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Aartech Solonics Limited IPO

Aartech Solonics Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 34.00 (+0.00%)

Aartech Solonics Limited's successfully completed its Initial Public Offering and commenced trading on 27-03-2019 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 12-03-2019 to 18-03-2019.

Share allotment was finalized on 22-03-2019, 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
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.

IPO Reservation
Aartech Solonics IPO Key Performance Indicator
Company Financials ( in Lakhs )

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

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Aartech Solonics IPO Risk Factors

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Aartech Solonics IPO Lead Manager(s)

  • Swastika Investmart Limited

Aartech Solonics IPO Promoter(s)

  1. Mr. Anil Anant Raje
  2. Mrs. Chhaya Raje

Aartech Solonics IPO Company Details

Aartech Solonics Limited
Phone:
address:

Aartech Solonics IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

Aartech Solonics IPO FAQs