AMIC Forging Limited

About the company

## **About  AMIC Forging Limited** Incorporated in 2007,AMIC Forging Limited is a manufacturer in forging industry and is engaged in manufacturing of forged Components catering to various industries. They manufacture precision machined components as per customer specifications and International Standard catering to the requirements of various industry such as Heavy Engineering, Steel Industry, Oil & Gas, Petrochemicals, Chemicals, Refineries, Thermal Power, Nuclear Power, Hydro Power, Cement Industry, Sugar and other related industries. Some of their common running components are Rounds, Shafts, Blanks and complete finished engineering, spare parts e.g. Gear coupling, Hub, Round, Flange, other all kinds of engineering spares as per customer specifications. These products are mainly manufactured in carbon steel, alloy steel, stainless steel, Nickel and Tools Alloys. The company has a state-of-the-art forging facilities and machining capabilities to cater to the requirements of its domestic & international customers. By integrating several processes under one facility, the company is in position to minimise cost and lead time. The company has its well established design center with latest 3D software and highly trained technicians. They have earned their name in a short span of time because of committed delivery and premium quality product. To achieve international quality standards requirements, every process is linked with stage inspection. Material moved from one process to other process only after stage inspection clearance. Samples are also taken at every stage to test during manufacturing process. Every single product is being tested for its quality parameters defined in specification or as per customer requirements. AMIC Forging Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives 1. Setting up of Manufacturing facility 1. Working Capital Requirements  1. General Corporate Purposes. Here are key details about the AMIC Forging Limited IPO: Company Name| **AMIC Forging Limited Limited**|  | AMIC Forging Limited IPO Opening Date| **November 29, 2023** ---|---|---|---|--- Company Established On|**2007**AMIC Forging Limited IPO Price band|**₹121 to ₹126 per share** ### ###

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   29 Nov 2023

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   01 Dec 2023

   Last day to place your bid

3. Basis of Allotment

   Completed
   01 Dec 2023

   Share allotment finalised

4. Refund Initiation

   Completed
   06 Dec 2023

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   06 Dec 2023

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   06 Dec 2023

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.