Aeroflex Industries Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹102 - ₹108
- Lot size
- 130 shares
- Issue amount
- ₹351 cr
- Total subscription
- 97.07×
- Opens
- 22 Aug 2023
- Closes
- 24 Aug 2023
- Allotment
- 29 Aug 2023
- Listing
- 31 Aug 2023
Offer at a glance
Issue overview
- Issue size
- 3,25,00,000 shares
- Face value
- ₹2 Per Share
- Minimum investment
- ₹13,260
- Fresh issue
- ₹162 cr
- Offer for sale
- ₹189 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,040
- Issue type
- Book Built Issue IPO
- Shares before issue
- 0
- Shares after issue
- 12,93,20,370
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 130 | ₹14,040 |
| sHNI | 15 | 1,950 | ₹2,10,600 |
| bHNI | 72 | 9,360 | ₹10,10,880 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 67.79 | 13,200.1 |
| RETAIL | 124.3 | 4,269.11 |
| HNIs 2+ | 17.76 | 2,249.48 |
| HNIs 10+ | 35.51 | 4,467.57 |
| Shareholder | 5.4 | 153.9 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 2.64 |
| ROE | 26.43 |
| ROCE | 31.96 |
| RONW | 26.43 |
| PRE IPO(PE) | 40.91 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 1993, Aeroflex Industries Limited (formerly Suyog Intermediates Pvt. Ltd.) manufactures and supplies eco-friendly metallic flexible flow solution products. Its product range includes braided and unbraided hoses, solar hoses, gas hoses, vacuum hoses, interlock hoses, hose assemblies, EGR tubes, expansion bellows, compensators, and related fittings, with over 1,700 SKUs as of March 31, 2023. The company operates a large certified manufacturing facility at Taloja, Navi Mumbai spread across 3,59,528 sq. ft. Aeroflex serves distributors, OEMs, fabricators, MRO companies, and industrial clients, and reported revenue of ₹2,694.78 million in FY23 and ₹2,409.92 million in FY22.
Promoters
Sat Industries Limited
Italica Global FZC
Registrar & documents
Lead manager
Pantomath Capital Advisors Privete Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. 41, 42/13, 42/14 & 42/18, near Taloja MIDC, Village Chal, Behind IGPL, Panvel, Navi Mumbai - 410 208
+91 22 61467100
[email protected]Company website ↗Understanding AEROFLEX IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.