AMIC Forging Limited
AMIC Forging Limitedlisted
₹1.21LMin. investment
About AMIC Forging Limited
Issue size
₹34.8Cr
IPO type
SME
Price range
₹121 – ₹126
Lot size
1000 shares
RHP/DRHP
Read
Price range₹121 – ₹126
IPO type
SME
Lot size1000 shares
Issue size₹34.8Cr
RHP/DRHP
Read
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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
- Setting up of Manufacturing facility
- Working Capital Requirements
- 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 | 2007AMIC Forging Limited IPO Price band | ₹121 to ₹126 per share |
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of AMIC Forging Limited ?
The issue size of the AMIC Forging Limited is 34.8 Cr.
What is 'pre-apply' for AMIC Forging Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will AMIC Forging Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Bidding starts29 Nov 2023
- Bidding ends1 Dec 2023
- Allotment finalisation1 Dec 2023
- Release of funds6 Dec 2023
- Demat transfer6 Dec 2023
- Listing6 Dec 2023