Aaron Industries IPO is set to make its debut on 20th Aug 18 with 4.78 Cr in the business of manufacturing and trading of Elevator products.
Aaron Industries IPO – overview
| IPO Dates | 20-24 Aug 18 |
| IPO Price | INR 38 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 1,257,000 shares (INR 4.78 crore) |
| Minimum bid (lot size) | 3000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Aaron Industries IPO – Tentative Dates
| IPO Offer Opening Date | 24 Aug 2018 |
| IPO Closing Date | 29 Aug 2018 |
| Finalization of Basis of Allotment | 3 Sept 2018 |
| Initiation of refunds | 4 Sept 2018 |
| Transfer of shares to demat accounts | 5 Sept 2018 |
| IPO Listing Date | 6 Sept 2018 |
Company Overview
Aaron Industries Limited is a company engaged in the business of manufacturing and trading of Elevator products and other elevator parts with the continuation of existing business also. Currently, the company provides
Elevator products and parts including Elevator cabins, Doors, Frem, Header, Traction Machine etc.
Aaron Industries also provides electronic equipment like Busbar chambers, Cable tray, Distribution boxes, Loom switch and building hardware material like Z perline and slotted channel etc.
The company’s total revenue increased to ` Rs 1,179.14 Lakh in 2018 from Rs 39.07 Lakh in 2014 at a CAGR of 97.67 %.
The EBIDTA increased to Rs 160.73 Lakh in 2018, from Rs 1.45 Lakh in 2014 at a CAGR of 156.42%.
Objects of the Issue
- Set up a new line of business in the expansion plan.
- Meet the working capital requirement.
- Meet the Public Issue Expenses
Company Financials
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
| Total Assets | 692.61 | 255.41 | 220.80 |
| Total Revenue | 1,179.14 | 480.31 | 331.89 |
| Profit After Tax | 107.03 | 4.94 | 3.86 |
Company Contact Information
Aaron Industries Limited
B-65 & 66,
Jawahar Road No. 4, Udhyog Nagar
Udhana, Surat-394210, Gujarat
Phone: +91-02612278410
Email: info1@aaronindustries.net
Website: http://www.aaronindustries.net/
Aaron Industries IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Aaron Industries IPO Lead Manager(s)
- Gretex Corporate Services Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
