Fixed Price IPO | ₹7 Cr | Listed at NSE SME | Thu, Aug 25, 2022 - Tue, Aug 30, 2022
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Aug 25, 2022
IPO Close
Tue, Aug 30, 2022
Issue Price
₹34 per share
Market Cap (Pre-IPO)
₹25.50 Cr
| IPO Date | 25 to 30 Aug, 2022 |
| Listed on | Thu, Sep 8, 2022 |
| Face Value | ₹10 per share |
| Issue Price | ₹34 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 21,00,000 shares (agg. up to ₹7 Cr) |
| Reserved for Market Maker | 1,08,000 shares Shreni Shares Ltd. (agg. up to ₹0.3672 Cr) |
| Fresh Issue (Ex Market Maker) | 13,92,000 shares (agg. up to ₹5 Cr) |
| Offer for Sale | 6,00,000 shares of ₹10 (agg. up to ₹2 Cr) |
| Net Offered to Public | 19,92,000 shares (agg. up to ₹7 Cr) |
| Share Holding Pre Issue | 60,00,000 shares |
| Share Holding Post Issue | 75,00,000 shares |
| NSE Symbol | AMEYA |
| ISIN | INE0KT901015 |
Ameya Precision Engineers IPO comprises a total issue size of 21,00,000 shares. The net offer to the public is 19,92,000 shares, after excluding 1,08,000 shares allotted on a firm basis. Of the Net offer 9,96,000 (50.00%) allocated to NII 9,96,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 9,96,000 | 50.00% | 47.43% |
| Retail Shares Offered | 9,96,000 | 50.00% | 47.43% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,08,000 | 5.14% | |
| Total Shares Offered | 21,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples thereof.
| 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 |
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 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|
| Assets | 19.98 | 20.12 | 22.35 |
| Total Income | 23.96 | 24.89 | 23.48 |
| Profit After Tax | 1.53 | 2.73 | 1.80 |
| NET Worth | 13.51 | 11.99 | 9.26 |
| Reserves and Surplus | 7.51 | 9.99 | 8.26 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet the Capital Expenditure Requirements | 0.64 |
| 2 | Funding working capital requirements | 2.76 |
| 3 | General corporate purposes | 1.02 |
| KPI | |
|---|---|
| ROE | 11.92 |
| ROCE | 17.04 |
| Debt/Equity | 0.22 |
| RoNW | 11.25 |
| PAT Margin | 6.36% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 2.53 | |
| P/E (x) | 16.75 | |
| Promoter Holding | 99.99% | 71.9960% |
| Market Cap | ₹25.50 Cr. |
The Ameya Engineers IPO is subscribed 251.35 times on August 30, 2022 5:00:00 PM (Day 4). The public issue subscribed 243.53 times in the retail category, [.] times in the QIB category, and 259.16 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 259.16 | 9,96,000 | 25,81,28,000 |
| Retail | 243.53 | 9,96,000 | 24,25,52,000 |
| Total | 251.35 | 19,92,000 | 50,06,80,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead manager(s) fees including underwriting commission | 0.29 |
| 2 | Brokerage, selling commission and upload fees | 0.00 |
| 3 | Registrar to the offer | 0.01 |
| 4 | Legal Advisors | 0.00 |
| 5 | Advertising and marketing expenses | 0.52 |
| 6 | Regulators including stock exchanges | 0.03 |
| 7 | Printing and distribution of issue stationary | 0.01 |
| 8 | Others, if any (market making, depositories, marketing fees, secretarial, peer review auditors, etc.) | 0.10 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹34.00 |
| Open | ₹68.40 |
| Low | ₹65.00 |
| High | ₹71.80 |
| Last Trade | ₹65.40 |
Lead Manager Reports
Ameya Precision Engineers IPO is a SME IPO of 21,00,000 equity shares of the face value of ₹10 aggregating up to ₹7 Crores. The issue is priced at ₹34 per share. The minimum order quantity is 4000.
The IPO opens on Thu, Aug 25, 2022, and closes on Tue, Aug 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 Thu, Aug 25, 2022 and closes on Tue, Aug 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 Wed, Sep 7, 2022. Check the Ameya Precision Engineers IPO allotment status.
The Ameya Precision Engineers IPO listing date is on Thu, Sep 8, 2022.
