Aeroflex Industries Limited is a manufacturer and supplier of environment-friendly metallic flexible flow solution products catering to global as well as domestic markets. They export their products to more than 80 countries including Europe, the USA, and others. They supply their products to a wide spectrum of industries for the controlled flow of all forms of substances including air, liquid, and solid.
Aeroflex Industries’ 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 January 31, 2023, we had more than 1,700 Product SKUs (Stock Keeping Units) in their product portfolio.
The industries their products used are Fire Sprinklers, Aerospace and Defence, Semiconductors, Robotics and Automation, Hydrogen, Electric Mobility, HVAC, Natural Gas Steel and Metal, Petrochemicals and Oil Refineries, Solar, Bulk Terminal Handling, Chemicals, food, and Pharmaceuticals, Paper, and Pulp. Their manufacturing facility, located at Taloja, Navi Mumbai in the state of Maharashtra, is spread across 3,59,528 square feet of area. Their manufacturing facility also has an in-house Design and R&D laboratory, product testing department, dedicated finished product storage area, and storage area for raw materials, spares, and consumables.
Objects of the Issue
- Full or part repayment and/or prepayment of certain outstanding secured borrowings (including foreclosure charges, if any) availed by the company,
- Funding working capital requirements of the company, and
- General corporate purposes and Unidentified Inorganic Acquisitions.
Aeroflex Industries IPO Review (Apply or Not)
- May Apply
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Aeroflex Industries IPO Date & Price Band Details
IPO Open: | August 22, 2023 |
IPO Close: | August 24, 2023 |
IPO Size: | Approx ₹351 Crores |
Fresh Issue: | Approx ₹160 Crores |
Offer for Sale: | Approx 12,300,000 Equity Shares |
Face Value: | ₹2 Per Equity Share |
IPO Price Band: | ₹102 to ₹108 Per Share |
IPO Listing on: | BSE & NSE |
Retail Quota: | 35% |
QIB Quota: | 50% |
NII Quota: | 15% |
Discount: | N/A |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Aeroflex Industries IPO Market Lot
The Aeroflex Industries IPO minimum market lot is 130 shares with ₹14,040 application amount. The retail investors can apply up-to 14 lots with 1820 shares or ₹196,560 amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 130 | ₹14,040 |
Retail Maximum | 14 | 1820 | ₹196,560 |
S-HNI Minimum | 15 | 1950 | ₹210,600 |
B-HNI Minimum | 72 | 9360 | ₹1,010,880 |
Aeroflex Industries IPO Allotment & Listing Dates
The Aeroflex Industries IPO date is August 22 and the close date is August 24. The Aeroflex Industries IPO allotment will be finalized on August 29 and the IPO listing on September 1.
Price Band Announcement: | August 11, 2023 |
Anchor Investors Allotment: | August 21, 2023 |
IPO Open Date: | August 22, 2023 |
IPO Close Date: | August 23, 2023 |
Basis of Allotment: | August 29, 2023 |
Refunds: | August 30, 2023 |
Credit to Demat Account: | August 30, 2023 |
IPO Listing Date: | August 31, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Aeroflex Industries IPO Form
How to apply for the Aeroflex Industries IPO? You can apply for Aeroflex Industries IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Aeroflex Industries IPO in the Invest section. The other option is you can apply for Aeroflex Industries IPO via IPO forms downloaded via NSE and BSE. Check out the Aeroflex Industries forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Aeroflex Industries Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹145 | ₹135 | ₹6.01 |
2022 | ₹241 | ₹205 | ₹27.51 |
2023 10M | ₹220 | ₹186 | ₹22.31 |
Aeroflex Industries IPO Valuation – FY2022
Check Aeroflex Industries 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): | ₹2.41 per Equity Share |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 31.90% |
Net Asset Value (NAV): | ₹7.54 per Equity Share |
Peer Group
- NA
Company Promoters
- SAT INDUSTRIES LIMITED
Aeroflex Industries IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/mipo/ipoallotment.html
Aeroflex Industries IPO Allotment Status Check
Check Aeroflex Industries IPO allotment status on Linkintime website allotment URL. Click Here
Aeroflex Industries IPO Lead Managers aka Merchant Bankers
- Pantomath Capital Advisors Pvt Ltd
Company Address
Aeroflex Industries Limited
Plot No. 41, 42/13, 42/14 & 42/18,
near Taloja MIDC, Village Chal, Behind IGPL,
Panvel, Navi Mumbai – 410 208
Phone: +91 22 61467100
Email: [email protected]
Website: https://www.aeroflexindia.com/
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Note: The Aeroflex Industries IPO price band and date are officially announced. The IPO grey market premium (Aeroflex Industries IPO Premium) will be added to the IPO grey market page as it will start).
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