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
Overall Subscription
289.12x
Total Demand
QIB Multiplier
91.43x
Institutions & Funds
NII / HNI
589.63x
High Net-Worth
Retail (RII)
273.01x
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 | 524,000 | 47,911,000 | 91.43x |
| NIB | 394,000 | 232,313,000 | 589.63x |
| RETAIL | 919,000 | 250,894,000 | 273.01x |
| Total | 1,837,000 | 531,118,000 | 289.12x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 967 | 264,001 | 273.01x |
| HNIs (10L +) | 6 | 3,538 | 589.63x |
| HNIs (2-10L) | 30 | 17,689 | 589.63x |
| Total Applications | 1,003 | 285,228 | 284.37x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 is AMIC Forging Limited IPO GMP today?
The latest Grey Market Premium (GMP) for AMIC Forging Limited IPO is ₹135 per equity share. Based on the upper price band of ₹121 to ₹126 per equity share, the estimated listing price is ₹261 (+107.1% expected listing gain).
What is the expected profit per lot for AMIC Forging Limited IPO?
With a lot size of 1000 shares and current GMP of ₹135, the expected profit per application lot is approx ₹1,35,000 (+107.1% gain). Minimum application cost is approx ₹1,26,000.
What is the issue size and price band for AMIC Forging Limited IPO?
The AMIC Forging Limited IPO aggregate issue size is ₹34.8 Crores with an equity price band set at ₹121 to ₹126 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,26,000.
How can I check AMIC Forging Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 289.12x (Retail: 273.01x, QIB: 91.43x, NII: 589.63x). You can track live multiples directly on our dedicated subscription page.
Where and when will AMIC Forging Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Pvt Ltd) and the BSE status verification website on or around 2023-12-04. Investors can verify status using PAN card or application number.
When is the listing date for AMIC Forging Limited IPO?
AMIC Forging Limited shares are scheduled to list on BSE on 2023-12-06.