Ahlada Engineers Ltd IPO bidding started on September 11, 2018 and ended on September 18, 2018.
Ahlada Engineers IPO price band is set at ₹147 to ₹150 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹150,000.
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Bidding Dates
September 11-18
Price Range
₹147 to ₹150 per share
Face Value
₹10 per share
GMP
NA
Ahlada Engineers Ltd IPO GMP
The Ahlada Engineers Ltd IPO GMP is ₹NA.
IPO Overview
Ahlada Engineers IPO is a book-built issue of Rs 51.08 crores. Ahlada Engineers IPO bidding started on September 11, 2018 and ended on September 18, 2018. The allotment for Ahlada Engineers IPO was finalized on Monday, September 24, 2018. The shares were listed on NSE SME on October 27, 2018.
Ahlada Engineers IPO price band is set at ₹147 to ₹150 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹150,000.
Ahlada Engineers Ltd IPO Details
| IPO Date | September 11, 2018 to September 18, 2018 |
| Listing Date | October 27, 2018 |
| Face Value | ₹10 per share |
| Price Band | ₹147 to ₹150 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 3,405,000 shares |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 171,000 shares |
Ahlada Engineers Ltd Company Financials
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 |
| Total Assets | 14,562.47 | 9,785.69 | 8,386.93 | 6,912.18 | 6,084.47 |
| Total Revenue | 12,789.38 | 11,855.26 | 11,147.19 | 9,630.66 | 7,913.50 |
| Profit After Tax | 809.01 | 327.29 | 305.98 | 258.61 | 264.85 |
Ahlada Engineers Ltd IPO Listing Details
| Listing Date | October 27, 2018 |
| BSE Script Code | |
| NSE Symbol | AHLADA |
| ISIN | INE00PV01013 |
| Final Issue Price | ₹150 per share |
Company Profile
Incorporated in 2005, Ahlada Engineers Ltd is Hyderabad based manufacturer of steel doors, windows, and clean room equipment. Company’s customer base includes the pharmaceutical, biotechnology, food, healthcare, entertainment and real estate industries.Ahlada Engineers has inked an agreement with Tata Steel to manufacture and supply steel doors (which is sold by Tata Steel Ltd under their brand name “PRAVESH”). The company manufactures and supplies steel doors and windows to other
industrial customers as well. Ahlada Engineers has 3 manufacturing facilities, an assembly unit and a stockyard located on the outskirts of Hyderabad city. The company has in-house research, design and quality teams.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | ipo@bigshareonline.com |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Ahlada Engineers Ltd |
| Phone number | +91 98 6650 0811 |
| Email ID | kodanda.cs@ahlada.com |
| Website | ahlada.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
