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Open
22 Aug 2023
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Close
24 Aug 2023
3
Allotment
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Listing
Thu, Aug 31, 2023
Price Band
₹102 to ₹108
Issue Size
3,25,00,000 shares (agg. up to ₹351 Cr)
Lot Size
130 Shares
Listing Date
Thu, Aug 31, 2023
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 69.39x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 213.98 | 183.44 | 161.64 | 157.19 |
| Total Income | 269.48 | 240.99 | 144.84 | 144.94 |
| Profit After Tax | 30.15 | 27.51 | 6.01 | 4.69 |
| NET Worth | 114.09 | 86.22 | 58.72 | 52.70 |
| Total Borrowing | 45.01 | 39.13 | 53.07 | 63.46 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Cosmic CRF Ltd. | SME | ₹57.21 Cr | ₹314 | 35.64 | ₹238.65 | -24.00% | ₹1,210.65 |
| Krishca Strapping Solutions Ltd. | SME | ₹17.93 Cr | ₹54 | 3.43 | ₹112.90 | +109.07% | ₹160.00 |
| De Neers Tools Ltd. | SME | ₹22.99 Cr | ₹101 | null | ₹180.50 | +78.71% | ₹174.50 |
| Pattech Fitwell Tube Components Ltd. | SME | ₹12.00 Cr | ₹50 | 46.73 | ₹57.75 | +15.50% | ₹114.85 |
| Maiden Forgings Ltd. | SME | ₹23.84 Cr | ₹63 | 8.38 | ₹59.86 | -4.98% | ₹106.90 |
| Quality Foils (India) Ltd. | SME | ₹4.52 Cr | ₹60 | 4.16 | ₹97.70 | +62.83% | ₹63.00 |
| Earthstahl & Alloys Ltd. | SME | ₹12.96 Cr | ₹40 | 4.22 | ₹57.75 | +44.38% | ₹13.00 |
| Swastik Pipe Ltd. | SME | ₹62.52 Cr | ₹100 | 11.38 | ₹69.30 | -30.70% | ₹19.00 |
| Rhetan TMT Ltd. | SME | ₹56.00 Cr | ₹70 | 63.64 | ₹66.50 | -5.00% | ₹28.00 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Full or part repayment and/or prepayment of certain outstanding secured borrowings (including foreclosure charges, if any) availed by the Company | 32.00 |
| 2 | Funding working capital requirements of the Company | 84.00 |
| 3 | General corporate purposes and Unidentified Inorganic Acquisitions | 15.53 |
About Aeroflex Industries IPO
Updated on Aug 5, 2026
Contact Details
Aeroflex Industries Ltd. AddressPlot No.41, 42/13, 42/14 & 42/18near Taloja MIDC, Village Chal, Behind IGPLPanvelNavi Mumbai, Maharashtra, 410208+91 22 61467100corporate@aeroflexindia.comVisit Website