Beta
MARKET CLOSED
IPO
Amtech Esters IPO
smeupcomingRegistrar: Maashitla Securities Pvt.Ltd. · Listing 2026-09-17
IPO Timeline
Today · 06 Sept 2026
Today
06 Sept 2026
Opens
09 Sept 2026
Closes
11 Sept 2026
Allotment
13 Sept 2026
Refund
14 Sept 2026
Demat
15 Sept 2026
Listing
17 Sept 2026
Price Band
₹71–75
GMP
₹0
0%
Lot Size
1600 Shares
Min ₹120,000
Subscription
0x
Issue Size
₹18 Cr
Open
2026-09-09
Close
2026-09-11
Listing
2026-09-17
About the company
GMP trend (Grey Market Premium by date)
Today₹0 (0%)
High₹5
Low₹0
Est. Listing₹75
| Date | GMP (₹) | Est. Listing | Change |
|---|---|---|---|
| 11 Sep | ₹0 | ₹75 | 0 |
| 10 Sep | ₹0 | ₹75 | 0 |
| 09 Sep | ₹0 | ₹75 | 0 |
| 08 Sep | ₹0 | ₹75 | -1 |
| 07 Sep | ₹1 | ₹76 | -1 |
| 06 Sep | ₹2 | ₹77 | +2 |
| 05 Sep | ₹0 | ₹75 | 0 |
| 04 Sep | ₹0 | ₹75 | 0 |
Strengths
- Diversified product portfolio across resins, pigments, fiberglass and silicones
- Wide customer base across multiple industrial sectors
- Experienced promoters and management team
- Strong quality-control and R&D capabilities
- ISO 9001:2015 certified operations
- Synergy with its subsidiary, Croda Pigments Private Limited
- Modern manufacturing facilities and established production capabilities
Risks
- Significant dependence on unsaturated polyester resins
- Majority of revenue comes from the manufacturing business
- Business is manpower intensive
- Significant customer receivables could put pressure on cash flows
- Dependence on industrial demand can affect business performance
- Past instances of regulatory and secretarial non-compliances/discrepancies
- Proposed inorganic acquisitions are not yet specifically identified
Financial performance (₹ Cr)
IPO Roadmap / Timeline
Current Status · as of 06 Sept 2026
Pre-Open
Opens on 09 Sept 2026
IPO Opens
Upcoming09 Sept 2026Bidding starts for all investor categories
IPO Closes
Upcoming11 Sept 2026Last day to place your bid
Basis of Allotment
Upcoming13 Sept 2026Share allotment finalised
Refund Initiation
Upcoming14 Sept 2026Refunds credited for non-allottees
Credit to Demat
Upcoming15 Sept 2026Allotted shares credited to demat account
Listing on Exchange
Upcoming17 Sept 2026Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
Lot Size
1600 shares
Price / Share (upper)
₹75
Min Investment (1 lot)
₹120,000
Price Band
₹71–75
Retail / Individual
1 lot only
Min lots
1
Min shares
1600
Min amount
₹120,000
Max amount
₹120,000
HNI
Min 2 lots
Min lots
2
Min shares
3200
Min amount
₹240,000
Max amount
₹240,000
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 1600 | ₹120,000 | 1 | ₹120,000 | 1 lot only |
| HNI | 2 | 3200 | ₹240,000 | 2 | ₹240,000 | Min 2 lots |
Shares reserved per category & allotment probability
QIB
100% allotment
Reservation
50%
Amount
₹9 Cr
Shares offered
1,232,877
Shares bid
0
Subscribed
0.00x
NII
100% allotment
Reservation
15%
Amount
₹2.7 Cr
Shares offered
369,863
Shares bid
0
Subscribed
0.00x
Retail
100% allotment
Reservation
35%
Amount
₹6.3 Cr
Shares offered
863,014
Shares bid
0
Subscribed
0.00x
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 1,232,877 | 9 | 0 | 0.00x | 100% |
| NII | 15% | 369,863 | 2.7 | 0 | 0.00x | 100% |
| Retail | 35% | 863,014 | 6.3 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).