Ameenji Rubber IPO
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Schedule of Ameenji Rubber
| Issue open date | 26 Sep 2025 |
| Issue close date | 30 Sep 2025 |
| UPI mandate deadline | 30 Sep 2025 (5 PM) |
| Allotment finalization | 01 Oct 2025 |
| Refund initiation | 03 Oct 2025 |
| Share credit | 03 Oct 2025 |
| Listing date | 06 Oct 2025 |
| Mandate end date | 15 Oct 2025 |
| Lock-in end date for anchor investors (50%) | 31 Oct 2025 |
| Lock-in end date for anchor investors (remaining) | 30 Dec 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Ameenji Rubber
Ameenji Rubber, established in 2006 and headquartered in Secunderabad, Telangana, specializes in manufacturing, supplying, and exporting rubber solutions for railways, infrastructure, and commercial applications. The company operates a 9,993 sq. meter manufacturing facility in Hyderabad with diverse product range including elastomeric bridge bearings, POT-PTFE bearings, expansion joints, rubber sole plates, railway vestibules, crossing pads, moulded and long-length rubber sheets, gym mats, and cow mats. These products serve railway coaches, sleepers, crossings, bridges, highways, and infrastructure projects across railways, construction, oil & gas, energy, fitness, and dairy farming sectors.
Financials of Ameenji Rubber
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹30 crores |
| Fresh Issue | ₹30 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Modernization of existing machinery and new conveyor belting unit | 14.92 (49.7%) |
| Repayment/pre-payment of borrowings | 5.00 (16.7%) |
|
General corporate purposes |
10.08 (33.6%) |
Strengths
- Strong presence in railway and infrastructure sectors with RDSO and MORTH certifications
- Diversified product portfolio spanning 15+ rubber products for various applications
- Established manufacturing facility with 9,993 sq. meter capacity in strategic Hyderabad location
- Export presence in 5+ countries with US subsidiary Ameenji Rubber Inc. in North Carolina
- In-house NABL accredited laboratory ensuring quality control and product compliance
Risks
- Dependence on railway and infrastructure sectors making business vulnerable to government spending cycles
- Competition from established domestic and international rubber product manufacturers
- Raw material price volatility affecting input costs and profit margins
- Limited diversification outside core rubber products segment
- Exposure to regulatory changes in railway and infrastructure standards
- Working capital intensive business model requiring continuous funding support
Allotment Status for Ameenji Rubber
To check your allotment status – click here.
Subscription Figures for Ameenji Rubber
As per media reports (Link), the Grey Market Premium (GMP) of Ameenji Rubber is reported at ₹0 over the IPO price. This metric is not reliable, and to track IPO interest, it is better to check subscription numbers published by exchanges, which are considered more reliable indicators.
Subscription numbers as of 5:00 PM on September 26, 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 5.68 | 10.44 | 1.84x |
| NII | 4.27 | 3.98 | 0.93x |
| Retail | 9.98 | 0.38 | 0.04x |
| Total | 19.94 | 14.80 | 0.74x |