Recently Viewed
Clear AllBidding 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 /--
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.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
35.6x
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 |