The Airo Lam IPO date has been confirmed to have started on September 25, 2017 and ended on September 27, 2017. Read the post to learn about Airo Lam IPO GMP.
Airo Lam’s IPO is set to raise Rs 15.20 crore, with shares priced at ₹36 to ₹38 each. This presents an opportunity for investors to join the company’s growth trajectory. Retail investors can start with a minimum investment of ₹114,000, considering a lot size of 3000 shares. Market volatility poses difficulties for the Airo Lam’s IPO, but at the same time it can be an opportunity for skilled investors.
Start your investing journey today. How do you open your own demat account for free?
Bidding Dates
September 25-27
Price Range
₹36 to ₹38 per share
Face Value
₹10 per share
GMP
₹124.30
Airo Lam IPO GMP
The Airo Lam Limited IPO GMP Today is ₹124.30.
IPO Overview
Excited about the Airo Lam IPO? It’s generating quite a buzz, valued at Rs 15.20 crore. Bidding commenced on September 25, 2017, and closed on September 27, 2017. Post that, the shares debuted on the NSE SME on October 6, 2017. Wondering about the pricing? It’s set between ₹36 to ₹38 per share. Airo Lam Limited IPO GMP Today is ₹124.30. To get in on the action, ensure you apply for a lot size of 3000 shares. And for retail investors, the minimum commitment stands at ₹140,000. The Airo Lam’s IPO is management’s chance to explain their vision and plan to potential investors.
This company’s products reach across a wide spectrum of establishments such as homes, offices, schools, and hospitals, facilitated by a well-established dealer network. Their global outreach extends to nations like the UAE, Syria, and Singapore, backed by 70+ distributors and 4 stock locations across the country. The IPO plays an important role in managing investor demand and stabilizing the stock price of the company after it begins trading.
Airo Lam IPO Details
| IPO Date | September 25, 2017 to September 27, 2017 |
| Listing Date | October 6, 2017 |
| Face Value | ₹10 per share |
| Price Band | ₹36 to ₹38 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 4,000,000 shares (aggregating up to ₹15.20 Cr) |
| Issue Type | Book-Built Issue IPO |
| Listing At | NSE SME |
Airo Lam IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹114,000 |
| Retail (Max) | 1 | 3000 | ₹114,000 |
Airo Lam IPO Listing Details
| Listing Date | October 6, 2017 |
| BSE Script Code | |
| NSE Symbol | AIROLAM |
| ISIN | INE801L01010 |
| Final Issue Price | ₹38 per share |
Company Profile
Founded in 2007, Airo Lam Limited has established itself as a premier manufacturer and supplier of high-pressure ornamental laminates worldwide. Their extensive product line, featuring laminated sheets, pre-laminated boards, and laminated floorings, is distinguished by brands such as Classico, Airolam, and I-Lam. These laminates cater to a wide array of applications, enhancing spaces like kitchen furniture, bathroom fittings, interior doors, countertops, and wall linings. The company’s IPO marks an important milestone in its long march towards slowly reaching long-term strategic objectives become reality.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Airo Lam Ltd |
| Phone number | +91 2770-240572 |
| Email ID | [email protected] |
| Website | airolam.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Airo Lam IPO FAQs
When Airo Lam IPO will open?
The Airo Lam IPO opens on September 25, 2017 and closes on September 27, 2017.
What is the lot size of Airo Lam IPO?
Airo Lam IPO lot size is 3000 Shares, and the minimum amount required is ₹114,000.
When is Airo Lam IPO listing date?
The Airo Lam IPO listing date is on October 6, 2017.
