Aprameya Engineering Limited

Company Profile
Company Name Aprameya Engineering Limited
Open Date 25-07-2024
Close Date 29-07-2024
Exchange NSE SME
Lot Size 2000 Shares
Issue Price ₹56 to ₹58 per share
Issue Size 50,40,000 shares
Application Amount ₹1,16,000
Recommendation Avoid
Aprameya Engineering Limited originally formed as a partnership firm ‘M/s. Aprameya Engineering’ on August 13, 2004. The registered office is located at Ahmedabad, Gujarat. The Company is engaged in selling of high value medical equipment as a dealer of medical equipment manufacturers and supplier. The company during the year 2024, have undertaken setting up, installing and commissioning of dialysis centres across the state of Rajasthan. The portfolio of products and services can be classified into two different segments i.e. setting up of healthcare infrastructure within the hospitals and medical care centres and dealing in high value medical equipment. The company had 43 permanent employees as of June 30, 2024.
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Financial Summary in Lakhs

KPI’s FY 22 FY 23 FY 24
Revenue 19,999.46 7,811.91 6,516.23
EBITDA 2,486.81 943.93 635.70
Net Profit 1,661.90 536.90 345.68
RoCE 88.44% 29.12% 17.39%
ROE 114.38% 26.95% 14.79%
P/E 4.89 15.10 23.48

Tentative Timeline

Opening Date 25-07-2024
Closing Date 29-07-2024
Basis of Allotment 30-07-2024
Initiation of Refunds 31-07-2024
Credit of Shares to Demat 31-07-2024
Listing Date 01-08-2024

Objects of the Issue

Working Capital Requirements (Including augmentation on Long-Term Working Capital)
General Corporate Expenses.

Contact Information

Registered Office 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/

Registrar Details

Name 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

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100%
Share Holding Post Issue (Promoters) 73.53%

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