Aeroflex Industries IPO Date, Review, Price, Allotment Details

Aeroflex Industries IPO Details: Aeroflex Industries IPO date is fixed, the IPO is to hit the market on August 22 and will close on August 24. Aeroflex Industries IPO to raise around ₹351 crores via IPO that comprises fresh issue of ₹160 crores and offer for sale up to 12,300,000 equity shares ₹2 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Aeroflex Industries IPO

Table of Contents

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

Brokerage Firm IPO Review

  • AUM Capital: May Apply
  • Investmentz Ltd – Apply
  • Profitmart – Apply
  • Reliance Securities – Apply

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.

ApplicationLot SizeSharesAmount
Retail Minimum1130₹14,040
Retail Maximum141820₹196,560
S-HNI Minimum151950₹210,600
B-HNI Minimum729360₹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
YearRevenueExpensePAT
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/

Aeroflex Industries IPO FAQs

What is Aeroflex Industries IPO?

Aeroflex Industries IPO is a main-board IPO. They are going to raise ₹351 Crores via IPO. The issue is priced at ₹102 to ₹108 pr equity share. The IPO is to be listed on BSE & NSE.

When Aeroflex Industries IPO will open?

The IPO is to open on August 22, 2023 for QIB, NII, and Retail Investors.

What is Aeroflex Industries IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Aeroflex Industries IPO?

You can apply for Aeroflex Industries IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Aeroflex Industries IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Aeroflex Industries”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Aeroflex Industries IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Aeroflex Industries”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Aeroflex Industries IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Aeroflex Industries”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Aeroflex Industries IPO Size?

Aeroflex Industries IPO size is ₹351 crores.

What is Aeroflex Industries IPO Price Band?

Aeroflex Industries IPO Price Band is ₹102 to ₹108.

What is the Aeroflex Industries IPO Allotment Date?

Aeroflex Industries IPO allotment date is August 29, 2023.

What is the Aeroflex Industries IPO Listing Date?

Aeroflex Industries IPO listing date is August 31, 2023. The IPO is to list on BSE and NSE.

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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