Ameya Precision Engineers Ltd IPO Review

Ameya Precision Engineers Ltd IPO Allotment, Refund and Listing Date

Ameya Precision Engineers Ltd IPO Opening DateAugust 25, 2022
Ameya Precision Engineers Ltd IPO Closing DateAugust 30, 2022
Basis of AllotmentSeptember 5, 2022
Initiation of RefundsSeptember 6, 2022
Credit of Shares to DematSeptember 7, 2022
Ameya Precision Engineers Ltd IPO Listing DateSeptember 8, 2022

Ameya Precision Engineers Ltd IPO Details

Ameya Precision Engineers Ltd IPO Price BandRs.34 Per Equity Share
IPO Lot SizeMinimum 4000 shares for 1 lot
Minimum AmountRs.136,000 for 1 lot
IPO SizeApprox Rs.7.14 Crores
Listing AtBSE, NSE
Offer for Sale2,100,000 Equity Shares
Retail Quota:50%
QIB Quota:
NII Quota:50%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus: Click Here

Ameya Precision Engineers Ltd IPO GMP (Grey Market Premium)

DateGMPKostakSubject to
31 AugustRs.8Rs.25,000

Ameya Precision Engineers Ltd IPO Subscription Status Live

Ameya Engineers IPO subscribed 41.62 times. The public issue subscribed 72.56 times in the retail category, [.] times in QIB, and 10.68 times in the NII category by Aug 29, 2022.

Investor CategorySubscription (times)
Qualified Institutions
Non-Institutional Buyers83.67
Retail Investors149.23
Employees
Others
Total116.45

Ameya Precision Engineers Ltd IPO Subscription Details (times)

DateNIIRetailTotal
Day 1
Aug 25, 2022
0.976.293.63
Day 2
Aug 26, 2022
3.8527.5515.70
Day 3
Aug 29, 2022
10.6872.5641.62
Day 4
Aug 30, 2022
83.67149.23116.45

Ameya Engineers Financial Report

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-202235.22347.76180.04925.9825.9
31-Mar-212011.82488.58272.641198.54998.54
31-Mar-221998.072396.36152.971350.51750.51

Ameya Engineers IPO Valuation – FY-2022

 Earning Per Share (EPS): Rs.2.53 per Equity Share
 Price/Earning P/E Ratio: 13.42
 Return on Net Worth (RoNW): 11.25%
 Net Asset Value (NAV):Rs.22.51 per Equity Share

Ameya Precision Engineers Ltd IPO Review

What our Expert say about Ameya Precision Engineers Ltd IPO ReviewApply

Reasons:-

  • Apply for Listing gain as company is fundamentally strong.
  • Very less risk to loose money.
  • Considering book value and PE , it is good to apply for listing gain.

Peer Group

  • Remsons Industries Ltd
  • Kranti Industries Ltd
  • Atam Valves Ltd

Objects of the Issue

  1. To Meet the Capital Expenditure Requirements
  2. Funding working capital requirements; and
  3. General corporate purposes.

Ameya Engineers IPO Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: admin@skylinerta.com
Website: https://www.skylinerta.com/

Company Promoters

  • Bipin Shirish Pande
  • Nikhil Shirish Pande

About Ameya Precision Engineers Ltd

Ameya Precision Engineers Limited is a stock limited company with authorized capital of Rs10.00 crore and paid up capital of Rs6.00 crore under the MCA. The company is engaged in the manufacture of precision, high-end components (shafts, and other fabricated parts) for general engineering industries, but especially valves and pumps. Ameya Engineers main customers are valve and pump manufacturers, but the company says that they are available for any engineering sector in need of high-precision components. 

The company offers a complete solution, right from raw materials procurement, through final dispatch, for both hard-faced and over-layed components. Ameya Engineers has its manufacturing unit located at Ghat No.345, Satara Road, Pune, Kasurdi (KB) village, Kasurdi (KB) village, Bhore, Pune-412205, Maharashtra, India. At the companys plant in Pune, Maharashtra, it manufactures components of pumps and valves like shafts, flanges, linings, and covers, and parts to make sub-assemblies of pumps and valves. Ltd. is also known for aand more.aYou can find company addresses, phone numbers, areas, maps, cities at Made In India Trade. 

Ltd. And, Contact details of the Ltd, as per the official records, are mentioned under Contact. The present age of the company is, as per available official records, is. The company was originally established as a partnerships in 1987, which was converted to a private limited company in 2012. 

Currently, promoters stake in Ameya Precision Engineers Ltd is 99.99%, which would decrease to 71.980% following successful listing of the Ameya IPO. The companys IPO opening date will be 25 August 2022, while its closing date is 30 August 2022. Let us take a deep look at the company and analysis on the IPO release date, IPO offering price, subscription, Ameya Engineers Limited IPO allotment, gray market prices, and other details such as companys background, financial condition, promoters, and other relevant things.

The subscription status for the Ameya Engineers IPO has started on August 25, 2022, and IPO is also being subscribed by QIBs as well as by NII and RII. The overall subscription status of Ameya Engineers IPO has now been 41.62x, with QIB subscribing at 0.01x, and NII subscribing at 10.68x, NII at 72.56x, and EMP at 0.01x as of day 3. The Company has acquired said business through a “Slump Sale Agreement” on 01-04-2013. 

We recommend you to keep an eye on Ameya Precision Engineers Pvt. Ltd., and meanwhile, keep an eye on Ameya Precision Engineers Pvt. Ltd.s industry and products, which can help you get more precise data pushing. I. Shirish Madhukar Pande has a bachelors degree in mechanical branch from Poona University, and masters degree in Advanced IT Programme from the International Institute Of Information Technology, Pune, Maharashtra, India. 

Company Address

Ameya Precision Engineers Ltd
Gat No.345, Village-Kasurdi,
Tal. Bhor,
Pune – 412 205
Phone: 9552589861
Email: investor@ameyaengineers.com
Website: https://www.ameyaengineers.com/

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