Aprameya Engineering IPO - GMP, Subscription, Price, Dates & Financial Details
Aprameya Engineering IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹29 Crore, comprising a fresh issue of 50.40 Lakh equity shares aggregating to ₹29.23 Crore.
The Aprameya Engineering IPO remained open for subscription from July 25, 2024, to July 29, 2024. The basis of allotment was finalized on July 30, 2024, and the company's shares were listed on NSE SME Platform on August 01, 2024.
The company had fixed the price band at ₹56 to ₹58 per share, with a lot size of 2000 shares. Retail investors were required to make a minimum investment of ₹232,000 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Hem Securities Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Aprameya Engineering Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
- Price Band
- ₹ 56 – 58
- Lot Size
- 2000
- Issue Size
- ₹29.23 Cr
- Minimum Investment
- ₹ 232,000 (4000 Shares)
- Listing Date
- 01 August 2024
Current GMP
₹23 (+39.66%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Aprameya Engineering Limited
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.
Aprameya Engineering IPO Promoters
Saurabh Kishorbhai Bhatt
Chetan Mohan Joshi.
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.53%
Aprameya Engineering IPO Objective
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
Aprameya Engineering Limited Address / Contact Details
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
Book Running Lead Managers
- Hem Securities Limited
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.
What is the Aprameya Engineering IPO?
Aprameya Engineering IPO is a with a total issue size of ₹29.23 crore. The Aprameya Engineering IPO price band is ₹56 to 58 per share. The Aprameya Engineering IPO subscription opens on Thu, Jul 25, 2024, and closes on Mon, Jul 29, 2024. The Aprameya Engineering IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Aprameya Engineering IPO.
When will the Aprameya Engineering IPO open for subscription?
The Aprameya Engineering IPO opens on Thu, Jul 25, 2024 and closes on Mon, Jul 29, 2024
What is Aprameya Engineering IPO Price Band?
Aprameya Engineering IPO Price Band is ₹56 to 58 per share.
What is Aprameya Engineering IPO Lot Size?
Aprameya Engineering IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹232000 based on the upper price band
What is the minimum investment for Aprameya Engineering IPO?
The minimum investment for Aprameya Engineering IPO is ₹232000, based on one lot of 2000 shares at the upper price band of ₹58 per share.
How to apply for Aprameya Engineering IPO?
Investors can apply for the Aprameya Engineering IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Jul 29, 2024. The application amount remains blocked until the Aprameya Engineering IPO allotment is finalized.
What is Aprameya Engineering IPO Issue Size?
Aprameya Engineering IPO issue size is ₹29.23 crores.
What is the Aprameya Engineering IPO Allotment Date?
Aprameya Engineering IPO allotment date is Tue, Jul 30, 2024.
Who is the Aprameya Engineering IPO Registrar?
The registrar for Aprameya Engineering IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Aprameya Engineering IPO allotment status, refund processing, and other IPO-related information.
What is the Aprameya Engineering IPO GMP?
The Aprameya Engineering IPO 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 IPO listing price is ₹81, indicating a potential listing gain of approximately 39.66% over the issue price.
Who is the Aprameya Engineering IPO Lead Manager?
The book-running lead managers (BRLMs) for the Aprameya Engineering IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Aprameya Engineering IPO Red Herring Prospectus (RHP).