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Aeron Composites 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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Aeron Composites Ltd IPO

Registered Office: Saket Ind.Estate Plot No.30/31,Sarkhej Bavla H.Ways Changodar , Ahmedabad - 382213 , Gujarat , India.
Phone : +91 99099 88266   Fax:
Email :  cs@aeroncomposite.com  
Website :  www.aeroncomposite.com
Initial public offer of upto 44,88,000 equity shares of face value of (Rs)10/- each (the "Equity Shares") of Aeron Composite Limited ("The Company" or "The Issuer") at an issue price of (Rs)125 per equity share (including share premium of (Rs)115 per equity share) for cash, aggregating up to (Rs)56.10 crores ("Public Issue") out of which 2,28,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)125 per equity share for cash, aggregating (Rs)2.85 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion") and upto 2,10,000 equity shares Aggregating up to (Rs)2.63 crores for subscription by eligible employees (As defined Hereinafter) (The "Employee Reservation Portion"). The public issue less market maker reservation portion and Employee Reservation Portion i.e. issue of 40,50,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)125 per equity share for cash, aggregating upto (Rs)50.63 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.37% and 23.80% respectively of the post-issue paid-up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
28-Aug-24 30-Aug-24 (Rs)125.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1000  Further Multiples of :1000

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Hem Securities Ltd
Project Financed through Current Offer 56.10  
Post Issue Equity Share Capital 17.02  
Issue Price (Rs)125.00  
 
Projects
Funding the capital expenditure requirements towards setting up of an additional mfg unitGeneral corporate purposes
Promoted By
Dilipkumar Ratilal Patel  
Chirag Chandulal Patel  
Pankaj Shantilal Dadhaniya  
Listing At
NSE - SME 
Registrar to the Issue
Maashitla Securities Pvt Ltd