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Amtech Esters Ltd

Amtech Esters Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹75
₹75
GMP (Grey Market)
+₹7
+9.33%
Est. Listing Price
₹82
Based on GMP
Min. Investment
₹120,000
1 lot × 1600 shares
Subscribed
18.57x
Over-subscribed
IPO Details
Open Date
09 Sep 2026
Close Date
11 Sep 2026
Allotment
15 Sep 2026
Listing Date
17 Sep 2026
Exchange
BSE SME
Price Band
₹75
Listing Price
See chart
Allotment Status
Price Band
₹75
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
23,84,000 shares (agg. up to ₹[.] Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹120,000
1 lot
Pre-IPO Holding
64,45,168 shares
Promoters
Post-IPO Holding
88,29,168 shares
Promoters
EPS (Pre)
₹6.55
 
EPS (Post)
₹4.78
 
UPI Deadline
5:00 PM on 11 Sep 2026
Mandate
GMP
+₹7
+9.33% est.
Anchor AllotmentTue, 08 Sep 2026
Basis of AllotmentTue, 15 Sep 2026
Refund InitiationWed, 16 Sep 2026
Demat CreditWed, 16 Sep 2026
Listing DayThu, 17 Sep 2026
UPI Mandate Deadline5:00 PM on 11 Sep 2026
Sale TypeFresh capital only
Net Offer to Public22,64,000 shares (agg. up to ₹[.] Cr)
Market Maker Quota1,20,000 shares (agg. up to ₹[.] Cr)
Fresh Issue Shares22,64,000 shares (agg. up to ₹[.] Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Amtech Esters Ltd IPO subscribed 18.57 times overall. Retail: 28.79x. QIB: 7.21x. NII: 32.45x. By 11 Sep 2026.
QIB
7.21x
Over
NII/HNI
32.45x
Over
Retail
28.79x
Over
Total
18.57x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
120,000
— ₹0.90
QIB
Over 7.21x
1,129,600
— ₹8.47
NII / HNI
Over 32.45x
340,800
— ₹2.56
Retail
Over 28.79x
793,600
— ₹5.95
Total 18.57x
2,264,000
100% ₹16.98
IPO Shares Offered
Amtech Esters Ltd IPO total issue size: ₹16.98 Cr. Retail: ₹5.95 Cr. QIB: ₹8.47 Cr. NII: ₹2.56 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 1,129,600 ₹8.47
49.89%
Market Maker 120,000 ₹0.90
5.30%
NII 340,800 ₹2.56
15.05%
Retail 793,600 ₹5.95
35.05%
Total 2,264,000 ₹16.98
100.00%
* Based on upper price band ₹75 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) — — — — — 340,800 793,600 1,134,400
Allotment price (₹) 75 75 75 75 75 75 75 75
No. of applications — — — — — — — —
No. of shares applied — — — — — — — —
Amount collected (₹Cr) — — — — — — ₹5.95 ₹5.95
Times subscribed 7.21x — — — — 32.45x 28.79x 18.57x
Shares allotted — — — — — 340,800 793,600 1,134,400
No. of allottees — — — — — — — —
* Upper price band ₹75 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹75.00
Upper Band
Min Investment
₹120,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹240,000
Retail (Max — 13 Lots)1320,800₹1,560,000
S-HNI (Min — 14 Lots)1422,400₹1,680,000
B-HNI (Min — 68 Lots)68108,800₹8,160,000
* Issue Price ₹75 × Lot Size 1,600 shares
IPO Schedule
Anchor
08 Sep 2026
✓ Done
IPO Open
09 Sep 2026
✓ Done
IPO Close
11 Sep 2026
✓ Done
Allotment
15 Sep 2026
✓ Done
Refunds
16 Sep 2026
✓ Done
Demat Credit
16 Sep 2026
✓ Done
Listing Day
17 Sep 2026
✓ Done
Amtech Esters Ltd — Live Price LIVE
₹75.00
INR · BSE
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Issue ₹75.00 GMP: +₹7 Live Price
About Amtech Esters Ltd
Incorporated in May 2002, Amtech Esters Limited is a B2B chemical manufacturing company engaged in the manufacturing of Unsaturated Polyester Resins (UPRs) and the trading of complementary products used across the resin and FRP value chain. The Company was originally incorporated as Amtech Esters Private Limited and was subsequently converted into a public limited company in December 2023.The Company's product portfolio includes Unsaturated Polyester Resins, fibreglass, hardeners, silicones and other ancillary products used in various industrial applications. By offering complementary products alongside its manufactured UPRs, the Company provides customers with an integrated sourcing solution catering to requirements ranging from base resins and reinforcement to curing, finishing and application-specific consumables.The Company also operates through its wholly owned subsidiary, Croda Pigments Private Limited (CPPL), which is engaged in the manufacturing of pigments used as colourants and additives in paints, varnishes, dyes, glues, gums and other chemical applications. The subsidiary complements and expands the Company's overall product portfolio and operations.Amtech Esters has established Research & Development and Quality Control departments to support product development, process improvement and quality consistency. The Company holds ISO 9001:2015 certification, reflecting its focus on maintaining standardized quality control processes.The Company operates manufacturing facilities at Bahadurgarh, Jhajjar, Haryana, equipped with modern and automated plant and machinery.As of March 31, 2026, the Company had 60 employees across production, sales and marketing, quality control, packaging and dispatch, finance, legal, human resources and management functions.Competitive StrengthsISO 9001:2015 certified manufacturing processes.Diversified product portfolio catering to a broad customer base.Integrated sourcing solutions across the resin and FRP value chain.Strong quality assurance supported by R&D and quality control capabilities.Modern manufacturing facilities equipped with automated plant and machinery.Synergistic operations with its wholly owned subsidiary, Croda Pigments Private Limited.Experienced Promoter and senior management supported by a knowledgeable sales team.
Objects of the Issue
1
Investment in the subsidiary, namely Croda Pigments Private Limited, by way of debt:1.Towards capital expenditure requirements of the subsidiary;2.To meet the incremental working capital requirements of the subsidiary
2
Repayment or prepayment, in full or in part, of certain borrowings availed by the Company
3
Funding inorganic growth through unidentified acquisitions and general corporate purposes
Amtech Esters Ltd Financials (Amount in ₹ Crores)
Revenue from Operations
₹27.2
31 Mar 2024
₹37.0
31 Mar 2025
₹25.8
30 Nov 2025
Profit After Tax (PAT)
₹2.8
31 Mar 2024
₹3.7
31 Mar 2025
₹2.4
30 Nov 2025
Particulars30 Nov 202531 Mar 202531 Mar 2024
Revenue from Operations 25.75 36.97 27.24
EBITDA 4.66 6.50 1.65
Profit After Tax (PAT) 2.44 3.72 2.84
Net Worth 17.80 15.36 11.64
Total Assets 33.70 27.86 24.79
Reserves & Surplus 14.58 12.14 8.41
Borrowings 3.64 3.99 4.49
EBITDA Margin (%) 18.41 — —
PAT Margin (%) 10.28 — —
RoE
24.17
RoCE
30.16
RoNW
24.17
PAT Margin
10.28
EBITDA Margin
18.41
Debt/Equity
0.17
Issue Structure & Shareholding
Total Shares Offered23,84,000
Net Offer to Public22,64,000 shares (agg. up to ₹[.] Cr)
Reserved for Market Maker1,20,000 shares (agg. up to ₹[.] Cr)
Pre-Issue Promoter Holding64,45,168 shares
Post-Issue Promoter Holding88,29,168 shares
P/BV RatioN/A
RoE24.17
RoCE30.16
Debt / Equity0.17
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Credora Partners Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Amtech Esters Ltd IPO subscribed? ▲

