IPO

Aztec Fluids & Machinery Limited IPO

BSE SME

Listed On: May 17, 2024 at ₹ 90.0

₹ 268000 /4000 Shares
*Min Investment

Check Allotment

10 May, 2024

Open Date

14 May, 2024

Close Date

15 May, 2024

Allotment Date

17 May, 2024

Listing Date
Aztec Fluids & Machinery Limited IPO Issue Details
  • Issue Price ₹63-67 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 36,00,000 shares(aggregating up to ₹24.12 crore)
  • Fresh Share 36,00,000 shares(aggregating up to ₹24.12 crore)
  • Listing at BSE SME
  • List Price 90.0
  • Listing Date 2024-05-17
  • Lead Manager Hem Securities Limited
  • Registrar Bigshare Services Pvt Ltd
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.

ApplicationLotsSharesAmount
Retail (min)12000₹1,34,000
Retail(max)12000₹1,34,000
NII (min) 24,000₹2,68,000
Aztec Fluids & Machinery Limited IPO Reservation

Aztec Fluids & Machinery Limited IPO offers total 3,600,000 shares. Out of which 684,000 (19%) allocated to QIB, 514,000 (14.28%) allocated to NII,1,198,000 (33.28%) allocated to RII, NA (NA%) allocated to employees and 1,022,000 (28.39%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares Offered1,022,000 (28.39%)
Market Maker Shares Offered182,000 (5.06%)
QIB Shares Offered684,000 (19%)
NII (HNI) Shares Offered514,000 (14.28%)
Retail Shares Offered1,198,000 (33.28%)
Total Shares Offered3,600,000 (100%)
Aztec Fluids & Machinery Limited IPO Documents
DRHP
RHP
Aztec Fluids & Machinery Limited IPO Details


Aztec Fluids & Machinery Limited IPO is an SME IPO, priced at ₹63-67 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 36,00,000 equity shares, aggregating up to ₹24.12 crores..

The IPO bidding window is open from May 10, 2024 to May 14, 2024. The allotment is expected to be finalized on May 15, 2024, and the tentative listing date is May 17, 2024.

The minimum lot size for Retail investors is 2000 shares, with a minimum investment of ₹1,34,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,68,000.

Hem Securities Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Hem Finlease Private Limited will act as the market maker for this issue.

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Aztec Fluids & Machinery Limited IPO Subscription Analysis And Details
Retail
228.43x
Total
203.03x
As onQIB / NIIRetailTotal
Shares Offered / Reserved684,000 / 514,0001,198,0002,396,000
Day 1 10-05-24 06:00 PM
1.75 / 3.69 x5.35 x3.97 x
Day 2 13-05-24 06:00 PM
2.85 / 19.86 x31.41 x20.78 x
Day 3 14-05-24 06:00 PM
107.93 / 252.78 x228.43 x203.03 x
Total No of Applications
1,66,207
Aztec Fluids & Machinery Limited Valuations
EPS Pre IPO ₹3.27/-
EPS Post IPO ₹4.42/-
P/E Pre IPO 20.47
P/E Post IPO 15.16
ROE 25.60%
ROCE 25.38%
Debt/Equity 0.28
RoNW 22.69%
PAT Margin 8.85
Price to Book Value 3.37
Aztec Fluids & Machinery Limited Company Financials
In Lakhs
In Lakh
31-Mar-2331-Mar-2231-Mar-21
Assets3,090.062,707.752,112.81
Revenue5,452.974,642.563,467.75
Profit After Tax327.38311.25246.28
Net Worth1,535.601,238.56958.92
Reserves & Surplus1,335.601,237.56957.92
Total Borrowing562.31552.40514.34
About Aztec Fluids & Machinery Limited Company

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.

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Aztec Fluids & Machinery Limited - Promoter(s)

Pulin Kumudchandra Vaidhya

Amisha Pulin Vaidhya

Kumudchandra Bhagwandas Vaidya

Pre Issue Share Holding : %

Post Issue Share Holding : %

Aztec Fluids & Machinery Limited IPO - Issue Objectives
1

Funding of the proposed acquisition of equity shares of Jet Inks Private Limited

2

Repayment of a portion of certain borrowing availed by our Company

3

General Corporate Purpose

Aztec Fluids & Machinery Limited IPO - Peers Comparison
Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)P/BV RatioFinancial statements
Aztec Fluids & Machinery Limited3.273.27N/AN/A21.32N/AStandalone
Control Print Ltd.32.3632.36N/A29.1317.23N/AStandalone

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 Details

Aztec Fluids & Machinery Limited

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

+91-7048333211

cs@aztecfluids.com

http://www.aztecindia.org/

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

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