Ameya Precision Engineers Limited traces its origins to a partnership firm established under the Indian Partnership Act, 1932. The Company was incorporated as Private Limited Company under the name 'Ameya Precision Engineers Private Limited' on December 06, 2012. Subsequently, Company converted into Public Limited Company on January 19, 2022 and upon conversion of status to Public Company, the name of the Company was changed to Ameya Precision Engineers Limited on January 25, 2022. The Company is promoted by Bipin Shirish Pande and Nikhil Shirish Pande. Presently, it is engaged in Manufacture Pump and Valve Components and Other Engineering Components used in Valve Industry etc. It operate a manufacturing facility at Village Kasurdi (KB), in Pune.
The Company is established in 1987 and mainly engaged in the business of manufacturing of Engineering Components. It includes mainly the manufacturing of shafts, stems, hard-facing and corrosion resistant overlays, precision trim parts and intricate assemblies. It also has a base of periodically audited machining sub-contractors, who assist in meeting customer workload, as and when required. The current facility resides in total area of 68,000 sq. ft., out of which current shop built up area is 27,000 sq. ft. & oce area is 7,200 sq.ft. It maintains a base of reliable material suppliers, foundries and casting suppliers who consistently provide high quality, independently certified materials of appropriate dimensions.
In 2012, ...Company acquired business of M/s. Ameya Engineering via Slump Sale Agreement dated April 01, 2013. The seller, M/s. Ameya Engineers, has been carrying on business of manufacturing of engineering, valve components and shafts and thereby exporting the same. Whereas, Company has purchased the entire running business as going concern, it was essentially a partnership with the same ownership being converted to a Private Limited Company.
The Company came up with an Initial Public Offer of 21,00,000 Equity Shares by raising funds aggregating to Rs. 7.14 Crore, comprising a Fresh Issue of 15,00,000 Equity Shares aggregating to Rs 5.10 Crore and 6,00,000 Equity Shares aggregating to Rs 2.04 Crore through Offer for Sale in August, 2022.
Ameya has advanced its manufacturing capabilities by incorporating 3D printing into its supply chain. This involves using 3D printed patterns for casting, followed by a finishing process at Ameya. The adoption of this technology enhances precision, flexibility, and efficiency in production.
The Company has undertaken a project for the Armament Research and Development Establishment (ARDE). It has acquired a land parcel at Taluka Bhor, in Pune District, Maharashtra in FY 2025.
FAQs on Ameya Precision Engineers Ltd
1. Can I buy Ameya Precision Engineers Ltd from PL Capital? ›
Yes, you can invest in Ameya Precision Engineers Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Ameya Precision Engineers Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Ameya Precision Engineers Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Ameya Precision Engineers Ltd pay dividends? ›
Ameya Precision Engineers Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Ameya Precision Engineers Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Ameya Precision Engineers Ltd. is ₹ 94 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Ameya Precision Engineers Ltd ? ›
The 52-week high and low of Ameya Precision Engineers Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
