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Airan Ltd IPO (Airan IPO) Detail

Mar 14, 2017 - Mar 16, 2017

Incorporated in 1995, Airan Ltd engaged in the activities of computer coaching. Currently the company is in Information Technology (IT) and Information Technology (IT) enabled services including Banking transaction processing services and Document management services for telecommunication companies, internet services provider, payment banks etc.

During the year 2004-2014, Company have been appointed as sole coordinators for locations in Gujarat & Rajasthan State for Cash Management Services (CMS) operations of various banks and also providing services related to clearing operations for Citibank NA across their 9 locations in Western India. Company also develops customized software applications including modification in software application for its clients.

Company Financials

Summary of financial Information
Particulars For the year/period ended (in Rs. Lakhs)
31-Oct-16 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets 3,716.90 3,053.22 2,979.99 2,286.86 1,969.07 1,940.76
Total Revenue 1,740.71 2,688.00 1,957.73 1,457.43 1,173.52 1,073.40
Profit After Tax (PAT) 129.06 144.67 81.40 86.26 81.20 69.54

Objects of the Issue

The objects of the Issue are:

1. To meet Working Capital Requirement;
2. To meet Capital Expenditure;
3. General Corporate Purpose;
4. To Meet Public Issue Expenses.

Airan IPO Details

IPO Date Mar 14, 2017 to Mar 16, 2017
Listing Date Friday, March 24, 2017
Face Value ₹10 per share
Price ₹45 per share
Lot Size 3000 Shares
Issue Size3,300,000 shares of ₹10
(aggregating up to ₹14.85 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Company Promoters

The Promoters of the Company are:

Individual Promoters

1. Mr. Sandeepkumar Agrawal
2. Mrs. Poonam Agrawal

Corporate Promoter

1. Airan Network Private Limited

Airan IPO Lot Size

The Airan IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹135,000).

Application Lots Shares Amount
Retail (Min) 1 3000 ₹135,000
Retail (Max) 1 3000 ₹135,000

Airan IPO Review

Only risk savvy cash surplus investors may consider investment for long term. Read detail review...


Airan IPO Subscription Status (Bidding Detail)

The Airan IPO is subscribed times on Mar 16, 2017 6:15:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Airan IPO Prospectus

Airan IPO Rating

85
3.7
Rating:Rated 3.7 stars
Vote Here ...

Airan IPO Listing Date

Listing Date Friday, March 24, 2017
BSE Script Code
NSE Symbol AIRAN
Listing In
ISIN INE645W01018
IPO Price ₹45 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
₹45.00
₹54.00
₹51.35
₹54.00
₹53.85

Company Contact Information

Airan Ltd
408, Kirtiman Complex,
B/h Rembrandt, C.G Road,
Ahmedabad – 380 006
Phone: +91 – 79 – 2646 2233
Email: shares@airanlimited.in
Website: http://www.airanlimited.in

Airan IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/

Airan IPO Review

Airan IPO Recommendation Summary

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Airan IPO FAQs

Airan IPO is a SME IPO of 3,300,000 equity shares of the face value of ₹10 aggregating up to ₹14.85 Crores. The issue is priced at ₹45 per share. The minimum order quantity is 3000 Shares.

The IPO opens on Mar 14, 2017, and closes on Mar 16, 2017.

KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Airan IPO opens on Mar 14, 2017 and closes on Mar 16, 2017.

Airan IPO lot size is 3000 Shares and the minimum order quantity is .

You can apply in Airan 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 Airan IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Airan IPO allotment status.

