Aztec Fluids & Machinery Limited IPO

Aztec Fluids & Machinery Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹63–₹67 per share. The stock debuted at ₹90, delivering a listing gain of 34.3%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,34,000.

Aztec Fluids & Machinery Limited IPO

BSE SME Listed
₹1,34,000 (2000 Shares)
Minimum Investment
Check Allotment
IPO Dates
May 10, 2024 – May 14, 2024
Price band
₹63-67 per equity share
Minimum Investment
₹1,34,000
Issue size
₹24.12 Cr
Lot size
2000
Allotment Date
May 15, 2024
Listing
May 17, 2024
Listing At
BSE SME

IPO timeline

  1. May 10, 2024

    Open Date

    Completed

  2. May 14, 2024

    Close Date

    Completed

  3. May 15, 2024

    Allotment Date

    Completed

  4. May 17, 2024

    Listing Date

    Completed

Aztec Fluids & Machinery Limited IPO Essentials

Aztec Fluids & Machinery Limited IPO Details

Aztec Fluids & Machinery Limited IPO is priced at ₹63-67 per share with a total issue size of 24.12 crore. The IPO has a lot size of 2000 shares and is listed on BSE SME.

Issue price
₹63-67 per equity share
Lot size
2000 shares
Face value
₹10 Per Equity Share
Issue size
3,600,000 shares(aggregating up to ₹24.12 Cr)
Total issue size
36,00,000 shares
(aggregating up to ₹24.12 crore)
Fresh issue
36,00,000 shares
(aggregating up to ₹24.12 crore)
Listing at
BSE SME
List price
90.0
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 ₹1,34,000
Retail(max) 1 2000 ₹1,34,000
NII (min) 2 4,000 ₹2,68,000

Aztec Fluids & Machinery Limited IPO Documents

Aztec Fluids & Machinery Limited IPO Reservation

Aztec Fluids & Machinery Limited IPO reservation details show category-wise allocation of shares. Out of the total 3,600,000 shares, approximately 19% are reserved for QIB, 14.28% for NII, 33.28% for retail investors, 5.06% for market maker, and 28.39% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 1,022,000 (28.39%)
Market Maker Shares Offered 182,000 (5.06%)
QIB Shares Offered 684,000 (19%)
NII (HNI) Shares Offered 514,000 (14.28%)
Retail Shares Offered 1,198,000 (33.28%)
Total Shares Offered 3,600,000 (100%)

Aztec Fluids & Machinery Limited IPO Analytics

Aztec Fluids & Machinery Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Aztec Fluids & Machinery Limited IPO Subscription Status

Aztec Fluids & Machinery 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 684,000 / 514,000 1,198,000 2,396,000
Day 1 10-05-24 06:00 PM
(1.75 / 3.69) x 5.35 x 3.97 x
Day 2 13-05-24 06:00 PM
(2.85 / 19.86) x 31.41 x 20.78 x
Day 3 14-05-24 06:00 PM
(107.93 / 252.78) x 228.43 x 203.03 x

Aztec Fluids & Machinery Limited Valuations

Earnings

EPS Pre IPO
₹3.27/-
EPS Post IPO
₹4.42/-
P/E Pre IPO
20.47
P/E Post IPO
15.16

Returns

ROE
25.60%
ROCE
25.38%
RoNW
22.69%
PAT Margin
8.85

Fundamentals

Debt / Equity
0.28
Price / Book
3.37

Data sourced from DRHP / RHP • For educational purposes only

Aztec Fluids & Machinery Limited Financials( In Lakhs)

31-Mar-23 31-Mar-22 31-Mar-21
Assets 3,090.06 2,707.75 2,112.81
Revenue 5,452.97 4,642.56 3,467.75
Profit After Tax 327.38 311.25 246.28
Net Worth 1,535.60 1,238.56 958.92
Reserves & Surplus 1,335.60 1,237.56 957.92
Total Borrowing 562.31 552.40 514.34

Aztec Fluids & Machinery Limited Company & Offer Insights

About Aztec Fluids & Machinery Limited

Founded in April 2010, Aztec Fluids & Machinery Ltd has been supplying a good, quality assured range of Printers, Printer consumables, and Printer Spares to diversified industries, such as: personal care, food and beverages, pharmaceuticals, construction materials, cables, wires & pipes, metals, automotive and electronics, agrochemicals, chemicals, and petrochemicals.

