Aeroflex Industries IPO Description – Incorporated in 1993, Aeroflex Industries is a manufacturer and supplier of environment-friendly metallic flexible flow solution products catering to global as well as domestic markets. The company exports the products to more than 80 countries including Europe, the USA, and others. Its exports contributed to 80.85%, 84.53%, 80.90%, and 74.74% of the revenue from operations, for the ten months period ended 31 January 2023 and FY 2022, 2021, and 2020, respectively.
During the ten months ended 31 January  2023, it supplied the products to 633 customers. Aeroflex Industries’ manufacturing facility, located at Taloja, Navi Mumbai in the state of Maharashtra, is spread across 3,59,528 square feet of area.
The company’s product categories include 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 31 January 2023, it had more than 1,700 Product SKUs (Stock Keeping Units) in the product portfolio.
Promoters of Aeroflex Industries – Sat Industries Limited
Aeroflex Industries IPO Details
| Aeroflex Industries IPO Dates | 22 – 24 August 2023 |
| Aeroflex Industries IPO Price | INR 102 – 108 per share |
| Fresh issue | INR 162 crores |
| Offer For Sale | 1,75,00,000 shares (INR 178.50 – 189.0 crores) |
| Total IPO size | INR 340.5 – 351 crore |
| Minimum bid (lot size) | 130 shares (INR 14,040) |
| Face Value | INR 2 per share |
| Retail Allocation | 35% |
| Shareholder Reservation | 5,00,000 shares |
| Listing On | BSE, NSE |
Aeroflex Industries Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 144.77 | 240.80 | 269.46 |
| Expenses | 135.16 | 204.54 | 225.20 |
| Net income | 6.01 | 27.51 | 30.15 |
| Margin (%) | 4.15 | 11.42 | 11.19 |
Aeroflex Industries Offer News
- Aeroflex IPO: All You Need to Know About India’s Top Flow Products Maker
- Aeroflex Industries RHP
- Aeroflex Industries DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Aeroflex Industries Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.53 | 2.41 | 2.64 |
| PE ratio | – | – | 38.64 – 40.91 |
| RONW (%) | 10.24 | 31.90 | 26.43 |
| NAV | 5.14 | 7.54 | 9.98 |
| ROCE (%) | 17.13 | 36.29 | 31.91 |
| EBITDA (%) | 15.43 | 19.39 | 20.05 |
| Debt/Equity | 0.90 | 0.45 | 0.39 |
Aeroflex Industries IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 30 August 2023 | 70 | 300 | 7,000 |
| 29 August 2023 | 70 | 300 | 7,000 |
| 28 August 2023 | 70 | 350 | 7,000 |
| 24 August 2023 | 55 | 350 | 7,000 |
| 23 August 2023 | 55 | 300 | 6,000 |
| 22 August 2023 | 62 | 300 | – |
| 21 August 2023 | 65 | 300 | – |
| 19 August 2023 | 60 | 300 | – |
| 18 August 2023 | 55 | 300 | – |
| 17 August 2023 | 50 | – | – |
| 16 August 2023 | 18 | – | – |
| 14 August 2023 | 18 | – | – |
| 12 August 2023 | 20 | – | – |
Aeroflex Industries IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Shareholder | Total |
|---|---|---|---|---|---|
| Shares Offered | 62,76,490 | 49,32,353 | 1,15,08,824 | 500,000 | 2,32,17,667 |
| 24 Aug 2023 | 194.73 | 126.08 | 34.20 | 28.47 | 96.99 |
| 23 Aug 2023 | 8.05 | 46.42 | 17.78 | 11.46 | 21.10 |
| 22 Aug 2023 | 1.17 | 14.11 | 6.71 | 3.63 | 6.72 |
Aeroflex Industries IPO Allotment Status
Aeroflex Industries IPO allotment is now available on Link Intime’s website. Click on this link to get allotment status.
Meanwhile, bank debits and funds unblocking have also started. Check bank balance to know allotment status.
Aeroflex Industries IPO Dates & Listing Performance
| Aeroflex Industries IPO Opening Date | 22 August 2023 |
| Aeroflex Industries IPO Closing Date | 24 August 2023 |
| Finalization of Basis of Allotment | 29 August 2023 |
| Initiation of refunds | 30 August 2023 |
| Transfer of shares to demat accounts | 31 August 2023 |
| Aeroflex Industries IPO Listing Date | 31 August 2023 |
| Opening Price on NSE | INR 190 per share (up 75.93%) |
| Closing Price on NSE | INR 163.60 per share (up 51.48%) |
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Aeroflex Industries Offer Lead Manager
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
Pantomath Nucleus House,
Saki Vihar Road, Andheri East, Mumbai – 400072
Phone: +91-22 6194 6700
Email:Â [email protected]
Website:Â www.pantomathgroup.com
Aeroflex Industries Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 247 Park, 1st Floor, L.B.S. Marg,
Vikhroli West, Mumbai, 400 083, Maharashtra
Phone:Â +91 22 4918 6200
Email:Â [email protected]
Website:Â www.linkintime.com
Aeroflex Industries Contact Details
AEROFLEX INDUSTRIES LIMITED
Plot No. 41, 42/13, 42/14 & 42/18, near Taloja MIDC,
Village Chal, Behind IGPL, Panvel, Navi Mumbai – 410 208
Phone:Â +91 91 22 61467100/ 22 22850888
Email:Â [email protected]
Website: www.aeroflexindia.com
Aeroflex Industries IPO FAQs
How many shares in Aeroflex Industries IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in Aeroflex Industries Public Offer?
The best way to apply in Aeroflex Industries public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Aeroflex Industries IPO GMP today?
Aeroflex Industries IPO GMP today is INR 70 per share.
What is Aeroflex Industries kostak rate today?
Aeroflex Industries kostak rate today is INR 300 per application.
What is Aeroflex Industries Subject to Sauda rate today?
Aeroflex Industries Subject to Sauda rate today is INR 7,000 per application.
