✓
Open
20 Aug 2018
✓
Close
24 Aug 2018
3
Allotment
—
✓
Listing
Mon, Sep 3, 2018
Price Band
₹38 per share
Issue Size
12,57,000 shares (agg. up to ₹5 Cr)
Lot Size
3,000 Shares
Listing Date
Mon, Sep 3, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.20x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|
| Assets | 6.93 | 2.55 | 2.21 |
| Total Income | 11.79 | 4.80 | 3.32 |
| Profit After Tax | 1.07 | 0.05 | 0.04 |
| NET Worth | 3.56 | 0.29 | 0.24 |
| Reserves and Surplus | 1.68 | 0.10 | 0.05 |
| Total Borrowing | 0.99 | 1.34 | 1.15 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Affordable Robotic & Automation Ltd. | SME | ₹22.79 Cr | ₹85 | null | ₹99.25 | +16.76% | ₹208.04 (+3.56%) |
| Innovators Facade Systems Ltd. | SME | ₹40.76 Cr | ₹72 | null | ₹75.60 | +5.00% | ₹119.00 (-0.50%) |
| Taylormade Renewables Ltd. | SME | ₹11.34 Cr | ₹35 | null | ₹37.80 | +8.00% | ₹84.25 (+1.01%) |
| Benara Bearings & Pistons Ltd. | SME | ₹33.49 Cr | ₹63 | null | ₹61.95 | -1.67% | ₹10.45 (-0.48%) |
| Macpower CNC Machines Ltd. | SME | ₹36.61 Cr | ₹140 | null | ₹162.05 | +15.75% | ₹1,334.60 (+0.97%) |
| ICE Make Refrigeration Ltd. | SME | ₹23.71 Cr | ₹57 | null | ₹68.40 | +20.00% | ₹804.65 (+2.09%) |
| Jash Engineering Ltd. | SME | ₹48.01 Cr | ₹120 | null | ₹144.00 | +20.00% | ₹525.25 (+0.77%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To set up a new line of business in expansion plan | 2.87 |
| 2 | To meet working capital requirement | 1.55 |
| Total | 4.43 |
About Aaron Industries IPO
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 providesElevator 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%.+ Read More
Contact Details
Aaron Industries Ltd. AddressB-65 & 66Jawahar Road No.4, Udhyog NagarUdhanaSurat, Gujarat, 394210+91-02612278410info1@aaronindustries.netVisit Website