IPO Trending
AMICSME / BSEListed
AMIC Forging

Incorporated in 2007, AMIC Forging Limited (formerly Kali Mata Forging Private Limited) manufactures forged and precision machined components like rounds, shafts, blanks, flanges, hubs, gear couplings, and other engineering spares for multiple industries including heavy engineering, steel, oil & gas, petrochemicals, power, cement, sugar, and more. The company works with carbon steel, alloy steel, stainless steel, nickel, and tool alloys and follows international standards like AISI, BS, IS, and DIN. It has modern forging facilities with electro hydraulic and pneumatic hammers, controlled furnaces, a heat treatment plant with water and oil quenching, and a dedicated machine shop. The company recorded revenue from operations of Rs. 2,954.57 Lacs for the period ended June 30, 2023, Rs. 11,585.41 Lacs in FY23, and Rs. 7,111.97 Lacs in FY22.

DRHPANCHOR
₹121 - ₹126289.12x sub
Listed Price₹239.40
Listing Gain+90.00%

IPO Schedule & Timeline

Book Built Issue IPO
Open29 Nov 2023
Close01 Dec 2023
Allotment04 Dec 2023
Listing06 Dec 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB13,10,000 shares
47.43%
Nii(hni)3,94,000 shares
14.27%
Retail9,19,000 shares
33.27%
Market Maker1,39,000 shares
5.03%

Minimum Application Lots

Retail1 Lot (1,000 shares)
₹1,26,000
HNI2 Lots (2,000 shares)
₹2,52,000

Company Promoters

Mr. Girdhari Lal ChamariaMr. Anshul ChamariaMs. Manju ChamariaMs. Rashmi Chamaria

Company Background

Incorporated in 2007, AMIC Forging Limited (formerly Kali Mata Forging Private Limited) manufactures forged and precision machined components like rounds, shafts, blanks, flanges, hubs, gear couplings, and other engineering spares for multiple industries including heavy engineering, steel, oil & gas, petrochemicals, power, cement, sugar, and more. The compan...

Lead Managers & Bankers

Gretex Corporate Services Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun 2023)₹2979.32 Cr
Growth+12.7%
Revenue Trend (₹ in Crores)
0.04.5k9.0k13.4kMar 2021Mar 2022Mar 2023Jun 2023
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun 20232,979.32359.946,367.84287.37
Mar 202311,683.01980.016,107.99385.17
Mar 20227,138.8286.593,163.871,071.32
Mar 20212,643.3756.271,622.07436.50

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values12.8371.25%55.78%1.019.18

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Pvt Ltd

Allotment Finalized
Allotment Date
04 Dec 2023
Official Status
Out / Finalized
Registrar
Bigshare Services Pvt Ltd
Listing Date
06 Dec 2023

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Pvt Ltd

Direct allotment verification on the official registrar portal appointed for AMIC Forging. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization04 Dec 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date06 Dec 2023Trading commences on exchange

How to Check AMIC Forging Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select AMIC Forging from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

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Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About AMIC Forging IPO

Complete issue overview for AMIC Forging (AMIC) IPO. The issue features an equity share price band of ₹121 – ₹126 per share with a minimum retail lot size of 1000 Shares (minimum application amount of ₹1,26,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions