Aartech Solonics is incorporated 1982 based in Gwalior, Madhya Pradesh. The company is a manufacturer of electricity distribution and control apparatus and more products. The company products used in industries like Defence, Railways, Power Generation, Heavy Earth Moving Equipment and Oil & Gas, Etc. They have over 50 employees. Aartech Solonics ipo is starting from 21-Feb and ends on 26-Feb. The price band is around Rs.34 with 4000 market lot. The ipo size is around Rs.7.21 crore rupees.
IPO Review:
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Aartech Solonics IPO Dates & Price Band:
- IPO Open: 21-February-2019
- IPO Close: 26-February-2019
- IPO Size: Approx Rs.7.21 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.34 Per Equity Share
- Listing on: BSE SME
- Shares: 21,20,000
- Retail Portion: 50%
IPO Market Lot:
- Shares: Apply for 4,000 Shares (Minimum Lot Size)
- Amount: Rs.1,36,000
IPO Allotment & Listing:
- Basis of Allotment: 01-March-2019
- Refunds: 05-March-2019
- Credit to demat accounts: 05-March-2019
- Listing: 08-March-2019
Financial Results:
| Rs. in Crore | |||||
| Revenue | Expense | PAT | |||
| 2014 | 9.54 | 10.22 | -0.70 | ||
| 2015 | 9.94 | 8.52 | 1.12 | ||
| 2016 | 10.26 | 10.00 | 0.23 | ||
| 2017 | 13.42 | 13.10 | 0.30 | ||
| 2018 | 12.08 | 10.71 | 1.18 | ||
Aartech Solonics IPO Important Links:
Aartech Solonics IPO Allotment Status:
Company Promoters:
- Anil Anant Raje
- Chhaya Raje
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus
IPO Registrar:
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai – 400 059
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
IPO Lead Managers:
- SWASTIKA INVESTMART LIMITED
Company Address:
Aartech Solonics Limited
E-2/57, Ashirvad Arera Colony
Bhopal MP- 462016
Phone: +91 – 755 -2463593
Email: [email protected]
Website: http://www.aartechsolonics.com/
