Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Amrut Dredging & Shipping Ltd. IPO is a Book Build Issue
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Incorporated in 2014, Amrut Dredging and Shipping Limited is a private marine and dredging services company based in India. The company operates as a contractor, providing marine infrastructure and dredging services to both major and non-major ports, shipyards, and other maritime entities across the country.
The core business includes charter hire of marine vessels and execution of capital and maintenance dredging projects. The company also engages in rock dredging using non-explosive methods, supporting environmentally sensitive operations. Its services extend to coastal protection, beach nourishment, land reclamation, and inland dredging, often delivered as integrated solutions in collaboration with port operators and consulting engineers.
Amrut Dredging and Shipping Limited operates a fleet of dredgers, hopper barges, jack-ups, tugboats, and other specialized marine equipment for short- and long-term charters, both in India and internationally. In addition, the company provides allied services such as salvage, bunkering, potable water and fuel supply, and sea transportation.
With experience across various marine projects, Amrut Dredging and Shipping Limited has served clients such as Larsen & Toubro Limited, HOWE Engineering, and Coastal Marine Construction and Engineering Ltd.
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 161.83 | 147.17 | 72.90 | 53.96 |
| Total Income | 21.14 | 39.79 | 25.14 | 22.98 |
| Profit After Tax | 10.51 | 5.00 | 0.36 | 1.97 |
| NET Worth | 120.54 | 110.03 | 39.01 | 39.14 |
| Reserves and Surplus | 108.03 | 97.52 | 31.86 | 31.99 |
| Total Borrowing | 13.08 | 14.18 | 21.79 | 5.51 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure towards purchase of dredgers, barges and tugs. | 35.95 |
| 2 | To fund the working capital requirements of the Company. | 19.00 |
| 3 | To fund the expenditure towards general corporate purposes.. |
| KPI | Mar 31, 2024 |
|---|---|
| Debt/Equity | 0.13 |
| RoNW | 6.68% |
| PAT Margin | 12.58% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 72.88% |
Lead Manager Reports
Amrut Dredging IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Amrut Dredging IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Amrut Dredging IPO using UPI as a payment gateway. Zerodha customers can apply in Amrut Dredging IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Amrut Dredging IPO through Zerodha
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The Amrut Dredging IPO dates are not announced. Please check back again after some time.
Amrut Dredging IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Amrut Dredging 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 Amrut Dredging IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Amrut Dredging IPO allotment status.
The Amrut Dredging IPO listing date is not yet announced. The tentative date of listing is .
