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AMTECH ESTERS IPO

NOW BOARDINGBSE SME · SME · INDUSTRIAL PRODUCTS
INDICATIVE FARE / PRICE BAND
TBA
BAND INDICATIVE · NOTHING FINAL UNTIL THE RHP
FIGURES ON THIS PAGE AS OF 02 SEPT 2026, 17:01 IST · REFRESHED THROUGH THE DAY
THE FARE BOARD · KEY NUMBERS

BY THE NUMBERS.

PRICE BAND
TBA
THE TIMETABLE · FOUR STOPS
THE JOURNEY.
OPENS
09 SEPT 26
NEXT STOP
CLOSES
11 SEPT 26
SCHEDULED
ALLOTMENT
15 SEPT 26
SCHEDULED
LISTING
17 SEPT 26
SCHEDULED
ANCHOR BIDDING08 SEPT 26REFUNDS INITIATED16 SEPT 26SHARES IN DEMAT16 SEPT 26ANCHOR LOCK-IN ENDS · 30 DAY15 OCT 26ANCHOR LOCK-IN ENDS · 90 DAY14 DEC 26
TIMETABLE AS FILED · DATES CAN MOVE · CONFIRM AGAINST THE OFFICIAL RHP AND THE REGISTRAR
THE MANIFEST · ISSUE STRUCTURE

HOW THE ISSUE IS BUILT.

FACE VALUE
₹10
ISSUE TYPE
BOOK BUILD ISSUE
FRESH ISSUE
22,64,000 SHARES
TOTAL SHARES OFFERED
22,64,000

The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.

FIGURES AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
THE SEATING PLAN · CATEGORY RESERVATION

WHO GETS WHICH SEATS.

ANCHOR INVESTOR
6,76,800
SHARES
QIB
4,52,800
Not more than 50.00% of the Net offer
NII (HNI)
3,40,800
Not less than 15.00% of the Net Offer
SNII
1,13,600
SHARES
BNII
2,27,200
SHARES
RETAIL
7,93,600
Not less than 35% of the Offer
MARKET MAKER
1,20,000
SHARES
22,64,000 SHARES ACROSS ALL CATEGORIES · CATEGORY SPLIT AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
THE GAUGES · VALUATION AND RETURNS

ON THE DASHBOARD.

EPS · PRE-ISSUE
6.55
EPS · POST-ISSUE
4.78
RONW
27.58%
ROCE
35.1%
ROE
27.58%
PAT MARGIN
10.09%
EBITDA MARGIN
17.63%
NAV PER SHARE
₹23.83
DEBT / EQUITY
0.26
FIGURES STATED AS OF 31 MAR 2025 · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · A REPORTED RATIO IS NOT A VIEW ON VALUE · CONFIRM AGAINST THE OFFICIAL RHP
THE LOGBOOK · REPORTED FINANCIALS

THE RUNNING RECORD.

INR CR31 MAR 2431 MAR 2531 MAR 26
ASSETS24.7927.8634.47
TOTAL INCOME27.2436.9740.75
PROFIT AFTER TAX2.843.724.22
EBITDA1.656.57.49
NET WORTH11.6415.3619.58
RESERVES AND SURPLUS8.4112.1413.14
TOTAL BORROWING4.493.993.41
AMOUNTS IN INR CR · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · CONFIRM AGAINST THE OFFICIAL RHP
WHERE THE FARE GOES · OBJECTS OF THE ISSUE

WHAT THE MONEY IS FOR.

OBJECT OF THE ISSUEINR CR
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 subsidiary8.81
Repayment or prepayment, in full or in part, of certain borrowings availed by the Company4.2
Funding inorganic growth through unidentified acquisitions and general corporate purposes
INR CR 13.01 ALLOCATED IN TOTAL · OBJECTS AND AMOUNTS AS PUBLISHED FOR THIS ISSUE · AN OBJECT WITH NO AMOUNT AGAINST IT IS SHOWN AS PUBLISHED · CONFIRM AGAINST THE OFFICIAL RHP
ABOUT THIS SERVICE

