AMIC Forging IPO Allotment Finalised: How To Check Allotment Status

AMIC Forging Initial Public Offering (IPO) witnessed an overwhelming response on its final day of subscription, December 1, the retail segment was oversubscribed by an impressive 273.01 times, reflecting strong enthusiasm among individual investors. The Qualified Institutional Buyers (QIB) and Non-Institutional Investors (NII) also displayed significant interest, with oversubscription levels of 91.43 times and 589.27 times, respectively. The overall subscription stood at an extraordinary 289.05 times, underlining the positive sentiment surrounding the AMIC Forging IPO. The IPO, with a price band of Rs 121 to Rs 126 per share.

As per the latest update, the AMIC Forging IPO allotment has now been finalised. Investors can head over to the IPO registrar's website or on the BSE website to check the status of the allotted shares.

• Visit the official website of Bigshare Services Pvt Ltd: https://ipo.bigshareonline.com/ipo_status.html

• Select any one server to check your IPO Allotment Status.

• Choose "AMIC Forging Limited" from the list of companies.

• In the Selection Type dropdown, choose either Application number, Beneficiary Id, or PAN ID.

• Enter the required information, which could be your application number, PAN (Permanent Account Number), or Beneficiary Id.

• Complete the 'captcha' to verify that you are not a robot.

• Finally, click the "Search" button to check your allotment status

• Go to the official BSE website: https://www.bseindia.com/investors/appli_check.aspx

• Select the issue type as 'Equity.'

• Choose "AMIC Forging Limited" from the dropdown menu.

• Enter your application number or PAN (Permanent Account Number).

• Complete the 'Captcha' for verification.

• Click on the "Search" button to view your allotment status.

• Download or print the allotment status for your records.

Shares of AMIC Forging Limited are expected to list on BSE SME on Monday, December 11.

*This is a tentative date and is subject to change

• IPO Open Date: November 29, 2023

• IPO Close Date: December 1, 2023

• Basis of Allotment: December 6, 2023

• Initiation of Refunds: December 7, 2023

• Credit of Shares to Demat: December 8, 2023

• Listing Date: December 11, 2023

• Total Issue Size: 2,762,000 shares

• Face Value: Rs 10 per share

• Fresh Issue Size: Rs 34.80 Crores

• Shares for Fresh Issue: 2,762,000 shares

• Price Band: Rs 121 to Rs 126 per share

• Lot Size: 1000 Shares

• Minimum Investment (Retail): Rs 126,000

Incorporated in 2007, AMIC Forging Limited specializes in manufacturing precision machined components catering to various industries. The company's diverse product range includes Rounds, Shafts, Blanks, and finished engineering spare parts for industries such as Heavy Engineering, Steel, Oil & Gas, Petrochemicals, and more.