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Amic Forging Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Amic Forging Ltd IPO

Registered Office: 3A Garstin Place,2nd Floor , Kolkata - 700001 , West Bengal , India.
Phone : 033-40668190   Fax:
Email :  amic@amicforgings.com  
Website :  www.amicforgings.com
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 Money Payable On
Opens On Closes On Application Allotment
29-Nov-23 01-Dec-23 (Rs)126.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1000  Further Multiples of :1000

  (Rs Cr) Lead Managers to the Issue
Project Cost 30.85
Gretex Corporate Services Ltd
Project Financed through Current Offer 34.80  
Post Issue Equity Share Capital 10.49  
Issue Price (Rs)126.00  
 
Projects
Setting up of Manufacturing FacilityGeneral Corporate Purposes
Working Capital Requirements
Promoted By
Girdhari Lal Chamaria  
Anshul Chamaria  
Manju Chamaria  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd