Aspire & Innovative Advertising Limited IPO
Aspire & Innovative Advertising Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹51–₹54 per share. The stock debuted at ₹56.5, delivering a listing gain of 4.6%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,08,000.
Aspire & Innovative Advertising Limited IPO
- IPO Dates
- Mar 26, 2024 – Mar 28, 2024
- Price band
- ₹51-54 per equity share
- Minimum Investment
- ₹1,08,000
- Issue size
- ₹21.97 Cr
- Lot size
- 2000
- Allotment Date
- Apr 1, 2024
- Listing
- Apr 3, 2024
- Listing At
- NSE SME
IPO timeline
-
Mar 26, 2024
Open Date
Completed
-
Mar 28, 2024
Close Date
Completed
-
Apr 1, 2024
Allotment Date
Completed
-
Apr 3, 2024
Listing Date
Completed
Aspire & Innovative Advertising Limited IPO Essentials
Aspire & Innovative Advertising Limited IPO Details
Aspire & Innovative Advertising Limited IPO is priced at ₹51-54 per share with a total issue size of 21.97 crore. The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹51-54 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 4,068,000 shares(aggregating up to ₹21.97 Cr)
- Total issue size
- 40,68,000 shares
(aggregating up to ₹21.97 crore) - Fresh issue
- 40,68,000 shares
(aggregating up to ₹21.97 crore) - Listing at
- NSE SME
- List price
- 56.5
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Hem Securities Limited
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,08,000 |
| Retail(max) | 1 | 2000 | ₹1,08,000 |
| NII (min) | 2 | 4,000 | ₹2,16,000 |
Aspire & Innovative Advertising Limited IPO Reservation
Aspire & Innovative Advertising Limited IPO reservation details show category-wise allocation of shares. Out of the total 4,068,000 shares, approximately 19.03% are reserved for QIB, 14.26% for NII, 33.28% for retail investors, 5.01% for market maker, and 28.42% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,156,000 (28.42%) | |
| Market Maker Shares Offered | 204,000 (5.01%) | |
| QIB Shares Offered | 774,000 (19.03%) | |
| NII (HNI) Shares Offered | 580,000 (14.26%) | |
| Retail Shares Offered | 1,354,000 (33.28%) | |
| Total Shares Offered | 4,068,000 (100%) |
Aspire & Innovative Advertising Limited IPO Analytics
Aspire & Innovative Advertising Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Aspire & Innovative Advertising Limited IPO Subscription Status
Aspire & Innovative Advertising Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 774,000 / 580,000 | 1,354,000 | 2,708,000 |
|
Day 1
26-03-24 06:00 PM
|
(2.91 / 0.70) x | 2.57 x | 2.26 x |
|
Day 2
27-03-24 06:00 PM
|
(2.92 / 1.72) x | 5.92 x | 4.16 x |
|
Day 3
28-03-24 06:00 PM
|
(5.21 / 25.60) x | 16.39 x | 15.17 x |
Aspire & Innovative Advertising Limited Valuations
Earnings
- EPS Pre IPO
- ₹4.78/-
- EPS Post IPO
- ₹5.18/-
- P/E Pre IPO
- 11.3
- P/E Post IPO
- 10.42
Returns
- ROE
- 22.50%
- ROCE
- 18.59%
- RoNW
- 20.22%
- PAT Margin
- 2.23
Fundamentals
- Debt / Equity
- 0.60
- Price / Book
- 3.09
Aspire & Innovative Advertising Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 6,256.99 | 5,328.01 | 3,492.07 |
| Revenue | 34,620.10 | 25,558.30 | 10,833.44 |
| Profit After Tax | 530.85 | 437.36 | 227.75 |
| Net Worth | 1,551.25 | 1,020.39 | 520.98 |
| Reserves & Surplus | 1,440.15 | 909.29 | 519.98 |
| Total Borrowing | 881.53 | 111.02 | 55.91 |
Aspire & Innovative Advertising Limited Company & Offer Insights
About Aspire & Innovative Advertising Limited
Aspire & Innovative Advertising Limited was established in the year 2017. It sells consumer durables, such as kitchen equipment, home appliances, white goods, mobile phones and accessories, solar products, and many more. It deals with some of the most renowned brands such as Bajaj, Prestige, Vivo, Samsung, Crompton, Whirlpool, Hindware, Havells, and many others.
In terms of the cost of the facilitation fees and intermediaries' commission, the company operates on the asset-light model. They undertake services like marketing, field staff interaction, collection of demand from the rural and semi-urban sectors, and all the financial services for the customer.
The firm provides 50+ products. The products that it offers range from cookware and electronics to home appliances like a pressure cooker, induction cooktop, mixer grinder, dinner sets, sewing machines, fans, irons, bulbs, heaters, mobile phones, televisions, refrigerators, washing machines, headphones, and solar lanterns.
The company has commercial agreements with more than 15 intermediaries and has 19 warehouses in 16 states.
As of November 30, 2023, the company has 49 full-time employees, including managers.
Aspire & Innovative Advertising Limited Promoter(s)
Nitesh Agarwalla, Rinku Agarwalla are the company's promoters of Aspire & Innovative Advertising Limited.
Aspire & Innovative Advertising Limited IPO Issue Objectives
- •
- To meet Working Capital requirements
- •
- To finance the cost of establishing new warehouses
- •
- General Corporate Purpose.
Contact Information
Contact Details
Aspire & Innovative Advertising Limited
+91-124-2213055
https://www.aspireinnovate.in/
C-4 Baldev Park,Shahdara East Delhi -110051
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Aspire & Innovative Advertising Limited IPO is a book-built IPO worth ₹21.97 crore. The price band is ₹51–₹54 per share. The IPO opens on Mar 26, 2024 and closes on Mar 28, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Aspire & Innovative Advertising Limited IPO is ₹51 to ₹54 per share.
The lot size of Aspire & Innovative Advertising Limited IPO is 2000 shares.
The minimum investment for Aspire & Innovative Advertising Limited IPO is approximately ₹1,08,000 based on the upper price band .
Aspire & Innovative Advertising Limited IPO opens on Mar 26, 2024 and closes on Mar 28, 2024.
The allotment date of Aspire & Innovative Advertising Limited IPO is Apr 1, 2024.
Aspire & Innovative Advertising Limited IPO is expected to be listed on Apr 3, 2024, on NSE SME Platform.
Aspire & Innovative Advertising Limited IPO valuation snapshot: P/E 10.42, EPS ₹5.18/-, P/B 3.09, RoNW 20.22%, and market cap N/A.
To apply for Aspire & Innovative Advertising Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Aspire & Innovative Advertising Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Aspire & Innovative Advertising Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Aspire & Innovative Advertising Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Aspire & Innovative Advertising Limited IPO allotment status on IPO Ji for quick and easy access.