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LISTEDSME

AMIC Forging IPO

Open 29th Nov 2023 · Close 1st Dec 2023 · Listing 6th Dec 2023

Verified 2026-08-2489% data coverage
Issue Price₹126.00
Listing Price₹239.40
Current Price
Listing Gain90.00%
Current Return

At a glance

Updated 2026-08-24

The shares listed at ₹239.40, a 90.00% move from the issue price. AMIC Forging is a SME IPO with an issue size of ₹34.80 crore, proposed for listing on BSE SME. The offer opens on 29th Nov 2023 and closes on 1st Dec 2023. The issue structure includes a fresh issue of ₹33.05 crore. The current listing schedule points to 6th Dec 2023.

Issue details

Listing atBSE SME
Issue typeBook Build Issue
Issue size₹34.80 Cr
Fresh issue₹33.05 Cr
Face value₹10
Price band₹121.00–₹126.00
Allotment4th Dec 2023
Listing6th Dec 2023

Listing performance

Full performance ↗
Issue price₹126.00
Listing price₹239.40
Current price
Listing gain90.00%
Current return
Price progressionIssue → Listing → Current

Grey market

GMP page ↗
Latest GMP₹135.00
GMP / upper price107.14%
Est. listing₹261.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens29th Nov 2023
Closes1st Dec 2023
Allotment4th Dec 2023
Refund5th Dec 2023
Demat5th Dec 2023
Listing6th Dec 2023

Subscription demand

Full bidding ↗
Total289.05×

Lot size

InvestorLotsSharesAmount
Minimum Bid11000₹126,000

Company

Use of proceeds

ObjectAmount
Setting up of Manufacturing facility₹22.35 Cr
Working Capital Requirements₹7.50 Cr
General Corporate Purposes₹1.00 Cr
Total₹30.85 Cr

31 Mar 2021

Assets16.22
Total Income26.43
Profit After Tax0.56
NET Worth6.81
Reserves and Surplus6.10
Total Borrowing4.37

31 Mar 2022

Assets31.64
Total Income71.39
Profit After Tax0.87
NET Worth7.67
Reserves and Surplus6.96
Total Borrowing10.71

31 Mar 2023

Assets61.08
Total Income116.83
Profit After Tax9.80
NET Worth19.84
Reserves and Surplus18.98
Total Borrowing3.85

30 Jun 2023

Assets63.68
Total Income29.79
Profit After Tax3.60
NET Worth23.38
Reserves and Surplus22.53
Total Borrowing2.87
Trend chart₹ crore

KPIs

KPI
ROE
ROCE
Debt / Equity
RoNW
PAT Margin

Valuation & shareholding

Pre-IPO EPS12.83
Pre-IPO P/E1.01
Post-IPO P/E9.18
Promoter holding pre78.38%
Promoter holding post57.74%
Market cap₹132.15 Cr.

Issue expenses

ExpenseAmount
Payment to the Lead Manager₹0.23 Cr
Underwriting Fees₹1.74 Cr
Market Making Fees₹1.61 Cr
Fees payable to Registrar to Issue₹0.03 Cr
Fees to Legal Advisor₹0.02 Cr
Advertisement Expenses₹0.04 Cr
Fees payable to Regulators including Stock Exchange₹0.08 Cr
Printing & Distribution Expenses₹0.01 Cr
Marketing & Selling Expenses₹0.17 Cr
Payment to Sponsor Bank₹0.02 Cr
Statutory & Other Reports₹0.02 Cr

Registrar & lead managers

Registrar

Bigshare Services Pvt.Ltd.

Lead managers

  • Gretex Corporate Services Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.