Amtech Esters IPO Listing Details
| Listing Date | 17th September, 2026 |
| BSE Code | 544920 |
| ISIN Code | INE0RMA01019 |
| Offer Price | ₹71 to ₹75 |
| Face Value | ₹10 |
| Listing Price | ₹100 |
Amtech Esters IPO Details
Amtech Esters received SEBI approval for its ₹17.88 crore IPO that comprises a fresh issue of ₹17.88 crore with a face value of ₹10 each.
Amtech Esters IPO price band is ₹71 to ₹75 per share.
Amtech Esters IPO Shares Distributions
- Moreover, the retail category had 3200 shares in a 2-lot size in the minimum and maximum application.
- S-HNI Minimum had 4800 shares in 3 lot sizes.
- S-HNI Maximum had 12,800 shares in 8 lot sizes
- B-HNI Minimum had 14,400 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: ₹2,40,000.
- S-HNI Minimum Application: ₹3,60,000.
- S-HNI Maximum Application: ₹9,60,000
- B-HNI Minimum Application: ₹10,80,000
Amtech Esters IPO Subscription Duration
The opening date of the Amtech Esters IPO subscription was September 9, 2026, and the closing date was September 11, 2026. The Amtech Esters IPO allotment was finalised on September 15, 2026, and the IPO listing is on September 17, 2026.
Amtech Esters IPO Funds Utilisations
- The proceeds of some funds will be used towards Investment in the subsidiary, namely Croda Pigments Private Limited, by way of debt:1.Towards capital expenditure requirements of the subsidiary;2.To meet the incremental working capital requirements of the subsidiary.
- A portion of the funds will go towards repayment/prepayment of existing borrowings taken by the firm.
- General Corporate Purpose
About Amtech Esters IPO
Founded in May 2002, Amtech Esters is one of the growing chemical manufacturing companies that manufactures Unsaturated Polyester Resins (UPRs). This chemical is used to make materials such as resin and fiberglass-reinforced plastic (FRP) products.
The company’s product portfolio includes Unsaturated Polyester Resins, fibreglass, hardeners, silicones and other ancillary products used in various industrial applications. Its manufacturing facilities are situated in Bahadurgarh, Jhajjar, Haryana, which comprise modern and automated plant and machinery. Amtech Esters also operates its business through its wholly owned subsidiary, Croda Pigments Private Limited (CPPL), which is involved in the manufacture of pigments used as colourants and additives in paints, varnishes, dyes, glues, gums and other chemical applications.