The products offered by the company are varied and include different types of printers. These are continuous inkjet printers (CIJ), Thermal Transfer Over printers (TTO), Drop on demand printers (DOD), NIJ printers, i.e. piezoelectric printers, and laser printers. In addition to the aforementioned products, the company also provides printer inks and consumable items such as makeup and cleaning solvents.

The company exports its products to Sri Lanka, Nepal, Bhutan, Bangladesh, Kenya, and Nigeria.

Registered Office in Ahmedabad, Gujarat. In Kheda, Gujarat warehouse facility for holding imported printers.

By 31 December, 2023, the Company had an in-place workforce of 28 personnel involved in the business of selling and promoting and 51 personnel dedicated to after-sales support at client sites.

Aztec Fluids & Machinery Limited Promoter(s)

Pulin Kumudchandra Vaidhya, Amisha Pulin Vaidhya, Kumudchandra Bhagwandas Vaidya are the company's promoters of Aztec Fluids & Machinery Limited.

Aztec Fluids & Machinery Limited IPO Issue Objectives

Funding of the proposed acquisition of equity shares of Jet Inks Private Limited
Repayment of a portion of certain borrowing availed by our Company
General Corporate Purpose

Aztec Fluids & Machinery Limited IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Aztec Fluids & Machinery Limited 3.27 3.27 N/A N/A 21.32 N/A Standalone
Control Print Ltd. 32.36 32.36 N/A 29.13 17.23 N/A Standalone

Notes:

  1. For the company, the Current Market Price has been taken as the issue price of equity shares.
  2. The P/E Ratio is based on the current market price of the respective scrips.
  3. The EPS, NAV, RoNW, and total income of the company are taken as per the Restated Financial Statement for the Financial Year 2022-23.
  4. NAV per share is computed as the closing net worth divided by the weighted average number of paid-up equity shares as on March 31, 2023.
  5. RoNW has been computed as net profit after tax divided by closing net worth.
  6. Net worth has been computed in the manner specified in Regulation 2(1)(hh) of SEBI (ICDR) Regulations, 2018.

Contact Information

Contact Details

Aztec Fluids & Machinery Limited

+91-7048333211

cs@aztecfluids.com

http://www.aztecindia.org/

Part H Plinth,4th Floor, Takshashila Square, Near Krishnabag Four Rd, Maninagar, Ahmedabad,-380028

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Frequently Asked Questions

Click any question to reveal the answer

Aztec Fluids & Machinery Limited IPO is a book-built IPO worth ₹24.12 crore. The price band is ₹63–₹67 per share. The IPO opens on May 10, 2024 and closes on May 14, 2024. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The price band of Aztec Fluids & Machinery Limited IPO is ₹63 to ₹67 per share.

The lot size of Aztec Fluids & Machinery Limited IPO is 2000 shares.

The minimum investment for Aztec Fluids & Machinery Limited IPO is approximately ₹1,34,000 based on the upper price band .

Aztec Fluids & Machinery Limited IPO opens on May 10, 2024 and closes on May 14, 2024.

The allotment date of Aztec Fluids & Machinery Limited IPO is May 15, 2024.

Aztec Fluids & Machinery Limited IPO is expected to be listed on May 17, 2024, on BSE SME Platform.

Aztec Fluids & Machinery Limited IPO valuation snapshot: P/E 15.16, EPS ₹4.42/-, P/B 3.37, RoNW 22.69%, and market cap N/A.

To apply for Aztec Fluids & Machinery 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 Aztec Fluids & Machinery 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 Aztec Fluids & Machinery Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Aztec Fluids & Machinery Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Aztec Fluids & Machinery Limited IPO allotment status on IPO Ji for quick and easy access.