AMIC Forging Limited-Logo

AMIC Forging Limited

AMIC

121-126

per share
Bidding Dates
29-1 Dec
Min. Investment
₹1,21,000.00
Lot Size
1000 shares
Issue Size
₹34.8 Cr
IPO Timeline
Bidding starts
29 Nov ‘23
Bidding ends
01 Dec ‘23
Allotment finalisation*
06 Dec ‘23
Refund initiation*
06 Dec ‘23
Demat transfer
06 Dec ‘23
Listing
06 Dec ‘23
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About  AMIC Forging Limited

Incorporated in 2007,AMIC Forging Limited is a manufacturer in forging industry and is engaged in manufacturing of forged Components catering to various industries. They manufacture precision machined components as per customer specifications and International Standard catering to the requirements of various industry such as Heavy Engineering, Steel Industry, Oil & Gas, Petrochemicals, Chemicals, Refineries, Thermal Power, Nuclear Power, Hydro Power, Cement Industry, Sugar and other related industries.

Some of their common running components are Rounds, Shafts, Blanks and complete finished engineering, spare parts e.g. Gear coupling, Hub, Round, Flange, other all kinds of engineering spares as per customer specifications. These products are mainly manufactured in carbon steel, alloy steel, stainless steel, Nickel and Tools Alloys. The company has a state-of-the-art forging facilities and machining capabilities to cater to the requirements of its domestic & international customers. By integrating several processes under one facility, the company is in position to minimise cost and lead time. The company has its well established design center with latest 3D software and highly trained technicians. 

They have earned their name in a short span of time because of committed delivery and premium quality product. To achieve international quality standards requirements, every process is linked with stage inspection. Material moved from one process to other process only after stage inspection clearance. Samples are also taken at every stage to test during manufacturing process. Every single product is being tested for its quality parameters defined in specification or as per customer requirements. 

AMIC Forging Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives

  1. Setting up of Manufacturing facility
  2. Working Capital Requirements 
  3. General Corporate Purposes.

Here are key details about the AMIC Forging Limited IPO:

Company Name AMIC Forging Limited Limited   AMIC Forging Limited IPO Opening Date November 29, 2023
Company Established On 2007   AMIC Forging Limited IPO Allotment Status  December 6, 2023
AMIC Forging Limited IPO Closing Date December 1, 2023   AMIC Forging Limited IPO Listing Date  December 6, 2023
Credit of Shares to the Demat Account December 6, 2023   AMIC Forging Limited IPO Lot Size 1000 Shares
AMIC Forging Limited IPO Face Value ₹10 per share   AMIC Forging Limited IPO to be Listed on BSE
AMIC Forging Limited IPO Issue Size  ₹34.80 Cr   AMIC Forging Limited IPO Price band  ₹121 to ₹126 per share

 

 

 

 

 

 

 

 

 

 

IPO analysis

Registrar information
Name
Bigshare Services Pvt Ltd
Phone number
91-22-6263 8200
Email ID
ipo@bigshareonline.com
Red herring prospectus
View documents submitted by company in filing to understand more details about them.

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