Ameenji Rubber Lists at ₹101 on BSE SME, Gains 6% on Debut

Hyderabad, October 6, 2025: Ameenji Rubber Limited IPO made a strong debut on the BSE SME platform today, listing at ₹101 per share, marginally above its issue price of ₹100. The stock gained momentum immediately after listing, surging to ₹106.05 within 30 minutes, reflecting a 6.05% rise, before hitting the upper circuit limit.

As of 1:00 PM, the stock was trading firm at ₹106.05, up ₹6.05 from its issue price. The counter recorded a traded volume of 10.78 lakh shares and a turnover of ₹10.90 crore. During the session, the stock touched an intraday low of ₹96.05 and a high of ₹106.05, taking the company’s market capitalisation to ₹119.62 crore based on the listing price.

Established in 2006 and headquartered in Secunderabad, Telangana, Ameenji Rubber Limited produces rubber-derived engineering solutions for the railway and infrastructure sectors. The company produces elastomeric bridge bearings, POT-PTFE bearings, expansion joints, railway vestibules, and moulded rubber sheets. The promoters of the company — Mufaddal Najmuddin Deesawala, Sakina Mufaddal Deesawala, Fatema Mufaddal Deesawala, and Zahra Mufaddal Deesawala — together own a 67.72% post-issue holding.

Ameenji Rubber IPO Performance Recap

The ₹30 crore IPO of Ameenji Rubber Limited, open for subscription from 26 to 30 September 2025, witnessed strong investor participation with an overall subscription of 2.12 times the issue size. The Qualified Institutional Buyers (QIB) category led the demand, subscribing 3.79 times, while Non-Institutional Investors (NIIs) subscribed 2.28 times. The retail segment, however, showed moderate interest, with a subscription rate of 1.08 times. Hem Securities Limited served as the Book Running Lead Manager, and Bigshare Services Private Limited acted as the Registrar to the Issue.

Ameenji Rubber IPO Anchor Allocation

Ahead of the issue opening, the company raised ₹8.52 crore from anchor investors by allotting 8,52,000 shares at ₹100 each. Notable investors included Aarth AIF Growth Fund, Finavenue Capital Trust – Growth Fund, SB Opportunities Fund II, Sunrise Investment Trust – Sunrise Opportunities Fund, Tatwiyun AIF Trust – Anay Ageless Fund, Green SGR Opportunities Fund, and Polymath Global Securities Pvt. Ltd.

Ameenji Rubber enters the market on a steady footing after a strong debut and a well-supported subscription base, backed by experienced leadership. The company offers a range of rubber-based products and solutions catering to the transport sector, particularly within the railway and infrastructure segments. While its positioning indicates potential for future growth, sustaining performance will hinge on market demand and effective execution of its projects.

REF: https://www.bseindia.com/stock-share-price/ameenji-rubber-ltd/ameenji/544555/

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