Aprameya Engineering IPO

Aprameya Engineering Ltd

₹1,12,000 /2000 sharesMinimum Investment

Aprameya Engineering IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹58.00₹72.00₹14.00 (24.14%)

Aprameya Engineering IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
25 Jul ‘24 - 29 Jul ‘24₹1,12,0002,000₹56 - ₹58
Issue SizeIPO Doc
29.23Cr
RHP PDF

About Aprameya Engineering

Aprameya Engineering operates in the critical healthcare infrastructure sector. It provides installation, setup, and maintenance services for intensive care units (ICUs), neonatal intensive care units (NICUs), paediatric intensive care units (PICU), and operation theatres (OTs), as well as prefabricated structure wards. The company works on a turnkey basis, primarily serving hospitals and medical care centres. It supplies high-value healthcare and diagnostic equipment to both private and government hospitals, as well as medical practitioners. Aprameya Engineering is also a dealer of medical equipment manufacturers and suppliers, such as Johnson & Johnson Private Limited and Stryker India Private Limited, among others. Aprameya Engineering's product and service portfolio is divided into two main segments: healthcare infrastructure development within medical facilities and the distribution of high-value medical equipment. This includes patient monitoring systems, cardiology devices, respiratory management systems, and radiology/imaging systems. ;
Founded in
2003
Managing director
Mr. Chetan Mohan Joshi
Parent organisation
Aprameya Engineering Ltd

Strengths & Financials of Aprameya Engineering

Strengths
Risks
The company’s portfolio includes high-value and fast-moving medical equipment and solutions like electrosurgical generators, electrosurgical units, CO2 insufflators, LED surgery lights, surgical and medical examination lights, ICU respiratory monitoring systems, ICU ventilation systems, anesthesia workstations, jaundice meters, anesthesia machines, and harmonic scalpels, among others.
It has distributorship agreements with suppliers like Johnson & Johnson Private Limited and Stryker India Private Limited. The company also maintains relations with other companies in the medical devices industry, such as Draeger Medical India Private Limited, Siemens Healthcare Private Limited, Schiller Healthcare India Private Limited, Epsilon, and Resmed.
Since 2020, the company has installed approximately 2,000 critical care beds, including in ICUs, NICUs, PICUs, and OTs. Revenue from these healthcare infrastructure projects rose from Rs 11.65 crore in FY21 to Rs 64.60 crore in FY23.
The company’s diversified client base consists of private and government hospitals, medical practitioners, medical colleges like AIIMS, and diagnostic centres nationwide.
The company has executed several turnkey projects, leading to partnerships with several governmental medical institutions in Rajasthan, including Dr. S N Medical College in Jodhpur, Government Medical College in Kota, RMSCL in Jaipur, RNT Medical College in Udaipur, and SMS Medical College in Jaipur.

Aprameya Engineering Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Aprameya Engineering IPO

Apply asPrice bandApply upto
Regular56 - 58₹2 Lakh
High Networth Individual56 - 58₹2 - 5 Lakh
For Aprameya Engineering IPO, eligible investors can apply as Regular.
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.4.6
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ

ABOUT GROWW