AMIC Forging stands out as a player, in the forging sector focusing on crafting parts that are customized to match the unique needs of various industries. Their expertise lies in producing machined components that not only meet international standards but also cater to the specific demands of customers. They serve a range of sectors, including Heavy Engineering, Steel, Oil and Gas Petrochemicals, Chemicals, Refineries, Power Generation (Thermal, Nuclear, Hydro) Cement, Sugar, and related industries.
AMIC Forging specializes in the production of forged components that adhere to standards, like AISI, BS, IS, DIN, and more. Their range of products includes rounds, shafts, blanks as finished engineering spare parts such as gear couplings, hubs, flanges, and other custom-made engineering spares. These components are skillfully crafted from materials, like carbon steel, alloy steel, stainless steel, nickel alloys, and tool alloys. This showcases the company’s adaptability and versatility. With their forging facilities and machining capabilities AMIC Forging caters to both international customers while ensuring cost efficiency and shorter lead times through streamlined processes.
The company boasts a well-established design center equipped with the latest 3D software and highly trained technicians. Committed to continuous improvement, AMIC Forging upholds high-quality standards and on-time delivery. Adhering to international quality standards, the company incorporates stage inspections in every process, ensuring materials move forward only upon inspection clearance.
AMIC Forging sets itself apart by offering a range of products giving them an advantage. They also have plans to grow by expanding into Steel Melting and ingot Casting, which will allow them to diversify their product offerings and increase production by having access, to materials. With an infrastructure, quality standards, and a team of dedicated experts, AMIC Forging is well-positioned to meet the diverse needs of various critical product applications.
AMIC Forging has established a foothold, in the market and is known for its expertise in producing open forgings while placing great emphasis on quality and safety. The company’s ISO 9001;2015 certification serves as a testament to their commitment to maintaining standards of quality and safety. AMIC Forging prioritizes safety by implementing procedures employing personnel and utilizing top-notch equipment. The manufacturing process is closely supervised by engineers and comprehensive documentation and traceability measures are in place to ensure compliance, with all regulatory requirements.
The manufacturing facilities feature a forging unit with a 6 M/ton capacity Electro Hydraulic Hammer and a 1 M/ton capacity Pneumatic Hammer, each supported by a Manipulator, Overhead Cranes, Jib Cranes, and three oil-fired furnaces with temperature control. Additionally, they have a Heat Treatment Plant with an automatically controlled furnace, four-point recording arrangement, and temperature graph indicator/recorder, along with water and oil quenching arrangements. The machine shop is well-equipped with various machines essential for the manufacturing process.
AMIC Forging IPO Complete Details:
AMIC Forging IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP OF AMIC Forging is Around 00 Rs.
Objects Of Issue:
a) Establishment of Manufacturing Facility
b) Funding for Operational Needs
c) General Corporate Objectives
Promoters:
1) Mr. Girdhari Lal Chamaria:
– Position: Founder, Promoter, and Managing Director
– Education: Bachelor’s degree in Commerce from the University of Calcutta
– Experience: Over 45 years
2) Mr. Anshul Chamaria:
– Position: Executive Director
– Role: Director, Operations Head; oversees company execution
– Contribution: Expertise led to company growth; vast industry knowledge and experience.
3) Ms. Rashmi Chamaria:
– Position: Non-Executive Director
– Education: Bachelor’s degree in Science from Jadavpur University
4) Ms. Manju Chamaria:
– Position: Promoter
– Experience: Several years in the same line of business
FAQs:
When AMIC Forging IPO is Opening?
AMIC Forging IPO is Opening on 29 November 2023.
When is the AMIC Forging IPO Closing?
AMIC Forging IPO is Closing on 01 December 2023.
What is the Issue Size of the AMIC Forging IPO?
The IPO Issue Size of the AMIC Forging is 34.80 Crore.
Price Band of AMIC Forging IPO?
The price Band of AMIC Forging IPO is 121 to 126 rupees per share.
What is the minimum investment for AMIC Forging IPO?
The minimum investment for the AMIC Forging IPO is 126,000 Rupees.
Allotment Date of AMIC Forging IPO?
The Allotment of AMIC Forging IPO is on 06 December 2023.
Listing Date of AMIC Forging IPO?
The Listing Of AMIC Forging is Scheduled on 11 December 2023.
One Should Apply for AMIC Forging IPO or Not?
will update soon
How to apply for AMIC Forging IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find AMIC Forging IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for AMIC Forging IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find AMIC Forging IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for AMIC Forging IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find AMIC Forging IPO from the list ——–> Click on AMIC Forging IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of the AMIC Forging?
Gretex Corporate Services Limited is the Lead Manager of the AMIC Forging.
Where To Check the Allotment of AMIC Forging IPO?
The allotment status for the AMIC Forging IPO will be accessible on the Bigshare Services Private Limited Website.
AMIC Forging IPO is going to be listed at?
AMIC Forging IPO is going to be listed at BSE SME.
What is the Lot Size of the AMIC Forging IPO?
The lot size of the AMIC Forging IPO is 1000 Shares.
What is the EPS of the AMIC Forging IPO?
The EPS of the AMIC Forging is 12.83 Rupees.
What is the P/E Ratio of the AMIC Forging IPO?
The P/E Ratio of the AMIC Forging is 1.01.
What is the ROE of the AMIC Forging IPO?
The ROE of the AMIC Forging is 71.25%.
What is the ROCE of the AMIC Forging IPO?
The ROCE of the AMIC Forging is 55.78%.
