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| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹34.80 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹34.80 Cr |
| Fresh Issue | ₹33.05 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹121.00-126.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544037 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Gretex Corporate Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
Founded in 2007, AMIC Forging Limited, previously known as Kali Mata Forging Private Limited, manufactures forged components catering to various industries.
AMIC Forging's product portfolio includes main shafts for wind energy, drum tube sheets, casting molds, forged shells, tube sheets, channel covers, trunnions for nuclear power plants, forged necks, wheels, and nozzles for oil and gas.
The company's customers include companies from heavy engineering, the steel industry, the oil and gas industry, the petrochemical industry, the chemical industry, refineries, thermal power plants, nuclear power plants, hydropower plants, the cement industry, the sugar industry, and other related industries.
All products are made of carbon steel, alloy steel, stainless steel, nickel, and tool alloys.
As of June 30, 2023, the company had 80 Employees consisting of 56 permanent employees and 24 temporary laborers.
The company's manufacturing units are equipped with a forging unit with an electro-hydraulic hammer with a capacity of 6 M/ton and a pneumatic hammer with a capacity of 1 M/ton.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of Manufacturing facility | 22.35 |
| 2 | Working Capital Requirements | 7.50 |
| 3 | General Corporate Purposes | 1.00 |
| Total | 30.85 |
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 63.68 | 61.08 | 31.64 | 16.22 |
| Total Income | 29.79 | 116.83 | 71.39 | 26.43 |
| Profit After Tax | 3.60 | 9.80 | 0.87 | 0.56 |
| NET Worth | 23.38 | 19.84 | 7.67 | 6.81 |
| Reserves and Surplus | 22.53 | 18.98 | 6.96 | 6.10 |
| Total Borrowing | 2.87 | 3.85 | 10.71 | 4.37 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 71.25% |
| ROCE | 55.78% |
| Debt / Equity | 0.26% |
| RoNW | 49.40% |
| PAT Margin | 8.46% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 12.83 | |
| P/E (x) | 1.01 | 9.18 |
| Promoter Holding | 78.38% | 57.74% |
| Market Cap | ₹132.15 Cr. | |
