AMD Metplast IPO
AMD Metplast IPO — date, price band, lot size & details 2007
AMD Metplast listed on 19 Mar 2007 at ₹73, 2.7% below the ₹75 issue price.
AMD Metplast makes soft drink closures, crown caps and PET preforms for beverage and dairy companies at plants in Ghaziabad and Neemrana. Its total income was Rs 7134.78 lacs in FY2006.
Stock price
AMD Metplast is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 12 November.
- Open 15 Feb 2007
- Close 23 Feb 2007
- Allotment 08 Mar 2007
- Refund/credit TBA
- Listing 19 Mar 2007
Issue summary
The terms of the offer, as filed.
| IPO Dates | 15 to 23 Feb, 2007 |
|---|---|
| Price Band | ₹65 – ₹75 |
| Face Value | ₹10 |
| Lot Size | 90 Shares |
| Issue Size | ₹76.25 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE, NSE |
| Registrar | Bigshare Services Private Limited |
| Min Investment | ₹ 6,750 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 90 shares at the ₹75 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 90 | ₹6,750 |
| Retail (max) | 29 | 2,610 | ₹1,95,750 |
| S-HNI (min) | 30 | 2,700 | ₹2,02,500 |
| S-HNI (max) | 148 | 13,320 | ₹9,99,000 |
| B-HNI (min) | 149 | 13,410 | ₹10,05,750 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 4
- 01Total income rose from Rs 4687.57 lacs in FY2003 to Rs 7134.78 lacs in FY2006.
- 02Net profit after tax rose from Rs 119.96 lacs in FY2005 to Rs 405.39 lacs in FY2006.
- 03It had 4 plants and customers such as AMUL, UB Group and SAB.
- 04Total income was Rs 3811.38 lacs in the period ended October 2006.
Risks · 5
- 01It was adding a new PET preform line even though its 4 plants were not running at 100% capacity.
- 02Net profit swung from Rs 314.66 lacs to Rs 179.15 lacs and Rs 119.96 lacs in the years before FY2006.
- 03It depended on beverage and brewery companies, at least 6 named in the prospectus, whose sales are seasonal.
- 04Metal and PET resin prices can swing; net profit was only Rs 170.28 lacs in the period to October 2006.
- 05Promoter holding fell from 99.99% before the issue to 52.53% after it.
Three years of numbers
All figures in ₹ crore, as reported in the AMD Metplast offer document.
| Metric | 31 Oct 2006 | 31 Mar 2006 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|---|
| Assets | 88.14 | 92.76 | 95.39 | 90.65 |
| Total Income | 38.11 | 71.35 | 69.28 | 63.95 |
| Profit After Tax | 1.70 | 4.05 | 1.20 | 1.79 |
| NET Worth | 32.46 | 30.85 | 23.20 | 20.47 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the AMD Metplast RHP.
Where the money goes
₹76.25 Cr of the issue is earmarked to named objects.
About the company
It makes carbonated soft drink closures, crown caps and PET preforms.
It had three plants in Ghaziabad district, Uttar Pradesh, and one at Neemrana in Alwar district, Rajasthan, with 200 employees. Its customers included AMUL, Khoday Breweries, UB Group, SAB, Mount Shivalik Breweries and Narang Breweries.
The IPO was Rs 76.25 crore at Rs 75, the top of the Rs 65 to Rs 75 band, of which Rs 68.22 crore was fresh issue. The money included a new PET preform line.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
AMD Metplast IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Chartered Capital & Investment Ltd
13 issues handledBest listing: Celestial Labs (+25.0%). Weakest: Thinksoft Global Services (+0.8%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of AMD Metplast?
The current Grey Market Premium is ₹0.
What is the AMD Metplast IPO price band?
₹65 to ₹75, on a face value of ₹10.
When is the allotment?
The basis of allotment is 8 March 2007, with listing on 19 March 2007.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Bigshare Services Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
