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Open
11 Sep 2018
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Close
18 Sep 2018
3
Allotment
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Listing
Sat, Oct 27, 2018
Price Band
₹147 to ₹150
Issue Size
34,05,000 shares (agg. up to ₹51 Cr)
Lot Size
1,000 Shares
Listing Date
Sat, Oct 27, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.03x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|
| Assets | 145.62 | 97.86 | 83.87 |
| Total Income | 127.89 | 118.55 | 111.47 |
| Profit After Tax | 8.09 | 3.27 | 3.06 |
| NET Worth | 36.40 | 28.40 | 25.24 |
| Reserves and Surplus | 27.72 | 24.01 | 20.74 |
| Total Borrowing | 47.15 | 30.49 | 23.12 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Priti International Ltd. | SME | ₹5.26 Cr | ₹75 | null | ₹81.25 | +8.33% | ₹39.01 (-1.39%) |
| Milestone Furniture Ltd. | SME | ₹14.84 Cr | ₹45 | null | ₹44.45 | -1.22% | ₹28.38 (+4.30%) |
| Garv Industries Ltd. | SME | ₹3.20 Cr | ₹10 | null | ₹10.00 | +0.00% | ₹15.15 (-2.57%) |
| Marvel Decor Ltd. | SME | ₹26.29 Cr | ₹57 | null | ₹57.85 | +1.49% | ₹70.10 (-0.99%) |
| Omfurn India Ltd. | SME | ₹4.17 Cr | ₹23 | null | ₹22.85 | -0.65% | ₹56.00 (+2.75%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of certain loans availed from lenders, Directors including our Promoter | 6.50 |
| 2 | Purchase of Machinery/Equipment | 17.40 |
| 3 | Funding of Working Capital Gap | 17.00 |
| 4 | General Corporate Purposes | 5.20 |
About Ahlada Engineers IPO
Incorporated in 2005, Ahlada Engineers Ltd is Hyderabad based manufacturer of steel doors, windows, and clean room equipment. The company's customer base includes the pharmaceutical, biotechnology, food, healthcare, entertainment and real estate industries.Ahlada Engineers has inked an agreement with Tata Steel to manufacture and supply steel doors (which is sold by Tata Steel Ltd under their brand name "PRAVESH"). The company manufactures and supplies steel doors and windows to other industrial customers as well.Ahlada Engineers has 3 manufacturing facilities, an assembly unit and a stockyard located on the outskirts of Hyderabad city. The company has in-house research, design and quality teams.Competitive Strengths1. ISO 9001:2015 (Quality Management system), ISO 14001:2015 (Environmental Management system) and OHSAS 18001:2007 (Occupational Health and Safety Management system) certifications from TÜV SÜD Management Service GmbH.2. Tata Steel Limited has ensured an assured offtake of its products i.e. steel doors.3. Receive quality & process improvements from Tata Steel as per agreement with them. This helps the company to improve processes and quality of the products.4. The comp
Contact Details
Ahlada Engineers Ltd. AddressDoor No 4-56, Survey No.62/1/A & 67Tech Mahindra Road, BahadurpallyQutbullapur Mand, RangareddiHyderabad, Telangana, 500043+91 98 6650 0811kodanda.cs@ahlada.comVisit Website