Ameya Engineers IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Nov 16, 2022Let’s have a detailed review of the company and analytics of the Ameya Engineers IPO release date, IPO offer price, subscription, Ameya Engineers Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs 34 |
| Listing At | NSE SME |
| Min. Order Quantity | 4000 Shares |
| Listing Date | Sep 8, 2022 |
| Offer for Sale | Rs. 204.00 Lakh |
| Fresh Issue | Rs. 510.00 Lakh |
| IPO Size | Rs. 714.00 Lakh |
| Tick Size | 1 |
Ameya Engineers IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
Ameya Engineers IPO – Summary
Our company Ameya Precision Engineers Limited is engaged in the manufacturing of high-end precision components (shafts, and other trim components) for the general engineering industry, but in particular valve and pump manufacturing.
We also offer specialised processes like hard-facing and overlay of wear and corrosion-resistant alloys in line with ASME procedures.
We offer an end-to-end solution from procurement of raw material to final despatch of hard-facing and overlay components.
All our hard-facing and overlay is done to ASME IX qualifications, an international stipulation for doing this kind of work in the high-pressure valve and pump industry (high pressure here is different from the low-pressure valve and pump side, which does not always need hard-facing and overlay).
The Promoter of this company is BIPIN SHIRISH PANDE AND NIKHIL SHIRISH PANDE. The lead manager to the issue is SHRENI SHARES PRIVATE LIMITED, and the Registrar to this issue is SKYLINE FINANCIAL SERVICES PRIVATE LIMITED.
Ameya Engineers IPO Date
The opening of Ameya Engineers IPO will be on Aug 25, 2022, and the closing date on Aug 30, 2022.
Ameya Engineers IPO Subscription
| Day / Date | NII | RII | Total Subscription |
| 1st Day – 25th Aug | 0.97x | 6.29x | 3.63x |
| 2nd Day – 26th Aug | 3.85x | 27.55x | 15.70x |
| 3rd Day – 29th Aug | 10.68x | 72.56x | 41.62x |
| 4th Day – 30th Aug | 259.16x | 243.53x | 251.35x |
| Shares Offered or Net Issue | 996,000 | 996,000 | 1,992,000 |
The shares subscribed by the public will be updated here.
Ameya Engineers IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Ameya Engineers Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | Sep 5, 2022 |
| Refunds Initiation | Sep 6, 2022 |
| Credit of Shares to Demat Account | Sep 7, 2022 |
| Share Listing Date | Sep 8, 2022 |
Ameya Engineers IPO Price Band
The face value of each share is Rs.10, but the price band of the IPO is Rs.34.
Ameya Engineers IPO Equity Size
This Initial Public Issue of 2,100,000 Equity Shares of Rs.10 each for cash at a price of Rs.34 per equity share aggregating to Rs.714 Lakh.
Ameya Engineers IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 1,500,000 Equity Shares of Rs.10/ each.
Issue Size: Rs. 2,100,000 Equity Shares of Rs.10 each, aggregating to Rs. 714 Lakh.
Open Free Demat Account Now!
Ameya Engineers IPO – Live Performance
The listing date of this IPO is Sep 8, 2022. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Ameya Engineers Share Price |
Ameya Engineers IPO Grey Market Premium
The Ameya Engineers Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is 25000.
Ameya Engineers IPO – Company Overview
Our Company has a manufacturing facility situated at Gat No 345, Pune Satara Road, Village Kasurdi (KB), Village Kasurdi (KB), Bhor, Pune – 412205, Maharashtra, India.
The unit exports to the United States of America, United Kingdom, Germany, Singapore, Slovenija, Austria, and Brazil Our Company has purchased the said business vide Slump Sale agreement dated April 01, 2013.
The seller, M/s Ameya Engineers, has been carrying on the business of manufacturing of engineering, valve components and shafts and thereby exporting the same.
Whereas, our Company has purchased the entire running business as going concern, it was essentially a partnership with the same ownership being converted to a private limited company.
Ameya Engineers IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | ||||
| 31-Mar-19 | 31-Mar-20 | 31-Mar-21 | 31-Sep-21 | |
| Total Assets | 1,830.00 | 2,235.20 | 2,011.80 | 2,059.14 |
| *Total Revenue | 2,193.33 | 2,347.76 | 2,488.58 | 1,163.97 |
| Total Expense | 2,080.93 | 2,107.54 | 2,122.84 | 1,042.30 |
| Profit After Tax | 172.57 | 180.04 | 272.64 | 91.04 |
Earnings per Equity Share (in Lakh)
| 31-Mar-19 | 31-Mar-20 | 31-Mar-21 | 31-Sep-21 | |
| Basic & Diluted | 2.88 | 3.00 | 4.54 | 1.52 |
Further, their PAT for the period ended on 31-Mar-19,31-Mar-20,31-Mar-21 and 31-Sep-21 were Rs.172.57 Lakh, Rs.180.04 Lakh, Rs.272.64 Lakh, and Rs.91.04 Lakh respectively.
