Ameya Precision Engineers Ltd IPO Detail
Incorporated in 2012, Ameya Engineers is engaged in the manufacturing of high-end precision components (shafts, and other trim components) for the general engineering industry. The company also offers specialized processes like hard-facing and overlay of wear and corrosion-resistant alloys in line with ASME procedures. The company has a manufacturing facility situated in Pune.
Ameya Engineers' major customers are valve and pump manufacturers. Over 95% of revenue comes from export. The company exports its products to the United States of America, United Kingdom, Germany, Singapore, Slovenija, Austria, and Brazil.
Ameya Engineers manufacture shafts/stems such as Gate Valves, Butterfly valves, Pumps, Flanges such as Valve Bonnets, Seats/ Discs, Plugs, and Hard Facing and Corrosion Resistant Overlays such as Stellite /Colmonoy, Valve Seats /Discs / Plugs and Pump Wear Rings.
Company Promoters
The promoters of the company are: 1. Bipin Shirish Pande 2. Nikhil Shirish PandeIPO Details
| IPO Opening Date | Aug 25, 2022 |
| IPO Closing Date | Aug 30, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹34 per equity share |
| Market Lot | 4000 Shares |
| Min Order Quantity | 4000 Shares |
| Listing At | NSE SME |
| Issue Size | ₹7.14 Cr |
| Fresh Issue | 1,500,000 shares of ₹10 (aggregating up to ₹5.10 Cr) |
| Offer for Sale | 600,000 shares of ₹10 (aggregating up to ₹2.04 Cr) |
| Retail Portion | - |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | - | - | 0.97x | 6.29x | 3.63x | |
| Day 2 | - | - | 0.98x | 6.68x | 3.83x | |
| Day 3 | - | - | 259.16x | 243.53x | 251.35x |
IPO Tentative Timetable
The Ameya Precision Engineers Ltd IPO open date is Aug 25, 2022, and the close date is Aug 30, 2022. The issue may list on Sep 08, 2022.
| IPO Open Date | Aug 25, 2022 |
| IPO Close Date | Aug 30, 2022 |
| Basis of Allotment Date | Sep 05, 2022 |
| Initiation of Refunds | Sep 06, 2022 |
| Credit of Shares to Demat Account | Sep 07, 2022 |
| IPO Listing Date | Sep 08, 2022 |
IPO Lot Size
The Ameya Precision Engineers Ltd IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹136000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹136000 |
| Maximum | 1 | 4000 | ₹136000 |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 2235.2 | 2347.76 | 180.04 |
| 31-Mar-21 | 2011.8 | 2488.58 | 272.64 |
| 31-Mar-22 | 1998.07 | 2396.36 | 152.97 |
Objects of the Issue:
The Issue comprises Fresh Issue of Equity Share by the Company and an Offer for Sale by the selling shareholder. Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects: 1. To Meet the Capital Expenditure Requirements 2. Funding working capital requirements; and 3. General corporate purposes.Ameya Precision Engineers Ltd IPO Registrar:
Skyline Financial Services Private Ltd
Ameya Precision Engineers Ltd IPO Lead Manager(s):
SHRENI SHARES PRIVATE LIMITED (Past IPO Performance)
Company Contact Information:
Ameya Precision Engineers Ltd
Gat No.345, Village-Kasurdi, Tal. Bhor,
Pune
Maharashtra
