Last updated on May 17, 2024
Aztec Fluids IPO description – Founded in 2010, Aztec Fluids & Machinery offers coding and marking solutions across various industries including personal care, food and beverages, pharmaceuticals, construction materials, cables, wires and pipes, metals, automotive and electronics, agrochemicals, and chemicals and petrochemicals. The company’s product portfolio encompasses (i) printers such as continuous inkjet printers (CIJ), thermal transfer over printers (TTO), drop-on-demand printers (DOD), piezoelectric printers (NIJ), and laser printers; (ii) printer inks; and (iii) printer consumables including makeup and cleaning solvents.
The company serves a prestigious clientele including Astral Limited, ADF Foods Limited, Eris Lifesciences Limited, Rossari Biotech Limited, Surya Roshni Ltd, Vectus Industries Ltd, ERIS Therapeutics Limited, Resinova Chemie Limited, Prince Pipe & Fittings Limited, Oswal Cables Pvt Ltd, Digicode, Codjet India, and Makson Pharmaceuticals. Its products are exported to countries such as India, Sri Lanka, Nepal, Bhutan, Bangladesh, Kenya, and Nigeria.
As of 31 December 2023, the company had a team of 28 employees focused on sales and marketing, along with 51 employees dedicated to providing after-sales service and support at client locations.
Promoters of Aztec Fluids & Machinery – Pulin Kumudchandra Vaidhya, Amisha Pulin Vaidhya, and Kumudchandra Bhagwandas Vaidya
Table of Contents
Aztec Fluids & Machinery IPO Details
| Aztec Fluids IPO Dates | 10 – 14 May 2024 |
| Aztec Fluids Issue Price | INR 63 – 67 per share |
| Fresh issue | 3,600,000 shares (INR 22.68 – 24.12 crore) |
| Offer For Sale | NIL |
| Total IPO size | 3,600,000 shares (INR 22.68 – 24.12 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 134,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
Aztec Fluids Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | 9M FY 2024 |
| Revenue | 33.90 | 45.72 | 54.26 | 50.93 |
| Expenses | 31.25 | 42.29 | 50.22 | 45.73 |
| Net income | 2.46 | 3.11 | 3.27 | 4.51 |
Aztec Fluids Offer News
- Aztec Fluids RHP
- Aztec Fluids Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Aztec Fluids Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 2.46 | 3.11 | 3.27 |
| PE ratio | – | – | 19.27 – 20.49 |
| RONW (%) | 25.68 | 25.13 | 21.32 |
| NAV | 9.59 | 12.39 | 15.36 |
| ROCE (%) | 26.51 | 24.86 | 22.07 |
| EBITDA (%) | 10.36 | 8.88 | 8.59 |
| Debt/Equity | 0.54 | 0.45 | 0.37 |
Aztec Fluids IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 16 May 2024 | 40 | – | 58,000 |
| 15 May 2024 | 30 | – | 45,000 |
| 14 May 2024 | 30 | – | 42,000 |
| 13 May 2024 | 32 | – | 46,000 |
| 11 May 2024 | 35 | – | 51,000 |
| 10 May 2024 | 35 | – | 54,000 |
| 9 May 2024 | 37 | – | 55,200 |
| 8 May 2024 | 32 | – | 48,500 |
| 7 May 2024 | 25 | – | 40,000 |
Aztec Fluids IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 6,84,000 | 5,04,000 | 11,98,000 | 23,86,000 |
| 14 May 2024 | 107.93 | 252.78 | 228.43 | 203.03 |
| 13 May 2024 | 2.85 | 14.94 | 31.46 | 19.41 |
| 10 May 2024 | 1.75 | 2.73 | 5.35 | 3.69 |
The market maker reservation portion of 1,92,000 shares is not included in the above calculations.
Aztec Fluids IPO Allotment Status
Aztec Fluids IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Aztec Fluids IPO Dates & Listing Performance
| IPO Opening Date | 10 May 2024 |
| IPO Closing Date | 14 May 2024 |
| Finalization of Basis of Allotment | 15 May 2024 |
| Initiation of refunds | 16 May 2024 |
| Transfer of shares to demat accounts | 16 May 2024 |
| Aztec Fluids IPO Listing Date | 17 May 2024 |
| Opening Price on BSE SME | INR 90 per share (up 34.33%) |
| Closing Price on BSE SME | INR 85.50 per share (up 27.61%) |
Aztec Fluids Offer Lead Manager
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Phone: +91- 022- 49060000
Email:Â [email protected]
Website:Â www.hemsecurities.com
Aztec Fluids Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â [email protected]
Website:Â www.bigshareonline.com
Aztec Fluids & Machinery IPO Contact Details
AZTEC FLUIDS & MACHINERY LIMITED
Part H Plinth,4th Floor, Takshashila Square,
Near Krishnabag Four Rd, Maninagar, Ahmedabad, Gujarat-380028
Phone: +91-7048333211
E-mail: [email protected]
Website: www.aztecindia.org
IPO FAQs
What is the Aztec Fluids & Machinery IPO size?
Aztec Fluids’ offer size is INR 22.68 – 24.12 crores.
What is the Aztec Fluids offer price band?
Aztec Fluids’ public offer price is INR 63 – 67 per share.
What is the lot size of the Aztec Fluids Offer?
Aztec Fluids offer lot size is 2,000 shares.
What is Aztec Fluids IPO GMP today?
Aztec Fluids IPO GMP today is INR 40 per share.
What is the Aztec Fluids kostak rate today?
Aztec Fluids kostak rate today is INR NA per application.
What is Aztec Fluids Subject to the Sauda rate today?
Aztec Fluids is Subject to the Sauda rate today is INR 58,000 per application.
