Ahlada Engineers Ltd SME IPO Details

Ahlada Engineers Ltd SME IPO Details

Ahlada Engineers Limited is incorporated in 2005 based in Hyderabad. The company is a manufacturer of steel door, windows and clean room equipment. They cater to pharmaceutical, biotechnology and food industries. They have capacity to manufacture over 11000 doors per month. They have an agreement with Tata Steel to manufacture and supply steel doors sold by Tata Steel Ltd. under brand name "PRAVESH". Ahlada Engineers ipo is starting from 11-September and ends on 18-September. The price band is around Rs.147-150 with 1000 market lot. The ipo size is around 51.06 crore rupees. 

IPO Review:

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Ahlada Engineers IPO Dates & Price Band:

IPO Open: 11-September-2018

IPO Close: 18-September-2018

IPO Size: Approx Rs 51.06 Crore

Face Value: Rs.10 Per Equity Share

Price Band: Rs.147-150 Per Equity Share

Listing on: NSE SME

Shares: 3,404,000

Retail Portion: 50%

IPO Market Lot:

Shares: Apply for 1,000 Shares (Minimum Lot Size)

Amount: Rs.1,50,000

IPO Allotment & Listing:

Basis of Allotment: 24-September-2018

Refunds: 25-September-2018

Credit to demat accounts: 25-September-2018

Listing: 27-September-2018

Financial Results:

  Rs. in Crore
Revenue Expense PAT

2014 79.17 5.0 2.6
2014 96.39 2.2 2.6
2015 111.51 06.6 3.1
2016 118.61 13.3 3.3
2017 127.91 15.6 8.1

Company Promoters:

Mr Chedepudi Suresh Mohan Reddy

IPO Registrar:

Bigshare Services Pvt. Ltd

Phone: 91-22-40430200

Fax: 91-22-2847 5207

Email: ipo@bigshareonline.com

Website: http://www.bigshareonline.com

IPO Lead Managers:

Saffron Capital Advisors Private Limited

Company Address:

Ahlada Engineers Ltd

Door No 4-56, Survey No. 62/1/A & 67,

Tech Mahindra Road, Bahadurpally, Qutbullapur Mand

Hyderabad 500 043, Rangareddi

Phone: +91 98 6650 0811

Email: kodanda.cs@ahlada.com

Website: http://ahlada.com

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