IPO Issue Details
Issue Price / Price Band₹34 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size21,00,000 shares (aggregating up to ₹7.14 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 25 Aug 2022
Subscription CloseTue, 30 Aug 2022
Anchor AllotmentWed, 24 Aug 2022
Basis of AllotmentMon, 05 Sep 2022
Initiation of RefundsTue, 06 Sep 2022
Credit of Shares to DematWed, 07 Sep 2022
Listing DateThu, 08 Sep 2022
UPI Mandate Deadline2022-08-30
Application & Investment Details
Retail — Min (1 Lots)₹1,36,000 — 4,000 shares
Retail — Max (13 Lots)₹1,768,000 (13 Lots)
HNI — Min (2 Lots)₹2,72,000 — 8,000 shares
P/E Ratio (Pre-IPO)16.75x
Net Offer to Public19,92,000 shares (aggregating up to ₹6.77 Cr)
Reserved for Market Maker1,08,000 shares (aggregating up to ₹0.3672 Cr)
Pre-IPO Promoter Holding60,00,000 shares
Post-IPO Promoter Holding75,00,000 shares
Fresh Issue Shares13,92,000 shares (aggregating up to ₹4.73 Cr)
Offer for Sale Shares6,00,000 shares of ₹10 (aggregating up to ₹2.04 Cr)
About Ameya Precision Engineers Ltd.
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.
Objects of the Issue
Ameya Precision Engineers Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To Meet the Capital Expenditure Requirements
0.64
2
2 Funding working capital requirements
2.76
3
3 General corporate purposes
1.02
Shareholding & Lock-in
Pre-IPO Promoter Holding
60,00,000 shares
Post-IPO Promoter Holding
75,00,000 shares