Aaron Industries IPO: GMP, Price, Dates, Issue Size 

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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 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

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 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

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) 

  1. Gretex Corporate Services Pvt Ltd (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

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