Amtech Esters IPO Details
Amtech Esters IPO Market Lot
The Amtech Esters IPO minimum market lot is 3,200 shares with ā¹2,40,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 3,200 | ā¹2,40,000 |
| Retail Maximum | 2 | 3,200 | ā¹2,40,000 |
| S-HNI Minimum | 3 | 4,800 | ā¹3,60,000 |
| S-HNI Maximum | 8 | 12,800 | ā¹9,60,000 |
| B-HNI Minimum | 9 | 14,400 | ā¹10,80,000 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 6,76,800 Shares | 28.39% |
| QIB (Ex. Anchor) | 4,52,800 Shares | 18.99% |
| NII Shares Offered | 3,40,800 Shares | 14.30% |
| Retail Shares Offered | 7,93,600 Shares | 33.29% |
Amtech Esters IPO Anchor Investors
Amtech Esters IPO Dates
The Amtech Esters IPO date is September 9 and the close date is September 11. The Amtech Esters IPO allotment will be finalized on September 15 and the IPO listing on September 17.
| IPO Open Date: | September 9, 2026 |
| IPO Close Date: | September 11, 2026 |
| Basis of Allotment: | September 15, 2026 |
| Refunds: | September 16, 2026 |
| Credit to Demat Account: | September 16, 2026 |
| IPO Listing Date: | September 17, 2026 |
Promoters and Holding Pattern
The promoters of the company are Ajit Singh Bawa, Gurpreet Kaur Bawa and Meenakshi Sharma.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
| Promoter and Promoter Group | 40,18,776 | 62.35% | 40,18,776 | 45.52% |
| Others* | 24,26,392 | 37.65% | 48,10,392 | 54.48% |
| Total | 64,45,168 | 100% | 88,30,168 | 100% |
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
| 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 | ā¹8.81 |
| Repayment or prepayment, in full or in part, of certain borrowings availed by the Company | ā¹4.20 |
| Funding inorganic growth through unidentified acquisitions and general corporate purposes | ā¹- |
About Amtech Esters
Amtech Esters, founded in May 2002, is one of the leading chemical manufacturing firms that manufactures Unsaturated Polyester Resins (UPRs). This chemical is used to make materials such as resin and fiberglass-reinforced plastic (FRP) products. The companyās product portfolio includes Unsaturated Polyester Resins, fibreglass, hardeners, silicones and other ancillary products used in various industrial applications.
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. Its manufacturing facilities are situated in Bahadurgarh, Jhajjar, Haryana, which comprises modern and automated plant and machinery.
Company Financials
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ā¹27.24 | ā¹23.84 | ā¹2.84 | ā¹24.79 |
| 2025 | ā¹36.97 | ā¹31.81 | ā¹3.72 | ā¹27.86 |
| 2026 | ā¹40.75 | ā¹35.01 | ā¹4.22 | ā¹34.47 |
Company Valuation – FY2026
Check Amtech Esters IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 24.17% |
| ROCE: | 30.16% |
| EBITDA Margin: | 18.41% |
| PAT Margin: | 10.38% |
| Debt to equity ratio: | 0.17 |
| Earning Per Share (EPS): | ā¹6.55 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 24.17% |
| Net Asset Value (NAV): | ā¹30.38 |
Peer Group Comparison
- There are no listed peers operating in this industry.
IPO Lead Managers aka Merchant Bankers
- Credora Partners Pvt.Ltd.
Company Address
Amtech Esters Ltd.
Flat No. 102, Plot No. A ā 3,
Magnum House 1, Commercial Complex,
Karam Pura, West Delhi, New Delhi,
West Delhi, New Delhi, 110015
Phone: 011-49044111
Email: info@amtechesters.com
Website: https://www.amtechesters.com/
IPO Registrar
Maashitla Securities Pvt.Ltd.
Phone: 011-45121795
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
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