Aaron Industries Limited IPO
NSE SME₹ 228000 /6000 Shares
*Min Investment
20 Aug, 2018
Open Date24 Aug, 2018
Close Date30 Aug, 2018
Allotment Date05 Sep, 2018
Listing DateIPO Issue Details
- Issue Price Rs 38/- Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price Fresh Issue of 13,68,000 Equity Shares of Rs 10/- at a price of Rs 69/- per share aggregating to Rs 9.44 Cr
- Listing at NSE SME
- Lead Manager Gretex Corporate Services Private Limited
- Registrar Bigshare Services Pvt. Ltd
IPO Details
- Retail Portion N/A
IPO Details
Aaron Industries Limited IPO is an SME IPO, priced at Rs 38/- Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Aug 20, 2018 to Aug 24, 2018. The allotment is expected to be finalized on Aug 30, 2018, and the tentative listing date is Sep 5, 2018.
The registrar of the IPO is Bigshare Services Pvt. Ltd , and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 5,97,000 | 5,97,000 | 11,94,000 |
Day 1 - 20-08-18 | 78,000 0.13 x | 51,000 0.09 x | 1,29,000 0.11 x |
Day 2 21-08-18 | 2,88,000 0.48 x | 1,56,000 0.26 x | 4,44,000 0.37 x |
Day 3 23-08-18 | 9,33,000 1.56 x | 5,37,000 0.90 x | 14,70,000 1.23 x |
Day 4 24-08-18 | 19,92,000 3.34 x | 15,81,000 2.65 x | 35,73,000 2.99 x |
Valuations
IPO - Issue Objectives
Set up a new line of business in the expansion plan.
Meet the working capital requirement.
Meet the Public Issue Expenses.
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Ushanti Colour Chem Limited | 2.16 | 18.35 | 27.42% | 36.75 |
| N/A | N/A | N/A | N/A | |
| N/A | N/A | N/A | N/A | |
| N/A | N/A | N/A | N/A |
IPO - FAQs
Ans. Aaron Industries Limited IPO is a SME IPO. The issue is priced at Rs 38/- Per Equity Share . The minimum order quantity is 3000 Shares. The IPO opens on Aug 20, 2018, and closes on Aug 24, 2018. Bigshare Services Pvt. Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Aaron Industries Limited IPO opens on Aug 20, 2018 and closes on Aug 24, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Aaron Industries Limited IPO is Fresh Issue of 13,68,000 Equity Shares of Rs 10/- at a price of Rs 69/- per share aggregating to Rs 9.44 Cr.
Ans. The Aaron Industries Limited IPO price band is set between Rs 38/- Per Equity Share .
Ans. To apply for Aaron Industries Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Aaron Industries Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Aaron Industries Limited IPO is Aug 30, 2018.
Ans. The Aaron Industries Limited IPO will be listed on Sep 5, 2018.
Ans. Follow the steps to check the Aaron Industries Limited IPO allotment status online.
