Aeroflex Industries Limited

Aeroflex Industries Limited

  • IPO Date22 Aug, 2023 to 24 Aug, 2023
  • Listing Date31 Aug, 2023
  • Face Value₹2 per share
  • Issue Price₹102 to ₹108 per share
  • Lot Size130 Shares
  • Minimum Investment₹14,040
  • Listing AtBSE, NSE
  • Total Issue Size3,25,00,000 Shares
    (aggregating up to ₹351.00 Cr)
  • Fresh Issue1,50,00,000 Shares
    (aggregating up to ₹162.00 Cr)
  • Offer for Sale1,75,00,000 Shares
    (aggregating up to ₹189.00 Cr)
  • Issue TypeBook Built Issue IPO
  • Share holding pre issue11,43,20,370
  • Shareholding post issue12,93,20,370
IPO Dates

Closing Date

24 Aug, 2023

Initiation of Refunds

31 Aug, 2023

Listing Date

31 Aug, 2023

22 Aug, 2023

Opening Date

29 Aug, 2023

Basis of Allotment

31 Aug, 2023

Credit of Shares

UPI Mandate Expiry Date:24 Aug, 2023

Aeroflex Industries Limited Lot Size

The minimum lot size of this Aeroflex Industries IPO is 130 shares required is ₹14,040.

ApplicationLotsSharesAmount
Retail (Min)1130₹14,040
Retail (Max)141820₹1,96,560
S-HNI (Min)151950₹2,10,600
S-HNI (Max)719230₹9,96,840
B-HNI (Min)729360₹10,10,880

Aeroflex Industries Limited Promoter Holding

Sat Industries Limited and Italica Global FZC are the promoters of the company.

Pre Issue Share HoldingPost Issue Share Holding
91.09%66.99%
Key Performance Indicator
KPIValues
ROE26.43%
ROCE31.96%
RoNW26.43%
Pre IPOPost IPO
EPS (Rs)40.912.64
P/E (x) 40.912.64

Aeroflex Industries Limited COMPANY INFORMATION

Aeroflex Industries IPO is a Book Built Issue. The IPO total issue size is Rs 351.00 Cr. The Aeroflex Industries IPO price is ₹102 to ₹108 per share. The IPO will list on BSE, NSE.

Incorporated in 1993, Aeroflex Industries Limited, previously known as Suyog Intermediates Private Limited, manufactures and supplies environment-friendly metallic flexible flow solution products. The company's product list includes braided hoses, unbraided hoses, solar hoses, gas hoses, vacuum hoses, braiding, interlock hoses, hose assemblies, lancing hose assemblies, jacketed hose assemblies, exhaust connectors, exhaust gas recirculation (EGR) tubes, expansion bellows, compensators, and related end fittings. As on March 31, 2023, the company recorded more than 1,700 Product SKUs (Stock Keeping Units) in its product portfolio. Aeroflex Industries' manufacturing facility is located at Taloja, Navi Mumbai, Maharashtra, and is spread across 3,59,528 square feet of area. The facility is certified with Annex III, Module H of Directive 97/23/EC on Pressure Equipment, Management System as per ISO 9001:2015, Environmental Management System-ISO 14001:2015, ISO 45001:2015 (Occupational Health & Safety), Testing Certificate-Gas Hoses-1/2" NB Hose Assembly, NABL ISO /IEC 17025:2017, Statement of 153 Conformity for design, manufacturing, and testing of SS corrugated flexible Hose Assembly, Statement of Conformity for Quality Procedures applied standard EN ISO 10380:2012 and BS 6501-1 (E:2004), Certificate of Design Assessment required for quality management systems, environmental management systems, health and safety management systems. The company's clientele includes distributors, fabricators, Maintenance Repair and Operations Companies (MROs), Original Equipment Manufacturers (OEMs), and companies operating in a wide range of industries. Aeroflex recorded Rs. 2694.78 Lakhs in total revenue in Fiscal 2023 and Rs. 2409.92 Million in Fiscal 2022.

FAQs About Aeroflex Industries Limited Ipo

Aeroflex Industries Limited IPO will open on 22 Aug, 2023 and close on 24 Aug, 2023. Investors must apply within this period to participate.

The Aeroflex Industries Limited IPO price band is set between ₹102.00 and ₹108.00 per share. The minimum lot size is 130, requiring an investment of at least ₹14040.00.

The Aeroflex Industries Limited IPO shares are expected to be listed on 31 Aug, 2023, subject to regulatory approvals and final allotment.

You can track your Aeroflex Industries Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID

The Aeroflex Industries Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.