The Airan IPO listing date is on Friday, March 24, 2017.
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Airan IPO Message Board

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156 Comments

109. Ankitxyz |   Link |May 18, 2017 6:31:50 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Alloted 0/9
108. sauravk |   Link |May 18, 2017 2:28:35 PM
Top Contributor Top Contributor (200+ Posts, 400+ Likes)
amount unblocked. no allotment again :(
107. Prabhakaran Kuppusamy |   Link |May 11, 2017 5:02:26 PM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Trading at PE of 60 (more than twice expensive than its peers) and ~105% higher than issue price.
Beware.
106. Khemka |   Link |Mar 29, 2017 11:34:07 AM
IPO Guru IPO Guru (1000+ Posts, 400+ Likes)
Double within few days , now is 85 against IPO at 45 , nice
105. mukeshAHM |   Link |Mar 28, 2017 1:46:17 PM
AIRAN LTD @ 77 BUYER
105.1. IPOANALYSIS |   Link |Mar 29, 2017 1:56:41 AM
keep holding this Gem
104. Ankur Goell |   Link |Mar 24, 2017 12:55:03 PM
I cannot withdraw bid application in UCO bank. Does anybody face same issue or how can I withdraw the application?
103. Allan |   Link |Mar 24, 2017 11:50:55 AM
Top Contributor Top Contributor (200+ Posts)
Any target for Airan....i personally think this will hit the upper circuit on Monday again
102. MEGH |   Link |Mar 24, 2017 11:06:03 AM
MOGEMBO KHUS HUHAAAA

ARIAN SELL 52.50 3000
101. vishal chokshi |   Link |Mar 24, 2017 9:01:23 AM
Airan listing is today in EQ.
100. IPOANALYSIS |   Link |Mar 24, 2017 12:28:12 AM
Swastika other sme in IT fourth dimension has gone up 6 times. Will history repeat with the same
This is clear hold for big targets in future
100.4. Jo |   Link |Mar 24, 2017 8:40:30 PM
sir as per your advice i remain invested in AIRAN CO..nut now give your viwe about Bohara Industris..and also on LAXMI COTSPINMEAL
100.5. IPOANALYSIS |   Link |Mar 29, 2017 1:58:11 AM
both Bohra and Laxmi cotts i have applied and would remain invested as they are priced attractively.
99. MEGH |   Link |Mar 23, 2017 5:25:47 PM
AIRAN LTD LISTING DATE?

WHEN ?
99.1. NPT |   Link |Mar 23, 2017 11:50:36 PM
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
24th March.
All d best.
98. vishal chokshi |   Link |Mar 23, 2017 4:39:13 PM
http://kosmic.karvy.com:81/ipotrack/
97. vishal chokshi |   Link |Mar 23, 2017 4:38:40 PM
http://kosmic.karvy.com:81/ipotrack/
96. MEGH |   Link |Mar 23, 2017 4:03:09 PM
AIRAN LTD ALLOTMENT OUT OF KARY WEBSITE

DEKH LO DEKH LO
95. MEGH |   Link |Mar 23, 2017 2:32:23 PM
plzzzzzzzzzzzzzzzzzzzzzz
give the listing DATEEEEEEEEEEE


KARVY NOT A APPEAR THE CUSTOMER SATISFACTION
95.1. aditya rupareliya |   Link |Mar 23, 2017 5:10:44 PM
AIRAN listang tomorrow 24.03.17 Friday.
94. NARENDRA KOTECHA |   Link |Mar 23, 2017 1:52:35 PM
sir, pl give the date of listing
93. Karshit Dattani |   Link |Mar 22, 2017 10:51:49 PM
Where to check status it is not showing at website
93.1. Dhiraj Tewani |   Link |Mar 23, 2017 12:17:22 AM
Allotment will update on by tomorrow evening.
92. coolaks |   Link |Mar 22, 2017 10:33:48 PM
Yes I got allotment 1 lot. Now waiting for listing gains.
91. IPOANALYSIS |   Link |Mar 22, 2017 9:38:12 PM
Looking at their client list and business it looks like similar to fourth dimension type of issues .

keep adding this company for great returns.
91.1. Allan |   Link |Mar 23, 2017 7:04:18 PM
Top Contributor Top Contributor (200+ Posts)
@Ipoanalysis are we expecting 20% circuit tomorrow....
90. MEGH |   Link |Mar 22, 2017 9:25:31 PM
Karvy not a available status why? Tomorrow status? Kostak valo kab pata chalega