Aeron Composite IPO
ListedAeron Composite IPO Details
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Bidding Date
28-Aug-2024 to
30-Aug-2024 -
Issue Size
₹56.1 Cr
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Price Band
₹121 to ₹125
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Allotment date
02-Sep-2024
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Listing date
04-Sep-2024
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Lot size
1000
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No. of shares
44,88,000
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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
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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
35.6x
FAQs for Aeron Composite IPO.
What is the issue size of Aeron Composite IPO?
The issue size of Aeron Composite is ₹56.10 Cr.
What is the industry of Aeron Composite?
Aeron Composite falls into Building Products industry.
Where Aeron Composite IPO will be listed?
The Aeron Composite IPO will be listed on BSE.
What are the open and close dates for the Aeron Composite IPO?
The open and close dates for the Aeron Composite are 28-Aug-2024 & 30-Aug-2024.
What are the price band for Aeron Composite IPO?
The price band for the Aeron Composite ipo is ₹121 to ₹125
What is the listing date of Aeron Composite IPO?
The listing date of Aeron Composite IPO is 04-Sep-2024.
What is the purpose for the Aeron Composite IPO?
The purpose of this IPO is to raise fresh capital.
How much times Aeron Composite IPO subscribed?
Aeron Composite total subscription ratio is 35.6X.
What are the key financials for the Aeron Composite IPO?
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 |