Aeron Composite Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,024,000 (45%) | — | ₹2,530 Cr |
| NII (HNI) | — | 608,000 (14%) | — | ₹760 Cr |
| Retail | — | 1,418,000 (32%) | — | ₹1,773 Cr |
| Market Maker | — | 228,000 (5%) | — | ₹29 Cr |
| Σ Total | — | 4,488,000 (100%) | — | ₹56,100 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹125,000 |
| Retail (Max) | 13 | 13,000 | ₹1,625,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,750,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,375,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 29 Feb 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 18,080 | 18,199 | 10,993 |
| Profit After Tax | 942 | 661 | 362 |
| Net Worth | 3,478 | 2,536 | 1,557 |
| Total Assets | 9,979 | 6,910 | 6,063 |
| Reserves & Surplus | 3,322 | 2,379 | 1,427 |
| Total Borrowing | 1,208 | 1,400 | 1,256 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding the Capital Expenditure requirements towards setting up of an additional manufacturing unit –
- General Corporate Purpose –
Company Overview
Aeron Composite Limited was established in 2011 and is engaged in the manufacture and supply of glass fibre reinforced polymer products i.e. FRP products including FRP Pultruded Products, FRP Moulded Gratings & FRP Rods tailored for various industrial applications.
The company offers comprehensive solutions that include conceptual design, prototype development, testing, manufacturing, logistical support, installation and after-sales service.
The company's manufacturing facility is located in Saket Industrial Estate and is spread over 26320 square metres. The manufacturing facility is ISO 9001:2015 certified for the design, manufacture and supply of FRP pultruded products, FRP Handrails, FRP cable trays, FRP fencing, FRP moulded gratings, FRP Cross arm, FRP poles, FRP rods and moulded mounting structures for solar panels (MMS).
As of July 31,2024, the company employed 433 people at various levels of the organisation.