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15 Days Price Change

Amic Forging IPO

Closing In

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WEBSITE Inc. Year: 2007 Industry: Forgings Listed Page

Profile
Issue Size --
Profile
Price Range 121  to  126 per share
Profile
Min Investment ₹126
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

AMIC Forging Ltd is a dynamic and innovative company specializing in metal forging solutions. With a commitment to excellence, AMIC Forging leverages cutting-edge technology and skilled craftsmanship to produce high-quality forged products for diverse industries. The company is known for its precision engineering, meeting the stringent requirements of clients in automotive, aerospace, and other sectors. AMIC Forging prides itself on a customer-centric approach, offering tailor-made forging solutions to meet specific needs. With a focus on reliability and efficiency, the company has established a reputation for delivering top-notch forged components, contributing to the success and advancement of its clients in the global market. Read More

Basic Info

Face Value 10 per share

Price 121  to  126 per share

P/E (x) 3.7

Sales( Cr.) 121

PAT( Cr.) 36

EPS 33.9

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Mr. Girdhari Lal Chamaria Mr. Anshul Chamaria Ms. Manju Chamaria Ms. Rashmi Chamaria.

Pre Issue Share Holding 100%

Post Issue Share Holding 60.25%

Listing Details:

Listing Price: 239.4

Listing Gain: 47.37%

Current Price: 1752

Gain On Issue: 1752 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Nov 29, 2023
Closing Date Dec 01, 2023
Allotment Dec 04, 2023
Refund Dec 05, 2023
Delivery of Shares Dec 05, 2023
Listing Date Dec 06, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1000 126,000
Retail (Max) 1 1000 126,000
S-HNI (Min) 2 2000 252,000
S-HNI (Max) 7 7000 882,000
B-HNI (Min) 8 8000 1,008,000

Objective of the Issue

1. Setting up of Manufacturing facility. 2. Working Capital Requirements. 3. General Corporate Purposes.

Issue

Category Nos Bid Bid (x)
QIB 1381000 126264830 91.4x
NII 414300 244134561 589.3x
Retail 966700 263918767 273x
EMP 0 0 0x
Total 2762000 798356100 289.1x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Amic Forging Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 26 71 116 126 121
Other Income 0 0 1 3 21
Total Income 26 71 117 130 142
Total Expenditure 25 69 102 110 93
Operating Profit 2 2 15 20 49
Interest 0 1 1 1 0
Depreciation 0 1 1 1 3
Exceptional Income / Expenses -0 0 -0 0 0
Profit Before Tax 1 1 13 19 45
Provision for Tax 0 0 3 5 10
Profit After Tax 1 1 10 14 36
Adjustments 0 0 0 -0 0
Profit After Adjustments 1 1 10 14 36
Adjusted Earnings Per Share 0.9 1.4 12.5 13.2 33.9

Amic Forging Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 7 8 20 65 124
Minority's Interest 0 0 0 0 0
Borrowings 4 10 4 3 0
Other Non-Current Liabilities 0 0 0 0 1
Total Current Liabilities 5 14 38 24 28
Total Liabilities 16 32 62 92 153
Fixed Assets 4 5 8 12 35
Other Non-Current Assets 2 12 22 32 45
Total Current Assets 10 14 32 48 73
Total Assets 16 32 62 92 153

Amic Forging Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 1 12
Cash Flow from Operating Activities -2 6 18 -8 6
Cash Flow from Investing Activities -2 -12 -13 -10 -19
Cash Flow from Financing Activities 4 6 -4 29 20
Net Cash Inflow / Outflow -0 0 1 11 7
Closing Cash & Cash Equivalent 0 0 1 12 20

Amic Forging Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.88 1.35 12.5 13.19 33.9
CEPS(Rs) 1.58 2.27 13.29 13.89 36.64
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 10.64 12 25.7 61.55 95.41
Core EBITDA Margin(%) 5.77 3.08 11.71 13.07 23.08
EBIT Margin(%) 4.12 2.63 11.97 15.17 37.78
Pre Tax Margin(%) 2.95 1.74 11.29 14.76 37.44
PAT Margin (%) 2.13 1.22 8.34 10.98 29.31
Cash Profit Margin (%) 3.83 2.04 8.86 11.54 31.68
ROA(%) 3.47 3.62 20.55 17.93 29.05
ROE(%) 8.27 11.96 70.19 32.81 43.2
ROCE(%) 9.75 12.67 63.93 40.97 47.57
Receivable days 124.53 58.73 56.11 73.65 85.14
Inventory Days 14.25 3.2 10.52 9.8 24.69
Payable days 73.48 51 85.86 87.12 75.5
PER(x) 0 0 0 50.16 31.87
Price/Book(x) 0 0 0 10.75 11.32
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.19 0.16 0.04 5.43 9.18
EV/Core EBITDA(x) 3.18 4.57 0.32 34.53 22.86
Net Sales Growth(%) 0 169.3 62.9 8.88 -3.83
EBIT Growth(%) 0 72.02 640.74 37.97 139.46
PAT Growth(%) 0 53.88 1015.78 43.35 156.74
EPS Growth(%) 0 53.89 823.65 5.47 157.04
Debt/Equity(x) 0.64 1.4 0.26 0.06 0
Current Ratio(x) 1.92 1.02 0.85 1.97 2.64
Quick Ratio(x) 1.73 1.01 0.68 1.96 2.05
Interest Cover(x) 3.52 2.96 17.54 36.5 111.61
Total Debt/Mcap(x) 0 0 0 0.01 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -4% 19% 0% 0%
Operating Profit CAGR 145% 190% 0% 0%
PAT CAGR 157% 230% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 20% NA% NA% NA%
ROE Average 43% 49% 33% 33%
ROCE Average 48% 51% 35% 35%

Company Contact Information

Amic Forging Ltd.

3 A, Garstin Place 2nd Floor

IPO Lead Manager(s)

Amic Forging Ltd.

Gretex Corporate Services Ltd.

Registrar Info

Amic Forging Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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