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Aeroflex Industries Limited IPO

Aeroflex Industries Limited IPO

IPO Date :
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Allotment Date :
Listing Date :
List Price :
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Subscription:
Listed Price: ₹ 173.80 (+60.93%)

Aeroflex Industries Limited's has transitioned to a publicly listed entity following its IPO debut on 31-08-2023 at the NSE, BSE exchange. The public offering successfully raised 3,25,00,000 Shares, consisting of 1,50,00,000 Sharesin new capital and ₹189.00 Cr in existing shareholder sales.

The IPO featured a competitive price range of ₹102 to ₹108 and minimum application size of 130 shares. Market reception was evidenced through subscription activity between 22-08-2023 and 24-08-2023, reflecting investor appetite for the offering.

Allotment of shares was completed on 29-08-2023, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.

Aeroflex Industries 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
Aeroflex Industries IPO Key Performance Indicator
Company Financials ( In Crores )

Aeroflex Industries IPO About Company

Incorporated in 1993, Aeroflex Industries Limited (formerly Suyog Intermediates Pvt. Ltd.) manufactures and supplies eco-friendly metallic flexible flow solution products. Its product range includes braided and unbraided hoses, solar hoses, gas hoses, vacuum hoses, interlock hoses, hose assemblies, EGR tubes, expansion bellows, compensators, and related fittings, with over 1,700 SKUs as of March 31, 2023. The company operates a large certified manufacturing facility at Taloja, Navi Mumbai spread across 3,59,528 sq. ft. Aeroflex serves distributors, OEMs, fabricators, MRO companies, and industrial clients, and reported revenue of ₹2,694.78 million in FY23 and ₹2,409.92 million in FY22.


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


Aeroflex Industries IPO Strength Factors

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Aeroflex Industries IPO Risk Factors

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Aeroflex Industries IPO Promoter(s)

  1. Sat Industries Limited
  2. Italica Global FZC

Aeroflex Industries IPO Company Details

Aeroflex Industries Limited
Phone:
address:

Aeroflex Industries IPO Registrar

Link Intime India Private Limited
Name:
Phone:

Aeroflex Industries IPO FAQs