Incorporated in 2002, Amtech Esters Limited is enagaged in the manufacturing of fiberglass raw materials, including polyester resins, silicon-based products, wax polish, and brushes. These products cater to diverse applications such as FRP sheets, cooling towers, automobile components, flower pots, sports equipment, garden furniture, bathtubs, containers, panels, machine covers, statues, art, and handicrafts. The company's manufacturing unit, located at 2012 MIE, Bahadurgarh, Jhajjar, Haryana 124507, has a production capacity of 2960 MTPA of resins as of March 31, 2024, and 740 MT by June 30, 2024. The company offers a wide range of fiberglass products, including CSM 225 E, CSM 450 E/P, CSM 300 E/P, fiber cut pieces, surface mat, woven rovings, fiberglass cloth, and chopped strands. Products: Products Manufactured by the Company: The company specializes in producing polyester resins for various applications, including fashion, automotive, accessories, and sculptures, ensuring durability and quality. Products Manufactured in the Subsidiary Croda Pigments Private Limited: The company manufactures pigment paste, cobalt octoate, accelerator, resin hardener, and BP paste through its subsidiary, Croda Pigments Private Limited. Products traded by the Company: The company's trading segment complements its manufactured products, offering catalysts, fiberglass, silicone rubbers, wax polish, pigment paste, styrene monomer, and other related materials for various applications. As onOctober 31, 2024, the company has 36 employees. Competitive Strengths: Diversified product range appealing to a wide range of customers Quality Assurance ensuring standardized quality of the products Experienced Promoter with senior management, backed by sales team having industry knowledge Focus on increasing operational efficiencies Strong connect with suppliers.

THE CREW · WHO IS RUNNING THIS SERVICE

ON THE ROSTER.

PROMOTERS
NAMES
Ajit Singh Bawa, Gurpreet Kaur Bawa, Meenakshi Sharma
HOLDING PRE-ISSUE
62.35%
HOLDING POST-ISSUE
45.52%
BOOK-RUNNING LEAD MANAGERS
1 APPOINTED
Credora Partners Pvt.Ltd.
REGISTRAR TO THE ISSUE
NAME
Maashitla Securities Pvt.Ltd.
PHONE
011-45121795
THE COMPANY
PHONE
011-49044111
REGISTERED OFFICE
Flat No. 102, Plot No. A – 3, Magnum House 1, Commercial Complex, Karam Pura, West Delhi, New Delhi, West Delhi, New Delhi, 110015
DETAILS AS PUBLISHED FOR THIS ISSUE · ALLOTMENT IS HANDLED BY THE REGISTRAR, NOT BY BUYUNLISTEDSHARES · WE NEVER ASK FOR PAN OR APPLICATION DETAILS
THE ENQUIRY DESK · QUESTIONS

COMMON QUESTIONS.

What is the Amtech Esters IPO price band?+

The price band for the Amtech Esters IPO has not been announced yet. It is set by the company and its bankers and stated in the offer document.

When does the Amtech Esters IPO open and close?+

The issue opens on 09 Sept 2026 and closes on 11 Sept 2026. Dates can move — the registrar and the exchange notices are the record.

When is the Amtech Esters IPO allotment?+

Allotment is scheduled for 15 Sept 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.

When does Amtech Esters list?+

Listing is scheduled for 17 Sept 2026 on BSE SME.

Where will Amtech Esters be listed?+

Amtech Esters is proposed for listing on BSE SME. It is an SME issue, so it trades on the SME platform.

Who is the registrar for the Amtech Esters IPO?+

The registrar to the issue is Maashitla Securities Pvt.Ltd. (011-45121795), ipo@maashitla.com.

Where can I check the Amtech Esters IPO allotment status?+

Allotment status is published by the registrar on its own official portal: https://maashitla.com/allotment-status/public-issues. Use the registrar's site directly — BuyUnlistedShares does not ask for PAN, application numbers or any other applicant detail.

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Dates, price band, lot size, issue size and subscription figures are indicative and subject to the official Red Herring Prospectus (RHP). Application amounts shown in the fare table are arithmetic on the lot size and the upper band against SEBI's category thresholds — they are not an application facility and we do not accept IPO applications. GMP is unofficial grey-market chatter that changes daily — not a target, not a quote and not a recommendation. This page is information only: it is not an offer to deal and not investment advice. BuyUnlistedShares provides information and research, not buy/sell recommendations. All IPOs carry market risk — read the RHP and assess suitability before applying.
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