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AARTECHSME / BSEListed

Aartech Solonics Limited

Incorporated in 1982, Gwalior-based Aartech Solonics Limited is an R&D-focused enterprise specializing in energy appliances and electricity distribution and control apparatus, including switches, fuses, voltage limiters, surge suppressors, relays, sockets, panels, and power capacitors. Its popular products include BTS-2000, Kranking Ultra Capacitors, Control Relay Panels, and Load Checkers, and it also provides solutions for products from companies like GSUN Innovations and Bestcase Enclosures. Serving clients across industries such as Defense, Railways, Power Generation, Heavy Earth Moving Equipment, and Oil & Gas, Aartech operates a 1,000 sq. ft. Innovations Lab recognized by the Department of Science and Technology in 2013 for its R&D contributions. The company employs 55 full-time staff along with 10 contract employees.

₹34 - ₹34Open
Listed Price34.00
Listing Gain+0.00%
TimelineFixed Price Issue IPO
Open12 Mar 2019
Close18 Mar 2019
Allotment22 Mar 2019
Listing27 Mar 2019

Quota Reservation Portions

Market MakerPortion: 1,12,000 shares
5.28%
HNIPortion: 10,04,000 shares
47.36%
RetailPortion: 10,04,000 shares
47.36%

Minimum Application Bracket Matrix

Retail1 lots / 4,000 shares
₹1,36,000
HNI2 lots / 8,000 shares
₹2,72,000

About the Company

Incorporated in 1982, Gwalior-based Aartech Solonics Limited is an R&D-focused enterprise specializing in energy appliances and electricity distribution and control apparatus, including switches, fuses, voltage limiters, surge suppressors, relays, sockets, panels, and power capacitors. Its popular products include BTS-2000, Kranking Ultra Capacitors, Control Relay Panels, and Load Checkers, and it also provides solutions for products from companies like GSUN Innovations and Bestcase Enclosures. Serving clients across industries such as Defense, Railways, Power Generation, Heavy Earth Moving Equipment, and Oil & Gas, Aartech operates a 1,000 sq. ft. Innovations Lab recognized by the Department of Science and Technology in 2013 for its R&D contributions. The company employs 55 full-time staff along with 10 contract employees.

Company Promoters

Mr. Anil Anant RajeMrs. Chhaya Raje