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Ameya Precision Engineers IPO is a fixed price issue of ₹7.14 crores. The issue is a combination of fresh issue of 0.15 crore shares aggregating to ₹5.10 crores and offer for sale of 0.06 crore shares aggregating to ₹2.04 crores.
Ameya Precision Engineers IPO bidding started from Aug 25, 2022 and ended on Aug 30, 2022. The allotment for Ameya Precision Engineers IPO was finalized on Sep 5, 2022. The shares got listed on NSE SME on Sep 8, 2022.
Ameya Precision Engineers IPO price is ₹34.00 per share . The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,36,000 (4000 shares). The minimum lot size investment for HNI is 2 lots (8,000 shares), amounting to ₹2,72,000.
Shreni Shares Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Shreni Shares Ltd..
Refer to Ameya Precision Engineers IPO RHP for detailed Information.
| IPO Date | August 25, 2022 to August 30, 2022 |
| Listing Date | September 8, 2022 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹34 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 21,00,000 shares (aggregating up to ₹7.14 Cr) |
| Reserved for Market Maker | 1,08,000 shares Shreni Shares Ltd. (aggregating up to ₹0.3672 Cr) |
| Fresh Issue (Ex Market Maker) | 13,92,000 shares (aggregating up to ₹4.73 Cr) |
| Offer for Sale | 6,00,000 shares of ₹10 (aggregating up to ₹2.04 Cr) |
| Net Offered to Public | 19,92,000 shares (aggregating up to ₹6.77 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 60,00,000 shares |
| Share Holding Post Issue | 75,00,000 shares |
Ameya Engineers IPO offers total 21,00,000 shares. Out of which 9,96,000 (47.43%) allocated to NII, 9,96,000 (47.43%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,08,000 (5.14%) |
| NII (HNI) Shares Offered | 9,96,000 (47.43%) |
| Retail Shares Offered | 9,96,000 (47.43%) |
| Total Shares Offered | 21,00,000 (100.00%) |
Ameya Precision Engineers IPO opens on August 25, 2022, and closes on August 30, 2022.
| IPO Open Date | Thu, Aug 25, 2022 |
| IPO Close Date | Tue, Aug 30, 2022 |
| Tentative Allotment | Mon, Sep 5, 2022 |
| Initiation of Refunds | Tue, Sep 6, 2022 |
| Credit of Shares to Demat | Wed, Sep 7, 2022 |
| Tentative Listing Date | Thu, Sep 8, 2022 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Aug 30, 2022 |
Investors can bid for a minimum of 4,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹1,36,000 |
| Retail (Max) | 1 | 4,000 | ₹1,36,000 |
| HNI (Min) | 2 | 8,000 | ₹2,72,000 |
| Promoter Holding Pre Issue | 99.99% |
| Promoter Holding Post Issue | 71.9960% |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-20 | 2235.2 | 2347.76 | 180.04 | 925.9 | 825.9 |
| 31-Mar-21 | 2011.8 | 2488.58 | 272.64 | 1198.54 | 998.54 |
| 31-Mar-22 | 1998.07 | 2396.36 | 152.97 | 1350.51 | 750.51 |
| Amount in ₹ Lakhs | |||||
The market capitalization of Ameya Precision Engineers IPO is ₹25.50 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 16.75 |
The Issue comprises Fresh Issue of Equity Share by the Company and an Offer for Sale by the selling shareholder. The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
[Dilip Davda] The company is in precision components for the engineering industry and has reported a static top line for the last three fiscals. Its bottom line however marked inconsistency. Based on its FY22 earnings, the issue appears fully priced. Cash surplus/risk seekers may consider an investment with a medium to long-term perspective. Read detail review...
| Listing Date | September 8, 2022 |
| BSE Script Code | |
| NSE Symbol | AMEYA |
| ISIN | INE0KT901015 |
| Final Issue Price | ₹34 per share |
| BSE Listing Group | ST |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹34.00 |
| Open | ₹68.40 |
| Low | ₹65.00 |
| High | ₹71.80 |
| Last Trade | ₹65.40 |
Ameya Precision Engineers Ltd.
Gat No.345,
Village-Kasurdi,
Tal. Bhor,
Pune, Maharashtra, 412205
Phone: 9552589861
Email: investor@ameyaengineers.com
Website: https://www.ameyaengineers.com/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: admin@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Ameya Precision Engineers IPO is a SME IPO of 21,00,000 equity shares of the face value of ₹10 aggregating up to ₹7.14 Crores. The issue is priced at ₹34 per share. The minimum order quantity is 4000.
The IPO opens on August 25, 2022, and closes on August 30, 2022.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Ameya Precision Engineers IPO using UPI as a payment gateway. Zerodha customers can apply in Ameya Precision Engineers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ameya Precision Engineers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ameya Precision Engineers IPO opens on August 25, 2022 and closes on August 30, 2022.
Ameya Precision Engineers IPO lot size is 4000, and the minimum amount required for application is ₹1,36,000.
You can apply in Ameya Precision Engineers 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 Ameya Precision Engineers IPO will be done on Monday, September 5, 2022, and the allotted shares will be credited to your demat account by Wednesday, September 7, 2022. Check the Ameya Precision Engineers IPO allotment status.
The Ameya Precision Engineers IPO listing date is on Thursday, September 8, 2022.
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