirements like AISI, BS, IS, DIN, and so forth. Some in their not unusual working parts are Rounds, Shafts, Blanks, and entire completed engineering, spare portions e.g. Gear coupling, Hub, Round, Flange, and different a wide variety of engineering spares as in keeping with buyer specs. These merchandise are basically manufactured in carbon metal, alloy metal, chrome steel, Nickel, and Tools Alloys. The corporate has state of the art forging amenities and machining features to cater to the necessities of its home & world consumers. By integrating a number of processes beneath one facility, the corporate is able to reduce value and lead time. The corporate has a well-established design middle with the most recent three-D instrument and extremely skilled technicians.
AMIC Forging imagine in steady growth, therefore difficult ourselves through adhering to top of the range requirements and on-time supply. They have earned their identify in a brief duration as a result of dedicated supply and top class high quality merchandise. To succeed in world high quality requirements necessities, each procedure is connected with degree inspection. Material is moved from one procedure to every other procedure handiest after degree inspection clearance. Samples also are taken at each degree to check right through the producing procedure. Every unmarried product is being examined for its high quality parameters outlined within the specification or as in keeping with buyer necessities.
Objects of the Issue:
- Setting up of Manufacturing facility.
- Working Capital Requirements.
- General company goal
AMIC Forging IPO Review
AMIC Forging IPO Date & Price Band Details
| IPO Open: | November 29, 2023 |
| IPO Close: | December 1, 2023 |
| IPO Size: | Approx ₹34.80 Crores, 2,762,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹121 to ₹126 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 35% of the online be offering |
| QIB Quota: | 50% of the online be offering |
| NII Quota: | 15% of the online be offering |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
AMIC Forging IPO Market Lot
The AMIC Forging IPO minimal marketplace lot is 1000 stocks with a ₹126,000 utility quantity.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹126,000 |
| Retail Maximum | 1 | 1000 | ₹126,000 |
| S-HNI Minimum | 2 | 2000 | ₹252,000 |
AMIC Forging IPO Dates
The AMIC Forging IPO date is November 29 and the IPO shut date is December 1. The IPO allotment date is December 6 and the IPO may checklist on December 11.
| IPO Open Date: | November 29, 2023 |
| IPO Close Date: | December 1, 2023 |
| Basis of Allotment: | December 6, 2023 |
| Refunds: | December 7, 2023 |
| Credit to Demat Account: | December 8, 2023 |
| IPO Listing Date: | December 11, 2023 |
You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.
AMIC Forging IPO Form
How to use AMIC Forging IPO? You can follow AMIC Forging IPO by means of ASBA to be had on your checking account. Just cross to the web financial institution login and follow by means of your checking account through settling on the AMIC Forging IPO within the Invest phase. The different possibility you’ll follow AMIC Forging IPO by means of IPO paperwork obtain by means of the BSE website online. Check out the AMIC Forging paperwork – click on BSE IPO Forms obtain, fill and post on your financial institution or along with your dealer.
AMIC Forging Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹26.43 | ₹24.89 | ₹0.56 |
| 2022 | ₹71.39 | ₹68.93 | ₹0.87 |
| 2023 | ₹116.83 | ₹102.28 | ₹9.80 |
| 2023 3M | ₹29.79 | ₹24.59 | ₹3.60 |
AMIC Forging IPO Valuation – FY2023
Check AMIC Forging IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
| Earning Per Share (EPS): | ₹127.58 in keeping with Equity Share |
| Price/Earning P/E Ratio: | 1.05 |
| Return on Net Worth (RoNW): | 49.40% |
| Net Asset Value (NAV): | ₹258.25 in keeping with Equity Share |
Peer Group
- Maiden Forgings Limited
- Ramkrishna Forgings Limited
- Mr. Girdhari Lal Chamaria
- Mr. Anshul Chamaria
- Ms. Manju Chamaria
- Ms. Rashmi Chamaria
AMIC Forging IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6273 8200
Email: [email protected]
Website: http://www.bigshareonline.com
AMIC Forging IPO Allotment Status
Check AMIC Forging IPO allotment standing on Bigshare website online URL. Click Here
AMIC Forging IPO Lead Managers aka Merchant Bankers
- Gretex Corporate Services Limited
Company Address
AMIC Forging Limited
3A, Garstin Place,
second Floor,
Kolkata – 700001
Phone: 033 – 40668190
Email: [email protected]
Website: https://www.amicforgings.com/index.html
AMIC Forging IPO FAQs
What is AMIC Forging IPO?
AMIC Forging IPO is an BSE SME IPO. They are going to carry ₹34.80 Crores by means of IPO. The factor is priced at ₹121 to ₹126 in keeping with fairness proportion. The IPO is to be indexed on BSE.
When AMIC Forging IPO will open?
What is AMIC Forging IPO Investors Portion?
How to Apply the AMIC Forging IPO?
How to Apply the AMIC Forging IPO thru Zerodha?
How to Apply the AMIC Forging IPO thru Upstox?
How to Apply the AMIC Forging IPO thru Paytm Money?
What is AMIC Forging IPO Size?
What is AMIC Forging IPO Price Band?
AMIC Forging IPO Price Band is ₹121 to ₹126 in keeping with fairness proportion.
What is AMIC Forging IPO Minimum and Maximum Lot Size?
What is AMIC Forging IPO Allotment Date?
What is AMIC Forging IPO Listing Date?
Note: The AMIC Forging IPO main points are introduced formally. The IPO gray marketplace top class (AMIC Forging IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day-to-day updates.)
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– Source : IPOWATCH