As of August 27, 2024, Aeron Composite Limited IPO has a ₹0 as Grey Market Premium, with a price range from ₹ 121 to ₹125 per share. Offering lots of 1000 shares, the subscription window is open from August 28 to August 30, 2024.
Aeron Composite Limited IPO GMP Today
The Grey Market Premium (GMP) for Aeron Composite Limited is ₹0 as of August 27, 2024. This assessment coincides with a price from ₹ 121 to ₹125 per share for the IPO.
Aeron Composite Limited IPO Review
Aeron Composite Limited Ltd has shown notable financial growth, with net worth increasing from ₹2,535.96 lakhs in March 2023 to ₹3,478.19 lakhs by March 2024. This growth is supported by substantial increases in profitability and EPS, showcasing strong investor confidence.
Profitability has improved significantly, with PAT jumping from ₹661.15 lakhs in March 2023 to ₹942.23 lakhs by March 2024. The company’s financial health is robust, as evidenced by growing assets and a reduced debt-equity ratio. Equity and liabilities have consistently increased, reflecting expansion potential, while an improvement in RoNW to 27.09% highlights enhanced shareholder value generation.
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Aeron Composite Limited IPO Date
Aeron Composite Limited will start accepting subscriptions from August 28 to August 30, 2024.
Aeron Composite Limited IPO Price
Aeron Composite Limited’s IPO price range is from ₹121 to ₹125 per share with a face value of ₹10 each.
Aeron Composite Limited
Aeron Composite Limited produces FRP products, including Pultruded Products, Moulded Gratings, and FRP Rods. With ISO 9001:2015 accreditation and a DSIR-registered R&D unit, the company has achieved “Two Star Export House” status under the 2023 Foreign Trade Policy. Since 2011, it has expanded globally, serving over 800 customers in 30+ countries from its Ahmedabad facilities.
How To Apply For Aeron Composite Ltd IPO?
To apply for the Aeron Composite Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Aeron Composite Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Aeron Composite Limited IPO at Alice Blue in just a few clicks!