As the stock market buzzes with the anticipation of new listings, the upcoming Aeron Composite IPO has caught the attention of many investors. With its SME IPO offering, Aeron Composite Limited is set to tap into the capital markets. They aim to raise funds for its business expansion and operational enhancement. Let's catch up on a detailed insight into this upcoming IPO to invest and cover everything from its financials to the key highlights that investors need to know.
Aeron Composite Limited is gearing up for its Initial Public Offering (IPO), which aims to raise approximately ₹56 crore. The company has set a price band of ₹121-₹125 per share for its IPO. This SME IPO is a key opportunity for investors looking to invest in a company with a strong presence in the composite industry.
Here are the essential details for those interested in participating in the Aeron Composite Limited IPO:
| Parameter | Details |
| Aeron Composite Price Band | ₹121 - ₹125 per share |
| Aeron Composite IPO Lot Size | 1000 shares |
| Minimum Investment | ₹121,000 - ₹125,000 |
| Issue Size | ₹56 crore |
| Listing | NSE SME Platform |
| IPO Type | Book Built Issue IPO |
The IPO timeline is crucial for investors to track the progress of their applications. Below is the schedule for the Aeron Composite IPO dates:
| Event | Date |
| IPO Open Date | 28th August 2024 |
| IPO Close Date | 30th August 2024 |
| Basis of Allotment | 4th September 2024 |
| Initiation of Refunds | 5th September 2024 |
| Credit of Shares to Demat | 6th September 2024 |
| Listing Date | 9th September 2024 |
Aeron Composite Limited is a leading player in the composite industry, specialising in the design, development, and manufacturing of composite products. The company has a wide array of products, including FRP (Fiberglass Reinforced Plastic) gratings, cable trays, and structural profiles, catering to various industries like oil and gas, power, chemical, and more.
Before investing in any IPO, it's essential to understand the financial health of the company. Here’s a snapshot of Aeron Composite Limited’s financial performance:
| Financial Year | Revenue (₹ crore) | Net Profit (₹ crore) | Net Worth (₹ crore) |
| FY 2021-22 | 105 | 7.5 | 55 |
| FY 2022-23 | 112 | 8.1 | 63 |
| FY 2023-24 | 118 | 9.3 | 72 |
The company has shown consistent revenue growth and an increasing net profit, reflecting its strong market presence and operational efficiency.
Investing in the Aeron Composite Limited IPO could be an excellent opportunity for those looking to diversify their portfolio with a stake in the growing composite industry. The company’s strong financials, established market presence, and innovative product offerings make it a compelling choice. However, potential investors should also be mindful of the challenges, particularly the volatility associated with SME IPOs.
As you consider this investment, you might also explore other options available on our online trading platform. We offer a seamless trading experience with tools to help you make informed decisions. Whether you're interested in newly listed IPOs or the latest SME IPO opportunities, Ventura is here to assist you in your investment journey.
What is the lot size for the Aeron Composite IPO?
The lot size for the Aeron Composite IPO is 1000 shares.
What is Aeron Composite IPO price band?
The price band for the Aeron Composite IPO is ₹121 to ₹125 per share.
What is the Aeron Composite IPO GMP?
The Grey Market Premium (GMP) for the Aeron Composite IPO fluctuates based on market conditions; it’s advisable to check the latest GMP before investing.
How can I invest in the Aeron Composite IPO?
You can invest in the Aeron Composite IPO through Ventura's online trading platform by applying during the IPO subscription period.
For android only