Airo Lam IPO is about to debut on 25 September 2017, with an issue size of 15.02CR. Airo Lam Limited, established in 2007, is a prominent manufacturer and supplier of high-pressure decorative laminates worldwide. The company offers various products such as laminated sheets, pre-laminated boards, and laminated floorings under various brands like Classico, Airolam, I-Lam, and more. These laminates are widely used in kitchen and bathroom furniture, workshops, interior doors, countertops, and interior wall linings.
Airo Lam Limited caters to a diverse range of customers including homes, offices, schools, colleges, hospitals, hotels, shopping malls, food courts, airports, and more through a network of dealers. They have a vast distribution network of approximately 70 dealers and 4 stock points nationwide. Moreover, the company also exports its products to countries like UAE, Syria, Kuwait, Bangladesh, Dubai, Singapore, Iran, etc.
Industry Overview
The company offers a wide range of decorative laminates, pre-laminated boards, and laminated floorings under various brands. These products find applications in various sectors such as residential, commercial, and industrial, including kitchen and bathroom furniture, workshops, interior doors, countertops, and interior wall linings.
Airo Lam Limited has a strong distribution network of approximately 70 dealers and 4 stock points across the country. The company also exports its products to several countries, thereby expanding its reach in the international market. With its focus on quality and innovation, Airo Lam Limited has carved a niche for itself in the laminates industry, and its products are widely recognized for their durability and aesthetic appeal.
Airo Lam IPO Details
| IPO Date | Sep 25, 2017 to Sep 27, 2017 |
| Listing Date | Oct 6, 2017 |
| Face Value | ₹10 per share |
| Price | ₹36 to ₹38 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 4,000,000 shares(aggregating up to ₹15.20 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
Company Financials
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | ||
| Total revenue | 55.2 | 64.2 | 67.2 | 64.1 | 71.5 | |
| Total expenses | 53.1 | 62.0 | 64.9 | 61.6 | 68.6 | |
| Profit after tax | 1.4 | 1.5 | 1.6 | 1.7 | 1.9 | |
Objects of the Issue
The object of the issue are:
1. Funding the working capital requirements of the Company
2. General Corporate Purpose
Airo Lam IPO Prospectus
Company Contact Information
Airo Lam Ltd
Survey No. 355,
Nananpur Road, N.H. No.8,
Village- Dalpur , Tahsil-Prantij – 383 12
Phone: +91 2770-240572
Email: info@airolam.com
Website: http://www.airolam.com
Airo Lam IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: airolam.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Airo Lam IPO Lead Manager(s)
- Pantomath Capital Advisors Pvt Ltd (Past IPO Performance)
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