AMIC Forging Limited IPO (AMIC Forging IPO) Details

AMIC Forging Limited is an Automobile - Forging And Casting based company, located in Kolkata, AMIC Forging Limited IPO size was 34.80 Cr. and was issued at 126.00 per share. The share of AMIC Forging Limited were listed at 251.35 per share and are currently trading at 1516.30 per share.

Kolkata

Automobile - Forging And Casting

Type :

Sub Sector :

SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :

119.16 Cr.

PAT :

14.40 Cr.

Pricing Report

Issue Price :

126.00

Listing Price :

251.35

Current Market Price :

1516.30

Issue Price vs CMP :

1390.3 (1,103.41%)

listing Price vs CMP :

1264.95 (503.26%)

Performance Report (CAGR* wise)

CAGR : 806.07

-ve 0 6 9 12+

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About AMIC Forging

Company Information

AMIC Forging is a manufacturer in forging industry and is engaged in manufacturing of forged Components catering to various industries. They manufacture precision machined components as per customer specifications and International Standard catering to the requirements of various industry such as Heavy Engineering, Steel Industry, Oil & Gas, Petrochemicals, Chemicals, Refineries, Thermal Power, Nuclear Power, Hydro Power, Cement Industry, Sugar and other related industries. They have expertise in manufacturing different forging components as per international standards like AISI, BS, IS, DIN etc. Some of their common running components are Rounds, Shafts, Blanks and complete finished engineering, spare parts e.g. Gear coupling, Hub, Round, Flange, other all kinds of engineering spares as per customer specifications. These products are mainly manufactured in carbon steel, alloy steel, stainless steel, Nickel and Tools Alloys. The company has a state-of-the-art forging facilities and machining capabilities to cater to the requirements of its domestic & international customers. By integrating several processes under one facility, the company is in position to minimise cost and lead time. The company has its well established design center with latest 3D software and highly trained technicians. They believe in continues improvement, hence challenging themselves by adhering to high quality standards and on time delivery. They have earned their name in a short span of time because of committed delivery and premium quality product. To achieve international quality standards requirements, every process is linked with stage inspection. Material moved from one process to other process only after stage inspection clearance. Samples are also taken at every stage to test during manufacturing process. Every single product is being tested for its quality parameters defined in specification or as per customer requirements.

Object of Issue

Setting up of Manufacturing facility
Working Capital Requirements
General Corporate Purposes

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Detailed Review

AMIC Forging SME IPO Details (at the time of IPO)

IPO Type :

Book Building

IPO Date :

Dec, 2023

IPO Size :

34.80 Cr.

Market Cap :

132.15 Cr.

IPO Subscription :

289.05 X

PE Multiple :

9.18

Merchant Banker :
Gretex Corporate Services Limited

IPO Registrar:
Bigshare Services Private Limited

Anchor Investors:

Saint Capital Fund

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FAQs

1. What is AMIC Forging IPO?

AMIC Forging operates in Automobile - Forging And Casting and . The Issue is listed on BSE SME in Dec, 2023. AMIC Forging IPO size was 34.80 Cr. with Issue price of 126.00 .

2. Who is the merchant banker of AMIC Forging IPO?

Merchant Banker(s) of AMIC Forging IPO: Gretex Corporate Services Limited

3. How many times AMIC Forging IPO was subscribed?

AMIC Forging IPO subscription was 289.05 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of AMIC Forging IPO?

AMIC Forging IPO listed at a listing price of 251.35 against the offer price of 126.00.

5. What is the current market price of AMIC Forging IPO?

The current market price of AMIC Forging is 1516.30.

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