Aeroflex Industries IPO Details
Issue Date
--
Price Range
₹108
Lot Size
130
IPO Size
₹351.00 Cr
Aeroflex Industries IPO Listing Details
Listing On
31 Aug'23
Issue Price
--
Listed Price
₹ 190
Retail Gain/Listing Gain
▲75.93%
Schedule of Aeroflex Industries IPO
Start date
End date
Allotment of bids
Refund Initiation
Listing on exchange
31/08/2023
Company Background
Aeroflex Industries Ltd. manufactures and supplies environmentally friendly metallic flexible flow solution items. Flexible flow solutions play a critical role in the transfer of substances (air, liquid and solid) in any industrial or commercial ecosystem, connecting the origin and end points of various processes. Their product range encompasses a wide variety and serves more than 80 countries including Europe and USA, along with domestic markets.
The demand for flow solution products is apparent across various uses, such as fire sprinklers, gas supply, controlled aircraft airflow, and aviation fueling. The company’s adeptness at delivering customised solutions, extending to assembly levels, enables it to actively participate in the value chain of flexible flow solutions.
In the fiscal years 2023, 2022, and 2021, their exports amounted to ₹2,171.80 million, ₹2,035.59 million, and ₹1,171.15 million, forming 80.60%, 84.53%, and 80.90% of their operational revenue, respectively.
With that, let's take a look at the competitive strengths and risk factors for Aeroflex Industries Ltd:
Competitive Strengths
High entry and exit barriers
Primary manufacturer of flexible flow solutions
Global flexible flow solutions provider - Growth
Risk Factors
-
The majority of revenue is derived from export operations. Significant import duties or restrictions may impact operations.
-
No long-term contracts are in place with raw material suppliers.
-
The business depends on a single manufacturing facility.
Key Strategies
- Expand the portfolio to capitalise on large opportunities across industrial segments.
- Scale up in-house design and R&D efforts.
- Increase focus on global markets and enhance international presence.
Aeroflex Industries Ltd
Here are the key financials for Aeroflex Industries Ltd.
How to apply for IPO through ASBA
00m 58 s
Aeroflex Industries IPO FAQs
The Aeroflex Industries IPO opens for subscription from [-] to [-], with a total issue size of ₹351.00 Cr. The IPO price band is ₹108 to ₹0 per share with a lot size of 130. The company aims to list the shares on BSE & NSE on 31-08-2023.
The Aeroflex Industries IPO will open for subscription on [-] and will close on [-] for investors.
The minimum lot size for the Aeroflex Industries IPO is 130 equity shares, requiring a minimum investment of ₹[-] for retail investors applying in the IPO.
The price band of the Aeroflex Industries IPO has been fixed at ₹108 to ₹0 per equity share.
You can apply for the Aeroflex Industries IPO online through the Kotak Neo Website or the Kotak Neo App using UPI or ASBA during the IPO subscription period.
Aeroflex Industries IPO allotment will take place on [-].
You can check the Aeroflex Industries IPO allotment status online on the registrar’s website or on the NSE and BSE IPO allotment pages using your application number, PAN, or demat account details.
Aeroflex Industries shares will list on the stock exchanges on 31-08-2023.
The Aeroflex Industries Limited IPO has an issue size of Rs. 351 crores. The IPO opens for subscription on 22nd August and ends on 24th August 2023.
Link Intime India Private Limited is the registrar for this IPO.
You may read more about Aeroflex Industries Limited and its IPO from the company’s red herring prospectus (RHP) here:
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