Issue Price
₹150
Per Share
GMP
NIL
Grey Market
Est. Listing
₹150
Expected Price
Min. Application
₹300,000
2 lots × 1000 shares
Incorporated in 2005, Ahlada Engineers Ltd is Hyderabad based manufacturer of steel doors, windows, and clean room equipment. The 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 Strengths1. 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.
Ahlada Engineers Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 171,000 | — | ₹2.57 Cr | — |
| TOTAL | 3,405,000 | 100.00% | ₹51.08 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹150,000 |
| Retail (Max) | 13 | 13,000 | ₹1,950,000 |
| sNII (Min) | 14 | 14,000 | ₹2,100,000 |
| bNII (Min) | 68 | 68,000 | ₹10,200,000 |
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue from Operations | 12789.38 | 11855.26 | 11147.19 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 809.01 | 327.29 | 305.98 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 14562.47 | 9785.69 | 8386.93 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |