Issue Price
₹126
Per Share
GMP
NIL
Grey Market
Est. Listing
₹126
Expected Price
Min. Application
₹252,000
2 lots × 1000 shares
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.
AMIC Forging Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 139,000 | — | ₹1.75 Cr | — |
| TOTAL | 2,762,000 | 100.00% | ₹34.80 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹126,000 |
| Retail (Max) | 13 | 13,000 | ₹1,638,000 |
| sNII (Min) | 14 | 14,000 | ₹1,764,000 |
| bNII (Min) | 68 | 68,000 | ₹8,568,000 |
| Particulars | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 2979.32 | 11683.01 | 7138.82 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 359.94 | 980.01 | 86.59 |
| Net Worth | 2338.43 | 1983.75 | 767.28 |
| Total Assets | 6367.84 | 6107.99 | 3163.87 |
| Reserves & Surplus | 2252.58 | 1897.90 | 696.21 |
| Total Borrowings | 287.37 | 385.17 | 1071.32 |