IPO : AMIC Forging Limited
| SYMBOL | AMIC |
| ISSUE TYPE | Book Built Issue IPO |
| ISSUE OPENS ON | Wednesday, November 29, 2023 |
| ISSUE CLOSES ON | Friday, December 1, 2023 |
| ISSUE PRICE | ₹121 to ₹126 per share |
| ISSUE SIZE | Up to Rs.34.80 Crores |
| FACE VALUE | Rs.10 per share |
AMIC Forging IPO is a book built issue of Rs 34.80 crores. The issue is entirely a fresh issue of 27.62 lakh shares.
AMIC Forging IPO is open for subscription on November 29, 2023 and close today December 1, 2023. The allotment for the AMIC Forging IPO is expected to be finalized on Wednesday, December 6, 2023. AMIC Forging IPO will list on BSE SME with tentative listing date fixed as Monday, December 11, 2023.
| MINIMUM BID | 1000 shares |
| MINIMUM AMOUNT | Rs.126,000 |
| MAXIMUM BID | 1000 shares |
| MAXIMUM AMOUNT | Rs.126,000 |
| PROMOTER HOLDING | 57.74% (Post-issue) |
| LISTING DATE | Monday, December 11, 2023 |
| LISTING AT | BSE-SME |
AMIC Forging IPO price band is set at ₹121 to ₹126 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹126,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹252,000.
Objects of the Issue (AMIC Forging IPO Objectives)
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Setting up of Manufacturing facility.
- Working Capital Requirements.
- General Corporate Purposes.
For Existing Clients : https://gudwil.in/IPO
Open an account : https://gudwil.in/smartFurther any clarification, feel free to contact your Branch / Relationship Manager.For all your investment needs feel free to reach us. Give us a missed call at 90037 90027. For Support: 044-40329999Warm Regards,
Team GoodwillDISCLAIMER : Investments in the securities market are subject to market risk. Read all the related documents carefully before investing. The data and information herein provided are believed to be reliable, but Goodwill Wealth Management Pvt. Ltd., does not warrant its accuracy or completeness. Goodwill Wealth Management Pvt. Ltd., or any of its employees are not liable for any action taken by any party based on the above information. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Special note: Short-term trading on the basis of technical is high risk and skill-oriented venture and may result in huge losses also. Traders doing so are doing at their own risk. We are not responsible for any damages. Note: The material is being provided to you for educational purposes only and does not constitute investment advice; returns mentioned herein are in no way a guarantee or promise of future returns. See Disclaimer, Privacy Policy @ https://gwcindia.in/Disclaimer
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