Amtech Esters Ltd IPO is subscribed 18.57 times by Sep 11, 2026. Retail: 28.79x. QIB: 7.21x. NII: 32.45x.

Investor CategorySubscription
Qualified Institutional (QIB)7.21x
Non Institutional (NII/HNI)32.45x
Retail Individual28.79x
Total Subscription18.57x
What is Amtech Esters Ltd IPO retail subscription status? ▼

The Amtech Esters Ltd IPO retail category is subscribed 28.79 times as of 11 Sep 2026. The retail portion is oversubscribed.

How to subscribe Amtech Esters Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 09 Sep 2026 and closes 11 Sep 2026. Min investment: ₹120,000 (1 lot = 1,600 shares). UPI mandate: 5:00 PM on 11 Sep 2026.

How many times Amtech Esters Ltd IPO subscribed? ▼

The Amtech Esters Ltd IPO subscribed 18.57x overall. QIB: 7.21x, NII: 32.45x, Retail: 28.79x. Applications: from NSE/BSE.

How to check Amtech Esters Ltd IPO allotment? ▼

Check allotment on the registrar website (Maashitla Securities Pvt.Ltd) at https://maashitla.com/allotment-status/public-issues. Enter your PAN, application number or DP/Client ID. Allotment date: 15 Sep 2026. Refunds: on 16 Sep 2026.

When Amtech Esters Ltd IPO will be listed? ▼

The Amtech Esters Ltd IPO listing date is 17 Sep 2026, Thursday. Listed on: BSE SME. Issue price: ₹75. Estimated listing: ₹82. GMP: +₹7.

When Amtech Esters Ltd IPO close? ▼

The Amtech Esters Ltd IPO closes on 11 Sep 2026, Friday. UPI mandate: 5:00 PM on 11 Sep 2026. Allotment: 15 Sep 2026. Listing: 17 Sep 2026.