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Open
28 Aug 2024
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Close
30 Aug 2024
3
Allotment
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Listing
Wed, Sep 4, 2024
Price Band
₹121 to ₹125
Issue Size
44,88,000 shares (agg. up to ₹56 Cr)
Lot Size
1,000 Shares
Listing Date
Wed, Sep 4, 2024
Latest GMP
₹34
Est. Gain
27.2%
✦ AI Insight
GMP Trend
04-09-2024₹34Est. ₹159+27.2%
03-09-2024₹34Est. ₹159+27.2%
02-09-2024₹34Est. ₹159+27.2%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 27.61x |
Restated Financials (₹ Cr.)
| Period Ended | 29 Feb 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 99.79 | 69.10 | 60.63 | 43.60 |
| Total Income | 180.80 | 181.99 | 109.93 | 79.06 |
| Profit After Tax | 9.42 | 6.61 | 3.62 | 2.55 |
| NET Worth | 34.78 | 25.36 | 15.57 | 12.08 |
| Reserves and Surplus | 33.22 | 23.79 | 14.27 | 10.78 |
| Total Borrowing | 12.08 | 14.00 | 12.56 | 10.43 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Associated Coaters Ltd. | SME | ₹5.11 Cr | ₹121 | 20.72 | ₹134.90 | +11.49% | ₹111.00 |
| Aimtron Electronics Ltd. | SME | ₹87.02 Cr | ₹161 | 27.13 | ₹253.05 | +57.17% | ₹1,681.35 |
| Vilas Transcore Ltd. | SME | ₹95.26 Cr | ₹147 | 13.12 | ₹225.75 | +53.57% | ₹353.60 |
| Storage Technologies & Automation Ltd. | SME | ₹29.95 Cr | ₹78 | 48.45 | ₹153.05 | +96.22% | ₹34.00 |
| Creative Graphics Solutions India Ltd. | SME | ₹54.40 Cr | ₹85 | 17.59 | ₹176.25 | +107.35% | ₹148.00 |
| Gabriel Pet Straps Ltd. | SME | ₹8.06 Cr | ₹101 | 35.94 | ₹120.75 | +19.55% | ₹58.00 |
| Megatherm Induction Ltd. | SME | ₹53.91 Cr | ₹108 | 10.68 | ₹207.90 | +92.50% | ₹227.75 |
| Siyaram Recycling Industries Ltd. | SME | ₹22.96 Cr | ₹46 | 8.3 | ₹57.75 | +25.54% | ₹34.55 |
| Holmarc Opto-Mechatronics Ltd. | SME | ₹11.40 Cr | ₹40 | 8.09 | ₹68.50 | +71.25% | ₹107.90 |
| Meson Valves India Ltd. | SME | ₹31.09 Cr | ₹102 | 15.47 | ₹203.45 | +99.46% | ₹152.45 |
| Jiwanram Sheoduttrai Industries Ltd. | SME | ₹17.07 Cr | ₹23 | 9.91 | ₹28.50 | +23.91% | ₹4.20 |
| Inox India Ltd. | Mainboard | ₹1,459.32 Cr | ₹660 | 39.22 | ₹939.95 | +42.42% | ₹2,215.90 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the Capital Expenditure requirements towards setting up of an additional manufacturing unit | 39.04 |
| 2 | General Corporate Purpose | 13.93 |
About Aeron Composite IPO
Updated on Aug 5, 2026
Contact Details
Aeron Composite Ltd. AddressSaket Ind.Estate, Plot No.30/31Sarkhej Bavla Highway, Village MoraiyaChangodarAhmedabad, Gujarat, 382213+91 9909988266cs@aeroncomposite.comVisit Website