Incorporated in 1993, Aeroflex Industries Limited, previously known as Suyog Intermediates Private Limited, manufactures and supplies environment-friendly metallic flexible flow solution products.
The company's product list 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 related end fittings. As on March 31, 2023, the company recorded more than 1,700 Product SKUs (Stock Keeping Units) in its product portfolio.
The IPO of Mumbai-based Aeroflex Industries, backed by marquee investor Ashish Kacholia, will open on August 21 and close on 23. The allocation to anchor investors will be finalized on August 18.
The company filed preliminary IPO papers with the regulator in March and secured regulatory approval for the same earlier this month. Before the IPO, Ashish Kacholia and Jagdish Master acquired stakes in the company.
| Aeroflex Industries IPO Financial Information (Restated Consolidated) |
|
| Period Ended |
31-Mar-20 |
31-Mar-21 |
31-Mar-22 |
31-Mar-23 |
| Assets |
157.19 |
161.64 |
183.44 |
213.98 |
| Revenue |
144.94 |
144.84 |
240.99 |
269.48 |
| Profit After Tax |
4.69 |
6.01 |
27.51 |
30.15 |
| Net Worth |
52.7 |
58.72 |
86.22 |
114.09 |
| Reserves and Surplus |
|
|
|
|
| Total Borrowing |
63.46 |
53.07 |
39.13 |
45.01 |
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GMP 57%
@bikidas2060 @tappukepapa @malikcool am i missing something ?
GMP is great but still QIB participation is low (for now)? bcoz of small IPO size?
Farak padta hai kya ,direct bank se karne pe or via broker se?