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AMIC Forging Limited

Book Built Issue IPO · BSE

Price band
₹121 - ₹126
Lot size
1,000 shares
Issue amount
₹34.8 cr
Total subscription
289.12×
Current price₹2,245
Listing price ₹239.4
Watch live price ↗
Opens
29 Nov 2023
Closes
1 Dec 2023
Allotment
4 Dec 2023
Listing
6 Dec 2023

Offer at a glance

Issue overview

Issue size
27,62,000 shares
Face value
₹10 per share
Minimum investment
₹1,21,000
Fresh issue
₹34.8 cr
Offer for sale
₹0 cr
Registrar
Bigshare Services Pvt Ltd
Listing exchange
BSE
Maximum investment
₹1,26,000
Issue type
Book Built Issue IPO
Shares before issue
77,26,410
Shares after issue
1,04,88,410

Lot sizes

CategoryLotsSharesAmount
RETAIL11,000₹1,26,000
HNI22,000₹2,52,000

Share reservation

QIB47.43%
NII(HNI)14.27%
RETAIL33.27%
Market Maker5.03%

Subscription & GMP

Subscription by category

Total subscribed289.12×

Missing multiples are calculated from bids and offered shares when available.

QIB91.43×
NIB589.63×
RETAIL273.01×

GMP history

067.513517 Mar: ₹1355 Nov: ₹135
17 Mar₹1355 Nov

Subscription demand

Amounts in ₹ crore. HNI subcategories are included in the NII total.

CategoryOfferedDemand
QIBs6.6603.68
RETAIL11.583,161.26
NIB4.962,927.14

Financial performance

Company financials

in ₹ Lakhs · Reported periods may include interim results.

Revenue & profitin ₹ Lakhs
05,00010,00015,000Mar 2021 · Revenue: 2,643.37Mar 2021 · Profit after tax: 56.27Mar 2021Mar 2022 · Revenue: 7,138.82Mar 2022 · Profit after tax: 86.59Mar 2022Mar 2023 · Revenue: 11,683.01Mar 2023 · Profit after tax: 980.01Mar 2023Jun 2023 · Revenue: 2,979.32Jun 2023 · Profit after tax: 359.94Jun 2023
RevenueProfit after tax

Key performance indicators

MetricValues
EPS12.83
ROE71.25
ROCE55.78
RONW49.4
PRE IPO(PE)1.01
POST IPO(PE)9.18

Values and labels as reported in the issue data.

Company information

Company profile

Incorporated in 2007, AMIC Forging Limited (formerly Kali Mata Forging Private Limited) manufactures forged and precision machined components like rounds, shafts, blanks, flanges, hubs, gear couplings, and other engineering spares for multiple industries including heavy engineering, steel, oil & gas, petrochemicals, power, cement, sugar, and more. The company works with carbon steel, alloy steel, stainless steel, nickel, and tool alloys and follows international standards like AISI, BS, IS, and DIN. It has modern forging facilities with electro hydraulic and pneumatic hammers, controlled furnaces, a heat treatment plant with water and oil quenching, and a dedicated machine shop. The company recorded revenue from operations of Rs. 2,954.57 Lacs for the period ended June 30, 2023, Rs. 11,585.41 Lacs in FY23, and Rs. 7,111.97 Lacs in FY22.

Promoters

Mr. Girdhari Lal Chamaria

Mr. Anshul Chamaria

Ms. Manju Chamaria

Ms. Rashmi Chamaria

Registrar & documents

Lead manager

Gretex Corporate Services Limited

Registered office

3A, Garstin Place, 2nd Floor, Kolkata – 700001

033 - 40668190

[email protected]Company website ↗

Understanding AMIC IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.