AA Plus Tradelink IPO Details

AA Plus Tradelink IPOAA Plus Tradelink IPO description – The company is engaged in the business of trading of products made of iron & steel, aluminium, graphite and other alloy products. It serves the corporate and other clients from construction and manufacturing industries. Its diverse product portfolio includes products such as Aluminium Bars, Rods & Profiles, Aluminium Powder, Aluminium Scrap, Ammonium Molybdenum, G I Pipe, Graphite Flakes and Circle, Graphite Powder, Graphite Rods, Blocks and Plates, Graphite Scrap, Graphite Square and Round, M S Pipe, M S Sheet, Matrix Powder, Nickel Powder, Tungsten, Zirconium Alloy. 

The company is also in the business of supplying Epoxy Floor Coating, Industrial Epoxy Floor Coating, Epoxy Floor Coating Marine, PU Floor Coating, Epoxy Coating, Epoxy Primer, Epoxy High Build Coating, Epoxy Heat Resistance Coating.

Promoters of AA Plus Tradelink – Ashok A Shah and Rajkumar M Singh
AA Plus Tradelink IPO details
Subscription Dates 8 – 13 July 2021
Price Band INR18 per share
Fresh issue 3,600,000 shares (INR6.48 crore)
Offer For Sale Nil
Total IPO size 3,600,000 shares (INR6.48 crore)
Minimum bid (lot size) 8,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
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AA Plus Tradelink financial performance (in INR lakhs)

FY2018 FY2019 FY2020
Revenue 2,204.0 519.8 1,731.8
Expenses 2,193.6 497.4 1,708.9
Net income 5.6 10.2 14.2
Net margin (%) 0.3 2.0 0.8

Registrar of AA Plus Tradelink IPO

Purva Sharegistry India Private Limited
Unit no. 9, Shiv Shakti Industrial Estate,
JR Boricha Marg, Lower Parel (E)
Mumbai – 400 011
Phone: +91 22 2301 2518
Email: [email protected]
Website: www.purvashare.com

Valuation of AA Plus Tradelink IPO (FY2020)

Earnings Per Share (EPS): INR0.31
Price/Earnings (PE ratio): 58.06
Return on Net Worth (RONW): 2.39%
Net Asset Value (NAV): INR13.00 per share

AA Plus Tradelink IPO Subscription Details

Day

Subscription (no. of times)

Day 1

0.26

Day 2

0.61

Day 3

1.46

Day 4

1.38

   

AA Plus Tradelink Contact Details

AA Plus Tradelink Limited
B-702, Divine Jalpa, Gomati Bhuvan,
Near Jain Temple, Jambli Gali,
Borivali (West), Mumbai – 400092
Phone: +91 22 2898 0308
Email: [email protected]
Website: www.aaplustradelink.com

AA Plus Tradelink IPO Allotment Status

AA Plus Tradelink IPO allotment status is now available on Purva Sharegistry’s website. Click on this link to get allotment status.

Listing Performance of AA Plus Tradelink

IPO Opening Date: 8 July 2021
IPO Closing Date: 13 July 2021
Finalisation of Basis of Allotment: 16 July 2021
Initiation of refunds:
19 July 2021 
Transfer of shares to demat accounts:
19 July 2021 
Listing Date
: 22 July 2021
Opening Price on BSE SME: INR17.5 per share (down 2.78% from IPO price)
Closing Price on BSE SME: INR17.5 per share (down 2.78% from IPO price)

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