Aprameya Engineering IPO Details: The Aprameya Engineering IPO is scheduled to open on July 25 and close on July 29. This IPO, listed on the NSE SME platform, aims to raise ₹29.23 crores, with a price band set between ₹56 and ₹58 per share and a market lot of 2,000 shares.
Founded on September 5, 2003, as a partnership firm, Aprameya Engineering has evolved to provide cost-effective healthcare solutions that enhance accessibility. The company specializes in distributing high-value medical equipment, representing renowned manufacturers such as Johnson & Johnson Private Limited and Stryker India Private Limited. With over 15 years of expertise in delivering affordable medical devices for patient care, Aprameya Engineering expanded its operations in 2020 to offer comprehensive healthcare infrastructure solutions. These solutions include the turnkey setup of ICUs, NICUs, PICUs, operating theaters, and prefabricated ward structures.
Their product and service portfolio is categorized into two main areas: the establishment of healthcare infrastructure within hospitals and medical centers, and the distribution of high-value medical equipment. They supply a range of medical devices to hospitals, medical professionals, and diagnostic service providers, including patient monitoring systems, cardiology devices, respiratory management systems, and radiology/imaging systems. Aprameya Engineering is dedicated to maintaining strong customer relationships by ensuring the timely delivery of medical equipment at competitive prices. This commitment has enabled them to build a diverse customer base comprising doctors, medical practitioners, private and government hospitals, medical colleges, including AIIMS (All India Institute of Medical Sciences), and diagnostic service providers nationwide.
Since venturing into the business of setting up ICUs and operating theaters in 2020, Aprameya Engineering has successfully installed approximately 2,000 critical care beds, including ICUs, NICUs, PICUs, and modular operating theaters, throughout Rajasthan. These healthcare infrastructure projects have been executed for various government hospitals, including Dr. S N Medical College in Jodhpur, Government Medical College in Kota, RMSCL in Jaipur, RNT Medical College in Udaipur, and SMS Medical College in Jaipur.
Aprameya Engineering IPO Objectives:
The company intend to utilize the proceeds of the Issue to meet the following objects:-
- To meet incremental working capital requirements (including augmentation on Long Term Working Capital)
- General corporate purpose
Aprameya Engineering IPO Review (Apply or Not)
- Update Soon
Aprameya Engineering IPO Date & Price Band Details:
| IPO Open: | July 25, 2024 |
| IPO Close: | July 29, 2024 |
| IPO Size: | Approx ₹29.23 Crores, 5,040,000 Equity Shares |
| Fresh Issue: | Approx ₹29.23 Crores, 5,040,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹56 to ₹58 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Aprameya Engineering IPO Lot Size:
The minimum market lot for the Aprameya Engineering IPO is 2,000 shares, requiring an application amount of ₹116,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹116,000 |
| Retail Maximum | 1 | 2000 | ₹116,000 |
| S-HNI Minimum | 2 | 4000 | ₹232,000 |
Aprameya Engineering IPO Timeline:
The Aprameya Engineering IPO will open on July 25 and close on July 29. The allotment date is set for July 30, and the IPO is expected to list on August 1.
| IPO Open Date: | July 25, 2024 |
| IPO Close Date: | July 29, 2024 |
| Basis of Allotment: | July 30, 2024 |
| Refunds: | July 31, 2024 |
| Credit to Demat Account: | July 31, 2024 |
| IPO Listing Date: | August 1, 2024 |
Aprameya Engineering IPO GMP Today:
GMP for Aprameya Engineering SME IPO has not started yet. We are updating the GMP information on a daily basis. Please visit us again soon for the latest GMP updates.
Aprameya Engineering Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹26.01 | ₹24.46 | ₹1.02 |
| 2022 | ₹200.26 | ₹176.13 | ₹16.62 |
| 2023 | ₹78.33 | ₹70.85 | ₹5.37 |
Aprameya Engineering IPO Valuation – FY2023
Check Aprameya Engineering IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹3.84 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 26.95% |
| Net Asset Value (NAV): | ₹14.23 per Equity Share |
Peer Group
- NA
Company Promoters
- Saurabh Kishorbhai Bhatt
- Chetan Mohan Joshi
Aprameya Engineering IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: aprameya.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Aprameya Engineering IPO Allotment Status
Check Aprameya Engineering IPO allotment status on Link Intime website URL. Click Here
Aprameya Engineering IPO Lead Managers aka Merchant Bankers
- Hem Securities Limited
Company Address
Aprameya Engineering Limited
908, 9th Floor, Venus Atlantis Corporate Park
Anandnagar, Prahladnagar,
Ahmedabad-380015
Phone: + 079-40068827
Email: cs@aelhealth.com
Website: https://www.aelhealth.com/
Aprameya Engineering IPO FAQs
1. What are the opening and closing dates for the Aprameya Engineering IPO?
The Aprameya Engineering IPO will open on July 25 and close on July 29.
2. What is the price band for the Aprameya Engineering IPO?
The price band for the Aprameya Engineering IPO is set between ₹56 and ₹58 per share.
3. What is the minimum market lot size and application amount for the IPO?
The minimum market lot size is 2,000 shares, and the application amount is ₹116,000.
4. How much is Aprameya Engineering planning to raise through this IPO?
Aprameya Engineering aims to raise ₹29.23 crores through this IPO.
5. When will the allotment for the Aprameya Engineering IPO be finalized?
The IPO allotment is scheduled to be finalized on July 30.
6. On which date is the Aprameya Engineering IPO expected to be listed?
The IPO is expected to be listed on August 1.
7. On which platform will the Aprameya Engineering IPO be listed?
The Aprameya Engineering IPO will be listed on the NSE SME platform.
8. What is the primary business focus of Aprameya Engineering?
Aprameya Engineering focuses on providing healthcare solutions, including the sale of high-value medical equipment and the setup of healthcare infrastructure like ICUs and operating theaters.
9. Who are some of the major partners and clients of Aprameya Engineering?
Aprameya Engineering partners with major medical equipment manufacturers such as Johnson & Johnson Private Limited and Stryker India Private Limited. Their clients include doctors, medical practitioners, private and government hospitals, and diagnostic service providers across India, including AIIMS.
10. What are the future growth plans for Aprameya Engineering?
Aprameya Engineering plans to continue expanding its healthcare infrastructure solutions and medical equipment distribution, aiming to strengthen its market position and reach a broader customer base across the country.
