About Amtech Esters Ltd IPO
Incorporated in May 2002, Amtech Esters Limited is a B2B manufacturer of Unsaturated Polyester Resins (UPRs) and a trader of complementary products such as fibre resin, hardeners, ancillary products and silicone-based products. Through its integrated product portfolio, the Company caters to customers across various stages of the resin and FRP value chain.
The Company's wholly owned subsidiary, Croda Pigments Private Limited (CPPL), is engaged in the manufacturing of pigments used as colourants and additives in industrial and household products. Its acquisition expanded the Company's product portfolio into pigments and complemented its resin and allied chemical businesses.
The Company's product portfolio comprised 79 SKUs across its manufacturing and trading verticals, including 49 UPRs, 10 fibre resin products, 14 hardeners and ancillary products and 6 silicone-based products. Its products cater to industries such as automotive, electrical and switchgear, FRP, construction, paints and coatings, decorative products and other industrial applications.
The Company operates manufacturing facilities in Bahadurgarh, Jhajjar, Haryana, with an installed UPR manufacturing capacity of 2,960 MTPA and pigment manufacturing capacity of 382.20 MTPA as of March 31, 2026. It has also established a new UPR manufacturing facility at Asoda, Haryana, which is expected to become operational by September 2026.
The Company is certified under ISO 9001:2015 and has dedicated Research & Development and Quality Control functions focused on product quality, formulation improvements and adapting production processes to customer requirements.
As of March 31, 2026, the Company had a total workforce of 60 employees across various functions, including production, sales and marketing, quality control, packaging and dispatch, finance, legal, human resources and management.
Our Company is engaged in the business of manufacturing Unsaturated Polyester Resins and trading in Fiberglass, Hardners & Ancillaries and Silicon. Resins are viscous, liquid polymers derived from either organic or synthetic sources. Their primary advantage lies in their ability to transform from a liquid state into a customizable solid and homogeneous structure. Our Company has its manufacturing unit at 2012 MIE, Bahadurgarh, Jhajjar, Haryana-124507. The manufacturing unit has installed capacity of production of 2960 MTPA of Resins as on March 31, 2024 and of 740 MT Resins as on June 30, 2024.
Incorporated in May 2002, Amtech Esters Limited is a B2B manufacturer of Unsaturated Polyester Resins (UPRs) and a trader of complementary products such as fibre resin, hardeners, ancillary products and silicone-based products. Through its integrated product portfolio, the Company caters to customers across various stages of the resin and FRP value chain. The Company's wholly o
Amtech Esters IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 49.84% | 11,88,185.6 crores |
| Non-Institutional Investors (NIIs) | 15.05% | 3,58,792 crores |
| Retail Individual Investors (RIIs) | 35.11% | 8,37,022.4 crores |
Amtech Esters IPO Strengths & Weaknesses
Wide range of UPRs and complementary products serving diverse industries.
ISO 9001:2015 certification with dedicated R&D and Quality Control functions.
Experienced promoters and management team.
CPPL’s pigment business complements the Company’s resin and allied chemical operations.
Established supplier relationships support raw material sourcing.
A significant portion of revenue comes from UPRs, exposing the Company to risks from changes in demand, pricing, raw material availability and customer requirements.
The majority of revenue comes from manufacturing. Any disruption, shutdown or operational issue could adversely affect business and financial performance.
The Company relies on skilled employees, and high attrition could increase costs, reduce efficiency and affect customer relationships.
Labour shortages, wage increases or difficulties in hiring skilled personnel could adversely affect operations and financial performance.
Amtech Esters IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 15 Sep '26 | 17 Sep '26 | 16 Sep '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 23,84,000 shares (aggregating up to To be announced) |
| Fresh Issue | 2,26,400 shares (aggregating up to ₹22,64,000 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 82.12 shares |
| Post-Issue Shareholding | 65.72 shares |
Amtech Esters IPO Lot Size and Investment Details
| Minimum Lot Size | 1,600 shares |
| Maximum Lot Size (Retail) | -- |
The lot size of Amtech Esters ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Amtech Esters IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Amtech Esters IPO Contact & Registrar Details
Contact Details
Address
Flat No. 102, Plot No. A 3 Magnum House 1, Commercial Complex Karam Pura, West Delhi, New Delhi West Delhi
Phone Number
Registrar Details
Registrar Name
Maashitla Securities Pvt.Ltd.
Phone Number
Amtech Esters Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Credora Partners Pvt Ltd |
