Aeroflex Industries Ltd IPO: All You Need to Know Aeroflex Industries Ltd, a leading manufacturer and supplier of environment-friendly metallic flexible flow solution products, is all set to launch its initial public offering (IPO) on August 22, 2023. The company is looking to raise ₹351 crore through the IPO, which comprises a fresh issue of equity shares worth up to ₹160 crore and an offer-for-sale (OFS) of up to 17.5 million equity shares by the promoting shareholders. The IPO is being managed by Link Intime India Private Ltd. The shares are proposed to be listed on BSE and NSE. Here is a quick overview of the Aeroflex Industries Ltd IPO: Issue size: ₹351 crore Fresh issue: ₹160 crore OFS: Up to 17.5 million equity shares Price band: ₹102-108 per share Minimum investment: ₹130 (1 lot) IPO opens: August 22, 2023 IPO closes: August 24, 2023
About Aeroflex Industries Ltd Aeroflex Industries Ltd is a leading manufacturer and supplier of environment-friendly metallic flexible flow solution products. The company's products are used in a wide range of industries, including oil and gas, power, chemicals, and pharmaceuticals. Aeroflex Industries Ltd has a strong track record of growth. The company's revenue has grown at a CAGR of 20% over the past five years. In the financial year 2022-23, the company's revenue was ₹269.4 crore and its profit was ₹30.1 crore. Know more about Aeroflex Industries Ltd IPO. Aeroflex Industries Ltd has a strong brand reputation and a wide customer base. The company has over 850 customers in India and abroad. Investment Highlights Strong growth prospects: Aeroflex Industries Ltd is a growing company with a strong track record of revenue and profit growth. The company is expected to continue to grow in the coming years, driven by the increasing demand for its products in the global market. Strong brand reputation: Aeroflex Industries Ltd has a strong brand reputation in the industry. The company is known for its high-quality products and its commitment to customer service. Wide customer base: Aeroflex Industries Ltd has a wide customer base in India and abroad. The company's customers include some of the leading companies in the oil and gas, power, chemicals, and pharmaceutical industries.
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