Aaron Industries Limited IPO
NSE SMERs 1,14,000 / 3000 Shares
Aaron Industries Limited IPO Details
The Aaron Industries Limited IPO price band is set between Rs 38/- Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Bigshare Services Pvt. Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 20 Aug, 2018 and closes on 24 Aug, 2018. Investors can check the allotment status on 30 Aug, 2018, while the listing date is tentatively scheduled for 5 Sep, 2018.
The total issue size is Fresh Issue of 13,68,000 Equity Shares of Rs 10/- at a price of Rs 69/- per share aggregating to Rs 9.44 Cr, aggregating up to . Stay tuned for the latest Aaron Industries Limited IPO review and GMP updates.
Aaron Industries Limited IPO Review, Rating & Analysis
Aaron Industries Limited IPO Review
NO REVIEWAaron Industries Limited IPO Rating
Aaron Industries Limited IPO Highlights
IPO Date
Aug 20, 2018 - Aug 24, 2018
Listing Date
5 Sep, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 38/- Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Aaron Industries Limited IPO Lot Size
The minimum market lot for Aaron Industries Limited IPO is 3000 shares with an application amount of ₹1,14,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,14,000 |
| Retail (Max) | 1 | 3000 | ₹1,14,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,28,000 |
| S-HNI (Max) | 8 | 24000 | ₹9,12,000 |
| B-HNI (Min) | 9 | 27000 | ₹10,26,000 |
Aaron Industries Limited IPO Timeline
Issue Price
Rs 38/- Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt. LtdLead Manager
Gretex Corporate Services Private LimitedIssue Size
Fresh Issue of 13,68,000 Equity Shares of Rs 10/- at a price of Rs 69/- per share aggregating to Rs 9.44 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Amar Chinubhai Doshi
- Mr. Karan Amar Doshi
- Mr. Monish Amarbhai Doshi
- Ms. Radhika Amar Doshi
- Ms. Toral Karan Doshi
- Ms. Bhoomi Monish Doshi
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Aaron Industries Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 5,97,000 | 5,97,000 | 11,94,000 |
Day 1 -20-08-18 | 78,000 0.13 x | 51,000 0.09 x | 1,29,000 0.11 x |
Day 2 -21-08-18 | 2,88,000 0.48 x | 1,56,000 0.26 x | 4,44,000 0.37 x |
Day 3 -23-08-18 | 9,33,000 1.56 x | 5,37,000 0.90 x | 14,70,000 1.23 x |
Day 4 -24-08-18 | 19,92,000 3.34 x | 15,81,000 2.65 x | 35,73,000 2.99 x |
Frequently Asked Questions about Aaron Industries Limited IPO IPO
When will Aaron Industries Limited IPO open for subscription?
The Aaron Industries Limited IPO opens on 20 Aug, 2018 and closes on 24 Aug, 2018.
What is the investors portion for Aaron Industries Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 597000.
How to apply for Aaron Industries Limited IPO?
You can apply for Aaron Industries Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Aaron Industries Limited IPO?
The issue size of Aaron Industries Limited IPO is approx ₹Fresh Issue of 13,68,000 Equity Shares of Rs 10/- at a price of Rs 69/- per share aggregating to Rs 9.44 Cr crores.
What is the price band of Aaron Industries Limited IPO?
The price band for Aaron Industries Limited IPO is Rs 38/ to ₹ Per Equity Share.
What is the lot size of Aaron Industries Limited IPO?
The minimum bid (lot size) for Aaron Industries Limited IPO is 3000 shares with an investment of approx Rs 1,14,000 .
What is the allotment date of Aaron Industries Limited IPO?
The allotment date for Aaron Industries Limited IPO is 30 Aug, 2018.
What is the listing date of Aaron Industries Limited IPO?
The listing date for Aaron Industries Limited IPO is expected to be 5 Sep, 2018.
What is the GMP of Aaron Industries Limited IPO?
The latest Grey Market Premium (GMP) for Aaron Industries Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
