Listed Price₹173.80
Listing Gain+60.93%
Price Band₹102 - ₹108
Lot Size130 shares
Min Bid₹14,040
Subscription97.07x
Listed Market Snapshot
₹173.80Listed price from market data
+60.93%listing gain
Issue Amount
₹351 Cr
Listed Price
₹173.80
Current Price
₹507.25
Registrar
Link Intime India Private Limited
Timeline•Book Built Issue IPO
Open22 Aug 2023
Close24 Aug 2023
Allotment29 Aug 2023
Listing31 Aug 2023
Quota Reservation Portions
RetailPortion: 1,15,08,824 shares
35.41%Nii(hni)Portion: 49,32,353 shares
15.18%QIBPortion: 62,76,490 shares
19.31%ShareholdersPortion: 5,00,000 shares
1.54%Minimum Application Bracket Matrix
Retail1 lots / 130 shares
₹14,040sHNI15 lots / 1,950 shares
₹2,10,600bHNI72 lots / 9,360 shares
₹10,10,880About the Company
Incorporated in 1993, Aeroflex Industries Limited (formerly Suyog Intermediates Pvt. Ltd.) manufactures and supplies eco-friendly metallic flexible flow solution products. Its product range includes braided and unbraided hoses, solar hoses, gas hoses, vacuum hoses, interlock hoses, hose assemblies, EGR tubes, expansion bellows, compensators, and related fittings, with over 1,700 SKUs as of March 31, 2023. The company operates a large certified manufacturing facility at Taloja, Navi Mumbai spread across 3,59,528 sq. ft. Aeroflex serves distributors, OEMs, fabricators, MRO companies, and industrial clients, and reported revenue of ₹2,694.78 million in FY23 and ₹2,409.92 million in FY22.
Company Promoters
Sat Industries LimitedItalica Global FZC
Lead Managers
No Lead Managers information available.Registrar
Link Intime India Private Limited