AMIC Forging Limited
ListedSMEEmerging SME Services · BSE
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.
Price Band
₹121 – ₹126
Issue Size
₹34.80 Cr
Lot Size
1000 shares
GMP
₹135
+107.1%
Est. Listing
₹261
at current GMP
Subscribed
289.12x
overall
Open
29 Nov 2023
Close
1 Dec 2023
Allotment
4 Dec 2023
Refund
5 Dec 2023
Demat Credit
6 Dec 2023
Listing
6 Dec 2023
Last updated 12 days ago
Official Registrar Verification
AMIC Forging Limited Allotment Status
Designated Registrar: Bigshare Services Pvt Ltd
Allotment Date
4 Dec 2023
Basis finalization
Refunds Initiate
5 Dec 2023
Mandate release
Demat Credit
6 Dec 2023
Shares in demat
Listing Debut
6 Dec 2023
Trading begins
How to Check AMIC Forging Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Bigshare Services Pvt Ltd's allotment portal.
- Select AMIC Forging Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About AMIC Forging Limited Public Issue & Market Profile
AMIC Forging Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹34.8 Crores. The shares are offered at a price band of ₹121 to ₹126 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.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,26,000 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.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Bigshare Services Pvt Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-12-06, while un-allotted funds or UPI block mandates will be released on 2023-12-05.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.