Aartech Solonics Limited

Offer PeriodMar 12, 2019 – Mar 18, 2019

BSE - SMEListed

Listed Price

₹34.00

+0.00%

Price Band₹34 - ₹34

Lot Size4,000 Shares

Allotment DateMar 22, 2019

Listing DateMar 27, 2019

Subscription-

Issue Size₹7.00 Cr

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IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹0
(0.00%)

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Aartech Solonics Limited's successfully completed its Initial Public Offering and commenced trading on Mar 27, 2019 at the BSE exchange. The company raised 21,20,000 Shares through this public offering, comprising TBD in fresh capital.

The IPO was priced within the band of ₹34 to ₹34, with minimum application lots of 4000 shares. The offering attracted significant investor interest during its subscription period from Mar 12, 2019 to Mar 18, 2019.

Share allotment was finalized on Mar 22, 2019, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

Aartech Solonics IPO Details

IPO Date

Mar 12, 2019 to Mar 18, 2019

Allotment Date

Mar 22, 2019

List Date

Mar 27, 2019

Lot Size

4,000 share

Issue Price

₹34 - ₹34

Issue Size

21,20,000 (aggregating up to 7.00 Cr)

Fresh Issue

Offer For Sale

Listing At

BSE

Share Holding Pre-Issue

49,40,094

Share Holding Post-Issue

70,60,094

Market Marker Portion

1,12,000

First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.

Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	4000	1,36,000
HNI	2	8000	2,72,000

IPO Reservation

Shares21,20,000

Market Maker

5.28%(1,12,000)

HNI

47.36%(10,04,000)

RETAIL

47.36%(10,04,000)

Total

100.00%(21,20,000)

Aartech Solonics IPO Key Performance Indicators

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KPI

KPI
No data

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Company Financials (in Lakhs)

Period Ended	Sep-18	Mar-18	Mar-17	Mar-16	31-Mar-15	31-Mar-14

Period Ended	Sep-18	Mar-18	Mar-17	Mar-16	31-Mar-15	31-Mar-14
Assets	1,941.52	1,938.08	1,945.78	1,872.11	1,922.00	1,804.34
Revenue	416.69	1,208.50	1,342.05	1,025.84	994.35	953.79
Net Worth	0	0	0	0	0	0
profit After Tax	60.09	117.58	30.09	22.81	112.62	70.41
Reserves And Surpluse	0	0	0	0	0	0
Total Borrowing	0	0	0	0	0	0

Aartech Solonics IPO About Company

Incorporated in 1982, Gwalior-based Aartech Solonics Limited is an R&D-focused enterprise specializing in energy appliances and electricity distribution and control apparatus, including switches, fuses, voltage limiters, surge suppressors, relays, sockets, panels, and power capacitors. Its popular products include BTS-2000, Kranking Ultra Capacitors, Control Relay Panels, and Load Checkers, and it also provides solutions for products from companies like GSUN Innovations and Bestcase Enclosures. Serving clients across industries such as Defense, Railways, Power Generation, Heavy Earth Moving Equipment, and Oil & Gas, Aartech operates a 1,000 sq. ft. Innovations Lab recognized by the Department of Science and Technology in 2013 for its R&D contributions. The company employs 55 full-time staff along with 10 contract employees.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Aartech Solonics IPO Strength Factors

⚠️Aartech Solonics IPO Risk Factors

🏦Aartech Solonics IPO Lead Manager(s)

Swastika Investmart Limited

👤Aartech Solonics IPO Promoter(s)

Mr. Anil Anant Raje
Mrs. Chhaya Raje

🏢Aartech Solonics IPO Company Details

Aartech Solonics Limited

Email:compliance@aartechsolonics.com

Phone:+91 - 755 -2463593

Website:http://www.aartechsolonics.com/

address:E-2/57, Ashirvad Arera Colony Bhopal MP- 462016

📋Aartech Solonics IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited

Phone:+91-22-6263 8200

Email:ipo@bigshareonline.com

Website:https://ipo.bigshareonline.com/IPO_Status.html

❓Aartech Solonics IPO FAQs

Aartech Solonics IPO is a main-board IPO of 0 equity shares of the face value of ₹10 per share aggregating up to ₹0.00 crore shares. The issue is priced at ₹34 - ₹34 per share. The minimum order quantity is .The IPO opens on Mar 12, 2019, and closes on Mar 18, 2019. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.

Zerodha customers can apply online in Aartech Solonics IPO using UPI as a payment gateway. Zerodha customers can apply in Aartech Solonics IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Aartech Solonics IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Aartech Solonics IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

The Aartech Solonics IPO opens on Mar 12, 2019 and closes on Mar 18, 2019.

You can apply in Aartech Solonics IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Aartech Solonics IPO will be done on Mar 22, 2019, and the allotted shares will be credited to your demat account by Mar 22, 2019

Aartech Solonics IPO's listing date is Mar 27, 2019.

Aartech Solonics Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹0(0.00%)

Premium (ELP)

₹0
(0.00%)