IPO Schedule
1
Open
26 Sept
2
Close
30 Sept
3
Allotment
1 Oct
4
Listing
6 Oct
Ameenji Rubber Ltd IPO
Issue:₹100
List:₹101
CMP:₹120
NSELot: 1200Miscellaneous
LISTEDSME
Issue Price₹100
Listing₹101
Current₹120
Content
About Ameenji Rubber Ltd
Ameenji Rubber Ltd is an SME focused on the manufacturing and supply of rubber products. The company caters to a variety of industries, providing customized rubber solutions based on client specifications.
Subscription Status
QIB
1.84x
NII
0.93x
Retail
0.04x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 3.79x | 2.00x | 1.84x |
| NII | 2.74x | 0.91x | 0.93x |
| Retail | 1.08x | 0.17x | 0.04x |
| Total | 2.21x | 0.85x | 0.74x |
Risk Factors
•SME segment exposes the company to higher business risk and volatility compared to larger, more established players.
•Fluctuations in raw material prices (rubber) can impact profitability and margins.
•Dependence on a limited number of key clients could negatively affect revenue if relationships are disrupted.
Promoters & Management
The Key Managerial Personnel of the company include Mufaddal Najmuddin Deesawala, Chairman & Managing Director, Sakina Mufaddal Deesawala, Whole Time Director, Tejaswini Kandra, Chief Financial Officer, and Srinivasan Chakravarthi, Company Secretary and Compliance Officer. Mufaddal Najmuddin Deesawala has approximately 18 years of experience in manufacturing and trading rubber products and components. Sakina Mufaddal Deesawala has around 15 years of experience in the rubber products manufacturing industry. Tejaswini Kandra holds a Master's degree in Business Administration and has 4 years of experience in Accounts and Finance Management. Srinivasan Chakravarthi is a qualified Company Secretary with 40 years of experience in the Finance & Accounts, Corporate Legal and Secretarial areas. Mustafa Saifuddin Lokhandwala serves as the Vice President - Legal and Chief of Operations & Exports and has four years of experience in legal drafting, business development, and logistics.