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Aeron Composite Limited IPO

Aeron Composite Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 150.00 (+20.00%)

The public market debut of Aeron Composite Limited's was completed on 04-09-2024 with its listing on the NSE exchange. The IPO process raised 44,88,000 Shares in total capital, consisting of 44,88,000 Shares in new equity.

The offering featured a price range of ₹121 to ₹125 and minimum application size of 1000 shares. Investor response during the subscription period from 28-08-2024 to 30-08-2024 influenced the final allotment ratios across investor categories.

Final allotment was announced on 02-09-2024, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.

Aeron Composite 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
Aeron Composite IPO Key Performance Indicator
Company Financials ( In Lakhs )

Aeron Composite IPO About Company

Aeron Composite Limited was founded in 2011 and specializes in making FRP (Fibre Reinforced Polymer) products used in various industries. They manufacture FRP pultruded products, FRP moulded gratings, and FRP rods, offering complete solutions from design and testing to manufacturing, installation, and after-sales service. Their production facility is located at Saket Industrial Estate, covering 26,320 square metres, and is ISO 9001:2015 certified. The company produces items like handrails, cable trays, fencing, poles, and solar panel mounting structures (MMS). As of July 31, 2024, the company had 433 employees working at different levels.


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


Aeron Composite IPO Strength Factors

  1. Global Presence: Earning revenue from different countries, establishing a strong market reach worldwide.
  2. Quality First: Always committed to delivering top-quality products and services.
  3. Wide Product Range: Offering a variety of Fiber Glass Reinforced Polymer (FRP) products for different industrial needs.

Aeron Composite IPO Risk Factors

  1. Capital Intensity: The business needs a lot of money to grow. If the company can't arrange more funds, it might slow down expansion and affect daily operations.
  2. International Exposure: Since a big part of the company's income comes from outside India, any negative global events or currency rate changes could impact its earnings.
  3. Rising Costs: Higher prices of raw materials and labor could hurt the company's profits and overall financial health.

Aeron Composite IPO Lead Manager(s)

  • Hem Securities Limited

Aeron Composite IPO Promoter(s)

  1. Dilipkumar Ratilal Patel
  2. Chirag Chandulal Patel
  3. Pankaj Shantilal Dadhaniya
  4. Ravi Pankajkumar Patel
  5. A. International Private Limited



Aeron Composite IPO Company Details

Aeron Composite Limited
Phone:
address:

Aeron Composite IPO Registrar

Maashitla Securities Private Limited
Name:
Phone:

Aeron Composite IPO FAQs