Aeron Composite Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 27-08-2024 | 29-08-2024 | ₹10 per share | 0 | 1000 Shares | NSE SME | 4,488,000 shares (aggregating up to ₹56.10 Cr) | 2024-09-01 18:30:00 | 2024-09-02 18:30:00 | 2024-09-02 18:30:00 | 03-09-2024 |
About The Company
Aeron Composite IPO is a book built issue of Rs 56.10 crores. The issue is entirely a fresh issue of 44.88 lakh shares.
Aeron Composite IPO opens for subscription on August 28, 2024 and closes on August 30, 2024. The allotment for the Aeron Composite IPO is expected to be finalized on Monday, September 2, 2024. Aeron Composite IPO will list on NSE SME with tentative listing date fixed as Wednesday, September 4, 2024.
Aeron Composite IPO price band is set at ₹121 to ₹125 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹125,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹250,000.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2021 | 4360 | 7906 | 255 | 1208.23 | 1078.23 | 1042.7 |
| 30-03-2021 | 6063 | 10993 | 362 | 1557.35 | 1427.35 | 1225.55 |
| 30-03-2023 | 6910 | 18199 | 661 | 2535.96 | 2379.31 | 1399.62 |
| 28-02-2024 | 9979 | 18080 | 942 | 3478.19 | 3321.54 | 1208.23 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 27.82 |
| Non-Institutional Buyers | 75.53 |
| Investors | 33.77 |
| Total | 41.07 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | 125000 |
| Retail (Max) | 1 | 10000 | 125000 |
| HNI | 2 | 2000 | 250000 |
IPO Listing Details
| Listing Date | 03-09-2024 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price | 0 |
Promoter holdings
Dilipkumar Ratilal Patel, Chirag Chandulal Patel, Pankaj Shantilal Dadhaniya, Ravi Pankajkumar Patel and A. International Private Limited are the company's promoters.
Contact Information of the Company
Aeron Composite Limited
Saket Ind. Estate, Plot No. 30/31,
Sarkhej Bavla Highway, Village Moraiya,
Changodar, Ahmedabad - 382213
Phone: +91 9909988266
Email: cs@aeroncomposite.com
Website: https://www.aeroncomposite.com/
IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
IPO Lead Manager
Hem Securities Limited (Past IPO Performance)