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Amtech Esters Ltd.

SMEBSE
ListedListed on 17 Sept 2026+33.3%

₹71–75

₹ 13 Cr

3200 Shares

₹ 2,27,200

₹10

Financial Summary

Consolidated(in ₹ million)
ParticularsFY 2025-26FY 2024-25
4,067.123,688.69
8.217.88
4,075.333,696.57
3,317.693,037.72
574.76515.68
428.37379.41

Subscription Details

23.97xTotal
Subscription
28.93x
24.17x
15.07x
0.00x

IPO Timeline

IPO Offer Start

9 Sept 2026

IPO Offer Ends

11 Sept 2026

17 Sept 2026

Use of Proceeds

#PurposeAmount (₹ Million)
1Investment in our wholly owned subsidiary, namely Croda Pigments Private Limited, by way of debt88.142
2Repayment or prepayment, in full or in part, of certain borrowings availed by our Company39.774
3Funding inorganic growth through unidentified acquisitions and general corporate28.84

Promoters

Ajit Singh BawaMeenakshi SharmaGurpreet Kaur Bawa

Book Running Lead Managers

Credora Partners Pvt Ltd

Promoter Shareholding

Pre-IPO

82.12%

Promoter stake

Post-IPO

65.72%

Promoter stake

Offered to Public

23,84,000

shares

Post Share Capital

26,46,264

shares

IPO Registrar

Maashitla Securities Pvt Ltd.

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) Investment in our wholly owned subsidiary, namely Croda Pigments Private Limited, by way of debt.a) Towards capital expenditure requirements of the wholly owned subsidiary.b) To meet the incremental working capital requirements of the wholly owned subsidiary.2) Repayment or prepayment, in full or in part, of certain borrowings availed by our Company.3) Funding inorganic growth through unidentified acquisitions and general corporate purposes.

IPO FAQs

The Amtech Esters Ltd. IPO has a total of ₹13 crore, calculated at the upper end of the .

The Amtech Esters Ltd. IPO is priced at ₹71–75 per share. bids must fall within this , against a of ₹10 per share.

The for the Amtech Esters Ltd. IPO is 3,200 shares, which is also the minimum order quantity — you have to apply for at least 3,200 shares, and in multiples of 3,200 beyond that.

The minimum investment in the Amtech Esters Ltd. IPO is about ₹2,27,200 — one lot of 3,200 shares, calculated at the lower end of the .

Bidding at the cut-off or upper price raises the amount blocked in your account.

The Amtech Esters Ltd. opens on 9 Sept 2026 and closes on 11 Sept 2026.

Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.

Amtech Esters Ltd. shares were listed on 17 Sept 2026 on BSE.

Maashitla Securities Pvt Ltd. is the for the Amtech Esters Ltd. IPO.

The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.

Amtech Esters Ltd. IPO shares are listed on BSE.

Each Amtech Esters Ltd. share has a of ₹10.

Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.

held 82.12% of Amtech Esters Ltd. before the IPO, which falls to 65.72% after the issue.

23,84,000 shares of Amtech Esters Ltd. are being offered to the public in this issue.

The Amtech Esters Ltd. IPO has been subscribed 23.97x overall — 15.07x, 24.17x and 28.93x.

figures update through the issue period until it closes.

1) Investment in our wholly owned subsidiary, namely Croda Pigments Private Limited, by way of debt.a) Towards capital expenditure requirements of the wholly owned subsidiary.b) To meet the incremental working capital requirements of the wholly owned subsidiary.2) Repayment or prepayment, in full or in part, of certain borrowings availed by our Company.3) Funding inorganic growth through unidentified acquisitions and general corporate purposes.

Credora Partners Pvt Ltd is the book running lead manager for the Amtech Esters Ltd. IPO.

Pre-apply means placing your Amtech Esters Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.

Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.

You can apply in the Amtech Esters Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.

Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.

Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.

You can check the Amtech Esters Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.