Exchanges
BSE, NSE
Industry
Iron & Steel Products
Issue
Book building

Aeroflex Industries IPO

₹163.25

+51.16% on listing

Listing-day close · NSE · 31 Aug 2023 · issue price ₹108

Aeroflex Industries’ ₹351 crore IPO was priced at ₹108 a share. It listed on the NSE on 31 Aug 2023 and closed its first day at ₹163.25, up 51.16% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹351 Cr
Fresh issue
₹162 Cr
Offer for sale
₹189 Cr
Lot size
130 shares
Minimum investment
₹14,040
Face value
₹2
Registrar
MUFG Intime India

Subscription

Aeroflex Industries IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—69.39×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,397 Cr
ROE
26.43%
ROCE
31.96%
Debt to equity
0.39
PAT margin
11.19%
Promoter holding
91.09% → 66.99%

From the offer documents.

Listing

Listing date
31 Aug 2023
Issue price
₹108
Open
₹190.00
High
₹196.35
Low
₹162.30
Close
₹163.25

Listing day on the NSE. The close was +51.16% on the issue price.

AEROFLEX share price today

FAQs

When did the Aeroflex Industries IPO open and close?

It opened on 22 Aug 2023 and closed on 24 Aug 2023.

What was the Aeroflex Industries IPO price?

The price band was ₹102–108 a share. The final issue price was ₹108.

What is the lot size and minimum investment?

One lot is 130 shares, ₹14,040 at ₹108 a share. Retail investors apply in whole lots.

How much did Aeroflex Industries raise?

₹351 crore: ₹162 crore of new shares and ₹189 crore offered by existing shareholders.

How many times was the Aeroflex Industries IPO subscribed?

69.39 times overall.

How did Aeroflex Industries list?

It listed on the NSE on 31 Aug 2023 at ₹190.00 and closed the day at ₹163.25, up 51.16% on the ₹108 issue price.

Who is the registrar of the Aeroflex Industries IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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