Ahlada Engineers Ltd IPO (Ahlada Engineers IPO) Detail

Sep 11, 2018 - Sep 18, 2018

Incorporated in 2005, Ahlada Engineers Ltd is Hyderabad based manufacturer of steel doors, windows, and clean room equipment. Company's customer base includes the pharmaceutical, biotechnology, food, healthcare, entertainment and real estate industries.

Ahlada Engineers has inked an agreement with Tata Steel to manufacture and supply steel doors (which is sold by Tata Steel Ltd under their brand name "PRAVESH"). The company manufactures and supplies steel doors and windows to other industrial customers as well.

Ahlada Engineers has 3 manufacturing facilities, an assembly unit and a stockyard located on the outskirts of Hyderabad city. The company has in-house research, design and quality teams.

Competitive Strengths

1. ISO 9001:2015 (Quality Management system), ISO 14001:2015 (Environmental Management system) and OHSAS 18001:2007 (Occupational Health and Safety Management system) certifications from TÜV SÜD Management Service GmbH.

2. Tata Steel Limited has ensured an assured offtake of its products i.e. steel doors.

3. Receive quality & process improvements from Tata Steel as per agreement with them. This helps the company to improve processes and quality of the products.

4. The company maintains an integrated manufacturing facility with independent storage facility spread across an area of 34,211 square yards.

Company Promoters:

Mr Chedepudi Suresh Mohan Reddy is the Promoter and Managing Director of the Company. He currently holds 68.38% of the Company's Pre-Issue equity share capital.

Company Financials:

Summary of financial Information (Restated Standalong)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 14,562.47 9,785.69 8,386.93 6,912.18 6,084.47
Total Revenue 12,789.38 11,855.26 11,147.19 9,630.66 7,913.50
Profit After Tax 809.01 327.29 305.98 258.61 264.85

Objects of the Issue:

The Objects of the Issue are as below:
1. Repayment of certain identified loans availed from lenders and directors
2. Purchase of Machinery/Equipment
3. Funding of Working Capital Gap
4. General Corporate Purposes.

Ahlada Engineers IPO Details

IPO DateSep 11, 2018 - Sep 18, 2018
Issue TypeBook Built Issue IPO
Issue Size3,405,000 Eq Shares of ₹10
(aggregating up to ₹51.08 Cr)
Face Value₹10 Per Equity Share
IPO Price₹147 to ₹150 Per Equity Share
Market Lot1000 Shares
Min Order Quantity1000 Shares
Listing AtNSE SME

Ahlada Engineers IPO Tentative Date / Timetable

Bid/Offer Opens OnSep 11, 2018
Bid/Offer Closes OnSep 18, 2018
Finalisation of Basis of AllotmentSep 24, 2018
Initiation of RefundsSep 25, 2018
Credit of Shares to Demat AcctSep 25, 2018
IPO Shares Listing DateSep 27, 2018

Ahlada Engineers IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum11000₹150,000
Maximum11000₹150,000

Ahlada Engineers IPO Subscription Status (Bidding Detail)

Ahlada Engineers IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Total

Shares Offered

1,294,000

808,000

1,132,000

3,234,000

Sep 18, 2018 18:00

1.44x

2.64x

3.19x

2.35x

Ahlada Engineers IPO Prospectus

Ahlada Engineers IPO Rating

138
3.8
Rating:Rated 3.8 stars

Vote Here ...

Ahlada Engineers IPO Listing Date

Listing DateSaturday, October 27, 2018
BSE Script Code
NSE SymbolAHLADA
Listing In
ISININE00PV01013
IPO Price₹150 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹150.00
Open:₹141.00
Low:₹134.40
High:₹134.40
Last Trade:₹136.00
Volume:40,000

Ahlada Engineers IPO Reviews / Ratings

Company Contact Information

Ahlada Engineers Ltd
Door No 4-56, Survey No. 62/1/A & 67,
Tech Mahindra Road, Bahadurpally, Qutbullapur Mand
Hyderabad 500 043, Rangareddi

Phone: +91 98 6650 0811
Email: kodanda.cs@ahlada.com
Website: http://ahlada.com/

Ahlada Engineers IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Ahlada Engineers IPO FAQs

  1. 1. What is Ahlada Engineers IPO?

    Ahlada Engineers IPO is a SME IPO of 3,405,000 equity shares of the face value of ₹10 aggregating up to ₹51.08 Crores.

    The issue price of the IPO is ₹147 to ₹150 Per Equity Share. The minimum order quantity is 1000 Shares per application and the offer type is Book Built Issue.

    The IPO opens on Sep 11, 2018 and closes on Sep 18, 2018.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

  2. 2. When Ahlada Engineers IPO will open?

    The Ahlada Engineers IPO opens on Sep 11, 2018 and closes on Sep 18, 2018.

  3. 3. How to apply for Ahlada Engineers IPO?

    Ahlada Engineers IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Ahlada Engineers IPO allotment?

    The finalization of Basis of Allotment for Ahlada Engineers IPO will be done on Sep 24, 2018, and the allotted shares will be credited to your demat account by Sep 25, 2018. Check the Ahlada Engineers IPO allotment status.

