AMIC Forging IPO subscription is to open on Nov 29, 2023 and will close on Dec 01, 2023, the price band of the AMIC Forging IPO is fixed at ₹ ₹ 121 – ₹ 125.
Table of Contents
About AMIC Forging
AMIC Forging is a manufacturer in forging industry and is engaged in manufacturing of forged Components catering to various industries. AMIC Forging manufacture precision machined components as per customer specifications and International Standard catering to the requirements of various industry such as Heavy Engineering, Steel Industry, Oil & Gas, Petrochemicals, Chemicals, Refineries, Thermal Power, Nuclear Power, Hydro Power, Cement Industry, Sugar and other related industries
Objects of the Issue
- Setting up of Manufacturing facility
- Working Capital Requirements
- General Corporate Purposes.
AMIC Forging Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
| Total Assets | 6,107.99 | 3,163.87 | 1,622.07 |
| Total income | 11,683.01 | 7,138.82 | 2,643.37 |
| Total Expenses | 10,367.89 | 7,014.84 | 2,564.27 |
| Profit After Tax | 980.01 | 86.59 | 56.27 |
AMIC Forging IPO Price – Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 27,62,000 Equity Shares of ₹10 (aggregating up to ₹ [.] lakhs) |
| Issue Open Date | 29-Nov-23 |
| Issue Close Date | 01-Dec-23 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 121 – ₹ 125 |
| Face Value | ₹ 10 |
| Market Lot | 1000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 1000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | AMIC |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
AMIC Forging IPO DRHP & RHP
AMIC Forging IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 1000 | 125,000 |
| Maximum | 1 | 1000 | 125,000 |
AMIC Forging IPO Lead Managers
- Gretex Corporate Services Pvt Ltd
AMIC Forging IPO Registrar
- Bigshare Services Private Limited
AMIC Forging IPO Allotment Date, Listing Date and other Important Dates
| Details | Important Dates |
|---|---|
| Bid / Offer Opens on | 29-Nov-23 |
| Bid / Offer Closes on | 01-Dec-23 |
| Finalisation of Basis of Allotment | 06-Dec-23 |
| Initiation of refunds | 07-Dec-23 |
| Credit of the Equity Shares | 08-Dec-23 |
| Listing Date | 11-Dec-23 |
Company Registered Office
3A, Garstin Place, 2nd Floor,
Kolkata – 700001,
West Bengal, India
Website: www.amicforgings.com
Company Promoters
- Mr. Girdhari Lal Chamaria
- Mr. Anshul Chamaria
- Ms. Manju Chamaria
- Ms. Rashmi Chamaria
AMIC Forging IPO – FAQS
When AMIC Forging IPO will open?
The AMIC Forging IPO opens on Nov 29, 2023 and closes on Dec 01, 2023
What is the lot size of AMIC Forging IPO?
The AMIC Forging IPO lot size is 1000 Equity Shares and the minimum order quantity is 1000 Equity Shares
Who is the Registrar for AMIC Forging IPO?
The Registrar for AMIC Forging IPO is Bigshare Services Private Limited
How to apply in AMIC Forging IPO through UPI?
Check the step by step process here – Click here
How to apply in AMIC Forging IPO through Zerodha?
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