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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Aeron Composites Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹125
Per ShareLot Size
1000 Shares
Minimum Investment
₹1,25,000
Issue Size
₹56.1 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
73.63%
Issue Type
Book Building - SME
ISIN
INE0WL801011
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.
The Indian composites market is expected to reach an estimated value of US$ 1.9 billion by 2026 with a CAGR of 16.3% from 2021 to 2026 and the Indian consumption of composite materials will touch 7,68,200 tonnes in 2027. The global composites market size is projected to grow from USD 74.0 billion in 2020 to USD 112.8 billion by 2025, at a CAGR of 8.8%. The composites industry is growing due to the rise in demand for high performance materials, globally.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of upto 44,88,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Aeron Composite Limited ("The Company" or "The Issuer") at an issue price of Rs. 125 per equity share (including share premium of Rs. 115 per equity share) for cash, aggregating up to Rs. 56.10 crores ("Public Issue") out of which 2,28,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 125 per equity share for cash, aggregating Rs. 2.85 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion") and upto 2,10,000 equity shares Aggregating up to Rs. 2.63 crores for subscription by eligible employees (As defined Hereinafter) (The "Employee Reservation Portion"). The public issue less market maker reservation portion and Employee Reservation Portion i.e. issue of 40,50,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 125 per equity share for cash, aggregating upto Rs. 50.63 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.37% and 23.80% respectively of the post-issue paid-up equity share capital of the company.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Aeron Composite Limited was originally incorporated as Private Limited Company in the name of "Aeron Composite Private Limited" under the Companies Act, 1956 vide Certificate of Incorporation dated May 13, 2011 issued by, the Registrar of Companies, Gujarat, Dadra and Nagar Havelli with CIN U25209GJ2011PTC065419. Subsequently, pursuant to Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on May 06, 2024 the Company was converted into a Public Limited Company and consequently the name of the Company was changed from "Aeron Composite Private Limited" to "Aeron Composite Limited" vide a fresh certificate of incorporation consequent upon conversion from private company to public company dated June 19, 2024 issued by the Registrar of Companies, Central Processing Centre, bearing CIN U25209GJ2011PLC065419.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.