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Ameya Precision Engineers Ltd IPO (Ameya Engineers IPO) Detail

Aug 25, 2022 - Aug 30, 2022

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.

Company Financials

Ameya Precision Engineers Ltd Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-202235.22347.76180.04925.9825.9
31-Mar-212011.82488.58272.641198.54998.54
31-Mar-221998.072396.36152.971350.51750.51
Amount in ₹ Lakhs

Objects of the Issue

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:

  1. To Meet the Capital Expenditure Requirements
  2. Funding working capital requirements; and
  3. General corporate purposes.

Ameya Engineers IPO Details

Ameya Engineers IPO Date Aug 25, 2022 to Aug 30, 2022
Ameya Engineers IPO Face Value ₹10 per share
Ameya Engineers IPO Price ₹34 per share
Ameya Engineers IPO Lot Size 4000 Shares
Issue Size2,100,000 shares of ₹10
(aggregating up to ₹7.14 Cr)
Fresh Issue1,500,000 shares of ₹10
(aggregating up to ₹5.10 Cr)
Offer for Sale600,000 shares of ₹10
(aggregating up to ₹2.04 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
NII (HNI) Shares Offered50% of the net offer
Retail Shares Offered50% of the net offer
Company PromotersThe promoters of the company are: 1. Bipin Shirish Pande 2. Nikhil Shirish Pande

Ameya Engineers IPO Timeline (Tentative Timetable)

Ameya Engineers IPO opens on Aug 25, 2022, and closes on Aug 30, 2022. The Ameya Engineers IPO bid date is from Aug 25, 2022 10.00 A.M. to Aug 30, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
Ameya Engineers IPO Opening Date Aug 25, 2022
Ameya Engineers IPO Closing Date Aug 30, 2022
Basis of Allotment Sep 5, 2022
Initiation of Refunds Sep 6, 2022
Credit of Shares to Demat Sep 7, 2022
Ameya Engineers IPO Listing Date Sep 8, 2022

Ameya Engineers IPO Lot Size

The Ameya Engineers IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹136,000).

Application Lots Shares Amount
Retail (Min) 1 4000 ₹136,000
Retail (Max) 1 4000 ₹136,000

Ameya Engineers IPO Promoter Holding

Pre Issue Share Holding 99.99%
Post Issue Share Holding 71.9960%

Ameya Engineers IPO Review

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...


Ameya Engineers IPO Subscription Status (Bidding Detail)

The Ameya Engineers IPO is subscribed 251.35 times on Aug 30, 2022 5:00:00 PM. 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)

CategorySubscription (times)
NII259.16
Retail243.53
Total251.35

Ameya Engineers IPO Prospectus

Ameya Engineers IPO Rating

310
4.1
Rating:Rated 4.1 stars
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Ameya Engineers IPO Listing Date

Listing Date Thursday, September 8, 2022
BSE Script Code
NSE Symbol AMEYA
Listing In ST Group of Securities
ISIN INE0KT901015
IPO Price ₹34 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
IPO Price: ₹34.00
Open: ₹68.40
Low: ₹65.00
High: ₹71.80
Last Trade: ₹65.40

Company Contact Information

Ameya Precision Engineers Ltd
Gat No.345, Village-Kasurdi,
Tal. Bhor,
Pune - 412 205
Phone: 9552589861
Email: investor@ameyaengineers.com
Website: https://www.ameyaengineers.com/

Ameya Engineers IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: admin@skylinerta.com
Website: https://www.skylinerta.com/

Ameya Engineers IPO Review

Ameya Engineers IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 6 0 1

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Ameya Engineers IPO FAQs

Ameya Engineers IPO is a SME IPO of 2,100,000 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 Shares.

The IPO opens on Aug 25, 2022, and closes on Aug 30, 2022.

Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Ameya Engineers IPO using UPI as a payment gateway. Zerodha customers can apply in Ameya Engineers IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Ameya Engineers IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Ameya Engineers IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Ameya Engineers IPO opens on Aug 25, 2022 and closes on Aug 30, 2022.

Ameya Engineers IPO lot size is 4000 Shares and the minimum order quantity is .

You can apply in Ameya Engineers IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Ameya Engineers IPO will be done on Sep 5, 2022, and the allotted shares will be credited to your demat account by Sep 7, 2022. Check the Ameya Engineers IPO allotment status.

The Ameya Engineers IPO listing date is on Thursday, September 8, 2022.
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