Aeron Composite Limited

Aeron Composite Limited

SMEClosed

₹1,25,000(1,000 Shares)

Minimum Investment

IPO Dates

Aug 28, 2024 – Aug 30, 2024

Price Band

₹121–125 per equity share

Lot Size

1000

Listing

Sep 4, 2024

Listing At

NSE SME

Aug 28, 2024Open DateCompleted
Aug 30, 2024Close DateCompleted
TBAAllotment DateUpcoming
Sep 4, 2024Listing DateCompleted

Aeron Composite Limited Live Subscription Details

All IPOs
Retail34.06x
QIB / NII0.00x

Overall Subscription

Total Bids Received

38.45x

Aeron Composite Limited IPO Issue Details

Issue Price
₹121-125 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
44,88,000 shares(aggregating up to ₹56.1 crore)
Listing At
NSE SME
Listing Date
Sep 4, 2024
Registrar
Maashitla Securities Private Limited

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)11,000₹1,25,000
Retail (Max)11,000₹1,25,000
sHNI (Min)22,000₹2,50,000

Reservation Details

14.21%

NII

6.08L

18.93%

QIB

8.1L

28.38%

Anchor

12.14L

5.33%

Market Maker

2.28L

Company Information

Aeron Composite Limited was incorporated in 2011 and is involved in the manufacture and supply of glass fibre reinforced polymer products i.e. FRP products including FRP Pultruded Products, FRP Moulde...

Valuations

EPS (Pre-IPO)

5.28

EPS (Post-IPO)

6.04

P/E (Pre-IPO)

23.69

P/E (Post-IPO)

20.7

RoNW

27.09%

PAT Margin

5.26%

P/B Value

4.50

Objectives of the Issue

  1. 1Funding the Capital Expenditure requirements towards setting up of an additional manufacturing unit
  2. 2General Corporate Purpose

Aeron Composite Limited – Promoter(s)

Dilipkumar Ratilal Patel
Chirag Ch
ulal Patel
Pankaj Shantilal Dadhaniya
Ravi Pankajkumar Patel
A. International Private Limited

Contact Details

Corporate Office

Saket Ind. Estate, Plot No. 30/31, Sarkhej Bavla Highway, Village Moraiya, Changodar, Ahmedabad - 382213

+91 9909988266

cs@aeroncomposite.com

Visit Website

Aeron Composite Limited Allotment & Registrar Details

Check Allotment

Maashitla Securities Private Limited

+91-11-45121795-96

Investor.ipo@maashitla.com

Visit Registrar Website

Aeron Composite Limited IPO Documents

Frequently Asked Questions — Aeron Composite Limited IPO

The Aeron Composite Limited IPO price band is set at ₹121.00 to ₹125.00 per equity share.

The lot size for Aeron Composite Limited IPO is 1000 shares per lot. The minimum investment amount is approximately ₹1,25,000.

The Aeron Composite Limited IPO opens on Aug 28, 2024 and closes on Aug 30, 2024.

Aeron Composite Limited IPO is expected to be listed on Sep 4, 2024 on NSE SME.

The registrar for Aeron Composite Limited IPO is Maashitla Securities Private Limited. You can contact them at Investor.ipo@maashitla.com.

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