Aprameya Engineering Limited IPO Detail
Incorporated in September 2003, Aprameya Engineering Limited installs and maintains Intensive Care Units (ICU), Neonatal Intensive Care Units (NICU), Pediatric Intensive Care Units (PICU), Operation Theatres, and prefabricated structure wards in hospitals and medical care centres. They provide these services on a turnkey basis and also supply high-value healthcare and diagnostic equipment to private hospitals, government hospitals, and medical practitioners.
- Establishing healthcare infrastructure within hospitals and medical care centers.
- Dealing in high-value medical equipment
Since 2020, the company has been setting up ICUs and operation theatres and has installed around 2000 critical care beds, including ICUs, NICUs, and PICUs, Modular operation theatres are being established throughout the state of Rajasthan.
The company has four warehouses: two in Memnagar, Ahmedabad, one in Prahladnagar, Ahmedabad and the fourth one on 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 company employed 44 permanent staff members responsible for day-to-day business operations, marketing, and accounting functions. business operations, marketing, and accounting functions.
Company Promoters
The promoters of the company are Saurabh Kishorbhai Bhatt and Chetan Mohan Joshi.IPO Details
IPO Opening Date | Jul 25, 2024 |
IPO Closing Date | Jul 29, 2024 |
Issue Type | Book Built Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹56 - 58 per equity share |
Market Lot | 2000 Shares |
Min Order Quantity | 2000 Shares |
Listing At | NSE SME |
Issue Size | ₹29.23 Cr |
Fresh Issue | 5,040,000 shares (aggregating up to ₹29.23 Cr) |
Offer for Sale | - |
Retail Portion | 35% |
IPO Subscription (Bidding Detail)
AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
---|---|---|---|---|---|---|
Day 1 | 7.49x | 0.00x | 0.00x | 1.49x | 2.11x | 3.51x |
Day 2 | 7.49x | 0.00x | 0.00x | 3.28x | 6.16x | 5.92x |
Day 3 | 90.29x | 0.00x | 0.00x | 339.99x | 187.88x | 192.57x |
IPO Tentative Timetable
The Aprameya Engineering Limited IPO open date is Jul 25, 2024, and the close date is Jul 29, 2024. The issue may list on Aug 01, 2024.
IPO Open Date | Jul 25, 2024 |
IPO Close Date | Jul 29, 2024 |
Basis of Allotment Date | Jul 30, 2024 |
Initiation of Refunds | Jul 31, 2024 |
Credit of Shares to Demat Account | Jul 31, 2024 |
IPO Listing Date | Aug 01, 2024 |
IPO Lot Size
The Aprameya Engineering Limited IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹116000).
Application | Lots | Shares | Amount (Cut-off) |
---|---|---|---|
Minimum | 1 | 2000 | ₹116000 |
Maximum | 1 | 2000 | ₹116000 |
IPO Promoter Holding
Pre Issue Share Holding | 100.00% |
Post Issue Share Holding |
Company Financials:
For the year/period ended (₹ in Lakhs)
Financial Year | Total Assets | Total Revenue | Profit After Tax |
---|---|---|---|
31-Mar-23 | 6189.03 | 7833.35 | 536.92 |
31-Mar-22 | 4870.84 | 20026.16 | 1661.91 |
31-Mar-21 | 1087.00 | 2601.23 | 102.04 |
Objects of the Issue:
The company intend to utilize the proceeds of the Issue to meet the following objects:-
- To meet incremental working capital requirements (including augmentation on Long Term Working Capital)
- General corporate purpose
Aprameya Engineering Limited IPO Registrar:
Link Intime India Private Ltd
Aprameya Engineering Limited IPO Lead Manager(s):
Hem Securities Limited
Company Contact Information:
Aprameya Engineering Limited
908, 9th Floor, Venus Atlantis Corporate Park Anandnagar, Prahladnagar
Ahmedabad
Ahmedabad