Aartech Solonics Limited IPO
BSE SME₹ 272000 /8000 Shares
*Min Investment
12 Mar, 2019
Open Date18 Mar, 2019
Close Date25 Mar, 2019
Allotment Date27 Mar, 2019
Listing DateIPO Issue Details
- Issue Price Rs 34/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Fresh issue of 21,20,000 Equity Shares of Rs 10/- at a price of Rs 34/- per share aggregating to Rs 7.21 Cr
- Listing at BSE SME
- Lead Manager Swastika Investmart Limited
- Registrar BIGSHARE SERVICES PRIVATE LIMITED
IPO Details
- Retail Portion N/A
IPO Details
Aartech Solonics Limited IPO is an SME IPO, priced at Rs 34/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Mar 12, 2019 to Mar 18, 2019. The allotment is expected to be finalized on Mar 25, 2019, and the tentative listing date is Mar 27, 2019.
The registrar of the IPO is BIGSHARE SERVICES PRIVATE LIMITED, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 10,04,000 | 10,04,000 | 20,08,000 |
Day 1 - 12-03-19 | 12,32,000 1.23 x | 2,96,000 0.29 x | 15,28,000 0.76 x |
Day 2 - 13-03-19 | 15,36,000 1.53 x | 4,88,000 0.49 x | 20,24,000 1.01 x |
Day 3 - 14-02-19 | 18,28,000 1.82 x | 9,44,000 0..94 x | 27,72,000 1.38 x |
Day 4 - 15-03-19 | 18,36,000 1.83 x | 11,20,000 1.12 x | 29,56,000 1.47 x |
Day 5 - 18-03-19 | 23,64,000 2.35 x | 16,48,000 1.64 x | 40,12,000 2.00 x |
Valuations
IPO - Issue Objectives
Investment in wholly owned subsidiary company - 'M/S AIC Aartech Solonics Private Limited'. ( Rs 2.00 Cr )
Investment in wholly owned subsidiary company - 'M/S Faradigm Ultracapacitors Private Limited'. ( Rs 2.50 Cr )
For General Corporate Expenses including Capital Expenditure & Research and Development Expenses. ( Rs 1.21 Cr )
Working Capital Requirement. ( Rs 1.00 Cr )
Meeting Public Issue Expenses. ( Rs 0.50 Cr )
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Aartech Solonics Limited | 0.96 | 31.72 | 4.32% | 11.10 |
| Star Delta Transformers Limited | 0.99 | 11.19 | 8.20% | 64.81 |
| Transformers and Rectifiers (India) Limited | 0.61 | 27.32 | 2.24% | 723.83 |
IPO - FAQs
Ans. Aartech Solonics Limited IPO is a SME IPO. The issue is priced at Rs 34/- Per Equity Share . The minimum order quantity is 4000 Shares. The IPO opens on Mar 12, 2019, and closes on Mar 18, 2019. BIGSHARE SERVICES PRIVATE LIMITED is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Aartech Solonics Limited IPO opens on Mar 12, 2019 and closes on Mar 18, 2019.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Aartech Solonics Limited IPO is Fresh issue of 21,20,000 Equity Shares of Rs 10/- at a price of Rs 34/- per share aggregating to Rs 7.21 Cr.
Ans. The Aartech Solonics Limited IPO price band is set between Rs 34/- Per Equity Share .
Ans. To apply for Aartech Solonics Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Aartech Solonics 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 Aartech Solonics Limited IPO is Mar 25, 2019.
Ans. The Aartech Solonics Limited IPO will be listed on Mar 27, 2019.
Ans. Follow the steps to check the Aartech Solonics Limited IPO allotment status online.
