Acme Universal's IPO faces low institutional demand and lacks a grey market premium, indicating potential listing day losses.
💪 Strengths
Established presence in PPE manufacturing
Diverse product range
⚠️ Weaknesses
Low profitability margins
High debt-to-equity ratio
🚀 Opportunities
Expansion in international markets
Growing demand for safety equipment
🛡️ Threats
Intense competition
Economic downturn affecting industrial demand
🎯 Objectives of the IPO
Requirement / Purpose
Amount (₹ Cr)
Funding capital expenditure requirements for the installation of solar power plant
₹3.62
Funding capital expenditure requirements towards installation of additional machinery
₹8.96
Funding incremental working capital requirements of the Company
₹8.00
Funding inorganic growth through unidentified acquisitions and other strategic initiatives and General corporate purposes
₹15.42
🏢 About Acme Universal
Company Overview & Business Profile
Founded in 2016, Acme Universal manufactures safety footwear for various industries. The company has shown revenue growth but modest profitability, with a focus on expanding its manufacturing capabilities.
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📈 About Acme Universal IPO
Issue Structure, View & Risks
The IPO aims to raise ₹36 crores entirely through a fresh issue. Despite a full subscription from HNIs, the lack of QIB interest and a low retail subscription suggest weak market confidence. The absence of a grey market premium further indicates potential listing day challenges.
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.
Founded in 2016, Acme Universal manufactures safety footwear for various industries. The company has shown revenue growth but modest profitability, with a focus on expanding its manufacturing capabilities.
The IPO aims to raise ₹36 crores entirely through a fresh issue. Despite a full subscription from HNIs, the lack of QIB interest and a low retail subscription suggest weak market confidence. The absence of a grey market premium further indicates potential listing day challenges.