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Aztec Fluids & Machinery Limited IPO GMP Today, Price Range and Company Details

News by Aliceblue News Desk

09 May 2024

Aztec Fluids & Machinery Limited IPO GMP Today, Price Range and Company Details

As of May 9, 2024, Aztec Fluids & Machinery IPO has ₹40 as Grey Market Premium, with a price range of ₹63 to ₹67 per share. Offering lots of 2000 shares, the subscription window is open from May 10, 2024 to May 14, 2024.

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Aztec Fluids & Machinery Limited GMP Today

The Grey Market Premium (GMP) for Aztec Fluids & Machinery Limited is ₹40 as of May 9, 2024. This assessment coincides with a price of ₹63 to ₹67 per share for the IPO.

Aztec Fluids & Machinery Limited IPO Review

Aztec Fluids & Machinery Limited exhibited steady revenue growth, rising from ₹4,571.55 lakhs in March 2022 to ₹5,426.11 lakhs by March 2023, and reached ₹5,092.86 lakhs in December 2023 for the nine-month period, showing improvement over the previous year.

The company’s profits grew, with PAT increasing from ₹311.25 lakhs in March 2022 to ₹450.74 lakhs by December 2023, while equity and liabilities also rose. However, a lower RoNW and a decreasing current ratio signal potential liquidity challenges despite reduced debt reliance.

Aztec Fluids & Machinery Limited IPO Date

Aztec Fluids & Machinery Limited will start accepting subscriptions from May 10, 2024 to May 14, 2024.

Aztec Fluids & Machinery Limited IPO Price

Aztec Fluids & Machinery Limited’s price range is ₹63 to ₹67 per share with a face value of ₹10 each.

Aztec Fluids & Machinery Limited

Aztec Fluids & Machinery Limited, founded in 2010, supplies coding and marking systems across various sectors. They offer a range of printers and consumables, including patented cartridges to combat counterfeiting. They produce some items in-house and procure others from Fluidtech Corp, a promoter-owned company. Aztec is expanding, with new facilities for printer assembly and testing under construction in Gujarat.

How To Apply For Aztec Fluids & Machinery Ltd IPO?

To apply for the Aztec Fluids & Machinery 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 Aztec Fluids & Machinery 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 Aztec Fluids & Machinery IPO at Alice Blue in just a few clicks!

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