• By Goodwill
  • 56 Comments
  • December 1, 2023

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:

  1. Setting up of Manufacturing facility.
  2. Working Capital Requirements.
  3. General Corporate Purposes.
SMART IPO using UPI, you can now apply online

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

Comments

  1. Lcwywe
    January 11, 2024

    salicylic acid versus benzoyl peroxide oral permethrin how to clear adult acne

  2. Vhisca
    January 13, 2024

    allergy pills without antihistamine albuterol 2mg usa antihistamine generic names

  3. Kfxuzb
    February 25, 2024

    generic lisinopril 10mg lisinopril usa order lisinopril 2.5mg without prescription

Leave a Reply

Your email address will not be published. Required fields are marked *