Ahlada Engineers Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,294,000 (38%) | — | ₹1,941 Cr |
| NII (HNI) | — | 808,000 (24%) | — | ₹1,212 Cr |
| Retail | — | 1,132,000 (33%) | — | ₹1,698 Cr |
| Market Maker | — | 171,000 (5%) | — | ₹26 Cr |
| Σ Total | — | 3,405,000 (100%) | — | ₹51,075 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹150,000 |
| Retail (Max) | 13 | 13,000 | ₹1,950,000 |
| S-HNI (Min) | 14 | 14,000 | ₹2,100,000 |
| B-HNI (Min) | 67 | 67,000 | ₹10,050,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue | 12,789 | 11,855 | 11,147 |
| Profit After Tax | 809 | 327 | 306 |
| Total Assets | 14,562 | 9,786 | 8,387 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 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
Company Overview
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 Strengths
1. 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 company maintains an integrated manufacturing facility with independent storage facility spread across an area of 34,211 square yards.