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AA Plus Tradelink Limited IPO (AA Plus Tradelink IPO) Detail

Jul 8, 2021 - Jul 13, 2021

Incorporated in 2016, AA Plus Tradelink Limited is engaged in the trading of products made of iron & steel, aluminium, graphite, and other alloy products. It offers a diversified range of products such as aluminium bars, Aluminium Scrap, Aluminium Powder, G I pipes, Graphite Flakes, Graphite Powder, Graphite Rods, Blocks and Plates, Graphite Square and Round, M S Pipe, M S Sheet, Nickel Powder, Zirconium Alloy, etc to clients in construction and manufacturing sector.

It further supplies Epoxy Floor coatings, PU Floor Coating, Epoxy Primer, and Epoxy Heat Resistance Coating.

Competitive strengths

  • Diversified product portfolio.
  • High-quality products.

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakhs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 1,020.24 964.00 1,159.24
Total Revenue 1,731.76 519.82 2,204.01
Profit After Tax 14.21 10.15 5.58

Objects of the Issue

  • Augmenting addition working capital requirements.
  • To meet general corporate purposes.

AA Plus Tradelink IPO Details

IPO Date Jul 8, 2021 to Jul 13, 2021
Listing Date Thursday, July 22, 2021
Face Value ₹10 per share
Price ₹18 per share
Lot Size 8000 Shares
Issue Size3,600,000 shares of ₹10
(aggregating up to ₹6.48 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

Ashok A. Shah and Rajkumar M. Singh are the company promoters.

AA Plus Tradelink IPO Tentative Timetable

AA Plus Tradelink IPO opens on Jul 8, 2021, and closes on Jul 13, 2021. The AA Plus Tradelink IPO bid date is from Jul 8, 2021 10.00 A.M. to Jul 13, 2021 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Tentative Date
Opening Date Jul 8, 2021
Closing Date Jul 13, 2021
Basis of Allotment Jul 16, 2021
Initiation of Refunds Jul 19, 2021
Credit of Shares to Demat Jul 19, 2021
Listing Date Jul 22, 2021

AA Plus Tradelink IPO Lot Size

The AA Plus Tradelink IPO lot size is 8000 shares. A retail-individual investor can apply for up to 1 lots (8000 shares or ₹144,000).

Application Lots Shares Amount
Retail (Min) 1 8000 ₹144,000
Retail (Max) 1 8000 ₹144,000

AA Plus Tradelink IPO Promoter Holding

Pre Issue Share Holding 58.63%
Post Issue Share Holding 32.78%

AA Plus Tradelink IPO Review

The company is engaged in the trading of metal and alloys which is highly fragmented and has stiff competition. Based on its financial track record, the issue appears exorbitantly priced. Hence there is no harm in skipping this issue. Read detail review...


AA Plus Tradelink IPO Subscription Status (Bidding Detail)

The AA Plus Tradelink IPO is subscribed 1.46 times on Jul 13, 2021 5:00:00 PM. The public issue subscribed 2.61 times in the retail category, 0.00 times in the QIB category, and 0.32 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII0.32
Retail2.61
Total1.46

AA Plus Tradelink IPO Prospectus

AA Plus Tradelink IPO Rating

82
3.2
Rating:Rated 3.2 stars
Vote Here ...

AA Plus Tradelink IPO Listing Date

Listing Date Thursday, July 22, 2021
BSE Script Code 543319
NSE Symbol
Listing In MT Group of Securities
ISIN INE0C5901014
IPO Price ₹18 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹18.00
₹17.50
₹17.50
₹17.50
₹17.50

Company Contact Information

AA Plus Tradelink Limited
B-702,Divine Jalpa,Gomati Bhuvan, Near Jain Temple
Jambli Gali, Borivali (West), Mumbai - 400092,

Phone: +91 22 2898 0308
Email: contact@aaplustradelink.com
Website: http://www.aaplustradelink.com/

AA Plus Tradelink IPO Registrar

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: http://www.purvashare.com

AA Plus Tradelink IPO Review

AA Plus Tradelink IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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IPO Broker Recommendations

AA Plus Tradelink IPO FAQs

AA Plus Tradelink IPO is a SME IPO of 3,600,000 equity shares of the face value of ₹10 aggregating up to ₹6.48 Crores. The issue is priced at ₹18 per share. The minimum order quantity is 8000 Shares.

The IPO opens on Jul 8, 2021, and closes on Jul 13, 2021.

Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in AA Plus Tradelink IPO using UPI as a payment gateway. Zerodha customers can apply in AA Plus Tradelink IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in AA Plus Tradelink IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'AA Plus Tradelink IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The AA Plus Tradelink IPO opens on Jul 8, 2021 and closes on Jul 13, 2021.

AA Plus Tradelink IPO lot size is 8000 Shares and the minimum order quantity is .

You can apply in AA Plus Tradelink IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for AA Plus Tradelink IPO will be done on Jul 16, 2021, and the allotted shares will be credited to your demat account by Jul 19, 2021. Check the AA Plus Tradelink IPO allotment status.

The AA Plus Tradelink IPO listing date is on Thursday, July 22, 2021.
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AA Plus Tradelink IPO Message Board

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10 Comments

8. Crow |   Link |Jul 28, 2021 4:11:06 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Anchor is almost entirely made up domestic MF houses. That''s one red flag for me, along with the extremely low fresh issue (8%) and PB ratio higher than sector average.
7. Grow India |   Link |Jul 24, 2021 4:44:15 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Kitne pe list hua hai??
6. Sachin audumbar shinde |   Link |Jul 22, 2021 10:19:37 AM
Two more sme IPO comes gretex & Rex pipe adminji add kijeye
5. Sarthak Deshmukh |   Link |Jul 15, 2021 3:48:06 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Next SME IPO? Any Guesses
5.1. Deepakkumar |   Link |Jul 16, 2021 5:54:48 PM
Top Contributor Top Contributor (200+ Posts)
Jo haal SME ka hai, isse duri hi sahi. Acche fundamental or idea wali company aaye to hi apply Karen. (The way SMEs are bahaving, it''s better to keep distance. Can apply if any company comes with good fundamental or new idea.) Right now main board or secondary market ke baad spare funds hi nahi.
4. Quality Comment |   Link |Jul 13, 2021 12:48:33 PM
Paid Marketing by Patel Wealth. Bogus broker.
3. Crow |   Link |Jul 12, 2021 10:07:34 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
At a PE of 67 - when the sector PE is around 23 - isn''t this ridiculous?
2. Sarthak Deshmukh |   Link |Jul 12, 2021 4:11:06 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Poor Retailers are getting trap in this IPO
1. Sarthak Deshmukh |   Link |Jul 4, 2021 5:55:48 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Overpriced IPO.....
1.1. EBERAJU |   Link |Jul 11, 2021 10:36:37 PM
How do you say it''s overpriced