What you must know about Aztec Fluids and Machinery IPO?
by 5paisa Research Team
07 May 2024
Aztec Fluids IPO Details
- Open Date 10-May-24
- Close Date 14-May-24
- Lot Size 2000
- IPO Size ₹ 24.12 Cr
- IPO Price Range ₹ 63 to ₹ 67
- Min Investment ₹ 126,000
- Listing Exchange BSE SME
- Basis of Allotment 15-May-24
- Refunds 16-May-24
- Credit to Demat Account 16-May-24
- Listing Date 17-May-24
Aztec Fluids & Machinery IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 10-May-24 | 1.75 | 3.69 | 5.35 | 3.97 |
| 13-May-24 | 2.85 | 19.86 | 31.41 | 20.78 |
| 14-May-24 | 107.93 | 341.94 | 228.43 | 218.38 |
Aztec Fluids IPO Synopsis
Last Updated: 14th May, 2024 by 5paisa
Aztec Fluids & Machinery Limited IPO is all set to open from 10th May to 14th May 2024. The company is engaged in coding and marking solutions for a diverse range of industries. The IPO includes a fresh issue of 3,600,000 shares worth ₹24.12 cr. The share allotment date is 15th May 2024, and the IPO will be listed on 17th May 2024 on the stock exchanges. The price band is ₹63 to ₹67 and the lot size is 2000 shares.
Hem Securities Limited is the book-running lead manager for this IPO, while Bigshare Services Private Limited is the registrar.
Objectives of Aztec Fluids & Machinery IPO
Aztec Fluids & Machinery Limited plans to utilize the raised capital from the IPO to:
● To fund the equity shares acquisition of Jet Inks Private Limited.
● To repay a part of the debt obtained.
● General Corporate Purposes.
Aztec Fluids & Machinery IPO Size
| Types | Size (₹Cr) |
|---|---|
| Total IPO size | 24.12 |
| Offer for sale | - |
| Fresh issue | 24.12 |
Aztec Fluids & Machinery IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹134,000 |
| Retail (Max) | 1 | 1000 | ₹134,000 |
| HNI (Min) | 2 | 2000 | ₹268,000 |
Aztec Fluids & Machinery IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.) |
|---|---|---|---|---|
| Anchor Allocation | 1 | 10,22,000 | 10,22,000 | 6.85 |
| Market Maker | 1 | 1,82,000 | 1,82,000 | 1.22 |
| QIB | 107.93 | 6,84,000 | 7,38,24,000 | 494.62 |
| NII (HNI) | 341.94 | 5,14,000 | 17,57,56,000 | 1,177.57 |
| Retail | 228.43 | 11,98,000 | 27,36,60,000 | 1,833.52 |
| Total | 218.38 | 23,96,000 | 52,32,40,000 | 3,505.71 |
Aztec Fluids & Machinery IPO Anchor Allocation
| Anchor Bid Date | 9 May, 2024 |
| Total no. of shares offered | 1,022,000 |
| Portion Size for Anchor Investors | 6.85 Cr. |
| Lock in Period for 50% shares (30 days) | 14 June, 2024 |
| Lock in Period for rest of shares (90 days) | 13 August, 2024 |
About Aztec Fluids & Machinery
Established in 2010, Aztec Fluids & Machinery is engaged in coding and marking solutions for a diverse range of industries. This includes personal care, food & beverages, pharmaceuticals, construction materials, cables, wires & pipes, metals, automotive & electronics, agrochemicals, chemicals & petrochemicals, and more.
Its product range includes:
● Printers such as continuous inkjet printers (CIJ), Thermal Transfer Over printers (TTO), Drop on demand printers (DOD), NIJ printers (i.e. piezoelectric printers) and laser printers
● Printer inks
● Printer consumable items such as makeup and cleaning solvents
Aztec Fluids & Machinery helps its clientele in printing information like batch number, date, price, logo, brand, size, barcodes, promotional codes, meter marks, special marks etc. on products such as steel tubes, aluminum panels, G.I. sheets, laminates, glass, PVC, plywood, woven sac, corrugated boxes, plastics and packing materials. It is also an exclusive distributor of Lead Tech (Zhuhai) Electronic Co. Ltd., China for CIJ Printers, and TTO Printers.
