Ameya Precision Engineers was incorporated on December 06, 2012. The company is engaged in manufacturing high-end precision components (shafts, and other trim components) for the general engineering industry, but in particular valve and pump manufacturing.
| Bidding Dates |
|---|
| 25 Aug 2022 - 30 Aug 2022 |
| Subscription |
|---|
| 251.35x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,36,000 | 1 | 1 | 4000 | 2.1 M | ₹34 | 72 % | ₹71.4 M | RHP DOC |
Ameya Precision Engineers IPO SUBSCRIPTION STATUS
30 Aug '22Ameya Precision Engineers IPO overall subscription rate was 251.35 times the total available shares
Ameya Precision Engineers IPO retail subscription rate was 243.53 times in the retail segment
Ameya Precision Engineers IPO non-institutional investor subscription rate was 259.16 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
30 Aug 2022 (Day 4) | 243.53x | 259.16x | - |
29 Aug 2022 (Day 3) | 72.35x | 10.68x | - |
26 Aug 2022 (Day 2) | 27.55x | 3.85x | - |
25 Aug 2022 (Day 1) | 6.29x | 0.97x | - |
Ameya Precision Engineers FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| FY22 | 15.2 | 238.9 | 23.0 | 15.6 |
| FY21 | 27.3 | 248.4 | 36.1 | 31.3 |
| FY20 | 18.0 | 234.5 | 14.7 | 1.0 |
Ameya Precision Engineers IPO SUBSCRIPTION STATUS DETAILS
Ameya Precision Engineers had 2.1 M shares on offer
Ameya Precision Engineers IPO offer price was ₹34
Ameya Precision Engineers IPO minimum Investment was ₹136000
Ameya Precision Engineers IPO issue size was ₹ 71.4 M
Ameya Precision Engineers had a minimum lot size of 4000 Shares per application
Ameya Precision Engineers NUMBER OF SHARES ON OFFER
Ameya Precision Engineers IPO IMPORTANT DATES
| Issue Open Date | 25 Aug 2022 |
| Issue close Date | 30 Aug 2022 |
| Allotment Date | 05 Sep 2022 |
| Refund Date | 06 Sep 2022 |
| Demat Account Credit Date | 07 Sep 2022 |
| Listing Date | 08 Sep 2022 |
| Listing on Exchange(s) | NSE |
| Ameya Precision Engineers Allotment Status | Exchange |
Ameya Precision Engineers IPO subscription opened on 25 Aug 2022, and closed on 30 Aug 2022
IPO allotment for Ameya Precision Engineers was finalized on Monday, 05 Sep 2022
IPO listing for Ameya Precision Engineers was on NSE on Thursday, 08 Sep 2022
Ameya Precision Engineers IPO LISTING GAINS
| Issue Price (adjusted) | 34.0 |
| Listing Open Price | 68.4 |
| Listing Close Price | 65.4 |
| Listing Gain% | 101.2% |
| Current Gain% | 206.8% |
Ameya Precision Engineers Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ameya Precision Engineers Ltd. | 104.3 | 78.2 | 14 | 0.5 | 1.9 | 16.9 | 13.9 | 41.5 | 4.9 | 5.6 | 26.1 | 7.4 | 26.1 |
| Solar Industries India Ltd. | 18650 | 168764 | 100.6 | 2.6 | 17.2 | 26.7 | 15.4 | 9965.7 | 30.9 | 1677.6 | 38.7 | 185.4 | 38.7 |
| PTC Industries Ltd. | 19076 | 28599.7 | 281.6 | 4.2 | 47.4 | 6.7 | 5.2 | 643.3 | 88 | 101.6 | 66.4 | 67.7 | 66.4 |
| Inox India Ltd. | 1954.7 | 17741.5 | 69.6 | 8 | 11 | 23.1 | 12.8 | 1632.3 | 21.2 | 257.9 | 14.1 | 28.1 | 8.7 |
| Precision Wires India Ltd. | 413.8 | 7564.6 | 48.7 | 0.7 | 1.4 | 20.1 | 6.9 | 5463.4 | 35.4 | 155.3 | 72.4 | 8.5 | 72.4 |
| Kennametal India Ltd. | 3308.6 | 7271.7 | 52.5 | 1.5 | 5.4 | 13.8 | 10.6 | 1184.7 | 6.6 | 102.9 | -6.9 | 63 | 35.9 |
Ameya Precision Engineers INFORMATION ON IPO ISSUE
About Ameya Precision Engineers
Ameya Precision Engineers was incorporated on December 06, 2012. The company is engaged in manufacturing high-end precision components (shafts, and other trim components) for the general engineering industry, but in particular valve and pump manufacturing.
Object of the Issue
- To meet the capital expenditure requirements
- Funding working capital requirements
- General corporate purposes
Ameya Precision Engineers - PROMOTERS
| Name |
|---|
| Bipin Shirish Pande |
| Nikhil Shirish Pande |
Ameya Precision Engineers Lead Manager of the Issue
Sherni Shares Private Limited
shrenishares@gmail.com
Ameya Precision Engineers Registrar to the issue
Skyline Financial Services Limited
virenr@skylinerta.com
Ameya Precision Engineers Strengths
Presence in international markets
The company caters to international markets and majorly exports its products to countries like the United States of America, United Kingdom, Germany, Singapore, Slovenija, Austria, Brazil
Quality assurance
The company has been accredited with ISO 9001: 2015, certified by TUV Nord Daks (European body certification, which has a wider global recognition)
Leveraging the experience of promoters
The company is promoted by Bipin Shirish Pande and Nikhil Shirish Pande, possessing an average experience of more than 10 years in the field of manufacturing high-end precision components for the general engineering industry.
Ameya Precision Engineers Risks
Outstanding legal proceedings
There are outstanding legal proceedings involving the company, promoters, directors and group company
Exposed to foreign exchange fluctuations
The company is exposed to foreign currency exchange rate fluctuations which may harm the results of operations, impact cash flows and cause financial results to fluctuate
IPO FAQs
This IPO consists of an offer for sale of up to Rs 2.0 crore, of 600,000 shares. It also consists of a fresh issue of Rs 5.1 crore.
The promoters of the company are Bipin Shirish Pande and Nikhil Shirish Pande.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 34.0 - 34.0.
The IPO application opens on Aug 25, 2022 and closes on Aug 30, 2022.
The minimum lot size for the IPO is 4000. The maximum lot size for the IPO is 4000.
For all category investors, the minimum application amount for this IPO is Rs. 136,000.0, the maximum value for this IPO is Rs 136,000.0.
This IPO will be allotted on Sep 05, 2022.
The refund will be credited to your account on Sep 06, 2022.
The allotted shares will be credited to your demat on Sep 07, 2022.
Ameya Precision Engineers Ltd.’s shares listed on the stock exchanges on Sep 08, 2022.