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AMIC Forging Limited IPO Review

Amice Forging Limited IPO was engaged in a forging industry manufacturer, creating precision machined components tailored to customer needs and international standards. Their products serve diverse sectors like Heavy Engineering, Steel, Oil and gas, Petrochemicals, Chemicals, Refineries, Power Plants, and more. Their specialty lies in making various forging components that meet global standards such as AISI, BS, IS, DIN, and more. They produce commonly used items like Rounds, Shafts, Blanks, and complete finished engineering spare parts including Gear couplings, Hubs, Rounds, Flanges, and other custom-engineered spares according to customer specifications.

amic forging private limited ensure international quality standards by inspecting each stage of the process. Materials only move to the next step after passing stage inspection, and samples are regularly tested during manufacturing. Every product undergoes testing to meet specified quality parameters or customer requirements. They are committed to providing high-quality products by overseeing raw material procurement, monitoring process parameters, and meeting statutory and regulatory standards. Their company has in-house testing standards to check raw materials, work-in-process materials, and finished products.

AMIC Forging Limited Products and Services

Amice Forging Limited Products and Services are skilled in crafting forged parts for a range of industries, including Heavy Engineering, Steel, Oil and gas, Petrochemicals, Chemicals, Refineries, Power Plants, and more. Amic Forging Pvt Ltd make what Their customers need using high and low-carbon steels, Alloy steels, Stainless steels, and other Special steels. At Amic Forging, their goal is to always make customers happy, take care of their employees, and make a positive impact on society and their country. They achieve this by providing top-notch products, delivering on time, and offering competitive prices.

AMIC Forgings excels in creating diverse forging components that meet global standards such as AISI, BS, IS, DIN, and more. They make commonly used items like Rounds, Shafts, Blanks, and complete finished engineering spare parts like Gear couplings, Hubs, Rounds, Flanges, and other customized engineering parts as per customer needs. Amic Forgings Pvt Ltd products are mainly crafted from carbon steel, alloy steel, stainless steel, nickel, and tool alloys. Their Competitive Strengths are Experienced Promoters, Integrated manufacturing facility, Long Standing Relationships with Customers, Quality Assurance, and Control. Their Business Strategies are Focused on Increase in Volume of Sales, continuing to strive for cost efficiency, Focus on consistently meeting quality standards, focusing on Advanced Products, increasing brand awareness.

Financial Overview

The company is in a tough market with some major competitors. The significant increase in profits since FY23 makes people question how long it can last. Looking at the earnings from FY24, it seems like the stock is already valued fairly. Investors who know their stuff might want to invest for the medium to long term for better returns.