The company’s office is based in Ahmedabad, Gujarat with a warehouse in Kanera, Kheda, Gujarat.
Peer Comparison
● Control Print Limited
For More Information:
Webstory on Aztec Fluids & Machinery IPO
Aztec Fluids & Machinery Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 54.26 | 45.71 | 33.89 |
| EBITDA | 4.65 | 4.06 | 3.51 |
| PAT | 3.27 | 3.11 | 2.46 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 30.90 | 27.07 | 21.12 |
| Share Capital | 2.00 | 0.01 | 0.01 |
| Total Borrowings | 15.54 | 14.69 | 11.53 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | 4.47 | 1.80 | 0.078 |
| Net cash from / (used in) investing activities | -1.28 | -1.37 | 0.19 |
| Net cash flow from / (used in) financing activities | -0.73 | -0.28 | -0.034 |
| Net increase (decrease) in cash and cash equivalents | 2.46 | 0.15 | 0.24 |
Aztec Fluids IPO Key Points
-
Strengths
1. The company has a well-diversified customer base spread across various industries and geography.
2. It has a varied product range.
3. It has strong customer relationships.
4. Experienced Promoters and management team.
-
Risks
1. The company is dependent on a limited number of external suppliers for its product requirements.
2. A significant portion of the revenue from the sale comes from CIJ printers.
3. It operates in a highly competitive industry.
4. The business is subject to strict quality requirements.
5. Exposed to foreign currency fluctuation risks.
6. High working capital requirements.
Aztec Fluids
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
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Aztec Fluids IPO FAQs
When does the Aztec Fluids & Machinery IPO opens and closes?
Aztec Fluids & Machinery IPO opens from 10th May to 14th May 2024.
What is the size of the Aztec Fluids & Machinery IPO?
The size of Aztec Fluids & Machinery IPO is ₹24.12 cr.
How to apply for the Aztec Fluids & Machinery IPO?
To apply for Aztec Fluids & Machinery IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Aztec Fluids & Machinery IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
What is the price band of Aztec Fluids & Machinery IPO?
The price band of Aztec Fluids & Machinery IPO is fixed at ₹63 to ₹67 per share.
What is the minimum lot size and investment required for the Aztec Fluids & Machinery IPO?
The minimum lot size of Aztec Fluids & Machinery IPO is 2000 shares and the investment required is ₹1,26,000.
What is the allotment date of the Aztec Fluids & Machinery IPO?
The share allotment date of Aztec Fluids & Machinery IPO is 15th May 2024.
What is Aztec Fluids & Machinery IPO listing date?
The Aztec Fluids & Machinery IPO will be listed on 17th May 2024.
Who are the book runners for the Aztec Fluids & Machinery IPO?
Hem Securities Limited is the book-running lead manager for Aztec Fluids & Machinery IPO.
What is the objective of Aztec Fluids & Machinery IPO?
Aztec Fluids & Machinery plans to utilize the raised capital from the IPO to:
● To fund the equity shares acquisition of Jet Inks Private Limited.
● To repay a part of the debt obtained.
● General Corporate Purposes.
Contact Details of Aztec Fluids & Machinery IPO
Contact Information
Aztec Fluids & Machinery Limited
Part H Plinth,4th Floor,
Takshashila Square, Near Krishnabag Four Rd
Maninagar, Ahmedabad,-380028
Phone: +91-7048333211
Email: cs@aztecfluids.com
Website: http://www.aztecindia.org/
Aztec Fluids & Machinery IPO Register
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Aztec Fluids & Machinery IPO Lead Manager
Hem Securities Limited
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