The Ameenji Rubber IPO was subscribed overall 2.21 times on the last day, while the retail quota was subscribed 1.08 times, the QIB quota was subscribed 3.79 times, and the NII quota was subscribed 2.74 times, respectively.
Ameenji Rubber IPO Details
Ameenji Rubber has received approval from SEBI for its IPO of ₹30.00 crores, comprising a fresh issue of ₹30.00 crores with a face value of ₹10 each. It has a set price band of ₹95 to ₹100 per share.
Ameenji Rubber Funds Utilisations
A portion of IPO money would be used for Funding of Capital Expenditure towards Modernization of Existing Machinery and Procurement of New Machinery for the new product Line-Conveyor Belting Unit.
A portion of IPO money would be Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company.
A portion of IPO money is used for the General Corporate Purpose.
Ameenji Rubber IPO Shares Distributions
Moreover, the retail category had 2,400 shares in a 2-lot size with a minimum application and a maximum category.
S-HNI got 3,600 shares in 3 lot sizes for the minimum category. S-HNI got 9600 shares in 8 lot sizes. B-HNI Minimum 10,800 shares in 9 lot sizes.
To participate in this IPO, each investor group has a tailored investment range.
- Retail Minimum Application:- ₹2,40,000.
- Retail Maximum Application:-₹3,60,000.
- S-Hni Minimum Application:- ₹9,60,000.
- B-HNI minimum application: ₹10,80,000.
Ameenji Rubber IPO Subscription Duration
IPO Started on September 26, 2025, and closed on September 30, 2025. The allotment was on October 1, 2025, and non-allottees got a refund on October 3, 2025. Ameenji Rubber IPO listing is today, October 6, 2025.
About Ameenji Rubber IPO
Ameenji Rubber was founded in 2006, and it started in manufacturing, supplying, and exporting rubber solutions for railways, infrastructure, and commercial applications. Moreover, the company’s varied products include Elastomeric Bridge Bearings, POT-PTFE Bearings, Expansion Joints (Infrastructure), Rubber Sole Plates, Railway Vestibules, Crossing Pads (Railways), Moulded and long length Rubber Sheets, Gym Mats, Cow Mats, and other rubber products.
The company serves customers both in India and around the world. In India, they work with direct customers, traders, and stockists. For international markets, they partner with authorized distributors, traders, and marketing agents. The company has skilled and experienced promoters who have made a major contribution to the company’s growth.
