Amtech Esters Ltd IPO was priced at ₹71–₹75 per share with an issue size of ₹18 crore. The IPO opened on Sep 09, 2026 and closed on Sep 11, 2026, with a lot size of 1,600 shares and a minimum investment of ₹2,40,000.
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| Price Band | ₹71.00 - ₹75.00 per share |
| Lot Size | 1600 shares |
| Min Investment | ₹2,40,000 |
| Total Issue Size | ₹18.00 crore |
| Shares Offered | 23,84,000 |
| Issue Structure | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Lead Manager(s) | Credora Partners Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Listing At | BSE SME |
Issue price ₹75 · lot size 1600 shares · estimated listing price ₹84 (GMP +₹9)
| Category | Lots | Shares | Investment | Value at listing | Profit |
|---|---|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,20,000 | ₹1,34,400 | +₹14,400 |
| S-HNI (Min) | 2 | 3,200 | ₹2,40,000 | ₹2,68,800 | +₹28,800 |
| S-HNI (UPI limit) | 4 | 6,400 | ₹4,80,000 | ₹5,37,600 | +₹57,600 |
| S-HNI (Max) | 8 | 12,800 | ₹9,60,000 | ₹10,75,200 | +₹1,15,200 |
| B-HNI (Min) | 9 | 14,400 | ₹10,80,000 | ₹12,09,600 | +₹1,29,600 |
| Metric | Latest Reported |
|---|---|
| Total Income | ₹40.75 Cr |
| Profit After Tax | ₹4.22 Cr |
| Net Worth | ₹19.58 Cr |
Promoters: Ajit Singh Bawa, Gurpreet Kaur Bawa, Meenakshi Sharma
| Promoter Holding (Pre-Issue) | 62.35% |
| Promoter Holding (Post-Issue) | 45.52% |
Amtech Esters Limited is a B2B chemical manufacturing company engaged in the manufacturing of Unsaturated Polyester Resins (UPRs) and the trading of complementary products used across the resin and FRP value chain.
Converted into a public limited company in December 2023.
| Founded | 2002-05-01 |
| Headquarters | Bahadurgarh, Jhajjar, Haryana |
| Industry | Chemical Manufacturing |
| Website | https://www.amtechesters.com/ |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Phone | 011-45121795 |
| [email protected] |
11 answers about Amtech Esters Ltd IPO — dates, pricing, allotment and listing.
Amtech Esters Ltd IPO is a bookbuilding ipo of ₹18 crore. The issue was priced at ₹71–₹75 per share, with a lot size of 1,600 shares. Bidding ran from Wed, 09 Sep 2026 to Fri, 11 Sep 2026, with shares listed on BSE SME.
The price band was ₹71–₹75 per share.
One lot was 1,600 shares. Bids had to be placed in multiples of 1,600.
A retail investor needed at least ₹2,40,000 – one lot of 1,600 shares at ₹75, the upper end of the price band.
Amtech Esters Ltd IPO opened on Wed, 09 Sep 2026 and closed on Fri, 11 Sep 2026.
Allotment was finalised on Tue, 15 Sep 2026.
Amtech Esters Ltd shares were listed on Thu, 17 Sep 2026 on BSE SME.
The company intended to use the net proceeds towards 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, repayment or prepayment, in full or in part, of certain borrowings availed by the company and funding inorganic growth through unidentified acquisitions and general corporate purposes.
Credora Partners Pvt.Ltd. is the book running lead manager. Maashitla Securities Pvt.Ltd is the registrar to the issue.
Category-wise demand from retail, NII and QIB bidders is on the Amtech Esters Ltd IPO subscription page, and on the BSE and NSE websites.
From Tue, 15 Sep 2026, check the Amtech Esters Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.