Established in 2010, Aztec Fluids & Machinery Limited provides coding and marking solutions to a diverse range of industries such as personal care, food & beverages, pharmaceuticals, construction materials, cables, wires & pipes, metals, automotive & electronics, agrochemicals, chemicals & petrochemicals, etc. Their product portfolio includes (i) printers such as continuous inkjet printers (CIJ), ThermalTransfer Over printers (TTO), Drop on demand printers (DOD), NIJ printers (i.e. piezoelectric printers) and laser printers (ii) printer inks, and (iii) printer consumable items i.e. makeup and cleaning solvents. Their range of products allows their customers to print vital variable information like batch number, date, price, logo, brand, size, barcodes, promotional codes, meter marks, special marks, etc. on products such as steel tubes, aluminum panels, G.I. sheets, laminates, glass, PVC, plywood, woven sac, corrugated boxes, plastics, and packing materials.
Since 2015, they have been an exclusive distributor of Lead Tech (Zhuhai) Electronic Co. Ltd., China for CIJ Printers, TTO Printers, and a range of associated equipment and accessories for various countries such as India, Sri Lanka, Nepal, Bhutan, Bangladesh, Kenya and Nigeria. The other type of printers such as DOD and NIJ are imported by them from other foreign suppliers. After the import of printers, based on the customers’ requirements they carry out certain functions such as printer configuration & stand installation on printers. They also carry out the necessary testing and trial runs to check the desired output of printers.
They procure inks from Fluidtech Corp (“Fluidtech”), a partnership firm of their Promoters, Mr. Pulin Vaidhya and Mrs. Amisha Vaidhya with which they have entered into a manufacturing and supply agreement dated December 22, 2023. Fluidtech specializes in manufacturing diverse colors of inks, including red, black, yellow, white, green, pink, and UV, which are used in the printers in which they deal. They also have a manufacturing setup at Vatva, Ahmedabad from where they manufacture printer consumable items i.e. makeup and cleaning solvents as well as inks on per per-require basis.
Objects of the Issue:
- Funding of the proposed acquisition of equity shares of Jet Inks Private Limited
- Repayment of a portion of certain borrowing availed by our Company
- General Corporate Purpose
Aztec Fluids & Machinery IPO Review
- May Apply
Aztec Fluids & Machinery IPO Date & Price Band Details
| IPO Open: | May 10, 2024 |
| IPO Close: | May 14, 2024 |
| IPO Size: | Approx ₹24.12 Crores, 3,600,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹63 to ₹67 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Aztec Fluids & Machinery IPO Market Lot
The Aztec Fluids & Machinery IPO minimum market lot is 2000 shares with a ₹134,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹134,000 |
| Retail Maximum | 1 | 2000 | ₹134,000 |
| S-HNI Minimum | 2 | 4000 | ₹268,000 |
Aztec Fluids & Machinery IPO Dates
The Aztec Fluids & Machinery IPO date is May 10 and the IPO close date is May 14. The IPO allotment date is May 15 and the IPO might list on May 17.
| IPO Open Date: | May 10, 2024 |
| IPO Close Date: | May 14, 2024 |
| Basis of Allotment: | May 15, 2024 |
| Refunds: | May 16, 2024 |
| Credit to Demat Account: | May 16, 2024 |
| IPO Listing Date: | May 17, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Aztec Fluids & Machinery IPO Form
How to apply Aztec Fluids & Machinery IPO? You can apply Aztec Fluids & Machinery IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Aztec Fluids & Machinery IPO in the Invest section. The other option you can apply Aztec Fluids & Machinery IPO via IPO forms download via the BSE website. Check out the Aztec Fluids & Machinery forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Aztec Fluids & Machinery Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹34.68 | ₹31.25 | ₹2.46 |
| 2022 | ₹46.43 | ₹42.29 | ₹3.11 |
| 2023 | ₹54.53 | ₹50.22 | ₹3.27 |
| December 2023 | ₹51.82 | ₹45.73 | ₹4.51 |
Aztec Fluids & Machinery IPO Valuation – FY2023
Check Aztec Fluids & Machinery IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹3.27 per Equity Share |
| Price/Earning P/E Ratio: | [.] |
| Return on Net Worth (RoNW): | 21.32% |
| Net Asset Value (NAV): | ₹15.36 per Equity Share |
Peer Group
- Control Print Limited
Company Promoters
- Pulin Kumudchandra Vaidhya
- Amisha Pulin Vaidhya
- Kumudchandra Bhagwandas Vaidya
Aztec Fluids & Machinery IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
Aztec Fluids & Machinery IPO Allotment Status
Check Aztec Fluids & Machinery IPO allotment status on Bigshare website URL. Click Here
Aztec Fluids & Machinery IPO Lead Managers aka Merchant Bankers
- Hem Securities Limited
Company Address
Aztec Fluids & Machinery Limited
Part H Plinth,4th Floor,
Takshashila Square, Near Krishnabag Four Rd
Maninagar, Ahmedabad,-380028
Phone: +91-7048333211
Email: [email protected]
Website: http://www.aztecindia.org/
