Aeroflex Industries IPO Insights: The designated date for the Aeroflex Industries IPO has been solidified, poised for market entry on the 22nd of August, with its finale scheduled on the 24th of the same month. The ambitious target for the Aeroflex Industries IPO stands at approximately ₹351 crores, a sum to be garnered through a strategic IPO blueprint.
This blueprint entails a fresh capital injection of ₹160 crores, intertwined with an offer for sale encompassing 12,300,000 equity shares, each priced at ₹2. The distribution of quotas echoes as follows:
- Retail segment claims a 35% allotment
- QIB (Qualified Institutional Buyers) domain commands a 50% stake.
- HNI (High Net Worth Individuals) echelon captures 15%.
Aeroflex Industries IPO Review
Aeroflex Industries Limited stands as a prominent fabricator and distributor of eco-conscious metallic flexible flow solutions, catering expansively to both international and domestic market realms. The outreach of their merchandise spans across more than 80 nations, encompassing esteemed regions such as Europe, the United States, and various other locales. Their offerings find utility across a diverse spectrum of industries, facilitating the orchestrated conveyance of a myriad of substances, spanning the realms of air, liquid, and solid states.
Within the treasury of Aeroflex Industries’ product lineup lies an assortment replete with innovative solutions. This collection encompasses an array of offerings including braided hoses, unbraided hose variants, solar conduits, gas conduits, vacuum tubing, meticulously woven structures, interlocking hoses, assemblages of hoses, units tailored for lancing hose applications, sheathed hose assemblies, connectors designed for exhaust systems, exhaust gas recirculation (EGR) tubes, expansion bellows, compensators, and an array of closely associated terminal fittings.
Notably, as of January 31, 2023, the expansive product portfolio encompasses more than 1,700 distinct Product SKUs (Stock Keeping Units).
The sweeping expanse of industries that find utility in the wares of Aeroflex Industries encompasses a diverse array of sectors. These sectors include, but are not limited to, Fire Sprinklers, Aerospace and Defense, Semiconductors, Robotics and Automation, Hydrogen, Electric Mobility, HVAC (Heating, Ventilation, and Air Conditioning), Natural Gas Steel and Metal, Petrochemicals and Oil Refineries, Solar Energy, Bulk Terminal Handling, Chemicals, the realm of Food and Pharmaceuticals, Paper Manufacturing, and the domain of Pulp production.
Nestled within the environs of Taloja, Navi Mumbai, situated within the expansive state of Maharashtra, their sprawling manufacturing facility envelopes an impressive expanse spanning 3,59,528 square feet.
This multifaceted space houses not only the core manufacturing operations but also boasts an in-house Design and Research & Development laboratory, a specialized division focused on rigorous product testing, a dedicated enclave for storing finished products, and further spaces dedicated to safeguarding raw materials, spare components, and essential consumable.
Objective of the IPO
- Complete or partial settlement of specific secured borrowings, which may include the settlement of foreclosure fees if applicable, obtained by the enterprise.
- Allocation of resources to meet the company’s working capital necessities.
- Execution of overarching corporate initiatives, and Pursuit of potential acquisitions in the realm of inorganic growth.
Aeroflex Industries IPO Review (Apply or Not)
You may apply for the Aeroflex Industries IPO as company has the potential to give you good returns over the long period.
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% |
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 24, 2023 |
Basis of Allotment: | August 29, 2023 |
Refunds: | August 30, 2023 |
Credit to Demat Account: | August 31, 2023 |
IPO Listing Date: | September 1, 2023 |
Aeroflex Industries IPO Form
Applying for the Aeroflex Industries IPO is a straightforward process. You have multiple avenues to choose from:
- ASBA Application: Utilize the ASBA (Application Supported by Blocked Amount) method through your bank account. Simply access your online bank login, navigate to the ‘Invest’ section, and select the Aeroflex Industries IPO for application.
- IPO Forms via NSE and BSE: Alternatively, you can opt to apply for the Aeroflex Industries IPO by downloading IPO forms directly from the NSE and BSE platforms. These forms are easily accessible. Visit the respective links for BSE Forms and NSE Forms, procure the blank IPO forms, complete them accurately, and submit them either to your bank or through your designated 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 – FY2022-23
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 |
Aeroflex Industries 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: corporate@aeroflexindia.com
Website: https://www.aeroflexindia.com/
Aeroflex Industries IPO Current GMP
To check the current/latest GMP price of the IPO, please check this IPO GMP page.
Aeroflex Industries IPO FAQs
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.
The IPO is expected to open on 22nd August 2023 for QIB, NII and Retail investors.
CAGR for last 3 years is around 37%, 20% EBITA and 32% ROCE is a good number to invest for.
Company intends to raise Rs. 351 crores via this IPO with price band of Rs. 102 to 108. The IPO opens on 22nd August and closes on 24th August 2023.