Aprameya Engineering IPO
IPO Listing Details
- Listing Date
01 Aug 2024
- Listing Price
₹ 72.00
- Listing Change
-
- Last Traded Price
₹ 118.85
IPO Details
- Open Date
25 Jul 2024
- Close Date
29 Jul 2024
- IPO Price Range
₹ 56 to ₹ 58
- IPO Size
₹ 29.23 Cr
- Listing Exchange
NSE SME
- Listing Date
01 Aug 2024
IPO Timeline
Aprameya Engineering IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 25-Jul-2024 | 7.49 | 1.47 | 2.09 | 3.50 |
| 26-Jul-2024 | 7.49 | 3.28 | 6.16 | 5.92 |
| 29-Jul-2024 | 90.29 | 339.69 | 185.63 | 191.38 |
Last Updated: 29 July 2024 6:00 PM by 5Paisa
Last Updated: 29th July 2024, 05:55 PM by 5paisa
Aprameya Engineering IPO is set to open on 25 July 2024 and will close on 29 July 2024. The company specializes in the construction and upkeep of prefabricated wards, operation theaters, neonatal intensive care units (NICUs), pediatric intensive care units (PICUs), and intensive care units (ICUs) in hospitals and medical facilities.
The IPO includes a fresh issue of 50,40,000 shares aggregating up to ₹29.23 Cr. The price range is ₹56 to ₹58 per share and the lot size is 2000 shares.
The allotment is scheduled to be finalized on 30 July 2024. It will go public on NSE SME, with a tentative listing date of 1 August 2024.
Hem Securities Limited is the book-running lead manager, while Link Intime India Private Ltd is the registrar.
Objectives Of Aprameya Engineering IPO
1. To meet incremental Working Capital requirements
2. General Corporate Purpose.
Aprameya Engineering IPO Size
| Types | Size (₹Cr) |
|---|---|
| Total IPO size | 29.23 |
| Offer for sale | - |
| Fresh issue | 29.23 |
Aprameya Engineering IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹116,000 |
| Retail (Max) | 1 | 2000 | ₹116,000 |
| S-HNI (Min) | 2 | 4,000 | ₹232,000 |
Aprameya Engineering IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.) |
|---|---|---|---|---|
| QIB | 90.29 | 9,58,000 | 8,64,98,000 | 501.69 |
| NII (HNI) | 339.69 | 7,18,000 | 24,38,98,000 | 1,414.61 |
| Retail | 185.63 | 16,76,000 | 31,11,16,000 | 1,804.47 |
| Total | 191.38 | 33,52,000 | 64,15,12,000 | 3,720.77 |
Aprameya Engineering IPO Anchor Allocation
| Anchor Bid Date | 24 July, 2024 |
| Total no. of shares offered | 1,434,000 |
| Portion Size for Anchor Investors | 8.32 Cr. |
| Lock in Period for 50% shares (30 days) | 29 August, 2024 |
| Lock in Period for rest of shares (90 days) | 28 October, 2024 |
Aprameya Engineering Limited was established in September 2003 and is a company that specializes in the construction and upkeep of prefabricated wards, operation theaters, neonatal intensive care units (NICUs), pediatric intensive care units (PICUs), and intensive care units (ICUs) in hospitals and medical facilities. The business provides high-value healthcare and diagnostic equipment to government and commercial institutions, as well as medical professionals, on a turnkey basis.
Their services fall into two primary categories: providing high-quality medical equipment and setting up healthcare infrastructure within hospitals and medical facilities.
Aprameya Engineering Limited has been actively installing ICUs and operating rooms since 2020. To date, the company has erected almost 2000 critical care beds, including NICUs, PICUs, and ICUs. Additionally, they are setting up modular surgery rooms all throughout Rajasthan.
The firm runs four warehouses in Ahmedabad, one each on Ashram Road, Prahlad Nagar, and Memnagar (two).
Electrosurgical generators, electrosurgical units, CO2 insufflators, LED surgery lights, surgical and medical examination lights, ICU respiratory monitoring systems, ICU ventilation systems, anesthesia workstations, jaundice meters, anesthesia machines, and harmonic scalpels are just a few of the medical supplies and equipment that Aprameya Engineering Limited offers.
For more information
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 78.33 | 200.26 | 26.01 |
| EBITDA | 7.48 | 24.13 | 1.55 |
| PAT | 5.37 | 16.62 | 1.02 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 61.89 | 48.71 | 10.87 |
| Share Capital | 14.00 | 7.00 | 3.73 |
| Total Borrowings | 28.74 | 13.68 | 1.48 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | -13.49 | -0.37 | 3.58 |
| Net cash from / (used in) investing activities | -1.83 | -2.65 | -0.03 |
| Net cash flow from / (used in) financing activities | 13.04 | 5.50 | -3.67 |
| Net increase (decrease) in cash and cash equivalents | 2.28 | 2.48 | -0.06 |
Strengths
1. Aprameya Engineering Limited has a strong niche in setting up and maintaining ICUs, NICUs, PICUs.
2. The healthcare sector is in high demand.
3. Since 2020, the company has successfully installed around 2000 critical care beds and modular operation theaters.
4. The company offers a wide range of high-value medical equipment,
Risks
1. The healthcare sector is heavily regulated.
2. The company faces competition from both domestic and international players.
3. A significant portion of the company’s revenue may come from government projects.
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FAQs
Aprameya Engineering IPO opens from 25th July to 29th July 2024.
The size of Aprameya Engineering IPO is ₹29.23 Cr.
The price of Aprameya Engineering IPO is fixed at ₹56 to ₹58 per share.
To apply for Aprameya Engineering IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Aprameya Engineering IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Aprameya Engineering IPO is 2000 shares and the investment required is ₹1,16,000.
The share allotment date of Aprameya Engineering IPO is 30th July 2024
The Aprameya Engineering IPO will be listed on 1st August 2024.
Hem Securities Limited is the book-running lead manager for Aprameya Engineering IPO.
Aprameya Engineering plans to utilize the raised capital from the IPO for:
1. To meet incremental Working Capital requirements
2. General Corporate Purpose.
