Aprameya Engineering Limited installs and maintains Intensive Care Units (ICU), Neonatal Intensive Care Units (NICU), Pediatric Intensive Care Units (PICU), Operation Theatres, and prefabricated structure wards in hospitals and medical care centers. They provide these services on a turnkey basis and also supply high-value healthcare and diagnostic equipment to private hospitals, government hospitals, and medical practitioners.
The company’s products can be segregated into two categories:
- Establishing healthcare infrastructure within hospitals and medical care centers.
- Dealing in high-value medical equipment.
Since 2020, the company has been setting up ICUs and operation theatres and has installed around 2000 critical care beds, including ICUs, NICUs, and PICUs, Modular operation theatres are being established throughout the state of Rajasthan.
The company has four warehouses: two in Memnagar, Ahmedabad, one in Prahladnagar, Ahmedabad and the fourth one on Ashram Road, Ahmedabad.
The company provides a wide range of medical equipment and solutions, such as an Electrosurgical Generator, Electrosurgical Unit, CO2 Insufflator, LED Surgery Light, Surgical and medical Examination Light, ICU Respiratory Monitoring System, ICU Ventilation System, Anesthesia Workstation, Jaundice Meter, Anesthesia Machine, and Harmonic Scale.
As of August 31, 2023, the company employed 44 permanent staff members responsible for day-to-day business operations, marketing, and accounting functions. business operations, marketing, and accounting functions.
Aprameya Engineering IPO – Details
| IPO Opening Date | 25 July 2024 |
| IPO Closing Date | 29 July 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 50,40,000 Shares Worth ₹29.23 Crore Fresh Issue: 50,40,000 Shares Worth ₹29.23 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹56 – ₹58 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Aprameya Engineering IPO – Date Schedule
| IPO Open Date | 25 July 2024 |
| IPO Close Date | 29 July 2024 |
| Basis of Allotment | 30 July 2024 |
| Initiation of Refund | 31 July 2024 |
| Credit of Shares to Demat Account | 31 July 2024 |
| IPO Listing Date | 01 August 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 29, 2024 |
Aprameya Engineering IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,16,000 |
| Retail (Max) | 1 | 2000 | ₹1,16,000 |
| HNI (Min) | 2 | 4000 | ₹2,32,000 |
Competitive Strengths
- Rapid growth in the business with focus on setting up of healthcare infrastructure.
- Track record of execution capabilities of setting up ICUs NICUs PICUs as well as Operation Theatre.
- Firm arrangement with many medical equipment suppliers and manufacturers.
- Wide customer base including many Private and Government Hospital /Medical college.
- Experienced Promoters with technical team having domain knowledge.
- Asset light scalable business model.
Company Promoters
- Saurabh Kishorbhai Bhatt
- Chetan Mohan Joshi
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 200.26 | 176.13 | 16.61 | 13.68 |
| 31 March 2023 | 78.33 | 70.85 | 5.36 | 28.73 |
| 31 March 2024 | 65.62 | 61.02 | 3.45 | 42.04 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 15.97% |
| ROCE | 9.60% |
| Debt/Equity | 1.8 |
| RoNW | 14.79% |
| P/BV | 0 |
| PAT Margin (%) | 5.3 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 3.84 | 2.82 |
| P/E (x) | 15.12 | 20.57 |
Object Of The Issue
- To meet incremental working capital requirements (including augmentation on Long Term Working Capital).
- General corporate purpose.
Aprameya Engineering IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.53% |
Aprameya Engineering IPO Prospectus
Company Contact Information
| Aprameya Engineering Limited 908, 9th Floor, Venus Atlantis Corporate Park Anandnagar, Prahladnagar, Ahmedabad-380015 Phone: + 079-40068827 Email: cs@aelhealth.com Website: https://www.aelhealth.com/ |
Aprameya Engineering IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: aprameya.ipo@linkintime.co.in Website: https://linkintime.co.in/initial_offer/public-issues.html |
Aprameya Engineering IPO Lead Manager(s)
| 1. Hem Securities Limited |
Aprameya Engineering IPO FAQs
| What is Aprameya Engineering IPO? Aprameya Engineering IPO is a SME IPO. The issue is priced at ₹56 and ₹58 per equity share. The IPO is to be listed on NSE SME. |
| When Aprameya Engineering IPO will open? The IPO is to open on 25 July 2024 for QIB, NII, and Retail Investors. |
| What is Aprameya Engineering IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the Aprameya Engineering IPO? You can apply Aprameya Engineering IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Aprameya Engineering IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Aprameya Engineering IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Aprameya Engineering IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Aprameya Engineering IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Aprameya Engineering IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Aprameya Engineering IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Aprameya Engineering IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Aprameya Engineering IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Aprameya Engineering IPO Size? Aprameya Engineering IPO size is ₹29.23 Crore. |
| What is Aprameya Engineering IPO Price Band? Aprameya Engineering IPO Price Band is ₹56 – ₹58. |
| What is Aprameya Engineering IPO Minimum and Maximum Lot Size for retail? The minimum bid is 2000 Shares with ₹1,16,000 amount while the maximum bid is 2000 Shares with ₹1,16,000. |
| What is the Aprameya Engineering IPO Allotment Date? Aprameya Engineering IPO allotment date is 30 July 2024. |
| What is the Aprameya Engineering IPO Listing Date? Aprameya Engineering IPO listing date is 01 August 2024. The IPO is to be listed on NSE SME. |
