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
Live Grey Market Premium
Amtech Esters Limited GMP Today
Last updated: 17 Sept 2026
Current Premium
₹13+17.3%
Issue Price (Upper)
₹75
Band: ₹71 – ₹75
Estimated Listing Price
₹88
Upper price + GMP
Lot Size
1600 shares
Min investment ₹1,20,000
Estimated Profit / Lot
₹20,800
1600 × ₹13
Amtech Esters Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹13
▲ 0 today
Updated less than a minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | +₹13 | 17.3% | ₹88 |
| 26 Sep 2026 | +₹13 | 17.3% | ₹88 |
| 25 Sep 2026 | +₹12 | 15.6% | ₹87 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
Public Issue & Pricing Context:
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.
Basis of Allotment & Listing Timeline:
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 Amtech Esters Limited IPO GMP today?
The latest grey market premium for Amtech Esters Limited IPO is ₹13, which indicates an expected listing price of ₹88.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.