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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) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | ||
| Total Assets | 692.61 | 255.41 | 220.80 | 106.48 | 38.72 | |
| Total Revenue | 1,179.14 | 480.31 | 331.89 | 237.81 | 39.07 | |
| 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
| IPO Opening Date | Aug 20, 2018 |
| IPO Closing Date | Aug 24, 2018 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹38 per equity share |
| Market Lot | 3000 Shares |
| Min Order Quantity | 3000 Shares |
| Listing At | NSE SME |
| Issue Size | 1,257,000 Eq Shares of ₹10 (aggregating up to ₹4.78 Cr) |
The Aaron Industries IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹114,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 3000 | ₹114,000 |
| Maximum | 1 | 3000 | ₹114,000 |
The Aaron Industries IPO is subscribed 2.99 times on Aug 24, 2018 18:25. The public issue subscribed 2.65 in the retail category, in the QIB category, and 3.26 in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 3.26 |
| RII | 2.65 |
| Total | 2.99 |
| Listing Date | Monday, September 3, 2018 |
| BSE Script Code | |
| NSE Symbol | AARON |
| Listing In | |
| ISIN | INE721Z01010 |
| IPO Price | ₹38 per equity share |
| Face Value | ₹10 per equity share |
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Aaron Industries Limited
B-65 & 66,
Jawahar Road No. 4, Udhyog Nagar
Udhana, Surat-394210, Gujarat
Phone: +91-02612278410
Email: info1@aaronindustries.net
Website: http://www.aaronindustries.net/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Aaron Industries IPO is a SME IPO of 1,257,000 equity shares of the face value of ₹10 aggregating up to ₹4.78 Crores. The issue is priced at ₹38 per equity share. The minimum order quantity is 3000 Shares.
The IPO opens on Aug 20, 2018, and closes on Aug 24, 2018.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Aaron Industries IPO opens on Aug 20, 2018 and closes on Aug 24, 2018.
Aaron Industries IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.
You can apply in Aaron Industries 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 Aaron Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Aaron Industries IPO allotment status.
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