IPO profile
Amtech Esters Limited
AMTECH · BSE
- Price band
- ₹71 - ₹75
- Subscription
- Not available
Application & Issue Details
- Minimum Quantity
- 1600 shares
- Minimum Application
- ₹1,20,000
- Issue Size
- Rs. 18 Cr
- Face Value
- Not available
Company Overview
Amtech Esters is engaged in the business-to-business manufacturing of unsaturated polyester resins while also trading in complementary products such as fiber resins, hardeners, silicones, and other ancillary materials. The company’s operations are predominantly driven by its manufacturing vertical, supported by an extensive product portfolio that caters to diverse industrial applications. The core manufacturing activities are centralized in Haryana, where the company operates its primary facility alongside a new plant currently under construction in Asoda. Revenue generation is heavily reliant on its unsaturated polyester resins segment, which contributes a significant majority of its total operational income. In addition to its primary resin business, the company maintains a vertically integrated operational structure through its wholly owned subsidiary, Croda Pigments Private, which specializes in the manufacturing of pigments used as colorants and additives across various industrial and household sectors.
Important Dates
- Open Date
- 9 Sept 2026
- Close Date
- 11 Sept 2026
- Allotment Date
- Not available
- Listing Date
- 17 Sept 2026
Issue Timeline
- Issue open date
- Issue close date
- UPI mandate deadline
- Allotment finalization
- Refund initiation
- Share credit
- Listing date
- Mandate end date
- Lock-in end date for anchor investors (50%)
- Lock-in end date for anchor investors (remaining)
Subscription
Subscription data not available yet.
Actual Listing Performance
- Listing Date
- 17 Sept 2026
- Actual Listing Price
- ₹100
- Gain/Loss Per Share
- +₹25
- Gain/Loss Per Lot
- +₹40,000
- Listing Gain/Loss %
- +33.33%
- Measured Against
- ₹75
- Lot Size
- 1600 shares
Historical result from the reported listing price, compared with the upper price band (final issue price not reported). Excludes brokerage, taxes and charges.
Company Strengths & Risks
Reported strengths
- Broad product portfolio of unsaturated polyester resins and complementary chemicals.
- Established a vertically integrated business model with its subsidiary Croda Pigments.
- Upcoming capacity expansion with a new manufacturing facility in Asoda, Haryana.
- Strong quality assurance ensures consistent and standardized product excellence.
- Experienced promoter group and senior management with deep industry expertise.
Key risks
- High revenue dependence on unsaturated polyester resins exposes the business to concentration risk.
- Operations are heavily concentrated in a single geographical region in Haryana.
- Subject to stringent environmental and safety regulations regarding hazardous chemicals.
- Delays in the subsidiary’s capital expenditure plans could adversely impact expected financial growth.
- Any inability to generate adequate demand for the new Asoda facility may affect profitability.
Company strengths and risks are informational summaries. Review the offer document for complete disclosures.
Documents & Coverage
IPO data last updated 25 Oct 2026, 12:08 pm IST · listing price: NSE/BSE
This page is for informational and educational purposes only. It is not investment advice and not a recommendation to buy, sell, or apply for this IPO. GMP and subscription figures are unofficial/may change. Please make your own independent decision.