Aprameya Engineering Limited

25 Jul 2024 - 29 Jul 2024 Individual Category SME NSE

Min Investment

₹116000

Price Band

₹56-₹58

Issue Size

36.06 lakhs
Equity Shares

Lot Size

2000

IPO Dates
img

25 Jul 2024

Open Date

img

29 Jul 2024

Close Date

img

30 Jul 2024

Allotment Date

img

01 Aug 2024

Listing Date

Aprameya Engineering IPO is open for subscription starting Thursday, July 25, 2024, and closing on Monday, July 29, 2024. The price of this upcoming IPO is set at Rs 56 to Rs 58 per share.  The minimum lot size set for the retail category is 2000 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 4000 shares. The minimum investment required for retail category investors is Rs 1,16,000 ( 58 x 1600 shares). However, for the HNI category, the minimum investment amount required is Rs 2,32,000 (58 x 4000 shares).  Aprameya Engineering IPO is a book-built issue of Rs 29.23 crores. This upcoming IPO is an entirely fresh issue of Rs 50.40 lakh equity shares. The allotment for this new IPO is expected to be finalised on Tuesday, July 30, 2024.  Aprameya Engineering IPO will be listed on BSE SME on Thursday, August 1, 2024. Hem Securities Limited is the book-running lead manager, Link Intime India Private Limited is the registrar. 

Know Before Investing

Strengths icon

Weaknesses icon

About Aprameya Engineering Limited

Aprameya Engineering was incorporated in 2003 and is engaged in installing and maintaining Intensive Care Units, Neonatal Intensive Care Units, Pediatric Intensive Care Units, Operation Theatres, and prefabricated structure wards in hospitals and medical care centres. Their products can be divided into 2 categories: establishing healthcare infrastructure within hospitals and medical care centres and dealing in high-value medical equipment.  Aprameya provides these services turnkey and supplies high-value healthcare and diagnostic equipment to private hospitals, government hospitals, and medical practitioners. They provides a 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.  The company has four warehouses -  two in Memnagar, Ahmedabad, one in Prahladnagar, Ahmedabad and the fourth one on Ashram Road, Ahmedabad.

Founded

2003

Managing Director

Saurabh Kishorbhai Bhatt

Parent Organization

IPO Objectives

The amount raised through this initial public offer will be used for meeting the day-to-day capital needs for the proper functioning of the business. Additionally, to fulfil the general corporate purposes. 

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
img

How to Apply for IPO

img img

Login

Login to your Bigul Account

Select Lots & Price

Choose the number of lots and price

UPI ID

Enter your UPI ID

UPI Mandate Request

A UPI Mandate Request Triggered

Approve Mandate

Approve the UPI Mandate Request

IPO Allotment

YES Share will be credited. and the amount will be debited

Close

Let's Open Free Demat Account