Amtech Esters Limited
ListedSMEChemicals · BSE
Amtech Esters Limited, incorporated in May 2002, is a B2B chemical manufacturing company engaged in producing Unsaturated Polyester Resins (UPRs) and trading complementary products used across the resin and FRP value chain. Originally incorporated as Amtech Esters Private Limited, the Company was converted into a public limited company in December 2023. Its product portfolio includes UPRs, fibreglass, hardeners, silicones and other ancillary products, allowing it to provide customers with an integrated sourcing solution covering resins, reinforcement, curing, finishing and application-specific requirements. Through its wholly owned subsidiary, Croda Pigments Private Limited, the Company also manufactures pigments used in paints, varnishes, dyes, glues, gums and other chemical applications. Amtech Esters has dedicated Research & Development and Quality Control departments and holds ISO 9001:2015 certification, supporting product quality and process consistency. The Company operates a modern and automated manufacturing facility in Bahadurgarh, Jhajjar, Haryana. As of March 31, 2026, it had 60 employees across production, sales and marketing, quality control, packaging and dispatch, finance, legal, human resources and management functions.
Price Band
₹71 – ₹75
Issue Size
₹238.40 L Cr
Lot Size
1600 shares
GMP
₹13
+17.3%
Est. Listing
₹88
at current GMP
Subscribed
25.78x
overall
Open
9 Sep 2026
Close
11 Sep 2026
Allotment
15 Sep 2026
Refund
16 Sep 2026
Demat Credit
17 Sep 2026
Listing
17 Sep 2026
Last updated 11 days ago
Overall Subscription
25.78x
Total Demand
QIB Multiplier
15.07x
Institutions & Funds
NII / HNI
32.32x
High Net-Worth
Retail (RII)
28.93x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 452,800 | 6,822,400 | 15.07x |
| NIB | 340,800 | 11,016,000 | 32.32x |
| HNIs(10L +) | 227,200 | 7,747,200 | 34.10x |
| HNIs (2-10L) | 113,600 | 3,268,800 | 28.77x |
| RETAIL | 793,600 | 22,956,800 | 28.93x |
| Total | 1,928,000 | 51,811,200 | 25.78x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 248 | 7,174 | 28.93x |
| HNIs(10L +) | 47 | 506 | 10.77x |
| HNIs (2-10L) | 24 | 646 | 26.92x |
| Total Applications | 319 | 8,326 | 26.10x |
Day-Wise Subscription Progress
About Amtech Esters Limited Public Issue & Market Profile
Amtech Esters Limited is bringing an initial public offering (IPO) in the Chemicals sector with an aggregate issue size of ₹23,84,000 Crores. The shares are offered at a price band of ₹71 to ₹75 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-09-17, while un-allotted funds or UPI block mandates will be released on 2026-09-16.
Frequently Asked Questions
What is the issue size and price band for Amtech Esters Limited IPO?
The Amtech Esters Limited IPO aggregate issue size is ₹23,84,000 Crores with an equity price band set at ₹71 to ₹75 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,20,000.
How can I check Amtech Esters Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Amtech Esters Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2026-09-15.