Aeroflex Industries Limited IPO GMP: The Aeroflex Industries Initial Public Offering (IPO) opens on August 22, 2023, and close on August 24, 2023. The IPO has a total size of 351 Crore. The company has established its IPO price range at ₹102-108 per share.
Aeroflex Industries Limited IPO’s retail quota is 35%, QIB(Qualified Institutional Buyers) is 50%, and HNI(High Networth Individuals) is 15%.
Aeroflex Industries IPO Date, Price, GMP, Review, Details
Founded in 1993, Aeroflex Industries is engaged in the manufacturing and supply of environmentally friendly metallic flexible flow solution products. These products cater to both global and domestic markets. The company’s product range encompasses braided hoses, unbraided hoses, solar hoses, gas hoses, vacuum hoses, braiding, interlock hoses, hose assemblies, lancing hose assemblies, jacketed hose assemblies, exhaust connectors, exhaust gas recirculation (EGR) tubes, expansion bellows, compensators, and related end fittings.
Global Reach: Aeroflex Industries’ Exports to 80+ Countries, With Export Revenue Consistently Contributing to Total Operations
Aeroflex Industries exports its products to over 80 countries, including Europe and the USA. Export revenue accounted for 80.85%, 84.53%, 80.90%, and 74.74% of their total revenue from operations during the ten-month period ending on January 31, 2023, as well as in the fiscal years 2022, 2021, and 2020, respectively.
Aeroflex Industries IPO Date & Price Band
Aeroflex Industries IPO Date, Price, and details are given in the below table.
| IPO Opening Dates | 22-Aug-2023 |
| IPO Closing Dates | 24-Aug-2023 |
| Price Band | 102-108 Rs |
| Fresh issue | 162 Crore |
| OFS issue | 189 Crore |
| Total IPO size | 351 Crore |
| Minimum bid (lot size) | 130 Shares |
| Face Value | 2 INR Per Share |
| Issue Type | Book Built Issue IPO |
| Listing On | NSE, BSE |
Aeroflex Industries IPO Reservation category
Investors can apply for shares in one of the following categories:
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
Aeroflex Industries IPO Market Lot
The minimum market lot for the Aeroflex Industries IPO consists of 130 shares, requiring an application amount of ₹14,040. Retail investors have the option to apply for up to 14 lots, equivalent to 1820 shares or an amount of ₹196,560.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 130 | ₹14,040 |
| Retail Maximum | 14 | 1820 | ₹196,560 |
| S-HNI Minimum | 15 | 1950 | ₹210,600 |
| B-HNI Minimum | 72 | 9360 | ₹1,010,880 |
Aeroflex Industries Company Financial Report
Aeroflex Industries company’s 3 years consolidated financial reports are given below. Statistics are in Crore.
| Year | Revenue | Expense | Profit After Tax |
| 2021 | ₹145 | ₹135 | ₹6.01 |
| 2022 | ₹241 | ₹205 | ₹27.51 |
| 2023 | ₹220 | ₹186 | ₹22.31 |
Aeroflex Industries Company Financial Performance
| Year | EPS (Earnings Per Share) (₹) | NAV (Net Asset Value) (₹) | RONW(%) | Borrowings (Crores) |
| 31-Mar-21 | 0.53 | 5.14 | 10.24% | 53.07 |
| 31-Mar-22 | 2.41 | 7.54 | 31.90% | 39.13 |
| 31-Mar-23 | 1.95 | 9.29 | 21.00% | 45.01 |
Aeroflex Industries IPO GMP & Grey Market Premium
Aeroflex Industries IPO GMP Grey market premium has been started today. Check Latest Aeroflex Industries IPO GMP, Kostak Rates, and Subject to Sauda Price here.
Prospectus for the Aeroflex Industries IPO
Download AI IPO Prospectus here.
Aeroflex Industries IPO Reviews
- Angel Broking – Updated
- Choice Broking – Updated
- Prabhudas Lilladher – Updated
- Upstox – Updated
Aeroflex Industries IPO Allotment & Listing Schedule
The Aeroflex Industries IPO is scheduled to commence on August 22 and conclude on August 24. The allotment of shares for the Aeroflex Industries IPO will be determined by August 29, with the IPO set to be listed on September 1.
| Price Band Announcement: | August 11, 2023 |
| Anchor Investors Allotment: | August 21, 2023 |
| IPO Open Date: | August 22, 2023 |
| IPO Close Date: | August 23, 2023 |
| Basis of Allotment: | August 29, 2023 |
| Refunds: | August 30, 2023 |
| Credit to Demat Account: | August 31, 2023 |
| IPO Listing Date: | September 1, 2023 |
| Check Allotment Status | Click Here |
Aeroflex Industries Contact Details
|
Aeroflex Industries Limited
|
Aeroflex Industries IPO Lead Manager
|
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
|
Aeroflex Industries IPO FAQs
What is Aeroflex Industries IPO?
Aeroflex Industries is set to initiate a main-board IPO, with the aim of raising ₹351 Crores through this public offering. The IPO has been priced in the range of ₹102 to ₹108 per equity share. Post the IPO, the company’s shares will be listed on both the BSE and NSE.