Aeron Composites Ltd

Aeron Composites Ltd IPO

Aeron Composites Ltd IPO Price Range is ₹121 - 125, with a minimum investment of ₹1,25,000 for 1000 shares.

₹1,25,000

/ 1000 shares

Minimum Investment

View Aeron Composites Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹121 - 125

Open Date

2024-08-28

Close Date

2024-08-30

IPO Size

₹56.10 Cr

Lot Size

1000 shares

Min Investment

₹1,25,000

Listing Exchange

NSE

Aeron Composites Ltd IPO Application Timeline

passed
Open Date28 Aug 2024
passed
Close Date30 Aug 2024
passed
Allotment Date2 Sep 2024
passed
Listing Date4 Sep 2024

Strengths and Risks

Strengths

Strengths

  • Revenue from multiple geographies from various countries across the Globe.

  • Consistent focus on quality.

  • Diverse range of Fiber Glass Reinforce Polymer Products.

  • Branding and promotional activities.

  • Experienced Senior Management.


Risks

Risks

  • Its business is capital intensive in nature. If the company is unable to raise additional funds whenever required, or on terms acceptable to it, the company may be required to scale down or abandon its expansion & growth plans and/or reduce capital expenditures and the size of its operations, any of which could materially and adversely affect its business, financial position and results of operations.

  • The company derives a significant portion of its revenues and a portion of the company expenditures from various countries outside India. Any adverse developments in these markets along with fluctuations in Exchange rates, may negatively impanct its results of operations.

  • Increase in the prices of raw materials and labour could have an adverse effect on its business, results of operations and financial condition.

  • The company is primarily dependent upon few key suppliers within limited geographical location for procurement of raw materials. Any disruption in the supply of raw materials from such selective suppliers and geographical location could have a material adverse effect on its business operations and financial conditions.

  • The company plan relating to establishment of its new manufacturing unit in Mehsana district of Gujarat, is subject to the risk of unanticipated delays in implementation and the company may requires to temporarily shut down its production operations while shifting to the new manufacturing unit which could have an impact on the production operations of the Company.

  • The Company, Directors, Promoters and Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.

  • If there are delays in setting up the Proposed manufacturing unit or if the costs of setting up and the possible time or cost overruns related to the Proposed manufacturing unit or the purchase of plant and machinery for the Proposed manufacturing unit are higher than expected, it could have a material adverse effect on its financial condition, results of operations and growthprospects.

  • The Company is yet to place orders for the machinery for the expansion of the proposed manufacturing unit. Any delay in placing orders or procurement of such machinery may delay the schedule of implementation and possibly increase the cost of commencing operations.

  • Under-utilization of its manufacturing capacities and an inability to effectively utilize the company existing manufacturing capacities could have an adverse effect on its business, future prospects and future financial performance.

  • The Company is in the process of making application for change in name in some of the permits, licenses and approvals, which are under Companys former name. Failures to update the same in a timely manner may adversely affect its operations and financial conditions.

How to Apply for Aeron Composites Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Aeron Composites Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Aeron Composites Ltd

Incorporated in 2011, Aeron Composites Limited is engaged in the business of manufacturing and supplying of Fiber Glass Reinforce Polymer Products i.e. FRP products including FRP Pultruded Products, FRP Moulded Gratings & FRP Rods tailored for various industrial applications. The Company provides comprehensive solution which includes conceptual design, prototype development, testing, manufacturing, logistic support, installation and after sales service. The Company is generating revenue from a combination of domestic operations and international endeavours from more than 30 countries across the Globe, serving over 800 customers. Further, our in-house R & D unit is registered with the Department of Scientific & Industrial Research for purpose of developing new products and processes.

Frequently Asked Questions of Aeron Composites Ltd IPO

What is the size of the Aeron Composites Ltd IPO?

The size of the Aeron Composites Ltd IPO is ₹56.1 Cr.

What is the allotment date of the Aeron Composites Ltd IPO?

Aeron Composites Ltd IPO allotment date is Sep 2, 2024 (tentative).

What are the open and close dates of the Aeron Composites Ltd IPO?

The Aeron Composites Ltd IPO will open on Aug 28, 2024 and close on Aug 30, 2024

What is the lot size of Aeron Composites Ltd IPO?

The lot size for the Aeron Composites Ltd IPO is 1000.

When will my Aeron Composites Ltd IPO order be placed?

Your Aeron Composites Ltd IPO order will be placed on Aug 28, 2024

Can we invest in Aeron Composites Ltd IPO?

Yes, once Aeron Composites Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Aeron Composites Ltd IPO?

The potential listing gains on the Aeron Composites Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Aeron Composites Ltd IPO?

'Pre-apply' for Aeron Composites Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.