Ameenji Rubber Ltd IPO
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Ameenji Rubber Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| TBA | TBA | TBA | TBA | BSE | ₹ 30 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 26 Sep, 25 | 30 Sep, 25 | 2400 | ₹ 2,28,000 | Book Building - SME | 06 Oct, 25 |
Ameenji Rubber Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Miscellaneous |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 0 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Ameenji Rubber Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 8.90 | 5.81 | 3.07 |
| EBITDA | 10.86 | 7.45 | 4.59 |
| PAT | 4.31 | 3.50 | 1.12 |
| Total Assets | 48.88 | 33.91 | 31.02 |
| Share Capital | 8.28 | 2.30 | 2.30 |
| Total Borrowings | 37.42 | 22.98 | 15.77 |
| Operating Activities (Net Cash) | 6.27 | 5.14 | 2.64 |
| Investing Activities (Net Cash) | -1.16 | 0.38 | -5.62 |
| Financing Activities (Net Cash) | 37.42 | 22.98 | 15.77 |
| Net Cashflow | 0.12 | 1.26 | 0.06 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Ameenji Rubber Ltd
Our Company was originally incorporated as a Private Limited Company under the name Ameenji Rubber Private Limited on September 20, 2006 bearing CIN U25206AP2006PTC051204 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Andhra Pradesh. Further, pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on May 09, 2024 our company was converted into a Public Limited Company and consequently the name of our Company was changed from Ameenji Rubber Private Limited to Ameenji Rubber Limited vide a fresh Certificate of Incorporation dated July 31, 2024 issued by the Registrar of Companies, Central Processing Centre, bearing CIN U25206TG2006PLC051204.
The Indian rubber industry comprises a robust production sector and a growing manufacturing sector, spanning from plantations to diverse rubber products. India is the sixth-largest global Natural Rubber producer, with Kerala and Tamil Nadu contributing 81% of production and non-traditional regions gaining prominence. Natural Rubber consumption in India, driven by the automotive tyre sector (68%), is around 1.1 million tonnes, with 40% met through imports. The sector's strengths include a well-established domestic industry, strong research, and vast cultivation potential, while challenges include climate change, regional constraints, price volatility, and limited growth in the non-tyre segment. Synthetic Rubber consumption is rising, projected to reach 1.2 million tonnes by 2025.
Established in 2006, Ameenji Rubber Limited specializes in manufacturing, supplying, and exporting rubber solutions for railways, infrastructure, and commercial applications. Its diverse product range includes Elastomeric Bridge Bearings, POT-PTFE Bearings, Expansion Joints (Infrastructure), Rubber Sole Plates, Railway Vestibules, Crossing Pads (Railways), Moulded and long length Rubber Sheets, Gym Mats, Cow Mats, and other rubber products. These products are widely used in railway coaches, sleepers, crossings, bridges, highways, and infrastructure projects across sectors such as Railways, Construction, Oil & Gas, Energy, Fitness, and Dairy Farming.
Peer Comparison:
- No listed Industry Peers
Ameenji Rubber Ltd IPO Key Points
Strengths
- Strong Product portfolio and diverse range of rubber products.
- Existing client relationship.
- Diversified revenue from multiple geographies.
- Quality Assurance through NABL-Accredited Laboratory.
- Strong Regulatory Approvals and Industry Accreditation.
Risk
- Substantial portion of our revenues has been dependent upon few customers, with which we do not have any firm commitments. The loss of any one or more of our major customers would have a material adverse effect on our business, cash flows, results of operations and financial condition.
- An increase in raw material prices and fluctuations may adversely impact our business, financial condition, and operational results.
- We are primarily dependent upon few key suppliers within limited geographical location for procurement of raw materials. Any disruption in the supply of raw materials from such selective suppliers and geographical location could have a material adverse effect on our business operations and financial conditions.
Strategy
- Expansion of Manufacturing Capabilities and Introduction of a New Product Line.
- Enhancing Brand Image & Meeting Quality Standards.
- Optimal Utilization of Resources.
- Augmenting growth in domestic and international markets.
- Leveraging our Market skills and Relationships.
- Strong Product portfolio and diverse range of rubber products.
- Existing client relationship.
- Diversified revenue from multiple geographies.
- Quality Assurance through NABL-Accredited Laboratory.
- Strong Regulatory Approvals and Industry Accreditation.
How To Apply for Ameenji Rubber Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
