A

Amtech Esters Ltd.

SME
unknown

Price Range

TBA

Issue Size

TBA

Lot Size

1 Shares

Min. Investment

TBA

Financial Summary

(in crores)
ParticularsFY 2024-25FY 2023-24
Operating Revenue3,688.692,460.37
Other Income7.88263.58
Total Income3,696.572,723.95
Total Expenses3,037.722,293.31
Profit Before Tax515.68342.59
Total Profit379.41288.9

Subscription Details

Subscription data not yet available

IPO Timeline

IPO Offer Start

TBA

IPO Offer Ends

TBA

Listing Date

TBA

Use of Proceeds

#PurposeAmount (₹ Cr)
1Repayment or prepayment, in full or in part, of certain borrowings availed by our 41.973

Promoters

Gurpreet Kaur Bawa

Promoter Shareholding

Pre-IPO

82.12%

Promoter stake

Post-IPO

65.72%

Promoter stake

Offered to Public

23,85,000

shares

Post Share Capital

26,46,264

shares

About the Company

Our Company is engaged in the business of manufacturing Unsaturated Polyester Resins and trading in Fiberglass, Hardners & Ancillaries and Silicon. Resins are viscous, liquid polymers derived from either organic or synthetic sources. Their primary advantage lies in their ability to transform from a liquid state into a customizable solid and homogeneous structure. Our Company has its manufacturing unit at 2012 MIE, Bahadurgarh, Jhajjar, Haryana-124507. The manufacturing unit has installed capacity of production of 2960 MTPA of Resins as on March 31, 2024 and of 740 MT Resins as on June 30, 2024.

Use of Proceeds

1) For Setting up of New Unit at Asoda, for manufacture of Resins;2) To meet the working capital requirement of Company;3) Investment in our wholly owned subsidiary, Croda Pigments (P) Limited for capital expenditure and working capital requirements; and4) General corporate purposes.