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Aeroflex Industries Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Aeroflex Industries Ltd IPO

Registered Office: Plot # 41 42/13 42/14 & 42/18,Taloja MIDC Vilg. Chal Panvel , Navi Mumbai - 410208 , Maharashtra , India.
Phone : 91-91-22-61467100/22-22850888   Fax:
Email :  corporate@aeroflexindia.com  
Website :  www.aeroflexindia.com
Initial public offer of 32,500,000^ equity shares of face value (Rs)2/- each ("Equity Shares") of Aeroflex Industries Limited for cash at a price of (Rs)108/- per equity share (including a share premium of (Rs)106/- per equity share) (the "Offer Price"), aggregating (Rs)351.00 crores ("Offer") comprising of a fresh issue of 15,000,000^ equity shares aggregating (Rs)162.00 crores by the company ("Fresh Issue") and an offer for sale of 17,500,000 equity shares aggregating to (Rs)189.00 crores comprising of 17,500,000 equity shares by Sat Industries Limited ("Promoter Selling Shareholder") ("The Offer for Sale"). The offer will constitute 25.13 % of the post-offer paid-up equity share capital of the company. The face value of the equity shares is (Rs)2/- each. the offer includes a reservation of 500,000 equity shares, aggregating (Rs)5.40 crores (constituting to 0.39% of the post-offer paid-up equity share capital), for subscription by holding company eligible shareholder. The offer less the reservation portion of holding company eligible shareholder is hereinafter referred to as the net offer. the offer and the net offer constitute 25.13% and 24.74% of the post-offer paid-up equity share capital.

Issue Money Payable On
Opens On Closes On Application Allotment
22-Aug-23 24-Aug-23 (Rs)108.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :130  Further Multiples of :130

  (Rs Cr) Lead Managers to the Issue
Project Cost 131.53
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 351.00  
Post Issue Equity Share Capital 25.86  
Issue Price (Rs)108.00  
 
Projects
Full or part repayment and/or prepayment of certain outstanding secured borrowings(including foreclosure charges, if any)availed by the companyGeneral corporate purposes and Unidentified inorganic acquisitions
Funding working capital requirements of the company
Promoted By
Sat Industries Ltd  
Listing At
BSE 
NSE 
Registrar to the Issue
MUFG Intime India Pvt Ltd