Bookbuilding IPO | ₹148 Cr | Listed at BSE, NSE | Thu, Nov 17, 2005 - Tue, Nov 22, 2005
AIA Engineering IPO is a book build issue of ₹148.05 crores. The issue is entirely a fresh issue of 0.47 crore shares of ₹148.05 crore.
AIA Engineering IPO bidding started from Nov 17, 2005 and ended on Nov 22, 2005. The shares got listed on NSE and BSE on Dec 14, 2005.
AIA Engineering IPO is set final issue price at ₹315 per share.
SBI Capital Markets Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to AIA Engineering IPO RHP for detailed Information.
IPO Open
Thu, Nov 17, 2005
IPO Close
Tue, Nov 22, 2005
Issue Price
₹315 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 17 to 22 Nov, 2005 |
| Listed on | Wed, Dec 14, 2005 |
| Face Value | ₹10 per share |
| Price Band | ₹275 to ₹315 |
| Issue Price | ₹315 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 47,00,000 shares (agg. up to ₹148 Cr) |
| Fresh Issue | 47,00,000 shares (agg. up to ₹148 Cr) |
| Share Holding Pre Issue | 1,30,76,380 shares |
| Share Holding Post Issue | 1,77,76,380 shares |
| BSE Script Code / NSE Symbol | 532683 / AIAENG |
| ISIN | INE212H01026 |
AIA Engineering IPO comprises a total issue size of 47,00,000 shares. The net offer to the public is 45,12,000 shares, after excluding 1,88,000 shares under a preferential allotment. Of the Net offer 22,56,000 (50.00%) are allocated to QIB, 6,76,800 (15.00%) allocated to NII 15,79,200 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 22,56,000 | 50.00% | 48.00% |
| NII (HNI) Shares Offered | 6,76,800 | 15.00% | 14.40% |
| Retail Shares Offered | 15,79,200 | 35.00% | 33.60% |
| Preferential Reservations | |||
| Employee Shares Offered | 1,88,000 | 4.00% | |
| Total Shares Offered | 47,00,000 | 100.00% | 100.00% |
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹2 Lakhs | Yes |
| Employee + RII/NII | Up to ₹2Lakhs (EMP) + RII/NII limits | Yes (EMP/RII) |
Incorporated in 1991, AIA Engineering Limited is engaged in the design, manufacture, and supply of high chrome wear-resistant castings used in crushing and grinding operations across industries such as cement, mining, and utilities.
The company provides integrated solutions for grinding processes, including grinding media, mill internals, and related components for both tube mills (horizontal) and vertical mills. Its product portfolio includes liners, diaphragms, grinding rolls, table liners, crusher parts, and heat-resistant castings, designed to improve operational efficiency and reduce wear and maintenance costs.
AIA Engineering Limited also offers value-added services such as mill audits, design optimization, alloy selection, installation supervision, and process improvement solutions aimed at enhancing productivity and reducing power consumption for customers.
The company has developed strong in-house research and development capabilities, supported by past and ongoing technical collaborations with global players. Its products cater to a wide customer base, including major cement manufacturers, mining companies, and thermal power plants in India and overseas markets.
The company operates multiple manufacturing facilities in India, primarily located in Ahmedabad and Nagpur, and markets its products globally through subsidiaries in regions such as the UK, USA, and the Middle East.
| Period Ended | 30 Sep 2005 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|
| Assets | 154.58 | 171.42 | 142.04 |
| Total Income | 138.20 | 228.02 | 173.90 |
| Profit After Tax | -0.02 | 20.40 | 20.58 |
| NET Worth | 85.11 | 71.17 | 37.05 |
| Reserves and Surplus | 72.58 | 58.10 | 34.60 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Manufacturing Facility at Changodar | 73.96 |
| 2 | Incremental Working Capital Margin | 14.73 |
| 3 | General Corporate Purposes | |
| 4 | Issue Expenses | |
| Total | 88.68 |
| KPI | Mar 31, 2004 | Mar 31, 2005 |
|---|---|---|
| RoNW | 55.74% | 28.26% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 93.64% | 68.88% |
The AIA Engineering IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 27.30 | 47,00,000 | 12,82,99,500 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Management | |
| 2 | Underwriting & Selling Commission | |
| 3 | Fees payable to Registrar, Legal Advisors & Auditors | |
| 4 | Printing, Stationery & Postage | |
| 5 | Advertisement and Marketing | |
| 6 | Other expense | |
| Total | 0.00 |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹315.00 | ₹315.00 |
| Open | ₹387.00 | ₹399.95 |
| Low | ₹387.00 | ₹391.20 |
| High | ₹501.70 | ₹504.90 |
| Last Trade | ₹491.50 | ₹491.30 |
Lead Manager Reports
AIA Engineering IPO is a main-board IPO of 47,00,000 equity shares of the face value of ₹10 aggregating up to ₹148 Crores. The issue is priced at ₹315 per share. The minimum order quantity is .
The IPO opens on Thu, Nov 17, 2005, and closes on Tue, Nov 22, 2005.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in AIA Engineering IPO using UPI as a payment gateway. Zerodha customers can apply in AIA Engineering IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in AIA Engineering IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The AIA Engineering IPO opens on Thu, Nov 17, 2005 and closes on Tue, Nov 22, 2005.
AIA Engineering IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in AIA Engineering IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for AIA Engineering IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the AIA Engineering IPO allotment status.
The AIA Engineering IPO listing date is on .
