Aaron Industries Limited is a company engaged in the business of manufacturing and trading of Elevator products and other elevator parts with the continuation of existing business also. Currently, the company provides
Elevator product and parts including Elevator cabins, Doors, Frem, Header, Traction Machine etc.
Aaron Industries also provides electronic equipment like Busbar chambers, Cable tray, Distribution boxes, Loom switch and building hardware material like Z perline and slotted channel etc.
The company's total revenue increased to ` Rs 1,179.14 Lakh in 2018 from Rs 39.07 Lakh in 2014 at a CAGR of 97.67 %.
The EBIDTA increased to Rs 160.73 Lakh in 2018, from Rs 1.45 Lakh in 2014 at a CAGR of 156.42%.
The Promoters of the Company are:-
1. Mr. Amar Chinubhai Doshi
2. Mr. Karan Amar Doshi
3. Mr. Monish Amarbhai Doshi
4. Ms. Radhika Amar Doshi
5. Ms. Toral Karan Doshi
6. Ms. Bhoomi Monish Doshi
|Particulars||For the year/period ended (in Rs. Lakhs)|
|Profit After Tax||107.03||4.94||3.86||3.66||0.84|
The Objects of the Issue are to:
1. Set up a new line of business in the expansion plan
2. Meet the working capital requirement; and
3. Meet the Public Issue Expenses
|Issue Open||Aug 20, 2018 - Aug 24, 2018|
|Issue Type||Fixed Price Issue IPO|
|Issue Size||1,257,000 Eq Shares of Rs 10 |
(aggregating up to Rs 4.78 Cr)
|Face Value||Rs 10 Per Equity Share|
|Issue Price||Rs 38 Per Equity Share|
|Market Lot||3000 Shares|
|Min Order Quantity||3000 Shares|
|Listing At||NSE SME|
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