Aprameya Engineering IPO
#1. Quick Intro to Aprameya Engineering IPO
The initial public offering (IPO) of Aprameya Engineering will open for subscription on July 25 and close on July 29, comprising fresh issues of Rs.29.23 crore. An investor can apply for the issue for a minimum of 2000 shares and the listing will happen on August 01, 2024.
Aprameya Engineering Limited (2021) is engaged in the business of installation, set up & maintenance of Intensive Care Units (“ICU”), Neonatal Intensive Care Units (“NICU”), Pediatric Intensive Care Units (“PICU”), Operation Theatre, dialysis centres and prefabricated structure ward in the hospitals and medical care centres on turnkey basis along with a supply of high-value healthcare equipment and diagnostic equipment to private hospitals, Government hospitals and medical practitioners. Further, the company has many times received commissions from equipment suppliers for supply of the medical equipment directly to the customers
Check out the IPO allotment status on IPO Deliver.
#2. IPO Object of Aprameya Engineering
The company intends to use the IPO Funds for the following purposes:
- Funding for the expansion of diagnostic business
- General corporate purposes and issue expenses.
#3. Aprameya Engineering Core Strengths
- Rapid growth in the business with a focus on setting up healthcare infrastructure
- Track records execution capability of setting up ICU, etc.
- Firm arrangement with many medical equipment suppliers and manufacturers
- Experienced promoters and management team
#4. Aprameya Engineering IPO Review & Rating
| Issue Size | Rs.29.23 crore |
| Issue Price | Rs.56-58 per share |
| Minimum Lot Size | 2000 Shares |
| Total Profit (Latest) | Rs.345.67 lakhs |
| ROE (%) | 15.97 |
| RONW (%) | 14.79 |
| Listing on | NSE SME |
| IPO Deliver Rating | One |
#5. Aprameya Engineering IPO Dates, Price Band & Details
Aprameya Engineering IPO will open on July 25, 2024, and close on July 29, 2024. The IPO is to be listed on August 01, 2024.
| Type of issue | Book Built Issue IPO |
| Issue Size | Rs.29.23 crore |
| Price Brand | Rs.56-58 per share |
| Face Value | Rs. 10/- per share |
| IPO Open Date | July 25, 2024 |
| IPO Close Date | July 29, 2024 |
| IPO Allotment Date | July 30, 2024 |
| Refund Date | July 31, 2024 |
| Share Credit Date | July 31, 2024 |
| Listing Date | August 01, 2024 |
Click here for the previous SME IPOs
#6. Aprameya Engineering IPO Offer Details
Aprameya Engineering IPO’s total issue size is 50,40,000 shares, comprising the below-mentioned categories.
| Offer Category | Shares Offer | Amount (Crore) |
| Fresh Issue | 50,40,000 | Rs.29.23 |
| Offer for Sale (OFS) | – | – |
#7. Aprameya Engineering Financials Overview (Lakhs)
The following table sets forth the summary of financial information of the company for the period March 31, 2024, March 31, 2023 and March 31, 2022.
| Category (Rs.) | March 2024 | March 2023 | March 2022 |
| Total Revenue | 6516.23 | 7811.91 | 19999.46 |
| Net Worth | 2336.76 | 1992.49 | 1452.94 |
| Profit | 345.67 | 536.92 | 1661.91 |
| Total Borrowings | 4204.83 | 2873.95 | 1368.28 |
#8. Aprameya Engineering Quantitative Factors
The following table sets forth the summary of financial information of the company for the period March 31, 2024, March 31, 2023 and March 31, 2022.
| Category | March 2024 | March 2023 | March 2022 |
| EPS (Rs.) | 2.47 | 3.84 | 11.87 |
| RoNW (%) | 14.79 | 26.95 | 114.38 |
| NAV (Rs.) | 16.69 | 14.23 | 10.38 |
#9. Aprameya Engineering Comparison with Other Peer Companies (Top 2)
No Listed companies in India are comparable in all aspects of the business.
| Company Names | Total Revenue
(Rs. in Lakhs) |
RoNW (%) | NAV |
| – | – | – | – |
| – | – | – | – |
#10. Aprameya Engineering Company Promoters
The company has four promoters as per the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP).
