Aztec Fluids & Machinery Limited IPO
- IPO Date10 May, 2024 to 14 May, 2024
- Listing Date17 May, 2024
- Face Value₹10 per share
- Issue Price₹63 to ₹67 per share
- Lot Size2000 Shares
- Minimum Investment₹1,34,000
- Listing AtBSE SME
- Total Issue Size36,00,000 Shares
(aggregating up to ₹24.12 Cr) - Fresh Issue36,00,000 Shares
(aggregating up to ₹24.12 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue1,00,00,000
- Shareholding post issue1,36,00,000
IPO Dates
Closing Date
14 May, 2024
Initiation of Refunds
16 May, 2024
Listing Date
17 May, 2024
10 May, 2024
Opening Date
15 May, 2024
Basis of Allotment
16 May, 2024
Credit of Shares
Aztec Fluids & Machinery Limited Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Max) | 1 | 2000 | ₹1,34,000 |
| Retail (Min) | 1 | 2000 | ₹1,34,000 |
| HNI (Min) | 2 | 4000 | ₹2,68,000 |
Aztec Fluids & Machinery Limited Promoter Holding
The promoters of the company are Pulin Kumudchandra Vaidhya, Amisha Pulin Vaidhya and Kumudchandra Bhagwandas Vaidya.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | - |
Aztec Fluids & Machinery Limited COMPANY INFORMATION
Aztec Fluids & Machinery IPO is a book built issue of Rs 24.12 crores. The issue is entirely a fresh issue of 36 lakh shares. Aztec Fluids & Machinery IPO bidding opened for subscription on May 10, 2024 and will close on May 14, 2024. The allotment for the Aztec Fluids & Machinery IPO is expected to be finalized on Wednesday, May 15, 2024. Aztec Fluids & Machinery IPO will list on BSE SME with tentative listing date fixed as Friday, May 17, 2024. Aztec Fluids & Machinery IPO price band is set at ₹63 to ₹67 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹134,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹268,000. Hem Securities Limited is the book running lead manager of the Aztec Fluids & Machinery IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Aztec Fluids & Machinery IPO is Hem Finlease. Refer to Aztec Fluids & Machinery IPO RHP for detailed information.
Founded in April 2010, Aztec Fluids & Machinery Limited provides a quality-assured assortment of Printers, Printer consumables, and Printer Spares to a diverse range of industries, including personal care, food and beverages, pharmaceuticals, construction materials, cables, wires, and pipes, metals, automotive and electronics, agrochemicals, and chemicals and petrochemicals.
The company's range of products includes various types of printers, namely continuous inkjet printers (CIJ), Thermal Transfer Over printers (TTO), Drop on demand printers (DOD), NIJ printers (i.e. piezoelectric printers), and laser printers. Additionally, the company offers printer inks and consumable items such as makeup and cleaning solvents.
The company exports its products to countries such as Sri Lanka, Nepal, Bhutan, Bangladesh, Kenya and Nigeria.
The company has its registered office in Ahmedabad and a warehouse in Kheda, Gujarat for storing imported printers.
As of December 31, 2023, The company had a team of 28 employees dedicated to sales and marketing, and 51 employees dedicated to after-sales service and support at client locations.
FAQs About Aztec Fluids Machinery Limited Ipo
Aztec Fluids & Machinery Limited IPO will open on 10 May, 2024 and close on 14 May, 2024. Investors must apply within this period to participate.
The Aztec Fluids & Machinery Limited IPO price band is set between ₹63.00 and ₹67.00 per share. The minimum lot size is 2000, requiring an investment of at least ₹134000.00.
The Aztec Fluids & Machinery Limited IPO shares are expected to be listed on 17 May, 2024, subject to regulatory approvals and final allotment.
You can track your Aztec Fluids & Machinery Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Aztec Fluids & Machinery Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.