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November 29, 2023 - December 1, 2023

AMIC Forging IPO FAQ

AMIC Forging IPO Date & Price

The AMIC Forging IPO opens on November 29, 2023 and closes on December 1, 2023.

AMIC Forging IPO timetable / schedule is as below:
  • Bid/Offer Opens On: November 29, 2023
  • Bid/Offer Closes On: December 1, 2023
  • Finalization of Basis of Allotment: December 4, 2023
  • Initiation of refunds: December 5, 2023
  • Credit of Equity Shares: December 5, 2023
  • Listing Date: December 6, 2023

AMIC Forging IPO price is set at ₹126 per equity share.

AMIC Forging IPO will close for subscription at 5 PM on December 1, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The AMIC Forging IPO starts on November 29, 2023. The issue ends on December 1, 2023.

AMIC Forging IPO Issue Size and Subscription Status

The AMIC Forging IPO size is 2762000 Equity Shares of ₹10 aggregating up to ₹34.80 Cr.

AMIC Forging Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for AMIC Forging IPO shares through the banks (using ASBA) or through the broker (using UPI).

AMIC Forging IPO Offer Size

Qualified Institutional Buyers (QIB)524,000 Shares
Non-Institutional Investors (NII)394,000 Shares
Retail Individual Investor (RII)919,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size1,837,000 Shares

AMIC Forging IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)91.43 times times
Non-Institutional Investors (NII)589.27 times times
Retail Individual Investor (RII)273.01 times times
Employee Reservations times
Other Reservations times
Total Issue Size289.05 times times

Click here to check the AMIC Forging IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in AMIC Forging IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check AMIC Forging IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

AMIC Forging IPO Allotment and Listing

The AMIC Forging IPO allot status will be available online on December 4, 2023. Check the AMIC Forging IPO Allotment Status here.

Click here to check AMIC Forging IPO Allotment Status.

AMIC Forging IPO listing Date is December 6, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The AMIC Forging IPO listing date and time is published by the exchange in a circular.

Click here to view the AMIC Forging IPO Basis of Allotment.

It is hard to say at what price AMIC Forging IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The AMIC Forging IPO shares will list on December 6, 2023 at BSE SME.

AMIC Forging IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about AMIC Forging IPO which could help you with questions like AMIC Forging IPO buy or not? You should also read AMIC Forging IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

AMIC Forging IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the AMIC Forging IPO performance. The performance reports are available 1 day after listing.