Aspire and Innovative Advertising Limited

Aspire and Innovative Advertising Limited

SMEClosed

₹1,08,000(2,000 Shares)

Minimum Investment

IPO Dates

Mar 26, 2024 – Mar 28, 2024

Price Band

₹51–54 per equity share

Lot Size

2000

Listing

Apr 3, 2024

Listing At

NSE SME

Mar 26, 2024Open DateCompleted
Mar 28, 2024Close DateCompleted
TBAAllotment DateUpcoming
Apr 3, 2024Listing DateCompleted

Aspire and Innovative Advertising Limited Live Subscription Details

All IPOs
QIB / NII0.00x
Retail16.39x

Overall Subscription

Total Bids Received

15.17x

Aspire and Innovative Advertising Limited IPO Issue Details

Issue Price
₹51-54 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
40,68,000 shares(aggregating up to ₹21.97 crore)
Listing At
NSE SME
Listing Date
Apr 3, 2024
Registrar
Bigshare Services Pvt Ltd

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)12,000₹1,08,000
Retail (Max)12,000₹1,08,000
sHNI (Min)24,000₹2,16,000

Reservation Details

14.26%

NII

5.8L

19.03%

QIB

7.74L

28.42%

Anchor

11.56L

5.01%

Market Maker

2.04L

Company Information

Aspire & Innovative Advertising Limited was established in the year 2017. It sells consumer durables, such as kitchen equipment, home appliances, white goods, mobile phones and accessories, solar prod...

Valuations

EPS (Pre-IPO)

4.78

EPS (Post-IPO)

5.18

P/E (Pre-IPO)

11.3

P/E (Post-IPO)

10.42

RoNW

20.22%

PAT Margin

2.23%

P/B Value

3.09

Objectives of the Issue

  1. 1To meet Working Capital requirements
  2. 2To finance the cost of establishing new warehouses
  3. 3General Corporate Purpose.

Aspire and Innovative Advertising Limited – Promoter(s)

Nitesh Agarwalla
Rinku Agarwalla

Contact Details

Corporate Office

C-4 Baldev Park,Shahdara East Delhi -110051

+91-124-2213055

cs@aspireinnovate.in

Visit Website

Aspire and Innovative Advertising Limited Allotment & Registrar Details

Check Allotment

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

Visit Registrar Website

Aspire and Innovative Advertising Limited IPO Documents

Frequently Asked Questions — Aspire and Innovative Advertising Limited IPO

The Aspire and Innovative Advertising Limited IPO price band is set at ₹51.00 to ₹54.00 per equity share.

The lot size for Aspire and Innovative Advertising Limited IPO is 2000 shares per lot. The minimum investment amount is approximately ₹1,08,000.

The Aspire and Innovative Advertising Limited IPO opens on Mar 26, 2024 and closes on Mar 28, 2024.

Aspire and Innovative Advertising Limited IPO is expected to be listed on Apr 3, 2024 on NSE SME.

The registrar for Aspire and Innovative Advertising Limited IPO is Bigshare Services Pvt Ltd. You can contact them at ipo@bigshareonline.com.

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