Aeroflex Industries Limited IPO GMP today, Date, Price,Review, Details

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Aeroflex Industries Limited IPO GMP today

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 Limited IPO GMP today
Aeroflex Industries Limited IPO GMP today

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

  • Plot No. 41, 42/13, 42/14 & 42/18,
  • near Taloja MIDC, Village Chal, Behind IGPL,
  • Panvel, Navi Mumbai – 410 208
  • Phone: +91 22 61467100
  • Email: [email protected]
  • Website: https://www.aeroflexindia.com/

 

Aeroflex Industries IPO Lead Manager

PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED

  • Reg. Office: Pantomath Nucleus House, Saki Vihar Road, Andheri East,
  • Mumbai – 400072 Maharashtra, India.
  • Telephone: +91-22 6194 6700, Email and Investor Grievance Id:
  • [email protected]
  • Website: www.pantomathgroup.com
  • Contact Person: Bharti Ranga
  • SEBI Registration No: INM000012110

 

Aeroflex Industries IPO FAQs

What is Aeroflex Industries IPO?

Aeroflex Industries IPO: A Main-Board Offering
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.

When Aeroflex Industries IPO will open?

The IPO is to open on August 22, 2023, for QIB, NII, and Retail Investors.

What is Aeroflex Industries IPO Size?

Aeroflex Industries IPO size is ₹351 crores.

What is Aeroflex Industries IPO Price Band?

Aeroflex Industries IPO Price Band is ₹102 to ₹108.