Aartech Solonics Limited IPO
BSE SMEOffer Date: Mar 12, 2019 - Mar 18, 2019
₹ 136000 /4000 Shares
IPO Details
12 Mar, 2019
Open Date18 Mar, 2019
Close Date25 Mar, 2019
Allotment Date27 Mar, 2019
Listing DateIssue Price
Rs 34/- Per Equity ShareFace Value
Rs 10/- Per Equity ShareListing at Group
BSE SMERegistrar
BIGSHARE SERVICES PRIVATE LIMITEDMarket Lot
4000 Shares (Rs 1,36,000/-)Lead Manager
Swastika Investmart LimitedIssue Size
Fresh issue of 21,20,000 Equity Shares of Rs 10/- at a price of Rs 34/- per share aggregating to Rs 7.21 CrRetail Portion
N/ASubscription
40,12,000 2.00 timesIPO Docs
No related IPO documents available.
IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 10,04,000 | 10,04,000 | 20,08,000 |
| Day 1 - 12-03-19 | 12,32,000 1.23 x | 2,96,000 0.29 x | 15,28,000 0.76 x |
| Day 2 - 13-03-19 | 15,36,000 1.53 x | 4,88,000 0.49 x | 20,24,000 1.01 x |
| Day 3 - 14-02-19 | 18,28,000 1.82 x | 9,44,000 0..94 x | 27,72,000 1.38 x |
| Day 4 - 15-03-19 | 18,36,000 1.83 x | 11,20,000 1.12 x | 29,56,000 1.47 x |
| Day 5 - 18-03-19 | 23,64,000 2.35 x | 16,48,000 1.64 x | 40,12,000 2.00 x |
Valuations
Earnings Per Share (EPS)
Rs 1.07/-P/E Ratio
31.72RoNW
4.32%Net Asset Value (Post Issue)
Rs 35.41/-Company Financials All values are in ₹ Cr.
- Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Net Worth | |
|---|---|---|---|---|
| Aartech Solonics Limited | 0.96 | 31.72 | 4.32% | 11.10 |
| Star Delta Transformers Limited | 0.99 | 11.19 | 8.20% | 64.81 |
| Transformers and Rectifiers (India) Limited | 0.61 | 27.32 | 2.24% | 723.83 |
- Promoter(s)
Company Promoter(s)
- Mr. Anil Anant Raje
- Mrs. Chhaya Raje
IPO - Issue Objectives
- Investment in wholly owned subsidiary company - 'M/S AIC Aartech Solonics Private Limited'. ( Rs 2.00 Cr )
- Investment in wholly owned subsidiary company - 'M/S Faradigm Ultracapacitors Private Limited'. ( Rs 2.50 Cr )
- For General Corporate Expenses including Capital Expenditure & Research and Development Expenses. ( Rs 1.21 Cr )
- Working Capital Requirement. ( Rs 1.00 Cr )
- Meeting Public Issue Expenses. ( Rs 0.50 Cr )
IPO - FAQs
Ans. Aartech Solonics Limited IPO is a SME IPO. The issue is priced at Rs 34/- Per Equity Share . The minimum order quantity is 4000 Shares. The IPO opens on Mar 12, 2019, and closes on Mar 18, 2019. BIGSHARE SERVICES PRIVATE LIMITED is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Aartech Solonics Limited IPO opens on Mar 12, 2019 and closes on Mar 18, 2019.
Ans. The size of Aartech Solonics Limited IPO is Fresh issue of 21,20,000 Equity Shares of Rs 10/- at a price of Rs 34/- per share aggregating to Rs 7.21 Cr.
Ans. The IPO price band is set between Rs 34/- Per Equity Share .
Ans. To apply for Aartech Solonics Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Aartech Solonics 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 Aartech Solonics Limited IPO is Mar 25, 2019.
Ans. The Aartech Solonics Limited IPO will be listed on Mar 27, 2019.
Ans. Follow the steps to check the allotment status for Aartech Solonics Limited IPO here.
