Introduction
Aprameya Engineering Limited IPO that has been active in the engineering sector was in news recently due to its IPO. When the company is entering the public market, it is exciting not only for investors and stakeholders in the company. Further, this article seeks to analyze Aprameya Engineering Limited IPO starting with the background of the IPO, its relevance, performance, outstanding features, and outlook. This all-encompassing appraisal shall endeavor to give a systematic view of what this IPO is in terms of opportunity for the investors and the general market.
Company Overview
About Aprameya Engineering Limited IPO
This Group Company namely APRAMEYA ENGINEERING LIMITED was started by two medical engineers Mr. Saurabh Bhatt and Mr. Chetan Joshi in the year 2003 as a health care equipment solutions provider involving many multinational and indigenous OEM partners or manufacturers. By Keeping this generous thought in mind, a venture called “APRAMEYA GROUP” was set before 2 Decades. They have evolved from a small company into a successful organization with an experience and expertise of over one decade serving the humanity with best available medical solutions to enhance patients’ quality of their care at very reasonable rates. Our task, which we must strive to accomplish every day, is the creation of relatively simple but useful products and medical solutions that can be personally used by an average, ordinary person. As a result, we have helped ourselves with the opportunity of purchasing many Indian, German, European, American and other Manufacturers around the world.
Tentative Details of Aprameya Engineering Limited IPO
Aprameya Engineering IPO opens on July 25, 2024, and closes on July 29, 2024.
IPO Open Date | Thursday, July 25, 2024 |
IPO Close Date | Monday, July 29, 2024 |
Basis of Allotment | Tuesday, July 30, 2024 |
Initiation of Refunds | Wednesday, July 31, 2024 |
Credit of Shares to Demat | Wednesday, July 31, 2024 |
Listing Date | Thursday, August 1, 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on July 29, 2024 |
Financial Details of Aprameya Engineering Limited IPO
Aprameya Engineering Limited IPO revenue decreased by -60.88% and profit after tax (PAT) dropped by -67.69% between the financial year ending with March 31, 2023 and March 31, 2022.
Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
Assets | 6,189.03 | 4,870.84 | 1,087.00 |
Revenue | 7,833.35 | 20,026.16 | 2,601.23 |
Profit After Tax | 536.92 | 1,661.91 | 102.04 |
Net Worth | 1,992.49 | 1,452.94 | 372.96 |
Reserves and Surplus | 592.49 | 752.94 | |
Total Borrowing | 2,873.95 | 1,368.28 | 148.27 |
Amount in ₹ Lakhs |
Promoter Holding of Aprameya Engineering Limited IPO
The promoters of the company are Saurabh Kishorbhai Bhatt and Chetan Mohan Joshi.
Share Holding Pre-Issue | 100.00% |
Share Holding Post Issue |
Key Milestones
Foundation and Early Growth: Aprameya Engineering Limited is owned by [founder’s name] and you and was setup with an aim of offering exquisite engineering solution. The first five years were characterized by development of a solid client base through strategic affiliations.
Expansion and Diversification: It is noted that to promote the growth of the company’s revenues, the firm has extended to [mention areas of expansion] to address larger market. This diversification strategy became successful and hence enhanced on the corporate revenues and market share.
Technological Advancements: The firm’s growth strategy has included adopting and implementing modern technology to increase production efficiency. The organization has implementing advanced technology in every aspect of the business to enhance the firm’s competitive powers in the engineering industry.
Awards and Recognitions: From its inception to date, Aprameya Engineering Limited has been rewarding through various forms of awards and recognitions for good engineering and tremendous innovation. These recognitions have therefore placed it in a very strategic place in the market The afore-mentioned have further placed it in a very strategic place in the market.
Conclusion
The IPO planned by this company, named as Aprameya Engineering Limited, is in turn a major step in it’s the growth phase of the firm and will provide a chance too many to be a part of something big in future. As a sum, due to its strong business model, well-thought-out strategic plans, and favorable outlook, the company is ready to take advantage of further developments in the engineering industry. But potential investors should always take these risks into account and always make necessary analysis for the investment.
These principles will become instrumental in Aprameya Engineering Limited’s future growth as the company enters the next phase of its development in a highly competitive field of engineering.
How to apply Aprameya Engineering Limited IPO?
STEPS to login in Zerodha Console
Step 1: Go-to the console page of zerodha. Then Click on log in to your account Enter this Zerodha user ID, password and PIN access your account.
Step 2: Go to the IPO Segment
Step 3: Visit the ‘Portfolio’: After login click on Portfolio tab, available at left side menu.
Step 4: IPO search Click on ‘IPO’ which is under the tab of Portfolio to view a list comprising all active IPOs.
Step 5: Click on the Aprameya Engineering Limited IPO
Search the IPO: You can filter by Aprameya Engineering Limited IPO and search from a list of available public offerings.
Finally, click on ‘Apply’: Upon finding Aprameya Engineering Limited IPO you just need to select Apply (along with Submit after entering the input details).
Step 6: Type your Application Details
In the application form, you have to enter your UPI ID: Enter Your UPI Id Once added the UPI ID, it can link to a bank account which have enough balance for applying.
Bid Quantity: Qty Enter Number of shares Qty up to Bid Price, Integer only Click on the option ‘Cut-off’ to apply at cut-off price.
Check your field details: Review All the accurate information entered
Step 7: Apply for the position
Submission: After filling all these opportunities click on the submit button as shown below.
UPI Mandate: There you will get a UPI mandate request in your UPI app. Open the app and confirm the mandate to withhold funds for IPO application
Step 8: Trust the Process
Verify the status: After you have accepted a UPI mandate, your IPO application will be submitted successfully Processed Petition available in the IPO tab under Order Book.