IPO

IPO Synopsis

Amic Forging Ltd
Public issue of 27,62,000 equity shares* of face value of Rs. 10.00 each ("Equity Shares") of Amic Forging Limited (the "Company" or the "Issuer") for cash at a price of Rs. 126.00 per equity share including a share premium of Rs. 116.00 per equity share (the "Issue Price") aggregating to Rs. 34.80 crores ("The Issue") of which 1,39,000 equity shares* aggregating to Rs. 1.75 crores was reserved for subscription by market makers to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 26,23,000 equity shares* aggregating to Rs. 33.05 crores (the "Net Issue"). The issue and the net issue will constitute 26.33 % and 25.01 % respectively of the post issue paid-up equity share capital of the company. *Subject to finalisation of the basis of allotment. The face value of equity shares is Rs. 10.00 each and the issue price is 12.6 times of the face value of the equity shares. Bid can be made. for minimum of 1,000 equity shares and the multiples of 1,000 equity shares thereafter.
Issue
Opens On Closes On
29-Nov-23 01-Dec-23
Money Payable On
Application Allotment
126.00 0.00
Minimum Application for shares in Nos : 1000 Further Multiples of : 1000
Cr Lead Managers to the Issue
Project Cost (.Cr) 30.85 Gretex Corporate Services Ltd
Project Financed through Current Offer (.Cr) 34.80  
Post Issue Equity Share Capital (.Cr) 10.49
Issue Price () 126.00
Projects
Setting up of Manufacturing Facility
Working Capital Requirements
General Corporate Purposes
Promoted By
Girdhari Lal Chamaria
Anshul Chamaria
Manju Chamaria
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd