Amtech Esters IPO Day 1: Subscription Opens Today, 9 September 2026

September 9, 2026
Posted by: Kunal Singla
Category: IPO

Amtech Esters IPO opens today, 9 Sep 2026, closes 11 Sep 2026. Price band Rs 71-75. Lot size 1,600 shares. Lists on BSE SME on 17 Sep.

Quick Answer

The Amtech Esters IPO opens for subscription today, 9 September 2026, and will remain open until 11 September 2026. Amtech Esters Limited manufactures fiberglass raw materials including polyester resins, silicon based products, wax polish and brushes, and is raising about Rs 17.88 crore entirely through a fresh issue. The price band is set at Rs 71 to Rs 75 per share, with a lot size of 1,600 shares, and the shares are proposed to list on the BSE SME platform. Since bidding has only just opened, category wise subscription figures will start reflecting real demand as the day progresses, so investors should track the live numbers through the session before deciding.

Amtech Esters Limited, incorporated in 2002, has opened its IPO for subscription today, 9 September 2026. The Amtech Esters IPO is a book built SME issue worth about Rs 17.88 crore, comprising entirely a fresh issue of 23,84,000 shares, and will remain open for bidding until 11 September 2026. The equity shares are proposed to be listed on the BSE SME platform.

The company manufactures unsaturated polyester resins and complementary fibreglass reinforced plastics products used in applications ranging from FRP sheets and cooling towers to automobile components, garden furniture and bathtubs, and its subsidiary Croda Pigments Private Limited manufactures pigments for paints, varnishes and adhesives. The fresh issue proceeds of the Amtech Esters IPO are earmarked in part for investment in the subsidiary and repayment of certain borrowings.

Click Here – Get Free Investment Predictions

Table of Contents

Amtech Esters IPO Details

The table below sets out the key parameters of the issue, including the price band, lot size and important dates.

Open Date	9 September 2026
Close Date	11 September 2026
Face Value	Rs 10 per share
Price Band	Rs 71 to Rs 75 per share
Lot Size	1,600 shares
Issue Size	Rs 17.88 crore (entirely fresh issue)
Issue Type	Book Built Issue, SME
Listing At	BSE SME
Allotment Date	15 September 2026
Listing Date	17 September 2026

Amtech Esters IPO Quick Facts

Particulars	Snapshot
Minimum retail investment	Rs 2,40,000 (2 lots, 3,200 shares)
Minimum HNI investment	Rs 3,60,000 (3 lots, 4,800 shares)
Registrar	Maashitla Securities Pvt Ltd
Lead Manager	Credora Partners Pvt Ltd

This snapshot is meant as a quick reference alongside the fuller details table above, so investors scanning the issue on mobile can find the essentials without scrolling through the whole page.

Amtech Esters IPO Share Reservation

Of the net offer in the issue, qualified institutional buyers are allocated about 49.89 percent, non-institutional investors about 15.05 percent, and retail individual investors about 35.05 percent, alongside a separate market maker reservation.

Amtech Esters IPO Subscription Status Day 1

Bidding for the issue has opened today, 9 September 2026, so the category wise numbers below will fill in as the session progresses. QIB and larger HNI bids in SME issues can arrive at any point through the three day window.

Investor Category	Subscription Status, Day 1 (9 Sep)
Qualified Institutional Buyers (QIB)	Bidding just opened, updating through the session
Non-Institutional Investors (NII)	Bidding just opened, updating through the session
Retail Individual Investors	Bidding just opened, updating through the session
Overall	Bidding just opened, updating through the session

Track Subscription Status for the issue on the Univest Screener

How to Apply for the Amtech Esters IPO

Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 71 to Rs 75 band, in multiples of 1,600 shares.
Submit the application through the UPI-based ASBA method, which blocks the bid amount in your bank account rather than debiting it immediately.
Approve the UPI mandate on your phone before the daily cut off time, and remember the issue closes on 11 September.

Download the Univest iOS App or Univest Android App to apply for the issue on its opening day.

Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.

