BAJAJ BROKING

Notification
No new Notification messages
One Mobikwik Systems IPO is Open!
Apply for the One Mobikwik Systems IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Amic Forging Ltd

Castings, Forgings & Fastners

Offer Period :

29th to 1st Dec 2023

Established in 2007 as Kali Mata Forging Private Limited, now AMIC Forging Limited specializes in manufacturing forged components for diverse industries, offering products like wind energy shafts, tube sheets,  Read more... tube sheets, and molds. With a customer base spanning various sectors, the company employs 80 individuals and operates advanced forging units.Read less

Amic Forging Ltd IPO Details

IPO Date 29th to 1st Dec 2023 Minimum Investment ₹126000 / 1 Lots
Listing Date 2023-12-06 Maximum Investment ₹126000 / 1 Lots
Face Value ₹10 per share Total Issue Size ₹34.8 Crores
Price ₹126 to ₹126 per share Fresh Issue ₹34.8 Crores
Lot Size 1 Lots (1000 Shares) Offer For Sale ₹ 0
Listing At BSE-SME Retail Discount ₹ 0
Employee Discount ₹0 per share    
IPO Date 29th to 1st Dec 2023
Listing Date 2023-12-06
Face Value ₹10 per share
Price ₹126 to ₹126 per share
Lot Size 1 Lots (1000 Shares)
Listing At BSE-SME
Employee Discount ₹0 per share
Minimum Investment ₹126000 / 1 Lots
Maximum Investment ₹126000 / 1 Lots
Total Issue Size ₹34.8 Crores
Fresh Issue ₹34.8 Crores
Offer For Sale
Retail Discount ₹ 0

Timeline

Important dates for allocation and IPO listing.

29th Nov

IPO Starts

1st Dec

IPO Ends

4th Dec

Allotment Date

5th Dec

Initiation of Refund

5th Dec

Credit of Shares to Demat Account

6th Dec

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 57.29 42.2
Public Group 42.71 57.8

Amic Forging Ltd IPO Reservation

QIB Shares Offered 1310000(47.43%)
NII (HNI) Shares Offered 394000(14.27%)
Retail Shares Offered 919000(33.27%)
Anchor Investor Shares Offered 0(0%)
Total Shares Offered 2762000
Total Shares With Anchor Investor 2762000

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)---
Retail (Max)---
S-HNI (Min)---
S-HNI (Max)---

Amic Forging Ltd IPO Registrar

Bigshare Services Pvt Ltd
Phone Number +91 - 22 - 6263 8200;
Email Id ipo@bigshareonline.com
Our Website www.bigshareonline.com

Amic Forging Ltd IPO Lead Manager

1. Gretex Corporate Services Ltd

Explore IPOs


Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

Stay ahead in the ever-evolving IPO landscape with our comprehensive platform. We offer a holistic resource, ensuring you not only access essential details but also gain valuable insights into market trends. Navigate confidently, armed with intricate analyses, expert opinions, and real-time updates. Whether you're a seasoned investor or a novice, our user-friendly interface and extensive information empower you to make well-informed decisions. Experience the convenience of having a dedicated space where you can delve into the intricacies of IPOs, enabling a strategic and calculated approach to the dynamic stock market. 

Amic Forging Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed

Strength of Amic Forging Ltd

1. Experienced Promoters and Management Team.

2. Scalable Business Model.

3. Large & Diverse Product Portfolio.

4. Advanced Manufacturing Processes.

5. Well Developed Distribution Network.

6. Strong Sales, Marketing and Distribution Capabilities.

7. Adherence to quality standards.

Risks Involved

1. There are outstanding legal proceedings involving the Company, Promoters and Directors. Any adverse decision in such proceeding may have a material adverse effect on its business, results of operations and financial condition.

2. The Company has negligible presence in export markets and hence prone to adversity in domestic market.

3. Failure to obtain or maintain pre-qualifications from customers or loss of the company re-qualified status from its existing customers could adversely impact of the business.

4. Any significant decline in the demand for the company products or introduction of alternative technology or consumer habits may adversely affect its profitability and business prospects.

5. Volatility in the supply and pricing of raw material like alloy steel, low carbon and medium carbon steel may have an adverse effect on the company business, financial condition and results of operations. Its do not generally enter into agreements with the company raw material or traded goods suppliers. Any disruption in supplies from them may adversely affect of the production process.

