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Allied Engineering Works IPO IPO

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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets548.99269.18148.23
Total Income720.08349.81164.86
Profit After Tax140.2647.411.02
EBITDA207.0172.7311.86
NET Worth213.5273.2525.79
Reserves and Surplus158.5267.7520.29
Total Borrowing66.9128.1430.40
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Omnitech Engineering Ltd.Mainboard₹583.00 Cr₹22754.47₹204.93-9.72%₹580.65 (+0.62%)
Epack Prefab Technologies Ltd.Mainboard₹504.00 Cr₹20429.49₹190.66-6.54%₹241.09 (-2.21%)
Aditya Infotech Ltd.Mainboard₹1,300.00 Cr₹67521.09₹1,082.65+60.39%₹3,446.30 (-1.17%)
Merritronix Ltd.SME₹70.03 Cr₹14911.83₹297.25+99.50%₹370.35 (-2.78%)
Adisoft Technologies Ltd.SME₹74.10 Cr₹17212.82₹215.25+25.15%₹181.90 (-0.44%)
Highness Microelectronics Ltd.SME₹21.67 Cr₹12016.7₹129.75+8.12%₹171.50 (-4.96%)
Tipco Engineering India Ltd.SME₹60.55 Cr₹898.73₹84.79-4.73%₹186.70 (-2.48%)
Gabion Technologies India Ltd.SME₹29.16 Cr₹8112.18₹93.41+15.32%₹87.00 (+4.97%)
Admach Systems Ltd.SME₹42.60 Cr₹23919.56₹200.75-16.00%₹399.40 (+1.25%)
Apollo Techno Industries Ltd.SME₹47.96 Cr₹1309.43₹151.95+16.88%₹80.60 (-4.87%)
HRS Aluglaze Ltd.SME₹50.92 Cr₹9626.07₹132.30+37.81%₹250.00 (+0.87%)
Purple Wave Infocom Ltd.SME₹31.45 Cr₹1269.33₹130.50+3.57%₹120.00 (+0.00%)
Shining Tools Ltd.SME₹17.10 Cr₹11416.18₹98.80-13.33%₹74.82 (-4.99%)
True Colors Ltd.SME₹127.96 Cr₹19114.66₹183.05-4.16%₹155.70 (+2.77%)
L.T.Elevator Ltd.SME₹39.37 Cr₹7812.31₹142.90+83.21%₹243.00 (-2.55%)
Airfloa Rail Technology Ltd.SME₹91.10 Cr₹1409.57₹279.30+99.50%₹336.30 (+0.57%)
Taurian MPS Ltd.SME₹42.53 Cr₹17111.29₹220.50+28.95%₹358.60 (-4.22%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Part financing the capital expenditure requirements for setting up manufacturing facilities for the production of: (a) smart gas meters, smart water meters, IoT solutions at the Kundli Facility116.75
2Part financing the capital expenditure requirements for setting up manufacturing facilities for the production of: (b) smart electricity meters at the Rai Facility99.71
3Funding future working capital requirements of the Company120.00
4General corporate purposes

About Allied Engineering Works IPO

Allied Engineering Works Ltd (AEW), specializes in smart metering and advanced system solutions. As per CRISIL report, AEW is one of the top five energy meter solutions provider company in India - with total installed manufacturing capacity of 7.29 million meters per annum as of March 31, 2025. Key offerings Smart Energy Meters: Single/three phase smart meter, LT-CT/HT-CT Smart meter, etc. Wires & Cables: Power & control cable, solar cable, etc. Advance automation solutions: DTMS, Feeder Monitoring System, etc. AMI Solutions: Communication Solutions, IT solutions, etc. As of March 31, 2025, supplied 2.92 million smart meters to one utility and 13 AMISPs for deployment across six Indian states —Andhra Pradesh, Gujarat, Maharashtra, Haryana, Punjab, and Uttar Pradesh. As of March 31, 2025, it has confirmed orders for 5.79 million smart energy meters worth ₹18,535.98 million, which includes supply of 0.43 million DT meters worth ₹2,029.10 million. The company has 3 state-of-the-art manufacturing facility across a total build up area of and also a tool room facility in Delhi. Competitive Strengths Largest and fastest-growing comprehensive smart energy meter solutions provider in India

Contact Details

Allied Engineering Works Ltd. AddressM-11,Badli Industrial EstateDelhi, New Delhi, 110042+91 11 4708 2775compliance@aewinfra.comVisit Website