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ASPIRESME / NSEListed
Aspire & Innovative Advertising

Aspire & Innovative Advertising Limited, established in 2017, has positioned itself as a key player in the consumer durables market, offering a wide array of products, including kitchen and home appliances, white goods, mobile phones, accessories, and solar products. Partnering with leading brands such as Bajaj, Prestige, Vivo, and Samsung, the company operates under an asset-light model, focusing on facilitation fees and commissions while providing marketing, field staff interaction, demand collation, and financial services to rural and semi-urban consumers. With a product portfolio exceeding 50 items and commercial arrangements with over 15 intermediaries, the company ensures seamless distribution through 19 warehouses spanning 16 states. Backed by a dedicated workforce of 49 full-time employees as of November 30, 2023, Aspire & Innovative Advertising Limited remains committed to expanding its market presence and delivering value-driven solutions to its customers.

₹51 - ₹5415.25x sub
Listed Price₹56.50
Listing Gain+4.63%

IPO Schedule & Timeline

Book Built Issue IPO
Open26 Mar 2024
Close28 Mar 2024
Allotment01 Apr 2024
Listing03 Apr 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail13,54,000 shares
33.28%
Nii (hni) 5,80,000 shares
14.26%
Anchor11,56,000 shares
28.42%
QIB7,74,000 shares
19.03%
Market Maker2,03,999 shares
5.01%

Minimum Application Lots

Retail1 Lot (1,999 shares)
₹1,08,000
HNI1 Lot (4,000 shares)
₹2,16,000

Company Promoters

Nitesh AgarwallaRinku Agarwalla

Company Background

Aspire & Innovative Advertising Limited, established in 2017, has positioned itself as a key player in the consumer durables market, offering a wide array of products, including kitchen and home appliances, white goods, mobile phones, accessories, and solar products. Partnering with leading brands such as Bajaj, Prestige, Vivo, and Samsung, the company opera...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-23 )₹17710.29 Cr
Growth+63.5%
Revenue Trend (₹ in Crores)
0.013.3k26.5k39.8kMar-21Mar-22Mar-23Sep-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-23 17,710.29393.288,135.721,160.89
Mar-2334,620.10530.85 6,256.99 881.53
Mar-2225,558.30437.365,328.01111.02
Mar-2110,833.44227.753,492.0755.91

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Sep-233.5422.50%18.59%3.0911.3
Mar-234.7841.29%30.79%00
Mar-223.9556.75%55.45%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: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
01 Apr 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
03 Apr 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Aspire & Innovative Advertising. 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 Finalization01 Apr 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date03 Apr 2024Trading commences on exchange

How to Check Aspire & Innovative Advertising Allotment Online

1Open Portal

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

2Select Company

Select Aspire & Innovative Advertising 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

Allotment FAQs & Help

About Aspire & Innovative Advertising IPO

Complete issue overview for Aspire & Innovative Advertising (ASPIRE) IPO. The issue features an equity share price band of ₹51 – ₹54 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,08,000). 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