  5. 5. When is Ahlada Engineers IPO listing date?

    The Ahlada Engineers IPO listing date is on Saturday, October 27, 2018, at NSE SME.
  6. 6. What is the lot size of Ahlada Engineers IPO?

    Ahlada Engineers IPO lot size is 1000 Shares and the minimum order quantity is 1000 Shares.

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Ahlada Engineers IPO Review / Comments

SME BADSHAH
68. SME BADSHAH  Sep 27, 2018 19:14
Rachbhare, I think so that you have not seen in today Bulk deal that Saffron the Market maker himself has bought 80,000 shares @ Rs.143.19. If they would not have confidence on the company they wouldn't have bought these shares. Secondly Pre- Ipo Shares are always locked in for 1 Years so private placement investors cannot sell untill a period of 1 year.
IpoNewbie
67. IpoNewbie  Sep 27, 2018 10:17
look at inflame issue price 54 very poor listing went for less than 30
now trading @ 100
only one way to earn in sme stick to quality
SME BADSHAH
66. SME BADSHAH  Sep 27, 2018 10:15
Disappointing listing indeed but my advise is to hold it definitely as it might surely go above the issue price in the next upcoming days.
RAJAKUMAR
65. RAJAKUMAR  Sep 27, 2018 10:03
IPO Guru IPO Guru (1300+ Posts, 900+ Likes)
Now near issue price.
RAJAKUMAR
64. RAJAKUMAR  Sep 27, 2018 09:47
IPO Guru IPO Guru (1300+ Posts, 900+ Likes)
One more listing loss. It discovered at 141.
Iposuggestion
64.1. Iposuggestion  Sep 27, 2018 09:48
What to do now? Hold or sell?
RAJAKUMAR
64.2. RAJAKUMAR  Sep 27, 2018 09:56
IPO Guru IPO Guru (1300+ Posts, 900+ Likes)
Sir,
Fundamentally good company. Now fundamental not work in present market condition. If discover price breaks it will fall down otherwise it will move to near issue price.
I can not suggest what to do.
Iposuggestion
63. Iposuggestion  Sep 27, 2018 09:45
141.. very poor listing.
Iposuggestion
63.2. Iposuggestion  Sep 27, 2018 09:50
Ha
IpoNewbie
63.3. IpoNewbie  Sep 27, 2018 09:55
hahaha people are wise even if listing is poor people are holding it for long term
just wait n watch it will at 25% high in next week.
Hiteshji
62. Hiteshji  Sep 27, 2018 08:36
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Listing today
Iposuggestion
61. Iposuggestion  Sep 26, 2018 11:00
Any gmp?
Devendrap
60. Devendrap  Sep 25, 2018 10:45
Anyone's suggest for listing gain
Manish Dattani
60.1. Manish Dattani  Sep 25, 2018 11:06
There will be 1 or 2 RS gain
IpoNewbie
60.2. IpoNewbie  Sep 26, 2018 06:44
Hold it for 2 months and watch your money grow.
Dont sell for the listing gain.
Hiteshji
59. Hiteshji  Sep 25, 2018 20:14
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Thursday
mittaldatt
58. mittaldatt  Sep 25, 2018 17:36
Listing date pl
Hiteshji
57. Hiteshji  Sep 25, 2018 11:06
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
DOUBT FOR LISTING GAIN
AS MARKET IS UNCERTAIN.
Devendrap
56. Devendrap  Sep 25, 2018 10:44
Allotment out 1/2
Devendrap
55. Devendrap  Sep 20, 2018 17:40
I applied 2 los under HNI category. Please advice allotment chances.
Devendrap
54. Devendrap  Sep 20, 2018 17:38
I applied 2 lots under HNI category. Please advice allotment chance.
MAMU
53. MAMU  Sep 18, 2018 20:44
Issue closed...
Retail allocation will be on proportionate ratio as HNI figures are lower than retail category.
So after rejection of few application one can expect allotment ratio will be 1.75 to 2 applocation per one lot.
Singh Waheguru
52. Singh Waheguru  Sep 18, 2018 17:13
thx chittorgarh for unblocking my account,......
DownriteVJ
51. DownriteVJ  Sep 18, 2018 15:50
IPO Guru IPO Guru (1200+ Posts, 1100+ Likes)
Me too skipping this one
gala
50. gala  Sep 18, 2018 15:27
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Skipped !! Though I feel it won't loose grnd like Lagnam bt a huge issue will require great support for considerable gain which is unlikely !! Nothing much to lose Soo skipped !!
gala
50.1. gala  Sep 18, 2018 15:36
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
I post my personal review I don't create my opinion by others opinion already posted see 43 no. comment
medge
50.2. medge  Sep 18, 2018 15:41
IPO Mentor IPO Mentor (700+ Posts, 1200+ Likes)
Thanks
RAJAKUMAR
49. RAJAKUMAR  Sep 18, 2018 15:40
IPO Guru IPO Guru (1300+ Posts, 900+ Likes)
I skipped
medge
49.1. medge  Sep 18, 2018 15:41
IPO Mentor IPO Mentor (700+ Posts, 1200+ Likes)
Thank You.






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