| Sr. No. | Name of Promoters |
| 01. | Saurabh Kishorbhai Bhatt |
| 02. | Chetan Mohan Joshi |
| 03. | Pooja Saurabh Bhatt |
| 04. | Archana Chetan Joshi |
#11. Aprameya Engineering Pre-offer and Post-Offer Promoters Shareholding
| Promoters Holding | Percentage (%) |
| Pre-issue | 100.00 |
| Post-issue | 73.53 |
#12. Aprameya Engineering IPO Reservation Details
Aprameya Engineering IPO total reservation shares are distributed between the below-mentioned categories.
| Category | Share Offered |
| QIB/others Shares Offered | 50% of the Net Offer |
| Retail Shares Offered | 50% of the Net Offer |
| NII Shares Offered | – |
#13. Aprameya Engineering IPO – Lot Size
An investor can apply for a minimum of 2000 Shares in multiple thereof. Market lot sizes for the retail individual investors and non-institutional investor (NII)/ HNI investors are as follows:
| Application | Lot Size | No. of Shares | Amount (Rs.) |
| Retail (Min.) | 1 | 2000 | 1,16,000 |
| Retail (Max.) | 1 | 2000 | 1,16,000 |
| HNI (Min.) | 2 | 4000 | 2,32,000 |
#14. Aprameya Engineering IPO – Prospectus Copy
An investor can download/view the Aprameya Engineering prospectus copy, which the company filed to exchange, details are as follows.
| Aprameya Engineering IPO Prospectus |
| Draft Red Herring Prospectus (DRHP) |
| Red Herring Prospectus (RHP) |
#15. Aprameya Engineering IPO Registrar
Link Intime India Private Limited
Website: www.linkintime.co.in
#16. Aprameya Engineering IPO Lead Managers
Hem Securities Limited
Website; www.hemsecurities.com
#17. Aprameya Engineering IPO Application (How to Apply for an IPO)
There are three primary options for applying for an Aprameya Engineering IPO, details are as follows:
Option-1 Apply for IPO through Internet Banking
Step-1. Log into your bank account.
Step-2. In the invest Tab, you will see ASBA, click on it.
Step-3. Choose to apply for IPO and select the ongoing IPO “Aprameya Engineering Limited”
Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
Step-5. After the above steps, the respective amount will get blocked until the allotment date, and after that, it will get a refund/debited in case of rejection/allotment respectively.
Option-2 Apply for IPO through a Broker firm
Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)
Step-2. Click on the IPO tab and select the ongoing IPO “Aprameya Engineering Limited”
Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your account or refunded if no allotment is made to you.
Option-3 Apply for IPO Offline Mode Bank mode
Step-1. Visit the nearest branch of your bank.
Step-2. Fill out the ASBA form and submit it with KYC details.
Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your bank account or refunded if no allotment is made to you.
#18. Aprameya Engineering Company Details
Aprameya Engineering Limited
Registered Office: 908, 9th Floor, Venus Atlantis Corporate Park, Anandnagar, Prahladnagar, Ahmedabad, Gujarat- 380015 India
Email: cs@aehealth.com
Website: www.aehealth.com
#19. Aprameya Engineering Subsidiary Companies (Top 2)
| Sr.No. | Name of Companies (Indian) |
| 01. | – |
| 02. | – |
#20. Aprameya Engineering Company Board (Top 2)
| Sr. No. | Name of Directors |
| 01. | Saurabh Kishorbhai Bhatt |
| 02. | Chetan Mohan Joshi |
Aprameya Engineering IPO – Frequently Asked Questions (FAQs)
| #1. What is an Aprameya Engineering IPO?
Aprameya Engineering brings its IPO of Rs.29.23 crore, on July 25, 2024, with a price band of Rs.56-58 per share. |
| #2. What is the Aprameya Engineering IPO Open date?
Aprameya Engineering IPO’s opening date is July 25, 2024. |
| #3. What is the Aprameya Engineering IPO Close Date?
Aprameya Engineering IPO’s closing date is July 29, 2024. |
| #4. What is the Aprameya Engineering IPO Listing date?
Aprameya Engineering’s IPO listing date is August 01, 2024. |
| #5. What is the Aprameya Engineering IPO Minimum investment amount?
Aprameya Engineering IPO’s minimum investment amount is Rs.1,16,000. |
| #6. What is the Aprameya Engineering IPO offer issue Size?
Aprameya Engineering offers an issue size of Rs.29.23 crore. |
| #7. What is the Aprameya Engineering IPO Price Band?
Aprameya Engineering’s IPO price band is Rs.56-58 per share. |
| #8. Is Aprameya Engineering IPO mainboard IPO or SME IPO?
Aprameya Engineering IPO is an SME IPO. |
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