Allied Engineering Works IPO
Allied Engineering Works
IPO Details
Allied Engineering Works is coming up with an IPO to raise 400 crore. The offer consists of a fresh issue of 400 crore and an offer for sale of 75 lakh shares by promoter Ashutosh Goel.
The company is primarily engaged in manufacturing engineering products and is planning to expand its operations through this public offering.
The funds raised from the fresh issue will be utilized for the company’s expansion plans, including capital expenditure for setting up new manufacturing facilities.
The remaining proceeds will be allocated towards general corporate purposes.
Allied Engineering Works Strengths
- Long-standing presence in the engineering and manufacturing sector, which builds trust and reliability.
- Raising funds specifically for capacity expansion and new manufacturing facilities, indicating growth potential.
- Led by promoter Ashutosh Goel, the company benefits from experienced leadership in engineering and manufacturing.
Allied Engineering Works Weakness
- Engineering and manufacturing industries are sensitive to economic cycles, raw material price fluctuations, and supply chain disruptions.
- Heavy investments in manufacturing facilities may increase financial pressure if revenue growth doesn’t keep pace.
- The IPO includes an offer for sale by the promoter, which may raise concerns about partial promoter exit.
Revenue & Profit
+7.20 | +1.40 |
+3.50 | +0.47 |
+1.64 | +0.10 |
10
8
6
4
2
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IPO Dates
| Open Date | To be announced |
| Close Date | To be announced |
| Allotment Date | To be announced |
| Initiation of Refunds | To be announced |
| Credit of Shares to Demat Account | To be announced |
| Listing Date | To be announced |
IPO Lot Size
| Minimum Lot Size | To be announced |
| Maximum Lot Size | To be announced |
Seize the Opportunity! Apply for Allied Engineering Works IPO
Free Demat Account Opening
Zero AMC Charges for First Year
Low DP Charges (Rs. 10 only)
Free IPO Report & Advisory
Allied Engineering Works IPO Subscription Breakup
| QIBs | To be announced |
| Non Institutional Investors | To be announced |
| Retail Investors | To be announced |
How to Apply for Allied Engineering Works IPO?
Step 1
First, you need to visit the IPO section on our website.
Step 2
Then, click on the 'IPO Listing' option to view the IPO.
Step 3
Open the Allied Engineering Works IPO by tapping on it.
Step 4
You will see an option to subscribe that you need to click on.
Step 5
Now that you can see the IPO details, you must enter details like cut-off price, number of lots, and UPI ID.
Step 6
Next, verify your details and select the 'Subscribe' option to complete the bidding.
You have completed your bidding for the Allied Engineering Works IPO. Log in and go to the 'IPO Transactions' section to track your allotment status.