Ameya Engineers IPO – Promoters
The Promoter of this company is:
- BIPIN SHIRISH PANDE
- NIKHIL SHIRISH PANDE
List of Related Parties (Key Managerial Personnel)
- Bipin Shirish Pande, Managing Director
- Shirish Madhukar Pande, Executive Director and Chief Financial Officer
- Nikhil Shirish Pande, Executive Director
- Nitin Anil Welde, Independent Director
- Kaivalya Vaman Kuber, Independent Director
- Revati Mahesh Purohit, Independent Director
- Aakanksha Rajeev Kelkar, Company Secretary and Compliance Officer
Ameya Engineers IPO – Promoters Holding
- Pre Issue Share Holding – 99.99%
- Pos Issue Share Holding – 71.9%
Ameya Engineers IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 21,00,000 Equity Shares aggregating up to Rs. 714 Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to 1,08,000 Equity Shares aggregating up to Rs.36.72 Lakh |
| Net Issue to the Public | Up to 19,92,000 Equity Shares aggregating up to Rs. 677.28 Lakh |
| Of which: | |
| Retail Investors Portion | Not less than 50% |
| Other than Retail Individual Investors | Not more than 50% |
| Equity Shares outstanding prior to the Issue | 60,00,000 Equity Shares |
| Equity Shares outstanding after the Issue | 75,00,000 Equity Shares |
Ameya Engineers IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. To Meet the Capital Expenditure Requirements
2. Funding working capital requirements
3. General corporate purposes
Ameya Engineers IPO – Business Strategy
- Widen our product portfolio
- Expand our domestic presence
- Continue to improve operations
- Continue to improve operating efficiencies through technology enhancements
Ameya Engineers IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Presence in international markets
- Quality assurance
- Leveraging the experience of our promoters
- Repeat Orders
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-19 | 2.88 | 23.14% | – |
| 31-Mar-20 | 3.00 | 19.44% | – |
| 31-Mar-21 | 4.54 | 22.75% | 19.98 |
| 31-Sap-21 | 1.52 | – | 21.49 |
Ameya Engineers IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Lakhs) | |
| Ameya Engineers Limited | 10 | 13.42 | 2.53 | 11.25 | 2,396.36 |
| Listed Peers | |||||
| Remsons Industries Ltd | 10 | 33.87 | 6.21 | 10.25 | 22,444.60 |
| Kranti Industries Ltd | 10 | 33.29 | 1.99 | 9.47 | 9,200.72 |
Ameya Engineers IPO Lead Managers
| Lead Managers |
| SHRENI SHARES PRIVATE LIMITED Office No. 102, 1st Floor, Sea Lord CHS, Plot No. 1/B, 1/A,Survey No. A-12, Ram Nagar, Borivali (West), Mumbai- 400 092, Maharashtra, India. Telephone: +91-22-2808 8456 E-mail: shrenishares@gmail.com Investors Grievance e-mail: info@shreni.in Contact Person: Krunal Pipalia Website: www.shreni.in SEBI Registration Number: INM000012759 |
Ameya Engineers IPO Registrar to offer
| Registrar to the Offer |
| SKYLINE FINANCIAL SERVICES PRIVATE LIMITED D-153A, First Floor Okhla Industrial Area, Phase-I, New Delhi 110 020, India. Telephone: 011-40450193-97 FAX: 011-26812682 E-mail: admin@skylinerta.com Investor grievance e-mail: grievances@skylinerta.com Website: www.skylinerta.com Contact Person: Rati Gupta SEBI Registration No.: INR000003241 |
Ameya Engineers IPO – Other Details
- Statutory Auditor – M/s. BBCP And Associates
- Legal Counsel to the Company – M. V. Kini Law Firm
- Bankers to the Company –HDFC Bank Limited
Ameya Engineers IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
Subscribe to Ameya Engineers IPO
Ameya Engineers Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Ameya Engineers IPO Review FAQs
Check out various FAQs related to Ameya Engineers IPO:
What is the Issue Size of Ameya Engineers IPO?
The Company is making an initial public offer of 21,00,000 equity shares. We vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and the net issue.
What is the Price band of Ameya Engineers IPO?
The price band for this particular IPO ranges between Rs. 34. As far as the face value of the share is of concern, it is Rs.10 per share.
What is the Ameya Engineers IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on Aug 25, 2022, while the closing date is set at Aug 30, 2022.
What is the Ameya Engineers IPO Allotment Date?
We also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on Sep 5, 2022, refund initiation is on Sep 6, 2022, credit of shares is on Sep 7, 2022, and share listing date is on Sep 8, 2022.
What is the Ameya Engineers IPO Listing Date?
Shares of this company shall be listed in the exchanges Sep 8, 2022. The date, when the listing would be done, is stagnant on Sep 8, 2022.
Who is the Registrar of Rhetan IPO?
One of the reputed registrars is managing the issue of this IPO, SHRENI SHARES PRIVATE LIMITED. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Rhetan IPO?
Here are the promoters of this IPO – BIPIN SHIRISH PANDE AND NIKHIL SHIRISH PANDE. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is GMP of Ameya Engineers IPO?
We have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda 25000 or SS are as well included in this report.
Is Rhetan IPO good for Investment?
We have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Ameya Engineers Company?
We have the information of company financials, and according to that, we have the figures from the last few years to provide. PAT for the period ended on 31-Mar-19,31-Mar-20,31-Mar-21 and 31-Sep-21 were Rs.172.57 Lakh, Rs.180.04 Lakh, Rs.272.64 Lakh, and Rs.91.04 Lakh respectively.
Calculate your return on investment!
Asset Class
ROI (Rs.)
Profit (Rs.)
Profit (%)
IPO
Equity
Savings
Real Estate
Gold
Bonds
Fixed Deposit
Mutual Fund
Featured Topics