The IPO date for Aeroflex Industries has been scheduled; the IPO will open on August 21 and finish on August 23. Aeroflex Industries IPO is expected to raise roughly Rs 351 crores through an IPO that includes a fresh issue of 160 crores and an offer for sale of up to 12,300,000 equity shares at $2 each. The retail share is 35%, the QIB share is 50%, and the HNI share is 15%.
Aeroflex Industries Limited is a manufacturer and supplier of environmentally friendly metallic flexible flow solution products to both domestic and global markets. They sell their products in over 80 countries, including Europe, the United States, and others. They sell their products to a wide range of industries for the controlled flow of various substances, such as air, liquids, and solids. Aeroflex Industries’ product line includes braided and unbraided hoses, solar hoses, gas hoses, vacuum hoses, braiding, interlock hoses, hose
assemblies, and lancing hose assemblies, jacketed hose assemblies, exhaust connectors, exhaust gas recirculation (EGR) tubes, expansion bellows, compensators, and related end fittings. We had more than 1,700 Product SKUs (stock-keeping units) in their product portfolio as of January 31, 2023.
Their products are used in the following industries: Fire Sprinklers, Aerospace and defense, Semiconductors, Robotics and Automation, Hydrogen, Electric Mobility, HVAC, Natural gas, Steel and Metal, Petrochemicals and Oil Refineries, Solar, Bulk Terminal Handling, Chemicals, Food and Pharmaceuticals, paper, and Pulp. Their manufacturing plant, located in Taloja, Navi Mumbai, Maharashtra, is 3,59,528 square feet in size. Their manufacturing facility also includes an in-house Design and R&D laboratory, a product testing department, a separate finished product storage area, and a storage room for raw materials, spares, and consumables.
Objects of the Issue
- Full or part repayment and/or prepayment of certain outstanding secured borrowings (including foreclosure charges, if any) availed by the company,
- Funding working capital requirements of the company, and
- General corporate purposes and Unidentified Inorganic Acquisitions.
Aeroflex Industries IPO Review (Apply or Not)
- To be updated soon
Aeroflex Industries IPO Date & Price Band Details
| IPO Open: | August 21, 2023 |
| IPO Close: | August 23, 2023 |
| Lot Size: | 130 Shares |
| Fresh Issue: | Approx ₹160 Crores |
| Offer for Sale: | Approx 12,300,000 Equity Shares |
| Face Value: | ₹2 Per Equity Share |
| IPO Price Band: | ₹102 to ₹108 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
Brokerage Firm IPO Review
- Capital Market: To be updated soon
- Religare Broking: To be updated soon
- Hem Securities: To be updated soon
- Arihant Capital: To be updated soon
Aeroflex Industries IPO Market Lot
The Aeroflex Industries IPO minimum market lot is 130 shares with ₹14,040 application amount. Retail investors can apply for up to 13 lots with 1820 shares or ₹196,560.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
Aeroflex Industries IPO Allotment & Listing Dates
The Aeroflex Industries IPO date is August 21, and the close date is August 23. The Aeroflex Industries IPO allotment will be finalized on August 28 and the IPO listing on August 31.
| Price Band Announcement: | 2023 |
| Anchor Investors Allotment: | August 18, 2023 |
| IPO Open Date: | August 21, 2023 |
| IPO Close Date: | August 23, 2023 |
| Basis of Allotment: | August 28, 2023 |
| Refunds: | August 29, 2023 |
| Credit to Demat Account: | August 30, 2023 |
| IPO Listing Date: | August 31, 2023 |
Aeroflex Industries IPO Form
How to apply for the Aeroflex Industries IPO? –> You can apply for Aeroflex Industries IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Aeroflex Industries IPO in the Invest section. The other option is you can apply for Aeroflex Industries IPO via IPO forms downloaded via NSE and BSE. Check out the Aeroflex Industries forms.
Aeroflex Industries Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹145 | ₹135 | ₹6.01 |
| 2022 | ₹241 | ₹205 | ₹27.51 |
| 2023 10M | ₹220 | ₹186 | ₹22.31 |
Aeroflex Industries IPO Valuation – FY2022
Check Aeroflex Industries IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹2.41 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 31.90% |
| Net Asset Value (NAV): | ₹7.54 per Equity Share |
Peer Group
- NA
Company Promoters
- SAT INDUSTRIES LIMITED
Aeroflex Industries IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/mipo/ipoallotment.html
Company Address
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 Managers aka Merchant Bankers
- Pantomath Capital Advisors Pvt Ltd
Aeroflex Industries IPO FAQs :
Q1. What is Aeroflex Industries IPO?
Ans. Aeroflex Industries IPO is a main-board IPO. They are going to raise ₹351 Crores via IPO. The issue is priced at ₹102 to ₹108 pr equity share. The IPO is to be listed on BSE & NSE.
Q2. When Aeroflex Industries IPO will open?
Ans. The IPO is to open on August 21, 2023 for QIB, NII, and Retail Investors.
Q3. What is Aeroflex Industries IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. How to Apply the Aeroflex Industries IPO?
Ans. You can apply for Aeroflex Industries IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Aeroflex Industries IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Aeroflex Industries”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Aeroflex Industries IPO through Upstox?
Ans. Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Aeroflex Industries”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Aeroflex Industries IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Aeroflex Industries”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Aeroflex Industries IPO Size?
Ans. Aeroflex Industries IPO size is ₹351 crores.
Q9. What is Aeroflex Industries IPO Price Band?
Ans. Aeroflex Industries IPO Price Band is ₹102 to ₹108.
Q10. What is Aeroflex Industries IPO Minimum and Maximum Lot Size?
Ans. The minimum bid is [Rs 102×130] Shares with ₹13,260 amount while the maximum bid is [Rs 108×130] shares with ₹14,040.
Q11. What is the Aeroflex Industries IPO Allotment Date?
Ans. Aeroflex Industries IPO allotment date is August 28, 2023.
Q12. What is the Aeroflex Industries IPO Listing Date?
Ans. Aeroflex Industries IPO listing date is August 31, 2023. The IPO is to list on BSE and NSE.
