247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Amtech Esters Limited

New Delhi

Date of DRHP : 12 Dec 2024

Issue Type : Fixed Price Issue

IPO Type :
SME IPO

Amtech Esters Basic Details

   Plastic and Polymer

Sub Sector: Business of manufacturing Unsaturated Polyester Resins

Exchange:
BSE Emerge

About the Company

The Company is engaged in the business of manufacturing Unsaturated Polyester Resins and trading in Fiberglass, Hardners & Ancillaries and Silicon. Resins are viscous, liquid polymers derived from either organic or synthetic sources. Their primary advantage lies in their ability to transform from a liquid state into a customizable solid and homogeneous structure. The Manufacturing facility is equipped with modern and automatic plant and machinery. The product portfolio includes resins such as polyester, epoxy resin along with Industrial input for paints, varnishes, dyes, and glue gums with a strong presence in multiple sectors including dressing accessories (like beads/ buttons), switch gears, sculptures, automotive industries, aberrative etc. chemical products. These resins are also used in other industries including FRP sheets, cooling towers, automobile components, fiber sheets, waterproofing application, decorative items etc.

Financial Summary (Annualised Basis)

Revenue :
33.60 Cr.

PAT :
2.68 Cr.

Amtech Esters IPO Lead Manager(s)

Sobhagya Capital Options Limited

Amtech Esters IPO Registrar

Maashitla Securities Private Limited

Amtech Esters DRHP Details

Objects of issue

  • For Setting up of New Unit at Asoda, for manufacture of Resins;
  • To meet the working capital requirement of Company;
  • Investment in the wholly owned subsidiary, Croda Pigments (P) Limited for capital expenditure and working capital requirements
  • General corporate purposes.

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FAQs

Amtech Esters operates in Plastic and Polymer and Business of manufacturing Unsaturated Polyester Resins. The Issue would be listed on SME. The registrar of the Issue is Maashitla Securities Private Limited. The IPO type of Amtech Esters is Fixed Price Issue and Object of issue is

  • For Setting up of New Unit at Asoda, for manufacture of Resins;
  • To meet the working capital requirement of Company;
  • Investment in the wholly owned subsidiary, Croda Pigments (P) Limited for capital expenditure and working capital requirements
  • General corporate purposes.

The DRHP (Draft Red Herring Prospectus) of Amtech Esters IPO was filed on 12 Dec 2024.

No, Amtech Esters IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Amtech Esters are not available now. You can apply in Amtech Esters IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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