Aeron Composite IPO

Listed Listed stocks

Aeron Composite IPO Details

  • Bidding Date

    28-Aug-2024 to
    30-Aug-2024

  • Issue Size

    ₹56.1 Cr

  • Price Band

    ₹121 to ₹125

  • Allotment date

    02-Sep-2024

  • Listing date

    04-Sep-2024

  • Lot size

    1000

  • No. of shares

    44,88,000

  • Fresh issue/OFS

    ₹56.1 Cr /--

About Aeron Composite Company

Founded in 2011, Aeron Composite Ltd specializes in the manufacture and supply of Fiber Glass Reinforced Polymer (FRP) products. FRP is a composite material made from polymer resins reinforced with fibers such as fiberglass, carbon, or aramid. This combination provides products with high strength, lightweight properties, corrosion and chemical resistance, and ease of fabrication. The company offers a comprehensive suite of services, including conceptual design, prototype development, testing, manufacturing, logistics, installation, and after-sales service. The company serves a diverse international customer base in over 30 countries and has a significant presence in domestic markets. The company's key clients include government entities like ONGC Tripura Power Co. Ltd., NTPC Limited, Gujarat State Fertilizers & Chemicals Ltd, and major corporations like Grasim Industries Limited, Larsen & Toubro Limited, and TATA Projects Limited.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    35.6x

FAQs for Aeron Composite IPO.

The issue size of Aeron Composite is ₹56.10 Cr.

Aeron Composite falls into Building Products industry.

The Aeron Composite IPO will be listed on BSE.

The open and close dates for the Aeron Composite are 28-Aug-2024 & 30-Aug-2024.

The price band for the Aeron Composite ipo is ₹121 to ₹125

The listing date of Aeron Composite IPO is 04-Sep-2024.

The purpose of this IPO is to raise fresh capital.

Aeron Composite total subscription ratio is 35.6X.

Key financial of the Aeron Composite are:


Aeron Composite FY-24 FY-23 FY-22 FY-21
Revenue (₹ Cr) 199.73 179.38 108.34 78.82
EBIT (₹ Cr) 13.85 8.56 4.58 4.48
Proft after Tax (₹ Cr) 10.11 6.61 3.62 2.55
Debt (₹ Cr) 11.83 14 12.56 10.43
Net Worth (₹ Cr) 35.5 25.39 15.57 12.08
RoE (%) 28.47 26.03 23.25 21.11