IPO Trending
AERONSME / NSEListed
Aeron Composite

Aeron Composite Limited was founded in 2011 and specializes in making FRP (Fibre Reinforced Polymer) products used in various industries. They manufacture FRP pultruded products, FRP moulded gratings, and FRP rods, offering complete solutions from design and testing to manufacturing, installation, and after-sales service. Their production facility is located at Saket Industrial Estate, covering 26,320 square metres, and is ISO 9001:2015 certified. The company produces items like handrails, cable trays, fencing, poles, and solar panel mounting structures (MMS). As of July 31, 2024, the company had 433 employees working at different levels.

DRHPanchor
₹121 - ₹12538.45x sub
Listed Price₹150.00
Listing Gain+20.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open28 Aug 2024
Close30 Aug 2024
Allotment02 Sep 2024
Listing04 Sep 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail14,18,000 shares
31.6%
Nii (hni)6,08,000 shares
13.55%
Anchor12,14,000 shares
27.05%
QIB8,10,000 shares
18.05%
Employees2,10,000 shares
4.68%
Market Maker2,28,000 shares
5.07%

Minimum Application Lots

Retail1 Lot (1,000 shares)
₹1,25,000
HNI2 Lots (2,000 shares)
₹2,50,000

Company Promoters

Dilipkumar Ratilal PatelChirag Chandulal PatelPankaj Shantilal DadhaniyaRavi Pankajkumar PatelA. International Private Limited

Company Background

Aeron Composite Limited was founded in 2011 and specializes in making FRP (Fibre Reinforced Polymer) products used in various industries. They manufacture FRP pultruded products, FRP moulded gratings, and FRP rods, offering complete solutions from design and testing to manufacturing, installation, and after-sales service. Their production facility is located...

Lead Managers & Bankers

Hem Securities Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Feb-24)₹18080.35 Cr
Growth+128.7%
Revenue Trend (₹ in Crores)
0.07.0k14.0k20.9kMar-21Mar-22Mar-23Feb-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Feb-2418,080.35942.239,979.421,208.23
Mar-2318,199.26 661.156,910.211,399.62
Mar-2210,992.5362.126,063.231,255.54
Mar-217,906.12255.34,360.191,042.7

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Feb-247.5231.33%29.67%23.6920.7
Mar-235.3332.30%27.52%00
Mar-222.9526.19%20.97%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Maashitla Securities Private Limited

Allotment Finalized
Allotment Date
02 Sep 2024
Official Status
Out / Finalized
Registrar
Maashitla Securities Private Limited
Listing Date
04 Sep 2024

Official Allotment Verification Links

Official Registrar Portal
Maashitla Securities Private Limited

Direct allotment verification on the official registrar portal appointed for Aeron Composite. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization02 Sep 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date04 Sep 2024Trading commences on exchange

How to Check Aeron Composite Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Aeron Composite from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Aeron Composite IPO

Complete issue overview for Aeron Composite (AERON) IPO. The issue features an equity share price band of ₹121 – ₹125 per share with a minimum retail lot size of 1000 Shares (minimum application amount of ₹1,25,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions