IPO Trending
AARTECHSME / BSEListed
Aartech Solonics

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.

DRHP
₹34 - ₹34Open
Listed Price₹34.00
Listing Gain+0.00%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open12 Mar 2019
Close18 Mar 2019
Allotment22 Mar 2019
Listing27 Mar 2019

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker1,12,000 shares
5.28%
HNI10,04,000 shares
47.36%
Retail10,04,000 shares
47.36%

Minimum Application Lots

Retail1 Lot (4,000 shares)
₹1,36,000
HNI2 Lots (8,000 shares)
₹2,72,000

Company Promoters

Mr. Anil Anant RajeMrs. Chhaya Raje

Company Background

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...

Lead Managers & Bankers

Swastika Investmart Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-18)₹416.69 Cr
Growth-56.3%
Revenue Trend (₹ in Crores)
0.0514.51.0k1.5k31-Mar-1431-Mar-15Mar-16Mar-17Mar-18Sep-18
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-18416.6960.091,941.520
Mar-181,208.50117.581,938.080
Mar-171,342.0530.091,945.780
Mar-161,025.8422.811,872.110
31-Mar-15994.35112.621,922.000
31-Mar-14953.7970.411,804.340

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: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
22 Mar 2019
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
27 Mar 2019

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Aartech Solonics. 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 Finalization22 Mar 2019Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date27 Mar 2019Trading commences on exchange

How to Check Aartech Solonics Allotment Online

1Open Portal

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

2Select Company

Select Aartech Solonics 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

Allotment FAQs & Help

About Aartech Solonics IPO

Complete issue overview for Aartech Solonics (AARTECH) IPO. The issue features an equity share price band of ₹34 per share with a minimum retail lot size of 4000 Shares (minimum application amount of ₹1,36,000). 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