Aeron Composite IPO

Aeron Composites Ltd

₹1,21,000 /1000 sharesMinimum Investment

Aeron Composite IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹125.00₹150.00₹25.00 (20.00%)

Aeron Composite IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
28 Aug ‘24 - 30 Aug ‘24₹1,21,0001,000₹121 - ₹125
Issue SizeIPO Doc
56.10Cr
RHP PDF

Subscription rate

As of 30 Aug'24, 05:00 PM
Qualified Institutional Buyers0.00x
Non-Institutional Investor0.00x
Retail Individual Investor0.00x
Employees0.00x
Total34.85x

About Aeron Composite

Aeron Composite is a producer and distributor of fiber-reinforced polymer (FRP) products, including pultruded products, molded gratings, and rods designed for a variety of industrial uses. The company offers services that include conceptual design and prototype development, manufacturing, logistics, installation, and post-sale support. FRP products, composed of a polymer matrix reinforced with fibres, such as fibre-glass, carbon, or aramid, provide several advantages. These include resistance to corrosion and chemicals, high strength, lightweight characteristics, non-conductivity of electricity and heat, and ease of fabrication.;
Founded in
2011
Managing director
Mr. Chirag Chandulal Patel
Parent organisation
Aeron Composites Ltd

Strengths & Financials of Aeron Composite

Strengths
Risks
Aeron Composite's manufacturing facility holds ISO 9001:2015 certification for the design, manufacturing, and supply of a wide range of FRP products.
The company distributes its products in over 30 countries worldwide, demonstrating a robust global presence.
Financially, Aeron Composite has shown a consistent rise in revenue from operations over the years. It rose from Rs 78.82 crore in FY21 to Rs 108.33 crore in FY22 to Rs 179.38 crore in FY23. Profit after tax (PAT) also increased from Rs 2.55 crore in FY21 to Rs 3.62 crore in FY22 to Rs 6.61 crore in FY23.

Aeron Composite Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Aeron Composite IPO

Apply asPrice bandApply upto
Regular121 - 125₹2 Lakh
Employee121 - 125₹2 Lakh
High Networth Individual121 - 125₹2 - 5 Lakh
For Aeron Composite IPO, eligible investors can apply as Regular & Employee.
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