Aeroflex Industries Limited (MAINBOARD)
Aug 22, 2023 - Aug 24, 2023
| Price | ₹102 - ₹108 |
| Premium | ₹73 |
|---|---|
| Lot size | 130 |
| Allotment | Aug 29, 2023 |
| Listing | Aug 31, 2023 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 130 | 14040 | 0 |
| sHNI | 15 | 1950 | 210600 | 0 |
| bHNI | 72 | 9360 | 1010880 | 0 |
Last Updated as on 24-Aug-2023 17:54:00
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 62,76,490 | 1,22,22,31,140 | 194.73 |
| HNIs | 49,32,353 | 62,19,48,990 | 126.1 |
| HNIs (10+L) | 32,88,236 | 41,36,63,510 | 125.8 |
| HNIs (2-10L) | 16,44,117 | 20,82,85,480 | 126.69 |
| Retail | 1,15,08,824 | 39,52,87,620 | 34.35 |
| Shareholders | 5,00,000 | 1,42,50,340 | 28.5 |
| Total | 2,32,17,667 | 2,25,37,18,090 | 97.07 |
| Category | Retail | sHNI | bHNI |
|---|---|---|---|
| Min Shares | 130 | 1950 | 9360 |
| Min Amount | 14040 | 210600 | 1010880 |
| Application Reserved | 86154 | 821 | 1641 |
| Subject 2 | |||
| FIX |
Incorporated in 1993, Aeroflex Industries Limited, previously known as Suyog Intermediates Private Limited, manufactures and supplies environment-friendly metallic flexible flow solution products.
The company's product list includes 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. As on March 31, 2023, the company recorded more than 1,700 Product SKUs (Stock Keeping Units) in its product portfolio.
Aeroflex Industries' manufacturing facility is located at Taloja, Navi Mumbai, Maharashtra, and is spread across 3,59,528 square feet of area. The facility is certified with Annex III, Module H of Directive 97/23/EC on Pressure Equipment, Management System as per ISO 9001:2015, Environmental Management System-ISO 14001:2015, ISO 45001:2015 (Occupational Health & Safety), Testing Certificate-Gas Hoses-1/2" NB Hose Assembly, NABL ISO /IEC 17025:2017, Statement of 153 Conformity for design, manufacturing, and testing of SS corrugated flexible Hose Assembly, Statement of Conformity for Quality Procedures applied standard EN ISO 10380:2012 and BS 6501-1 (E:2004), Certificate of Design Assessment required for quality management systems, environmental management systems, health and safety management systems.
The company's clientele includes distributors, fabricators, Maintenance Repair and Operations Companies (MROs), Original Equipment Manufacturers (OEMs), and companies operating in a wide range of industries.
Aeroflex recorded Rs. 2694.78 Lakhs in total revenue in Fiscal 2023 and Rs. 2409.92 Million in Fiscal 2022.
Aeroflex Industries IPO Details
Aeroflex Industries IPO is a Book Built Issue. The IPO total issue size is Rs [351 cr]. The Aeroflex Industries IPO price is [102] to [108] per share. The IPO will list on BSE, NSE.
| Issue Size | |
| Fresh Issue | [15000000] shares (aggregating up to ₹162.00 Cr) |
| Offer for Sale | 17500,000 shares of ₹2 (aggregating up to ₹[189] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 114,320,370 |
Aeroflex Industries IPO Reservation
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
Company Financials
| Period | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| Assets | 157.19 | 161.64 | 183.44 | 213.98 |
| Revenue | 144.94 | 144.84 | 240.99 | 269.48 |
| Profit | 4.69 | 6.01 | 27.51 | 30.15 |
| Net Worth | 52.70 | 58.72 | 86.22 | 114.09 |
| Reserves | ||||
| Borrowing | 63.46 | 53.07 | 39.13 | 45.01 |
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: aeroflexindustries.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html