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Aartech Solonics Ltd.

Aartech Solonics Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹34
₹34
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹34
Based on GMP
Min. Investment
₹136,000
1 lot × 4000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
12 Mar 2019
Close Date
18 Mar 2019
Allotment
22 Mar 2019
Listing Date
27 Mar 2019
Exchange
BSE SME
Price Band
₹34
Listing Price
See chart
Allotment Status
Price Band
₹34
Per share
Face Value
₹10 per share
 
Lot Size
4,000 Shares
per lot
Issue Size
21,20,000 shares (aggregating up to ₹7.21 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹136,000
1 lot
Pre-IPO Holding
49,40,094 shares
Promoters
Post-IPO Holding
70,60,094 shares
Promoters
UPI Deadline
2019-03-18
Mandate
Anchor AllotmentMon, 11 Mar 2019
Basis of AllotmentFri, 22 Mar 2019
Refund InitiationMon, 25 Mar 2019
Demat CreditMon, 25 Mar 2019
Listing DayWed, 27 Mar 2019
UPI Mandate Deadline2019-03-18
Sale TypeFresh Capital
Net Offer to Public20,08,000 shares (aggregating up to ₹6.83 Cr)
Market Maker Quota1,12,000 shares (aggregating up to ₹0.3808 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Aartech Solonics Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 18 Mar 2019.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
112,000
₹0.38
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,120,000
100% ₹7.21
IPO Shares Offered
Aartech Solonics Ltd. IPO total issue size: ₹7.21 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 112,000 ₹0.38
5.28%
Total 2,120,000 ₹7.21
100.00%
* Based on upper price band ₹34 per share
Lot Size & Investment
Lot Size
4,000
Shares per Lot
Issue Price
₹34.00
Upper Band
Min Investment
₹136,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)28,000₹272,000
Retail (Max — 13 Lots)1352,000₹1,768,000
S-HNI (Min — 14 Lots)1456,000₹1,904,000
B-HNI (Min — 68 Lots)68272,000₹9,248,000
* Issue Price ₹34 × Lot Size 4,000 shares
IPO Schedule
Anchor
11 Mar 2019
✓ Done
IPO Open
12 Mar 2019
✓ Done
IPO Close
18 Mar 2019
✓ Done
Allotment
22 Mar 2019
✓ Done
Refunds
25 Mar 2019
✓ Done
Demat Credit
25 Mar 2019
✓ Done
Listing Day
27 Mar 2019
✓ Done
Aartech Solonics Ltd. — Live Price LIVE
₹34.00
INR · BSE
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Issue ₹34.00 Live Price
About Aartech Solonics Ltd.
Incorporated in 1982, Gwalior, Madhya Pradesh based Aartech Solonics Limited is a system solution oriented R&D enterprise in the field of specialized and selected energy appliances. It is involved in the manufacturing of electricity distribution & control apparatus [electrical apparatus for switching or protecting electrical circuits (e.g. switches, fuses, voltage limiters, surge suppressors, junction boxes etc.) for a voltage exceeding 1000 volts; similar apparatus (including relays, sockets etc.) for a voltage not exceeding 1000 volts; boards, panels, consoles, cabinets and other bases equipped with two or more of the above apparatus for electricity control or distribution of electricity including power capacitors.Some of the company's popular products and services include-1. BTS - 2000.2. Kranking Ultra Capacitors.3. Control Rely Panels.4. Load Checkers.The company also provide solutions and services for products of other companies like-1. GSUN Innovations2. Bestcase EnclosuresThe company's client base includes businesses from various industries like Defense, Railways, Power Generation, Heavy Earth Moving Equipments and Oil & Gas etc.Aartech's Innovations Lab is a 1000 sqft facility with all modern amenities required for laboratory operations. In November 2013, it was recognized by the Department of Science and Technology for its contribution in the field for R&D activities.The company has 55 full-time employees excluding 10 contract employees.
Objects of the Issue
1
1 Investment in wholly owned subsidiary company - “ M/s AIC - Aartech Solonics Private Limited”;
2
2 Investment in wholly owned subsidiary company - “M/s Faradigm Ultracapacitors Private Limited”
3
3 For General Corporate Expenses including Capital Expenditure & Research and Development Expenses
4
4 Working Capital Requirement
5
5 Meeting Public Issue Expenses.
Aartech Solonics Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹1,342.1
31-Mar-17
₹1,208.5
31-Mar-18
₹416.7
30-Sep-18
Profit After Tax (PAT)
₹30.1
31-Mar-17
₹117.6
31-Mar-18
₹60.1
30-Sep-18
Particulars30-Sep-1831-Mar-1831-Mar-17
Revenue from Operations 416.69 1208.50 1342.05
EBITDA N/A N/A N/A
Profit After Tax (PAT) 60.09 117.58 30.09
Net Worth N/A N/A N/A
Total Assets 1941.52 1938.08 1945.78
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered21,20,000 (100.00%)
Net Offer to Public20,08,000 shares (aggregating up to ₹6.83 Cr)
Reserved for Market Maker1,12,000 shares (aggregating up to ₹0.3808 Cr)
Pre-Issue Promoter Holding49,40,094 shares
Post-Issue Promoter Holding70,60,094 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Swastika Investmart Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Aartech Solonics Ltd. IPO subscribed?

Aartech Solonics Ltd. IPO is subscribed 1.00 times by Mar 18, 2019. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Aartech Solonics Ltd. IPO retail subscription status?

The Aartech Solonics Ltd. IPO retail category is subscribed 1.00 times as of 18 Mar 2019. The retail portion is oversubscribed.

How to subscribe Aartech Solonics Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 12 Mar 2019 and closes 18 Mar 2019. Min investment: ₹136,000 (1 lot = 4,000 shares). UPI mandate: 2019-03-18.

How many times Aartech Solonics Ltd. IPO subscribed?

The Aartech Solonics Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Aartech Solonics Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 22 Mar 2019. Refunds: on 25 Mar 2019.

When Aartech Solonics Ltd. IPO will be listed?

The Aartech Solonics Ltd. IPO listing date is 27 Mar 2019, Wednesday. Listed on: BSE SME. Issue price: ₹34. Estimated listing: ₹34. GMP: NIL.

When Aartech Solonics Ltd. IPO close?

The Aartech Solonics Ltd. IPO closes on 18 Mar 2019, Monday. UPI mandate: 2019-03-18. Allotment: 22 Mar 2019. Listing: 27 Mar 2019.