Listed Price₹150.00
Listing Gain+20.00%
Price Band₹121 - ₹125
Lot Size1,000 shares
Min Bid₹1,25,000
Subscription38.45x
Listed Market Snapshot
₹150.00Listed price from market data
+20.00%listing gain
Issue Amount
₹56.1 Cr
Listed Price
₹150.00
Current Price
₹80
Registrar
Maashitla Securities Private Limited
Timeline•Bookbuilding IPO
Open28 Aug 2024
Close30 Aug 2024
Allotment02 Sep 2024
Listing04 Sep 2024
Quota Reservation Portions
RetailPortion: 14,18,000 shares
31.6%Nii (hni)Portion: 6,08,000 shares
13.55%AnchorPortion: 12,14,000 shares
27.05%QIBPortion: 8,10,000 shares
18.05%EmployeesPortion: 2,10,000 shares
4.68%Market MakerPortion: 2,28,000 shares
5.07%Minimum Application Bracket Matrix
Retail1 lots / 1,000 shares
₹1,25,000HNI2 lots / 2,000 shares
₹2,50,000About the Company
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.
Company Promoters
Dilipkumar Ratilal PatelChirag Chandulal PatelPankaj Shantilal DadhaniyaRavi Pankajkumar PatelA. International Private Limited
Lead Managers
Registrar
Maashitla Securities Private Limited