Amtech Esters IPO
Market Sentiment
IPO Details
IPO Reservation
Financial Analysis
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 27.24 | 36.97 | 40.75 |
| Expense | 23.84 | 31.81 | 35.01 |
| Profit (PAT) | 2.84 | 3.72 | 4.22 |
| Total Assets | 24.79 | 27.86 | 34.47 |
Promoters: Ajit Singh Bawa, Gurpreet Kaur Bawa and Meenakshi Sharma
Strengths & Risks
- Solid profit margin — 10.4%.
- Strong return on equity — 24%.
- Low leverage — debt/equity of 0.17.
Risk signals for Amtech Esters will appear here as subscription, valuation and GMP data arrive. Always read the company-specific risk factors in the RHP before you apply.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Amtech Esters, founded in May 2002, is one of the leading chemical manufacturing firms that manufactures Unsaturated Polyester Resins (UPRs). This chemical is used to make materials such as resin and fiberglass-reinforced plastic (FRP) products. The company’s product portfolio includes Unsaturated Polyester Resins, fibreglass, hardeners, silicones and other ancillary products used in various industrial applications. Amtech Esters also operates its business through its wholly owned subsidiary, Croda Pigments Private Limited (CPPL), which is involved in the manufacture of pigments used as colourants and additives in paints, varnishes, dyes, glues, gums and other chemical applications. Its manufacturing facilities are situated in Bahadurgarh, Jhajjar, Haryana, which comprises modern and automated plant and machinery.
| Purpose | Amount (Cr) |
|---|---|
| Investment in the subsidiary, namely Croda Pigments Private Limited, by way of debt:1.Towards capital expenditure requirements of the subsidiary;2.To meet the incremental working capital requirements of the subsidiary | 8.81 |
| Repayment or prepayment, in full or in part, of certain borrowings availed by the Company | 4.20 |
| Funding inorganic growth through unidentified acquisitions and general corporate purposes | - |
Resources & Documents
Amtech Esters Ltd., Flat No. 102, Plot No. A – 3,, Magnum House 1, Commercial Complex,, Karam Pura, West Delhi, New Delhi,, West Delhi, New Delhi, 110015
Amtech Esters is preparing a sme offering. The SME issue is scheduled to open for subscription on September 09, 2026 — 6 days from now.
Amtech Esters, founded in May 2002, is one of the leading chemical manufacturing firms that manufactures Unsaturated Polyester Resins (UPRs). This chemical is used to make materials such as resin and fiberglass-reinforced plastic (FRP) products.
The issue is promoted by Ajit Singh Bawa, Gurpreet Kaur Bawa and Meenakshi Sharma with Credora Partners Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards Investment in the subsidiary, namely Croda Pigments Private Limited, by way of debt:1.Towards capital expenditure requir… (Rs 9 crore) and Repayment or prepayment, in full or in part, of certain borrowings availed by the Company (Rs 4 crore).
On fundamentals, the company is posting revenue growth of 10.2%, a profit margin of 10.4%, return on equity of 24.2% in its most recent reported period.
All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Amtech Esters IPO GMP — What It Means
No active grey market premium has been recorded for Amtech Esters IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.
See the full Amtech Esters GMP history and trend, or learn how grey market premium works and how reliable it is.
Related IPO
No comments yet. Be the first to share your opinion!