Aaron Industries Ltd IPO

Closed

Subscription Details

  • Open Date 20 Aug
  • Close Date 24 Aug
  • Lot Size 3000
  • IPO Size ₹ 4.78 Cr
  • IPO Price Range ₹ 38
  • Min Investment ₹ 114000

Aaron Industries Ltd IPO Timeline

Open Date
20 Aug
Close Date
24 Aug
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public issue of upto 12,57,000 equity shares of face value of Rs.10.00 each (equity shares) of Aaron Industries Limited (the company or the issuer) for cash at a price of Rs.38.00 per equity share, including a share premium of Rs.28.00 per equity share (the issue price), aggregating Rs.4.78 Crores (the issue), of which 63,000 equity shares of face value of Rs.10.00 each for cash at a price of Rs.38.00 per equity share, aggregating Rs.0.24 Crores will be reserved for the market maker to the issue (the market maker reservation portion). The public issue less market maker reservation portion i.e. Net issue to public will be 11,94,000 equity shares of face value of Rs.10.00 each for cash at a price of Rs.38.00 per equity share, aggregating Rs.4.54 Crores is hereinafter refered to as the net issue. The public issue and the net issue will constitute 26.28%and 24.96% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 each and The issue price of Rs.38 is 3.8 times of the face value.

How to apply for an 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

Contact Details of Aaron Industries Ltd IPO

Contact Information

Address

B-65 & 66 1st Floor,
Jawahar Road No 4 Udhayog Nagr,
Surat, Gujarat 394210

Aaron Industries Ltd IPO Lead Manager

Gretex Corporate Services Pvt Ltd
Open Demat Account