Aprameya Engineering Limited Details
The Aprameya Engineering Limited is a fixed price issue with a total issue size of ₹29.23 cr, comprising of fresh issue of 5040000 equity shares. Aprameya Engineering Limited opened for subscription on Jul 25, 2024 and closed on Jul 29, 2024. Aprameya Engineering Limited is set price band at ₹56 to ₹58 per share, with a lot size of 2000 shares. Minimum investment for Retail investors was ₹232,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jul 30, 2024, and listed on the NSE on Aug 01, 2024.
MUFG Intime India Private Limited has been appointed as the registrar. Hem Securities Limited are the Book Running Lead Manager for the issue.
Before investing in the Aprameya Engineering Limited, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 56 – 58
- Lot Size
- 2000
- Issue Size
- ₹29.23 Cr
- Minimum Investment
- ₹232000 (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 Limited Promoters
Saurabh Kishorbhai Bhatt
Chetan Mohan Joshi.
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.53%
Aprameya Engineering Limited 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
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
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.
Aprameya Engineering Limited is a with a total issue size of ₹29.23 crore. The Aprameya Engineering Limited price band is ₹56 to 58 per share. The Aprameya Engineering Limited subscription opens on Thu, Jul 25, 2024, and closes on Mon, Jul 29, 2024. The Aprameya Engineering Limited will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Aprameya Engineering Limited.
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 per share.
Aprameya Engineering Limited lot size is 2000 shares, Retail investors need a minimum investment of ₹232000 based on the upper price band
The minimum investment for Aprameya Engineering Limited is ₹232000, based on one lot of 2000 shares at the upper price band of ₹58 per share.
Investors can apply for the Aprameya Engineering Limited 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 Limited allotment is finalized.
Aprameya Engineering Limited issue size is ₹29.23 crores.
Aprameya Engineering Limited allotment date is Wed, Jul 1, 2026.
The registrar for Aprameya Engineering Limited is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Aprameya Engineering Limited allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.