| Company Name | Aeroflex Industries Limited |
| Open Date | 22-08-2023 |
| Close Date | 24-08-2023 |
| Exchange | BSE,NSE |
| Lot Size | 130 Shares |
| Issue Price | ₹102 to ₹108 per share |
| Issue Size | 3,25,00,000 Equity Shares |
| Application Amount | Min. Inv. - ₹ 14,040 (130 shares) Max. Inv. – ₹ 1,96,560 (1,820 shares) |
| Recommendation | Apply |
Company was incorporated in the year 1993 and has its registered office in Mumbai. Company is engaged in manufacturing and supplying of environment friendly metallic flexible flow solution products. The company exports the products to more than 80 countries including Europe, USA and others. The company is also into metallic flexible flow solutions made of SS.
The company have recently developed products made of bronze. The company supply the products to a wide spectrum of industries for controlled flow of all forms of substances including air, liquid and solid. As on March-23, Company has 57 employees on its payroll.
| For the Period Ended | Mar-21 | Mar-22 | Mar-23 |
| Total Assets | 16,164.20 | 18,343.70 | 21,397.70 |
| Net Assets | 5,871.70 | 8,622.30 | 11,409.30 |
| Total Borrowings | 5,306.80 | 3,912.70 | 4,500.60 |
| Total Revenue | 14,483.50 | 24,099.20 | 26,947.80 |
| Profit After Tax | 601.00 | 2,750.70 | 3,015.40 |
| Opening Date | 22/08/2023 |
| Closing Date | 24-08-2023 |
| Basis of Allotment | 29-08-2023 |
| Initiation of Refunds | 30-08-2023 |
| Credit of Shares to Demat | 31-08-2023 |
| Listing Date | 01-09-2023 |
| Full or part repayment and/or prepayment of certain outstanding secured borrowings. |
| Working Capital Requirements. |
| General corporate purposes and unidentified inorganic acquisitions. |
| Registered Office | 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 |
| corporate@aeroflexindia.com | |
| Website | https://www.aeroflexindia.com/ |
| Aeroflex Industries Limited DRHP |
| Aeroflex Industries Limited RHP |
| Name | Link Intime India Private Limited |
| Phone | +91-22-4918 6270 |
| aeroflexindustries.ipo@linkintime.co.in | |
| Website | https://linkintime.co.in/mipo/ipoallotment.html |
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| Pre Issue Share Holding (Promoters) | 91.09% |
| Post Issue Share Holding (Promoters) | 66.99% |