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Ameenji Rubber IPO

Listed SME BSE SME · Rubber

Price Band

₹95.0–100.0

Issue Size

₹30.0 Cr

Lot Size

1,200 shares

Min Investment

₹240,000

2 LOTS MIN

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

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Issue Price

₹100.0

Ameenji Rubber IPO AI Summary

  • Ameenji Rubber IPO is listed on BSE SME in the Rubber sector.
  • Price band: ₹95.0–₹100.0 per share, lot size 1,200 shares (min. investment ₹240,000, 2 lots minimum).
  • Subscription window: 26 Sep–30 Sep 2025, listing on 06 Oct 2025.

Ameenji Rubber Limited is an SME engaged in the manufacturing of rubber products for various industries. The company has shown consistent revenue and profit growth over the past few years and aims to utilize the IPO proceeds for modernization and debt repayment. Investors should consider their risk profile and investment strategy before participating.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Ameenji Rubber IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 30 Sep 2025 — not a current signal.

Neutral 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Fri, 26 Sep 2025
IPO Close Date
Tue, 30 Sep 2025
Allotment Date
Wed, 01 Oct 2025
Refund Initiation
Fri, 03 Oct 2025
Credit of Shares
Fri, 03 Oct 2025
Listing Date
Mon, 06 Oct 2025
Listing Price
₹100.0 +0.0%

Subscription Status

Subscription data unavailable

Ameenji Rubber IPO Grey Market Premium (GMP) Today

GMP not available yet

Grey Market Premium is updated daily. Check back closer to the listing date.

About the Company

Incorporated in 2006, Ameenji Rubber Limited is engaged in the manufacturing and exporting of engaged in the manufacturing, supply, and export of rubber solutions for railways, infrastructure, and other commercial applications. The company offers elastomeric bridge bearings, POT-PTFE bearings, strip seal expansion joints, and various industrial rubber products. The company operates from a 40,000 sq. ft. facility in Nacharam, Hyderabad, with a production capacity of 10 to 14 tonnes per day. Their products are approved by the Ministry of Road Transport and Highways (MoRTH) and registered with the Research Designs and Standards Organisation (RDSO) under the Ministry of Railways. The company serves industries like Railways, Infrastructure, Construction, Oil & Gas, Energy, Fitness, and Dairy Farm, providing innovative solutions to Indian Railways and private organizations. Product Portfolio: Elastomeric Bridge Bearings:Designed to accommodate thermal expansion and horizontal rotation, enhancing structural integrity and extending bridge lifespan. POT-PTFE Bearings:Provide efficient load transfer and rotational movement in bridge structures. Industrial Rubber Sheets:Available in neoprene, EPDM, nitrile, and butyl rubber, suitable for various industrial applications Bridge Expansion Joints:Ensure smooth transition between bridge segments, accommodating movements due to thermal effects and traffic loads. As of June 30, 2025, the company has 54 employees on its payroll. Competitive Strengths: Strong portfolio and diverse range of rubber product Existing client relationship Diversified revenue from multiple geographies Quality Assurance through NABL-Accredited Laboratory Strong Regulatory Approvals and Industry Accreditation Strong Manufacturing Capabilities  

Company Financials (₹ Cr)

As of 2025-03-31

Period Ended 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 102.83 76.20 55.18
Total Income 94.43 84.24 74.21
Profit After Tax 8.03 4.31 3.50
EBITDA 18.59 8.46 12.14
NET Worth 22.18 14.15 9.84
Reserves and Surplus 13.90 5.87 7.54
Total Borrowing 45.90 34.95 21.50

Key Ratios

EPS

₹9.70

NAV

₹26.79

ROE

44.23%

ROCE

23.43%

RoNW

36.22%

P/B Value

3.73

P/E Ratio

10.31

Market Cap

₹112.80 Cr

PAT Margin

8.54%

Debt/Equity

2.07

Promoters

Mufaddal Najmuddin Deesawala, Sakina Mufaddal Deesawala, Fatema Mufaddal Deesawala and Zahra Mufaddal Deesawala

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding of Capital Expenditure towards Modernization of Existing Machinery and Procurement of New Machinery for new product Line-Conveyor Belting Unit. 16.69 2 Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company 5.95 3 General Corporate Purposes 3.44 4 Issue Expenses 3.92 Total 30.00

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income was ₹74.21 Cr in 31 Mar 2023, rising to ₹84.24 Cr by 31 Mar 2024, and further increasing to ₹94.43 Cr by 31 Mar 2025. This indicates a consistent growth in revenue over the periods.

Profit Trend

Profit After Tax was ₹3.50 Cr in 31 Mar 2023, increasing to ₹4.31 Cr by 31 Mar 2024, and further rising to ₹8.03 Cr by 31 Mar 2025. This shows a significant upward trend in profitability over the periods.

Valuation

The company's EPS is ₹9.70, with a P/E ratio of 10.31. This implies that the IPO is priced at roughly 10.31 times trailing earnings.

Grey Market Premium, Explained

The grey market refers to the unofficial trading of shares before they are listed on the stock exchange. Grey Market Premium (GMP) indicates the expected listing price of an IPO based on demand in the grey market. A positive GMP suggests strong demand, while a negative GMP indicates weak demand.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy, considering the company's growth potential and market conditions.

Who May Want to Wait

Investors who prefer stable returns and are risk-averse may want to avoid IPOs with high volatility and uncertain market conditions.

IPO Timeline, Explained

The IPO opens for subscription on 26 September 2025 and closes on 30 September 2025. Allotment of shares will be finalized by 1 October 2025, with the listing date scheduled for 6 October 2025.

Listing Gains — The Risk

Listing-day gains can be unpredictable and depend on various factors, including market conditions and investor sentiment. While some IPOs may experience significant gains on their first day of trading, others may not perform as expected, leading to potential losses.

This evaluation is generated from Ameenji Rubber's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is the price band of Ameenji Rubber IPO?

The price band of Ameenji Rubber IPO is ₹95.0–₹100.0 per share.

When does Ameenji Rubber IPO open and close?

Ameenji Rubber IPO opens on 26 September 2025 and closes on 30 September 2025.

When does Ameenji Rubber IPO list on the stock exchange?

Ameenji Rubber IPO listed on 06 October 2025 at ₹100.0.

What is the lot size for Ameenji Rubber IPO?

The lot size for Ameenji Rubber IPO is 1200 shares, requiring a minimum investment of ₹240,000 (2 lots).

What is the price band for the Ameenji Rubber IPO?

The price band for the Ameenji Rubber IPO is ₹95 to ₹100.

What is the minimum investment required for this IPO?

The minimum investment required for this IPO is ₹240,000.

What is the lot size for the Ameenji Rubber IPO?

The lot size for the Ameenji Rubber IPO is 1,200 shares.

When is the listing date for the Ameenji Rubber IPO?

The listing date for the Ameenji Rubber IPO is 6 October 2025.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected listing price of an IPO based on demand in the grey market.

Issue Details

Issue Type SME Book Built
Issue Size ₹30.0 Cr
Price Band ₹95.0 – ₹100.0
Issue Price ₹100.0
Lot Size 1,200 shares
Min Investment ₹240,000 (2 lots minimum)
Exchange BSE SME
Sector Rubber
Open Date 26 Sep 2025
Close Date 30 Sep 2025
Allotment 01 Oct 2025
Listing Date 06 Oct 2025

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Bigshare Services Pvt.Ltd.

Lead Managers / Book Running

Hem Securities Ltd.

IPO Timeline

Open

26 Sep 2025

Close

30 Sep 2025

Allotment

01 Oct 2025

Listing

06 Oct 2025

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