Aeron Composite IPO

Aeron Composite Limited's IPO launches 44.88 lakh shares worth INR 56.10 crores to fund CapEx for a new manufacturing unit and support general corporate purposes.

Important Details

Open Date : August 28, 2024 Close Date : August 30, 2024 Allotment Date: September 2, 2024 Listing Date: September 4, 2024

Important Details

IPO Price: INR 121-125 per share Lot Size: 1000 Shares Total Issue Size: INR 56.10 crores

Fundamental Analysis

Aeron Composite IPO shows mixed performance: 1. Steady revenue increase & Rising profitability. 2. Improved EPS & RoNW. 3. Stronger financial position. 4. Efficient inventory management & Reduced debt.

Peer Comparison

No listed Indian companies are in a similar business line to Aeron Composite Limited, so industry comparisons are not available.

Objective

Aeron Composite Limited main objective is to fund CapEx for a new manufacturing unit.

Risks And Challenges

Aeron Composite IPO Risks: 1. Fluctuating raw material prices. 2. Supply disruptions. 3. Key supplier dependence. 4. Delays or cost overruns in new unit shift.