-- / 130 shares
IPO Details
Issue Date
--
Investment/lot
--
Price Range
108
Lot Size
130
IPO Size
₹ 351.00 Cr
IPO Listing Details
Listing On
31 Aug'23
Issue Price
--
Listed Price
₹ 190
Retail Gain/Listing Gain
▲75.93%
IPO Timeline
Company Background
Aeroflex Industries Ltd. manufactures and supplies environmentally friendly metallic flexible flow solution items. Flexible flow solutions play a critical role in the transfer of substances (air, liquid and solid) in any industrial or commercial ecosystem, connecting the origin and end points of various processes. Their product range encompasses a wide variety and serves more than 80 countries including Europe and USA, along with domestic markets.
The demand for flow solution products is apparent across various uses, such as fire sprinklers, gas supply, controlled aircraft airflow, and aviation fueling. The company’s adeptness at delivering customised solutions, extending to assembly levels, enables it to actively participate in the value chain of flexible flow solutions.
In the fiscal years 2023, 2022, and 2021, their exports amounted to ₹2,171.80 million, ₹2,035.59 million, and ₹1,171.15 million, forming 80.60%, 84.53%, and 80.90% of their operational revenue, respectively.
With that, let's take a look at the competitive strengths and risk factors for Aeroflex Industries Ltd:
Risk Factors
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The majority of revenue is derived from export operations. Significant import duties or restrictions may impact operations.
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No long-term contracts are in place with raw material suppliers.
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The business depends on a single manufacturing facility.
Key Strategies
- Expand the portfolio to capitalise on large opportunities across industrial segments.
- Scale up in-house design and R&D efforts.
- Increase focus on global markets and enhance international presence.
Aeroflex Industries Ltd
Here are the key financials for Aeroflex Industries Ltd.
Particulars (in Rs. million)
How to apply for IPO through ASBA
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How to apply for an IPO using UPI
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Aeroflex Industries Ltd IPO FAQs
When is Aeroflex Industries Ltd IPO listing date?
Aeroflex Industries Ltd will list on 2023-08-31.
What is the issue size of Aeroflex Industries Ltd IPO?
351.00 is the issue size of Aeroflex Industries Ltd IPO.
What is the price band of the Aeroflex Industries Ltd IPO?
The price band of Aeroflex Industries Ltd IPO is ₹108 to ₹0.
What is Aeroflex Industries Limited IPO?
The Aeroflex Industries Limited IPO has an issue size of Rs. 351 crores. The IPO opens for subscription on 22nd August and ends on 24th August 2023.
Who is the Registrar of Aeroflex Industries Limited IPO?
Link Intime India Private Limited is the registrar for this IPO.
Where can I read more about Aeroflex Industries Limited’s business?
You may read more about Aeroflex Industries Limited and its IPO from the company’s red herring prospectus (RHP) here:
