The Aztec Fluids & Machinery date has been confirmed from May 10, 2024 and closes on May 14, 2024. Read the post to learn about Aztec Fluids & Machinery IPO GMP.
Aztec Fluids & Machinery IPO is a fixed price issue of Rs 24.12 crores. The price band is set at ₹63 to ₹67 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹134,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹268,000.
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Key Details Of Aztec Fluids & Machinery IPO
Bidding Dates
May 10-14
Price Range
₹63 to ₹67 per share
Face Value
₹10 per share
GMP
₹54
Aztec Fluids & Machinery IPO GMP
The Aztec Fluids & Machinery IPO GMP is ₹54.
IPO Overview
Aztec Fluids & Machinery IPO is a book-built issuance worth Rs 24.12 crore. The issuance is wholly new, with 36 lakh shares. Aztec Fluids & Machinery’s initial public offering (IPO) will begin on May 10, 2024 and end on May 14, 2024. The allotment for the Aztec Fluids & Machinery IPO is expected to be completed on Wednesday, May 15, 2024. Aztec Fluids & Machinery’s IPO will be listed on BSE SME, with a tentative listing date of Friday, May 17, 2024.
The Aztec Fluids & Machinery IPO pricing range is established at ₹63 to ₹67 per share. The minimum lot size for an application is 2000 shares. The minimum investment for retail investors is ₹134,000. The minimum investment for HNI is 2 lots (4,000 shares) worth ₹268,000.
Aztec Fluids & Machinery IPO Details
IPO Date | May 10, 2024 to May 14, 2024 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price Band | ₹63 to ₹67 per share |
Lot Size | 2000 Shares |
Total Issue Size | 3,600,000 shares (aggregating up to ₹24.12 Cr) |
Fresh Issue | 3,600,000 shares (aggregating up to ₹24.12 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE SME |
Share holding pre issue | 10,000,000 |
Share holding post issue | 13,600,000 |
Market Maker portion | 182,000 shares |
Aztec Fluids & Machinery Limited Financial Information
Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
Assets | 4,287.00 | 3,090.06 | 2,707.75 | 2,112.81 |
Revenue | 5,182.38 | 5,452.97 | 4,642.56 | 3,467.75 |
Profit After Tax | 450.74 | 327.38 | 311.25 | 246.28 |
Net Worth | 1,986.34 | 1,535.60 | 1,238.56 | 958.92 |
Reserves and Surplus | 986.34 | 1,335.60 | 1,237.56 | 957.92 |
Total Borrowing | 565.95 | 562.31 | 552.40 | 514.34 |
Amount in ₹ Lakhs |
Aztec Fluids & Machinery IPO Timeline
IPO Open Date | Friday, May 10, 2024 |
IPO Close Date | Tuesday, May 14, 2024 |
Basis of Allotment | Wednesday, May 15, 2024 |
Initiation of Refunds | Thursday, May 16, 2024 |
Credit of Shares to Demat | Thursday, May 16, 2024 |
Listing Date | Friday, May 17, 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on May 14, 2024 |
Company Profile
Aztec Fluids & Machinery Limited, founded in April 2010, offers a quality-assured selection of Printers, Printer consumables, and Printer Spares to a wide range of industries, including personal care, food and beverages, pharmaceuticals, construction materials, cables, wires, and pipes, metals, automotive and electronics, agrochemicals, and chemicals and petrochemicals. The company’s product line includes a variety of printers, including continuous inkjet printers (CIJ), thermal transfer over printers (TTO), drop-on-demand printers (DOD), NIJ printers
(also known as piezoelectric printers), and laser printers. In addition, the company sells printer inks and consumable commodities including makeup and cleaning solvents. The company exports to Sri Lanka, Nepal, Bhutan, Bangladesh, Kenya, and Nigeria. The company’s registered office is in Ahmedabad, and it maintains a warehouse in Kheda, Gujarat, to store imported printers. As of December 31, 2023, the company employed 28 people in sales and marketing, as well as 51 in after-sales service and support at client locations.
Registrar Info
Name | Bigshare Services Pvt Ltd |
Phone number | +91-22-6263 8200 |
Email ID | [email protected] |
Website | ipo.bigshareonline.com |
Contact Details
Name | Aztec Fluids & Machinery Limited |
Phone number | +91-7048333211 |
Email ID | [email protected] |
Website | aztecindia.org |
IPO Strenghts
- 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.
Aztec Fluids & Machinery IPO FAQs
When Aztec Fluids & Machinery IPO will open?
The Aztec Fluids & Machinery IPO opens on May 10, 2024 and closes on May 14, 2024.
What is the lot size of Aztec Fluids & Machinery IPO?
Aztec Fluids & Machinery IPO lot size is 2000 Shares, and the minimum amount required is ₹134,000.
When is Aztec Fluids & Machinery IPO allotment?
The finalization of Basis of Allotment for Aztec Fluids & Machinery IPO will be done on Wednesday, May 15, 2024, and the allotted shares will be credited to your demat account by Thursday, May 16, 2024.
When is Aztec Fluids & Machinery IPO listing date?
The Aztec Fluids & Machinery IPO listing date is not yet announced. The tentative date of Aztec Fluids & Machinery IPO listing is Friday, May 17, 2024.