6. The company business is capital intensive. If its experience insufficient cash flows to meet required payments on the company debt and working capital requirements, there may be an adverse effect on its operations.

7. The company has not Complied with the Accounting Standard 23 while preparing the financial statements.

8. The Company's failure to maintain the quality standards of the products could adversely impact its business, results of operations and financial condition.

9. The company operate in a highly competitive industry, which could limit our ability to grow.

10. The Company is dependent on third party logistics service providers, with whom its have no formal arrangements, for the delivery of the company finished goods and any disruption in their operations or a decrease in the quality of their services or an increase in the transportation costs could adversely affect the Company's reputation and results of operations.

Why should you invest in

-

Financials

Particulars For the financial year ending (in ₹ million)
  2024 2023 2022
Total Assets 92.13 62.39 31.64
Total Liabilities 92.13 62.39 31.64
Total Expenses 110.9 103.68 70.15
Total Revenue 
129.51 116.83 71.39
Profit After Tax 13.83 9.66 0.87
EBITDA 19.86 14.48 2.46
Adjusted EBITDA 0 0 0

Amic Forging Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2023-12-06 544037 -
INE0P9J01013
₹126 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹126 ₹126
Open ₹239.4 ₹0
Low ₹239.4 ₹0
High ₹251.35 ₹0
Low ₹239.4 ₹0

Frequently Asked Questions

What is Amic Forging Ltd IPO?

Answer Field

Amic Forging Ltd IPO is a SME IPO of 27,62,000 equity shares of a face value of ₹10 aggregating up to ₹34.8 Crores. The issue is priced at ₹126 to ₹126 per share. The minimum order quantity is 1000 Shares. The IPO opens on November 29, 2023, and closes on December 01, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE-SME.

When Amic Forging Ltd IPO will open?

Answer Field

The Amic Forging Ltd IPO opens on November 29, 2023 and closes on December 01, 2023.

What is the lot size of Amic Forging Ltd?

Answer Field

Amic Forging Ltd lot size is 1000 shares, and the minimum amount required is ₹1,26,000.

How to apply for Amic Forging Ltd IPO?

Answer Field

You can apply in Amic Forging Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Amic Forging Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Amic Forging Ltd IPO will be done on December 04, 2023, and the allotted shares will be credited to your demat account by December 05, 2023.

When is Amic Forging Ltd IPO listing date?

Answer Field

The Amic Forging Ltd listing date is December 06, 2023.

Who is the registrar of Amic Forging Ltd IPO?

Answer Field

The registrar of Amic Forging Ltd IPO is Bigshare Services Pvt Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Gretex Corporate Services Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Amic Forging Ltd IPO?

Answer Field

The fresh issue size is ₹34.8 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Amic Forging Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 1000 shares and ₹1,26,000 amount.

How can I approve the UPI mandate request for Amic Forging Ltd IPO?

Answer Field

To apply for Amic Forging Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Amic Forging Ltd?

Answer Field

The price of each Amic Forging Ltd share will be ranging in between ₹126 to ₹126 per share.

What is the cut-off time for the UPI mandate for Amic Forging Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, December 01, 2023.

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • TOSS THE COIN LIMITEDSME IPO

  • Bidding Dates

    10th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹172.0 - 182.0

  • IPO Size

    ₹9,17,00,000

  • Apply Now
  • JUNGLE CAMPS INDIA LIMITEDSME IPO

  • Bidding Dates

    10th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹68.0 - 72.0

  • IPO Size

    ₹29,42,00,000

  • Apply Now
  • ONE MOBIKWIK SYSTEMS LIMITEDMainboard IPO

  • Bidding Dates

    11th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹265.0 - 279.0

  • IPO Size

    ₹5,72,00,00,000

  • Apply Now
  • PURPLE UNITED SALES LIMITEDSME IPO

  • Bidding Dates

    11th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹121.0 - 126.0

  • IPO Size

    ₹32,81,00,000

  • Apply Now
  • SAI LIFE SCIENCES LIMITEDMainboard IPO

  • Bidding Dates

    11th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹522.0 - 549.0

  • IPO Size

    ₹30,42,62,00,000

  • Apply Now
  • VISHAL MEGA MART LIMITEDMainboard IPO

  • Bidding Dates

    11th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹74.0 - 78.0

  • IPO Size

    ₹80,00,00,00,000

  • Apply Now
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • SWIGGY LIMITEDMainboard IPO

