Ameenji Rubber Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Ameenji Rubber Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹100
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,20,000
Issue Size
₹30 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.08%
QIB Quota
49.92%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Ameenji Rubber Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
92.24%
Promoter Holding (Post-Issue)
67.71%
Issue Type
Book Building - SME
ISIN
INE14QA01016
About the Company
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.
Industry Overview
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.
Company History
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.
Products & Services
- Ameenji Rubber Limited specializes in manufacturing, supplying, and exporting rubber solutions for railways, infrastructure, and commercial applications.
Growth 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.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets for the last reported financial year.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of 30,00,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Ameenji Rubber Limited ("the Company" or "the Issuer") at an issue price of Rs. 100 per equity share (Including Share Premium of Rs. 90 Per Equity Share) for cash, aggregating up to Rs. 30.00 Crore ("Public Issue") of which 1,53,600 equity shares of face value of Rs. 10 each, at an issue price of Rs. 100 per equity share for cash, aggregating Rs. 1.54 Crore will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). the issue less market maker reservation portion i.e. issue of 28,46,400 equity shares of face value of Rs. 10 each, at an issue price of Rs. 100 per equity share for cash, aggregating upto Rs. 28.46 crores is herein after referred to as the "Net Issue". the public issue and net issue will constitute 26.60% and 25.23 % respectively of the post- issue paid-up equity share capital of the company. Price Band: Rs. 95/- to Rs. 100/- for equity share of face value of Rs. 10 each. The floor price is 9.50 times times the face value and cap price is 10.00 times of the face value of the equity shares. Bids can made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- 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.
- 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.
- We are subject to strict quality requirements, customer inspections and audits, and any failure to comply with quality standards may lead to cancellation of existing and future orders and could negatively impact our reputation and our business and results of operations and future prospects
- We may not have adequate experience in manufacturing of products which are proposed to be manufactured by Machineries to be acquired from Object of the Issue.