Aaron Industries Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

20 Aug 2018

Close Date

24 Aug 2018

Allotment

30 Aug 2018

Listing Date

03 Sep 2018

Exchange

NSE SME

Price Band

₹38

Listing Price

See chart

Allotment Status

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Price Band

₹38

Per share

Face Value

₹10 per share

Lot Size

3,000 Shares

per lot

Issue Size

12,57,000 shares (aggregating up to ₹4.78 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹114,000

1 lot

Pre-IPO Holding

35,25,838 shares

Promoters

Post-IPO Holding

47,82,838 shares

Promoters

UPI Deadline

2018-08-24

Mandate

Anchor AllotmentSun, 19 Aug 2018

Basis of AllotmentThu, 30 Aug 2018

Refund InitiationFri, 31 Aug 2018

Demat CreditFri, 31 Aug 2018

Listing DayMon, 03 Sep 2018

UPI Mandate Deadline2018-08-24

Sale TypeFresh Capital

Net Offer to Public11,94,000 shares (aggregating up to ₹4.54 Cr)

Market Maker Quota63,000 shares (aggregating up to ₹0.2394 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Aaron Industries Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 24 Aug 2018.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	63,000	—	₹0.24
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,257,000	100%	₹4.78

IPO Shares Offered

Aaron Industries Ltd. IPO total issue size: ₹4.78 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	63,000	₹0.24	5.01%
Total	1,257,000	₹4.78	100.00%

* Based on upper price band ₹38 per share

Lot Size & Investment

Lot Size

3,000

Shares per Lot

Issue Price

₹38.00

Upper Band

Min Investment

₹114,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	6,000	₹228,000
Retail (Max — 13 Lots)	13	39,000	₹1,482,000
S-HNI (Min — 14 Lots)	14	42,000	₹1,596,000
B-HNI (Min — 68 Lots)	68	204,000	₹7,752,000

* Issue Price ₹38 × Lot Size 3,000 shares

IPO Schedule

Anchor

19 Aug 2018

✓ Done

IPO Open

20 Aug 2018

✓ Done

IPO Close

24 Aug 2018

✓ Done

Allotment

30 Aug 2018

✓ Done

Refunds

31 Aug 2018

✓ Done

Demat Credit

31 Aug 2018

✓ Done

Listing Day

03 Sep 2018

✓ Done

₹38.00

INR · NSE

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Issue ₹38.00 Live Price

About Aaron Industries Ltd.

Aaron Industries Limited is a company engaged in the business of manufacturing and trading of Elevator products and other elevator parts with the continuation of existing business also. Currently, the company providesElevator product and parts including Elevator cabins, Doors, Frem, Header, Traction Machine etc.Aaron Industries also provides electronic equipment like Busbar chambers, Cable tray, Distribution boxes, Loom switch and building hardware material like Z perline and slotted channel etc.The company's total revenue increased to ` Rs 1,179.14 Lakh in 2018 from Rs 39.07 Lakh in 2014 at a CAGR of 97.67 %.The EBIDTA increased to Rs 160.73 Lakh in 2018, from Rs 1.45 Lakh in 2014 at a CAGR of 156.42%.

Objects of the Issue

1 To set up a new line of business in expansion plan

2 To meet working capital requirement

Aaron Industries Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹331.9

31-Mar-16

₹480.3

31-Mar-17

₹1,179.1

31-Mar-18

Profit After Tax (PAT)

₹3.9

31-Mar-16

₹4.9

31-Mar-17

₹107.0

31-Mar-18

Particulars	31-Mar-18	31-Mar-17	31-Mar-16
Revenue from Operations	1179.14	480.31	331.89
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	107.03	4.94	3.86
Net Worth	N/A	N/A	N/A
Total Assets	692.61	255.41	220.80
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered12,57,000 (100.00%)

Net Offer to Public11,94,000 shares (aggregating up to ₹4.54 Cr)

Reserved for Market Maker63,000 shares (aggregating up to ₹0.2394 Cr)

Pre-Issue Promoter Holding35,25,838 shares

Post-Issue Promoter Holding47,82,838 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

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Book Running Lead Managers

Gretex Corporate Services Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Aaron Industries Ltd. IPO subscribed? ▲

Aaron Industries Ltd. IPO is subscribed 1.00 times by Aug 24, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Aaron Industries Ltd. IPO retail subscription status? ▼

The Aaron Industries Ltd. IPO retail category is subscribed 1.00 times as of 24 Aug 2018. The retail portion is oversubscribed.

How to subscribe Aaron Industries Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 20 Aug 2018 and closes 24 Aug 2018. Min investment: ₹114,000 (1 lot = 3,000 shares). UPI mandate: 2018-08-24.

How many times Aaron Industries Ltd. IPO subscribed? ▼

The Aaron Industries Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Aaron Industries Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 30 Aug 2018. Refunds: on 31 Aug 2018.

When Aaron Industries Ltd. IPO will be listed? ▼

The Aaron Industries Ltd. IPO listing date is 03 Sep 2018, Monday. Listed on: NSE SME. Issue price: ₹38. Estimated listing: ₹38. GMP: NIL.

When Aaron Industries Ltd. IPO close? ▼

The Aaron Industries Ltd. IPO closes on 24 Aug 2018, Friday. UPI mandate: 2018-08-24. Allotment: 30 Aug 2018. Listing: 03 Sep 2018.

Quick Actions

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Live Price LIVE

Last Price₹38.00

Change—

Issue Price₹38.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹38

Face Value₹10

Lot Size3,000 Sh

Min. Amount₹114,000

GMPNIL

Est. Listing₹38

Subscribed1.00x

Open Date20 Aug 2018

Close Date24 Aug 2018

Allotment30 Aug 2018

Listing Date03 Sep 2018

ExchangeNSE SME

UPI Deadline2018-08-24