Aspire & Innovative Advertising IPO, Review, IPO Performance by IPOPlatform India

About Aspire & Innovative Advertising

Company Information

Aspire & Innovative Advertising Limited is involved in trading a wide range of consumer durables, including kitchen appliances, home appliances, white goods, mobile phones and accessories, solar products, and more, from renowned brands such as Bajaj, Prestige, Vivo, Samsung, Crompton, Whirlpool, Hindware, Havells, and others. These products are offered at various price points to cater to diverse customer needs across India, with a focus on delivering products to rural and semi-urban areas. The company provides a single platform that brings multiple brands together, fulfilling customer requirements and enhancing their lifestyles. Founded in 2017, the business aims to deliver advanced products to India's rural and semi-urban populations, along with doorstep delivery, targeting unbanked and underbanked customer segments. To achieve this, the company collaborates with intermediaries like

Object of Issue

To meet Working Capital requirements and
To finance the cost of establishing new warehouses
General Corporate Purpose

Aspire & Innovative Advertising SME IPO Details (at the time of IPO)

IPO Type :

Book Building

IPO Date :

Apr, 2024

IPO Size :

21.97 Cr.

Market Cap :

81.96 Cr.

IPO Subscription :

15.17 X

PE Multiple :

10.42

Merchant Banker :
Hem Securities Limited

IPO Registrar:
Bigshare Services Private Limited

FAQs

1. What is Aspire & Innovative Advertising IPO?

Aspire & Innovative Advertising operates in Electric Equipments and Consumer Durables, Including Kitchen Appliances, Home Appliances. The Issue is listed on NSE EMERGE in Apr, 2024. Aspire & Innovative Advertising IPO size was 21.97 Cr. with Issue price of 54.00 .

2. Who is the merchant banker of Aspire & Innovative Advertising IPO?

Merchant Banker(s) of Aspire & Innovative Advertising IPO: Hem Securities Limited

3. How many times Aspire & Innovative Advertising IPO was subscribed?

Aspire & Innovative Advertising IPO subscription was 15.17 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.

4. What is the listing price of Aspire & Innovative Advertising IPO?

Aspire & Innovative Advertising IPO listed at a listing price of 59.30 against the offer price of 54.00.

5. What is the current market price of Aspire & Innovative Advertising IPO?

The current market price of Aspire & Innovative Advertising is 38.00.

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Post IPO Mentoring

Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Aspire & Innovative Advertising Limited IPO (Aspire & Innovative Advertising IPO) Details

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

Pricing Report

Performance Report (CAGR* wise)

About Aspire & Innovative Advertising

Company Information

Object of Issue

Aspire & Innovative Advertising SME IPO Details (at the time of IPO)

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