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AMIC Forging Limited

AMIC Forging Limited

listed
₹1.21LMin. investment

AMIC Forging Limited IPO Details

Price range₹121 – ₹126
IPO type
SME
Lot size1000 shares
Issue size₹34.8Cr
RHP/DRHP
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AMIC Forging Limited Timeline

  1. Bid start
    29 Nov 2023
  2. Bid end
    1 Dec 2023
  3. Allotment
    1 Dec 2023
  4. Release of funds
    6 Dec 2023
  5. Demat transfer
    6 Dec 2023
  6. Listing
    6 Dec 2023

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 NameAMIC Forging Limited Limited AMIC Forging Limited IPO Opening DateNovember 29, 2023
Company Established On2007AMIC Forging Limited IPO Price band₹121 to ₹126 per share

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AMIC Forging Limited Contact Details

Company NameAMIC Forging Limited

How to apply for AMIC Forging Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Amic Forging IPO FAQs