  • Bidding Dates

    6th Nov 2024 - 11th Nov 2024

  • Price Range

    ₹371.0 - 390.0

  • IPO Size

    ₹1,13,27,43,00,000

  • Invest Now
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • NTPC GREEN ENERGY LIMITEDMainboard IPO

  • Issue Price

    108.00

  • Listing Day Close

    122.10

  • Listing Day (Gain/Loss)

    12.96

  • ONYX BIOTEC LIMITEDSME IPO

  • Issue Price

    61.00

  • Listing Day Close

    56.75

  • Listing Day (Gain/Loss)

    -6.56

  • ZINKA LOGISTICS SOLUTIONS LIMITEDMainboard IPO

  • Issue Price

    273.00

  • Listing Day Close

    260.20

  • Listing Day (Gain/Loss)

    -4.76

  • MANGAL COMPUSOLUTION LIMITEDSME IPO

  • Issue Price

    45.00

  • Listing Day Close

    42.75

  • Listing Day (Gain/Loss)

    -4.44

  • NEELAM LINENS AND GARMENTS INDIA LIMITEDSME IPO

  • Issue Price

    24.00

  • Listing Day Close

    38.05

  • Listing Day (Gain/Loss)

    58.33

  • NIVA BUPA HEALTH INSURANCE COMPANY LIMITEDMainboard IPO

  • Issue Price

    74.00

  • Listing Day Close

    74.00

  • Listing Day (Gain/Loss)

    0.00

  • SWIGGY LIMITEDMainboard IPO

  • Issue Price

    390.00

  • Listing Day Close

    455.95

  • Listing Day (Gain/Loss)

    16.92

  • ACME SOLAR HOLDINGS LIMITEDMainboard IPO

  • Issue Price

    289.00

  • Listing Day Close

    253.50

  • Listing Day (Gain/Loss)

    -12.11

  • SAGILITY INDIA LIMITEDMainboard IPO

  • Issue Price

    30.00

  • Listing Day Close

    29.36

  • Listing Day (Gain/Loss)

    -3.33

  • AFCONS INFRASTRUCTURE LIMITEDMainboard IPO

  • Issue Price

    463.00

  • Listing Day Close

    474.55

  • Listing Day (Gain/Loss)

    2.59

  • USHA FINANCIAL SERVICES LIMITEDSME IPO

  • Issue Price

    168.00

  • Listing Day Close

    155.85

  • Listing Day (Gain/Loss)

    -7.14

  • GODAVARI BIOREFINERIES LIMITEDMainboard IPO

  • Issue Price

    352.00

  • Listing Day Close

    342.85

  • Listing Day (Gain/Loss)

    -2.56

  • OBSC PERFECTION LIMITEDSME IPO

  • Issue Price

    100.00

  • Listing Day Close

    115.50

  • Listing Day (Gain/Loss)

    16.00

  • UNITED HEAT TRANSFER LIMITEDSME IPO

  • Issue Price

    59.00

  • Listing Day Close

    63.95

  • Listing Day (Gain/Loss)

    8.47

  • DANISH POWER LIMITEDSME IPO

  • Issue Price

    380.00

  • Listing Day Close

    598.50

  • Listing Day (Gain/Loss)

    57.63

  • WAAREE ENERGIES LIMITEDMainboard IPO

  • Issue Price

    1503.00

  • Listing Day Close

    2336.80

  • Listing Day (Gain/Loss)

    55.49

  • DEEPAK BUILDERS AND ENGINEERS INDIA LIMITEDMainboard IPO

  • Issue Price

    203.00

  • Listing Day Close

    161.90

  • Listing Day (Gain/Loss)

    -20.20

  • PREMIUM PLAST LIMITEDSME IPO

  • Issue Price

    49.00

  • Listing Day Close

    48.90

  • Listing Day (Gain/Loss)

    0.00

  • FRESHARA AGRO EXPORTS LIMITEDSME IPO

  • Issue Price

    116.00

  • Listing Day Close

    134.70

  • Listing Day (Gain/Loss)

    16.38

  • LAKSHYA POWERTECH LIMITEDSME IPO

  • Issue Price

    180.00

  • Listing Day Close

    359.10

  • Listing Day (Gain/Loss)

    99.44

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 4x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

8 Lacs+ Users

icon-with-text

4.4+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4700+ Cr MTF Book

icon-with-text