What is the issue size of Aeroflex Industries IPO?

The issue size of the Aeroflex Industries IPO is Rs 351.00 crores.

What is 'pre-apply' for Aeroflex Industries IPO?

Pre-apply will alow you to apply for the Aeroflex Industries IPO 2 days before the subscription period starts.

If I pre-apply for Aeroflex Industries IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the Aeroflex Industries IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my Aeroflex Industries IPO order is placed?

We will notify you when your Aeroflex Industries IPO order is placed with the exchange.

What are the open and close dates of the for Aeroflex Industries IPO?

Aeroflex Industries IPO will be open between 22 August - 24 August, 2023.

What is the lot size and minimum order quantity of the Aeroflex Industries IPO?

Aeroflex Industries Limited IPO lot size is 130 shares.

What are the allotment dates for the Aeroflex Industries IPO?

Aeroflex Industries IPO allotment date is 29 August, 2023. For Aeroflex Industries IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Aeroflex Industries IPO?

Aeroflex Industries IPO registrar is Link Intime India Private Ltd. You can check Aeroflex Industries IPO allotment status on the website of the registrar.

Where is the Aeroflex Industries IPO getting listed?

The shares are proposed to be listed on BSE and NSE.

Aeroflex Industries IPO

Aeroflex Industries Limited

₹13,260 /130 sharesMinimum Investment

Aeroflex Industries IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
BSE & NSE₹108.00₹190.00₹82.00 (75.93%)
Aeroflex Industries IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
22 Aug ‘23 - 24 Aug ‘23₹13,260130₹102 - ₹108
Issue SizeIPO Doc
351.00CrRHP PDF
Subscription Status As on 24 Aug '23, 5:00 PMQualified Institutional Buyers
194.73x
Non-Institutional Investor
126.10x
Retail Individual Investor
34.35x
Employees
0.00x
Total
97.07x
About Aeroflex IndustriesAeroflex Industries, started in 1993, is a manufacturer and supplier of environmentally friendly metallic flexible flow solution products. Their product range includes braided hoses, unbraided hoses, solar hoses, gas hoses, vacuum hoses, braiding, interlock hoses, hose assemblies, lancing hose assemblies, jacketed hose assemblies, exhaust connectors, exhaust gas recirculation (EGR) tubes, expansion bellows, compensators, and the associated end fittings.
The company manufactures metallic flexible flow solutions using stainless steel. However, they have recently expanded their product line to include solutions made of bronze as well. Their products are alternatives to flow solutions made of rubber and polymers.
The company serves a diverse range of industries as end users. These industries include steel, oil and gas, refineries, aerospace and defense, metals and mining, solar energy, and various other sectors requiring flexible flow solutions for transporting substances in the form of air, liquids, and solids. ;
Parent Organisation
Aeroflex Industries Limited
Founded
1993
Managing Director
Mr. Asad Daud
Strengths & Risks
Aeroflex Industries expanded its presence in the global market by entering 8 new countries as export destinations. They successfully supplied their products to 217 customers across 51 different countries. 
As of March 31, 2023, the company had more than 1,700 product SKUs in its portfolio.
The company is a prominent manufacturer of metallic flexible flow solutions within India. 
Their manufacturing facility in Taloja, Navi Mumbai, Maharashtra, has a production capacity of 11 crores meters per annum. 
Aeroflex Industries has established a NABL-accredited laboratory within its manufacturing facility to ensure stringent quality control. 
As of March 31, 2023, the company's Design and R&D team had a pipeline of 57 products under different development phases. 
Aeroflex Industries relies heavily on its export operations, contributing over 80% of its revenue. The company faces the risk of significant import duties or restrictions imposed by the relevant jurisdictions. It could adversely affect its business.
The company does not enter into long-term contracts with its raw material suppliers. Any loss of major suppliers, an increase in the cost of raw materials, or a shortage in their availability or quality could disrupt the company's operations.
The company operates solely from a single manufacturing facility. Therefore, any slowdown or shutdown in its manufacturing operations could adversely affect its business.
The company does not have long-term contracts with most of its customers. Losing one or more customers or reducing their demand for the company's products could harm its business.
The company's Promoter is currently involved in a tax proceeding, and an unfavorable decision could lead to penalties or monetary compensation.
The company heavily relies on its top five customers in India and globally for significant revenue.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹102 - 108₹2 Lakh
High Networth Individual₹102 - 108₹2 - 5 Lakh
For Aeroflex Industries IPO, eligible investors can apply as Regular.

Listed On	Issue Price	Listing Price	Listing Gains
BSE & NSE	₹108.00	₹190.00	₹82.00 (75.93%)

Bidding Dates	Min. Investment	Lot Size	Price Range
22 Aug ‘23 - 24 Aug ‘23	₹13,260	130	₹102 - ₹108

Issue Size	IPO Doc
351.00Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹102 - 108	₹2 Lakh
High Networth Individual	₹102 - 108	₹2 - 5 Lakh

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