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Aeroflex Industries Ltd.

Aeroflex Industries Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹108
₹108
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹108
Based on GMP
Min. Investment
₹14,040
1 lot × 130 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
22 Aug 2023
Close Date
24 Aug 2023
Allotment
29 Aug 2023
Listing Date
31 Aug 2023
Exchange
NSE & BSE
Price Band
₹108
Listing Price
See chart
Allotment Status
Price Band
₹108
Per share
Face Value
₹2 per share
 
Lot Size
130 Shares
per lot
Issue Size
3,25,00,000 shares (aggregating up to ₹351.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,040
1 lot
Post-IPO Holding
12,93,20,370 shares
Promoters
P/E (Pre)
40.91x
 
EPS (Pre)
₹2.64
 
UPI Deadline
2023-08-24
Mandate
Anchor AllotmentMon, 21 Aug 2023
Basis of AllotmentTue, 29 Aug 2023
Refund InitiationWed, 30 Aug 2023
Demat CreditThu, 31 Aug 2023
Listing DayThu, 31 Aug 2023
UPI Mandate Deadline2023-08-24
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares1,50,00,000 shares (aggregating up to ₹162.00 Cr)
Offer for Sale1,75,00,000 shares of ₹2 (aggregating up to ₹189.00 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Aeroflex Industries Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 24 Aug 2023.
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)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
32,500,000
100% ₹351.00
IPO Shares Offered
Aeroflex Industries Ltd. IPO total issue size: ₹351.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 32,500,000 ₹351.00
100.00%
* Based on upper price band ₹108 per share
Lot Size & Investment
Lot Size
130
Shares per Lot
Issue Price
₹108.00
Upper Band
Min Investment
₹14,040
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2260₹28,080
Retail (Max — 14 Lots)141,820₹196,560
S-HNI (Min — 15 Lots)151,950₹210,600
B-HNI (Min — 72 Lots)729,360₹1,010,880
* Issue Price ₹108 × Lot Size 130 shares
IPO Schedule
Anchor
21 Aug 2023
✓ Done
IPO Open
22 Aug 2023
✓ Done
IPO Close
24 Aug 2023
✓ Done
Allotment
29 Aug 2023
✓ Done
Refunds
30 Aug 2023
✓ Done
Demat Credit
31 Aug 2023
✓ Done
Listing Day
31 Aug 2023
✓ Done
Aeroflex Industries Ltd. — Live Price LIVE
₹108.00
INR · BSE
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Issue ₹108.00 Live Price
About Aeroflex Industries Ltd.
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. 
Objects of the Issue
1
1 Full or part repayment and/or prepayment of certain outstanding secured borrowings (including foreclosure charges, if any) availed by the Company
2
2 Funding working capital requirements of the Company
3
3 General corporate purposes and Unidentified Inorganic Acquisitions
Aeroflex Industries Ltd. Financials (Amount in Crore)
Revenue from Operations
₹241.0
31 Mar 2022
₹144.8
31 Mar 2021
₹144.9
31 Mar 2020
Profit After Tax (PAT)
₹27.5
31 Mar 2022
₹6.0
31 Mar 2021
₹4.7
31 Mar 2020
Particulars31 Mar 202031 Mar 202131 Mar 2022
Revenue from Operations 144.94 144.84 240.99
EBITDA N/A N/A N/A
Profit After Tax (PAT) 4.69 6.01 27.51
Net Worth 52.70 58.72 86.22
Total Assets 157.19 161.64 183.44
Reserves & Surplus N/A N/A N/A
Borrowings 63.46 53.07 39.13
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
26.43%
RoCE
31.96%
RoNW
26.43%
Debt/Equity
0.39
Issue Structure & Shareholding
Total Shares Offered3,25,00,000 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter HoldingN/A
Post-Issue Promoter Holding12,93,20,370 shares
P/BV RatioN/A
RoE26.43%
RoCE31.96%
Debt / Equity0.39
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Aeroflex Industries Ltd. IPO subscribed?

Aeroflex Industries Ltd. IPO is subscribed 1.00 times by Aug 24, 2023. 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 Aeroflex Industries Ltd. IPO retail subscription status?

The Aeroflex Industries Ltd. IPO retail category is subscribed 1.00 times as of 24 Aug 2023. The retail portion is oversubscribed.

How to subscribe Aeroflex Industries Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 22 Aug 2023 and closes 24 Aug 2023. Min investment: ₹14,040 (1 lot = 130 shares). UPI mandate: 2023-08-24.

How many times Aeroflex Industries Ltd. IPO subscribed?

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

How to check Aeroflex Industries Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 29 Aug 2023. Refunds: on 30 Aug 2023.

When Aeroflex Industries Ltd. IPO will be listed?

The Aeroflex Industries Ltd. IPO listing date is 31 Aug 2023, Thursday. Listed on: NSE & BSE. Issue price: ₹108. Estimated listing: ₹108. GMP: NIL.

When Aeroflex Industries Ltd. IPO close?

The Aeroflex Industries Ltd. IPO closes on 24 Aug 2023, Thursday. UPI mandate: 2023-08-24. Allotment: 29 Aug 2023. Listing: 31 Aug 2023.