IPO

Aaron Industries Limited IPO

NSE SME

Offer Date: Aug 20, 2018 - Aug 24, 2018

₹ 114000 /3000 Shares

IPO Details

20 Aug, 2018

Open Date

24 Aug, 2018

Close Date

30 Aug, 2018

Allotment Date

05 Sep, 2018

Listing Date

Issue Price

Rs 38/- Per Equity Share 

Face Value

Rs 10 Per Equity Share 

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt. Ltd

Market Lot

3000 Shares (Rs 1,14,000/-)

Lead Manager

Gretex Corporate Services Private Limited

Issue Size

Fresh Issue of 13,68,000 Equity Shares of Rs 10/- at a price of Rs 69/- per share aggregating to Rs 9.44 Cr

Retail Portion

N/A

Subscription

35,73,000 2.99 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved5,97,0005,97,00011,94,000
Day 1 - 20-08-1878,000 0.13 x51,000 0.09 x1,29,000 0.11 x
Day 2 - 21-08-182,88,000 0.48 x1,56,000 0.26 x4,44,000 0.37 x
Day 3 - 23-08-189,33,000 1.56 x5,37,000 0.90 x14,70,000 1.23 x
Day 4 - 24-08-1819,92,000 3.34 x15,81,000 2.65 x35,73,000 2.99 x

Valuations

Earnings Per Share (EPS)

Rs 2.24/-

P/E Ratio

17

RoNW

30.05%

Net Asset Value (NAV) ( post issue )

Rs 18.94/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
Ushanti Colour Chem Limited2.1618.3527.42%36.75
N/AN/AN/AN/A
N/AN/AN/AN/A
N/AN/AN/AN/A

- Promoter(s)


Company Promoter(s)

  1. Mr. Amar Chinubhai Doshi
  2. Mr. Karan Amar Doshi
  3. Mr. Monish Amarbhai Doshi
  4. Ms. Radhika Amar Doshi
  5. Ms. Toral Karan Doshi
  6. Ms. Bhoomi Monish Doshi

IPO - Issue Objectives

  1. Set up a new line of business in the expansion plan.
  2. Meet the working capital requirement.
  3. Meet the Public Issue Expenses.

IPO - FAQs

Ans. Aaron Industries Limited IPO is a SME IPO. The issue is priced at Rs 38/- Per Equity Share . The minimum order quantity is 3000 Shares. The IPO opens on Aug 20, 2018, and closes on Aug 24, 2018. Bigshare Services Pvt. Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Aaron Industries Limited IPO opens on Aug 20, 2018 and closes on Aug 24, 2018.

Ans. The size of Aaron Industries Limited IPO is Fresh Issue of 13,68,000 Equity Shares of Rs 10/- at a price of Rs 69/- per share aggregating to Rs 9.44 Cr.

Ans. The IPO price band is set between Rs 38/- Per Equity Share .

Ans. To apply for Aaron Industries Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Aaron Industries Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Aaron Industries Limited IPO is Aug 30, 2018.

Ans. The Aaron Industries Limited IPO will be listed on Sep 5, 2018.

Ans. Follow the steps to check the allotment status for Aaron Industries Limited IPO here.