ASPIRE IPO
ListedASPIRE IPO Details
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Bidding Date
26-Mar-2024 to
28-Mar-2024 -
Issue Size
₹21.97 Cr
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Price Band
₹51 to ₹54
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Allotment date
01-Apr-2024
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Listing date
03-Apr-2024
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Lot size
2000
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No. of shares
40,68,000
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Fresh issue/OFS
₹21.97 Cr /--
About ASPIRE Company
Aspire & Innovative Advertising Ltd commenced operations in 2017 with a vision to deliver advanced yet affordable products directly to customers' doorsteps, particularly in underserved regions. They specialize in the trading of various consumer durables, including kitchen appliances, home appliances, white goods, mobile phones, accessories, solar products, and more. Their extensive product range features offerings from renowned brands such as Bajaj, Prestige, Vivo, Samsung, Crompton, Whirlpool, Hindware, Havells, among others. The company caters to diverse customer requirements by offering products at different price points, ensuring accessibility to a wide demographic across India.They serve as a one-stop platform that aggregates multiple brands under a single umbrella, thereby simplifying the shopping experience for customers. Their business model heavily relies on intermediaries such as Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs) to reach their target market effectively. The company's revenue streams include direct sales, advertisement income, and sales through intermediaries, with a significant focus on the latter to penetrate underserved markets.
Subscription Status
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Category
Status
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QIBs
--
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NIIs
--
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Retail
--
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Others
--
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Total
10.1x
FAQs for ASPIRE IPO.
What is the issue size of ASPIRE IPO?
The issue size of ASPIRE is ₹21.97 Cr.
What is the industry of ASPIRE?
ASPIRE falls into Diversified Retail industry.
Where ASPIRE IPO will be listed?
The ASPIRE IPO will be listed on BSE.
What are the open and close dates for the ASPIRE IPO?
The open and close dates for the ASPIRE are 26-Mar-2024 & 28-Mar-2024.
What are the price band for ASPIRE IPO?
The price band for the ASPIRE ipo is ₹51 to ₹54
What is the listing date of ASPIRE IPO?
The listing date of ASPIRE IPO is 03-Apr-2024.
What is the purpose for the ASPIRE IPO?
The purpose of this IPO is to raise fresh capital.
How much times ASPIRE IPO subscribed?
ASPIRE total subscription ratio is 10.1X.
What are the key financials for the ASPIRE IPO?
Key financial of the ASPIRE are:
| ASPIRE | FY-23 | FY-22 | FY-21 |
|---|---|---|---|
| Revenue (₹ Cr) | 345.72 | 255.38 | 108.12 |
| EBIT (₹ Cr) | 7.1 | 6.27 | 3.08 |
| Proft after Tax (₹ Cr) | 5.31 | 4.37 | 2.28 |
| Debt (₹ Cr) | 8.82 | 1.11 | 0.56 |
| Net Worth (₹ Cr) | 15.51 | 10.2 | 5.21 |
| RoE (%) | 34.22 | 42.86 | 43.72 |