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Home › IPOs › Ahlada Engineers Ltd.
AH
Ahlada Engineers Ltd.
CLOSED NSE SME Bookbuilding IPO Fresh Capital Ahlada Engineers IPO GMP
GREY MARKET PREMIUM
₹ 0
No premium data
EST. LISTING PRICE
₹150
Issue Price: ₹ 150
Issue Price
₹150
Face Value
₹10
Lot Size
1,000 shares
Open Date
11 Sep 2018
Close Date
18 Sep 2018
Allotment
24 Sep 2018
Listing Date
27 Oct 2018
Exchange
NSE SME
Ahlada Engineers IPO About the Company

Incorporated in 2005, Ahlada Engineers Ltd is Hyderabad based manufacturer of steel doors, windows, and clean room equipment. The 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.

Competitive Strengths

1. ISO 9001:2015 (Quality Management system), ISO 14001:2015 (Environmental Management system) and OHSAS 18001:2007 (Occupational Health and Safety Management system) certifications from TÜV SÜD Management Service GmbH.

2. Tata Steel Limited has ensured an assured offtake of its products i.e. steel doors.

3. Receive quality & process improvements from Tata Steel as per agreement with them. This helps the company to improve processes and quality of the products.

4. The company maintains an integrated manufacturing facility with independent storage facility spread across an area of 34,211 square yards.

...read more
Ahlada Engineers IPO Objects of the Issue
Purpose Amount (₹ Cr)
1 Repayment of certain loans availed from lenders, Directors including our Promoter ₹7
2 Purchase of Machinery/Equipment ₹17
3 Funding of Working Capital Gap ₹17
4 General Corporate Purposes ₹5
Ahlada Engineers IPO Lead Managers
Saffron Capital Advisors Pvt.Ltd.
Financial Summary Amount in Lakhs
Metric 31-Mar-18 31-Mar-17 31-Mar-16
Total Assets 14,562 9,786 8,387
Revenue 12,789 11,855 11,147
PAT 809 327 306
Issue Details
Total Shares Offered
3,405,000 (100%)
Reserved for Market Maker
Up to ₹3 Cr
Net Offer to Public
Up to ₹49 Cr
Pre-Issue Shareholding
9,516,000 shares
Post-Issue Shareholding
12,921,000 shares
UPI Mandate
18 Sep 2018
IPO Analytics Dashboard
LIVE
Ahlada Engineers IPO GMP Insights
👤
Retail Demand
Good
💼
HNI Interest
Strong
🏦
QIB Demand
Strong
📊
Valuation
Moderate
Ahlada Engineers IPO GMP Strength Score
8 / 10 Good
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Ahlada Engineers IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
🏦 QIB — 1,294,000 (38%) —
💼 NII / HNI — 808,000 (24%) —
👤 Retail (RII) — 1,132,000 (33%) —
📊 Market Maker — 171,000 (5%) —
Σ Total — 3,405,000 (100%) —

* Amount calculated at upper price band (₹150) ·  ** Total includes all investor categories

Subscription Overview Share allocation by investor category
🏦
QIB ? 1,294,000 (38%)
38%
💼
NII / HNI ? 808,000 (24%)
24%
👤
Retail (RII) ? 1,132,000 (33%)
33%
📊
Market Maker ? 171,000 (5%)
5%
Total Shares Offered 3,405,000 (100%)
Ahlada Engineers IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 1
Shares / Lot 1,000
Min. Investment ₹150,000
💼 HNI Investors ?
Min. Lots 2
Min. Shares 2,000
Min. Investment ₹300,000
Ahlada Engineers IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 25 Sep 2018
  2. 2 📂 Credit of Shares to Demat 25 Sep 2018
Investor Interpretation
  • Retail allocation is good at 33% of the total offering.
  • HNI/NII demand is strong at 24%.
  • Institutional (QIB) interest is strong at 38%.

This IPO shows moderate investor interest. Review financial details and compare valuation with industry peers before investing.

STOCK PRICE HISTORY  ·  NSE
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Issue Price: ₹ 150  ·  Symbol: —
H —
L —
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Ahlada Engineers IPO Company Info
📍 Door No 4-56, Survey No. 62/1/A & 67, Tech Mahindra Road, Bahadurpally Qutbullapur Mand, Rangareddi Hyderabad, Telangana, 500043
Visit Website
Ahlada Engineers IPO Registrar
Bigshare Services Pvt.Ltd.
Check Allotment Status
Ahlada Engineers IPO FAQs
Ahlada Engineers IPO has already listed. Its last recorded GMP was ₹0. GMP is only indicative and never a guarantee of listing gains.
The issue price of Ahlada Engineers IPO is ₹150 per share. One lot has 1,000 shares, so the minimum investment is about ₹150,000. It is a Fresh Capital issue.
Ahlada Engineers IPO opened on 11 Sep 2018 and closed on 18 Sep 2018. Allotment is tentatively finalised on 24 Sep 2018. Shares are listed on NSE SME on 27 Oct 2018.
Incorporated in 2005, Ahlada Engineers Ltd is Hyderabad based manufacturer of steel doors, windows, and clean room equipment. The company's customer base includes the pharmaceutical, biotechnology, food, healthcare, entertainment and real estate industries.
As per the offer document, Ahlada Engineers plans to use the IPO proceeds for: 1 Repayment of certain loans availed from lenders, Directors including our Promoter (₹7); 2 Purchase of Machinery/Equipment (₹17); 3 Funding of Working Capital Gap (₹17); 4 General Corporate Purposes (₹5).
The lead manager of Ahlada Engineers IPO is Saffron Capital Advisors Pvt.Ltd..
Ahlada Engineers IPO is proposed to list on NSE SME; it is a Bookbuilding IPO and the issue is a Fresh Capital.
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