247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Aeron Composite Limited IPO (Aeron Composite IPO) Details

Aeron Composite Limited is an Plastic And Polymer based company, located in Ahmedabad, Aeron Composite Limited IPO size was 56.10 Cr. and was issued at 125.00 per share. The share of Aeron Composite Limited were listed at 157.50 per share and are currently trading at 164.15 per share.

Type :
Sub Sector : Manufacture And Supply Of Glass Fibre Reinforced Polymer Products
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
197.24 Cr.

PAT :
10.28 Cr.

Pricing Report

Issue Price :
125.00

Listing Price :
157.50

Current Market Price :
164.15

Issue Price vs CMP :
39.15 (31.32%)

listing Price vs CMP :
6.65 (4.22%)

Performance Report (CAGR* wise)

CAGR : 105.58
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Aeron Composite

Company Information
Aeron Composite Limited is engaged in manufacturing and supplying Fiber Glass Reinforced Polymer (FRP) products, including FRP Pultruded Products, FRP Moulded Gratings, and FRP Rods, customized for various industrial applications. It offers comprehensive solutions encompassing conceptual design, prototype development, testing, manufacturing, logistics support, installation, and after-sales service. FRP products, made from a composite material of a polymer matrix (resins) reinforced with fibers like fiberglass, carbon, or aramid, provide benefits such as corrosion and chemical resistance, high strength, lightweight properties, electrical and thermal non-conductivity, and ease of fabrication. The manufacturing unit holds ISO 9001:2015 accreditation for the design, manufacturing, and supply of various FRP products, including handrails, cable trays, fencing, moulded gratings, cross arms, poles, rods, and moulded mounting structures for solar panels. Additionally, the in-house
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Object of Issue
  • Funding the Capital Expenditure requirements towards setting up of an additional manufacturing unit
  • General Corporate Purposes

Aeron Composite SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Sep, 2024
IPO Size :
56.10 Cr.
Market Cap :
212.75 Cr.   
IPO Subscription :
41.07 X     
PE Multiple :
20.70
Merchant Banker :
Hem Securities Limited
IPO Registrar:
Maashitla Securities Private Limited

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FAQs

Aeron Composite operates in Plastic And Polymer and Manufacture And Supply Of Glass Fibre Reinforced Polymer Products. The Issue is listed on NSE EMERGE in Sep, 2024. Aeron Composite IPO size was 56.10 Cr. with Issue price of 125.00 .

Aeron Composite IPO subscription was 41.07 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Aeron Composite IPO listed at a listing price of 157.50 against the offer price of 125.00.

The current market price of Aeron Composite is 164.15.

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