About Amtech Esters Limited

Amtech Esters Limited, incorporated in 2002, manufactures unsaturated polyester resins, silicon based products, wax polish and brushes used across fibreglass reinforced plastics applications such as cooling towers, automobile components, garden furniture, bathtubs and handicrafts. Its subsidiary, Croda Pigments Private Limited, manufactures pigments used in paints, varnishes, dyes and adhesives, and the company has reported steady revenue and profit growth ahead of the issue.

Conclusion

The issue has opened for bidding today, 9 September 2026, backed by a diversified fiberglass chemicals business with a supporting pigments subsidiary. Investors considering the issue should study the company’s small scale and SME liquidity risks alongside the financials in the RHP on bseindia.com, and apply only after independent due diligence.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

FAQs

What is the Amtech Esters IPO subscription status on Day 1?

Ans. The issue opened for bidding today, 9 September 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live QIB, NII and retail numbers on BSE as the day progresses.

When does the Amtech Esters IPO open and close?

Ans. The issue opened for subscription today, 9 September 2026, and will close on 11 September 2026, a standard three day bidding window for an SME issue.

What is the Amtech Esters IPO price band and lot size?

Ans. The issue price band is Rs 71 to Rs 75 per share, with a lot size of 1,600 shares. Retail investors must apply for a minimum of 2 lots, or 3,200 shares, taking the minimum investment to about Rs 2,40,000.

What is the issue size and structure of the Amtech Esters IPO?

Ans. The issue is entirely a fresh issue worth about Rs 17.88 crore, comprising 23,84,000 equity shares, with no offer for sale component.

How are shares reserved across investor categories in the Amtech Esters IPO?

Ans. Of the net offer in the issue, qualified institutional buyers are allocated about 49.89 percent, non-institutional investors about 15.05 percent, and retail individual investors about 35.05 percent.

What is the Amtech Esters IPO GMP?

Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision, especially this early in the bidding window.

How do I apply for the Amtech Esters IPO?

Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method. Select the IPO, enter your bid quantity in multiples of 1,600 shares and your price within the Rs 71 to Rs 75 band, then approve the UPI mandate request on your phone before the daily cut off.

When will the Amtech Esters IPO be allotted and listed?

Ans. The issue allotment is expected to be finalised on 15 September 2026, and the shares are tentatively scheduled to list on the BSE SME platform on 17 September 2026.

What does Amtech Esters Limited do?

Ans. Amtech Esters Limited manufactures fiberglass raw materials, including polyester resins, silicon based products, wax polish and brushes, used across applications such as cooling towers, automobile components and garden furniture, with a pigments manufacturing subsidiary.

Who are the registrar and lead manager for the Amtech Esters IPO?

Ans. Maashitla Securities Pvt Ltd is the registrar for the issue, and Credora Partners Pvt Ltd is the book running lead manager for the issue.

IPO

Author: Kunal Singla

Kunal Singla is the Associate Director - Research at Univest, leading quantitative equity research, intraday trading setups, and derivatives strategy. With 4+ years of experience in Indian equity markets, he combines rigorous quantitative methods with classical technical analysis to build high-conviction research frameworks for retail and advisory clients. He holds an MSc from the Indian Institute of Technology (IIT) Delhi — one of India's most selective institutions — and has completed the Certificate in Quantitative Finance (CQF), a globally recognised programme covering derivatives pricing, risk modelling, machine learning for finance, and advanced portfolio theory. This combination places him in a small group of Indian analysts with both deep academic training in quantitative methods and SEBI-recognised research credentials. Kunal holds seven SEBI-recognised NISM certifications spanning research, derivatives, portfolio management, and securities operations: Series-XV (Research Analyst), Series-XXI-A (Portfolio Managers), Series-XVI (Commodity Derivatives), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-V-A (Mutual Fund Distributors), and Series-I (Currency Derivatives). At Univest — India's SEBI-registered research and advisory platform — Kunal leads research inputs for Pro Lite, Pro Super, Pro Gold, and Pro Commodity advisory services, alongside publishing intraday stock picks on Univest Blogs.