Aprameya Engineering Limited
Open SmeCurrent GMP
₹23 (+39.66%)
Price Band
₹ 56 – 58
Lot Size
2000
Issue Size
₹29.23 Cr
Minimum Investment
₹232000 (4000 Shares)
Listing Date
01 August 2024
Subscription
-
About the Company
Incorporated in September 2003, Aprameya Engineering Limited installs and maintains Intensive Care Units (ICU), Neonatal Intensive Care Units (NICU), Pediatric Intensive Care Units (PICU), Operation Theatres, and prefabricated structure wards in hospitals and medical care centres. They provide these services on a turnkey basis and also supply high-value healthcare and diagnostic equipment to private hospitals, government hospitals, and medical practitioners.
The company's products can be segregated into two categories:-
Establishing healthcare infrastructure within hospitals and medical care centers.
Dealing in high-value medical equipment
Since 2020, the company has been setting up ICUs and operation theatres and has installed around 2000 critical care beds, including ICUs, NICUs, and PICUs, Modular operation theatres are being established throughout the state of Rajasthan.
The company has four warehouses: two in Memnagar, Ahmedabad, one in Prahladnagar, Ahmedabad and the fourth one on Ashram Road, Ahmedabad.
The company provides a wide range of medical equipment and solutions, such as an Electrosurgical Generator, Electrosurgical Unit, CO2 Insufflator, LED Surgery Light, Surgical and medical Examination Light, ICU Respiratory Monitoring System, ICU Ventilation System, Anesthesia Workstation, Jaundice Meter, Anesthesia Machine, and Harmonic Scale.
As of August 31, 2023, the company employed 44 permanent staff members responsible for day-to-day business operations, marketing, and accounting functions. business operations, marketing, and accounting functions.
Promoters
Saurabh Kishorbhai Bhatt
Chetan Mohan Joshi.
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.53%
Objects of the Issue
The company intend to utilize the proceeds of the Issue to meet the following objects:-- To meet incremental working capital requirements (including augmentation on Long Term Working Capital)
- General corporate purpose
Address / Contact Info
Aprameya Engineering Limited
908, 9th Floor, Venus Atlantis Corporate Park
Anandnagar, Prahladnagar,
Ahmedabad-380015
Phone: + 079-40068827
Email: cs@aelhealth.com
Website: https://www.aelhealth.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Thursday, 25 July 2024
IPO Close Date
Monday, 29 July 2024
Basis of Allotment
Tuesday, 30 July 2024
Initiation of Refunds
Wednesday, 31 July 2024
Credit of Shares to Demat
Wednesday, 31 July 2024
Listing Date
Thursday, 01 August 2024 — NSE & BSE
Important Dates
Open Date
25 July 2024
Close Date
29 July 2024
Basis Of Allotment
30 July 2024
Listing Date
01 August 2024
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2024 |
|---|---|
| Assets | 7560.42 |
| Revenue | 6562.22 |
| Profit After Tax | 345.67 |
| Net Worth | 2336.76 |
| Reserve & Surplus | 936.76 |
| Total Borrowings | 4204.83 |
EPS Pre
2.47%
EPS Post
1.82%
P/E Pre
23.49
P/E (Post Issue)
31.95x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | The market capitalization of Aprameya Engineering IPO is Rs 110.43 Cr. |
|---|---|
| ROE % | 15.97 |
| ROCE % | 9.6 |
| Debt / Equity | 1.8 |
| RoNW % | 14.79 |
| PbW | 3.48 |
| Pat Margin % | 5.3 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 1434000 | 28.45 | 0 |
| Market Maker | 254000 | 5.04 | 0 |
| Qualified Institutions | 958000 | 19.01 | 0 |
| Non-Institutional | 718000 | 14.25 | 0 |
| Retail Investors | 1676000 | 33.25 | 0 |
| Total | 5040000 | 100 | 0 |
Subscription Status ( Fri, 02 Aug 24 07:29 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 958000 | 86498000 | 90.29x |
| Non-Institutional | 718000 | 244110000 | 339.99x |
| Retail Investors | 1676000 | 314884000 | 187.88x |
| Total | 3352000 | 645492000 | 192.57x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | 116,000.00 |
| Retail (Max) | 1 | 2,000 | 116,000.00 |
| S-HNI (Min) | 2 | 4,000 | 232,000.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Hem Securities Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Aprameya Engineering Limited is a worth ₹29.23 crores. The price band is ₹56 to 58 per share. The IPO opens on Thu, Jul 25, 2024 and closes on Mon, Jul 29, 2024. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Aprameya Engineering Limited opens on Thu, Jul 25, 2024 and closes on Mon, Jul 29, 2024
Aprameya Engineering Limited Price Band is ₹56 to 58.
Aprameya Engineering Limited lot size is 2000, and the minimum amount required for application is ₹232000.
The minimum investment for Aprameya Engineering Limited is approximately ₹232000 based on the upper price band.
To apply for the Aprameya Engineering Limited, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Mon, Jul 29, 2024. After submission, funds are blocked until the basis of allotment of Aprameya Engineering Limited is finalised.
Aprameya Engineering Limited issue size is ₹29.23 crores.
Aprameya Engineering Limited allotment date is Sat, Jun 27, 2026.
The registrar for Aprameya Engineering Limited is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Aprameya Engineering Limited through their official website or helpline.
The Aprameya Engineering Limited GMP (Grey Market Premium) is ₹23 as of Thu, Aug 1, 2024. Based on the upper price band of ₹58 per share, the estimated Aprameya Engineering Limited listing price is ₹81, indicating a potential listing gain of approximately 31% over the issue price.