Airo Lam Ltd IPO
NSE SMERs 1,14,000 / 3000 Shares
Airo Lam Ltd IPO Details
The Airo Lam Ltd IPO price band is set between Rs 36 - Rs 38 Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 25 Sep, 2017 and closes on 27 Sep, 2017. Investors can check the allotment status on 3 Oct, 2017, while the listing date is tentatively scheduled for 6 Oct, 2017.
The total issue size is 40,00,000 Equity Shares of Rs 10 aggregating up to Rs 15.20 Cr, aggregating up to . Stay tuned for the latest Airo Lam Ltd IPO review and GMP updates.
Airo Lam Ltd IPO Review, Rating & Analysis
Airo Lam Ltd IPO Review
NO REVIEWAiro Lam Ltd IPO Rating
Airo Lam Ltd IPO Highlights
IPO Date
Sep 25, 2017 - Sep 27, 2017
Listing Date
6 Oct, 2017
Face Value
Rs 10 Per Equity Share
Price Band
Rs 36 - Rs 38 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Airo Lam Ltd IPO Lot Size
The minimum market lot for Airo Lam Ltd 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 |
Airo Lam Ltd IPO Timeline
Issue Price
Rs 36 - Rs 38 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdLead Manager
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITEDIssue Size
40,00,000 Equity Shares of Rs 10 aggregating up to Rs 15.20 CrPromoters & Share Holding
Promoter(s) Name
- Pravinbhai N. Patel
- Sureshbhai Patel
- Pravinbhai A. Patel
- Prafulkumar Patel
- Daxesh Raval
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Airo Lam Ltd IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 18,96,000 | 18,96,000 | 37,92,000 |
Day 1 -25-09-17 | 0.0 x | 0.10 x | 0.05 x |
Day 2 -26-09-17 | 1.02 x | 1.12 x | 1.07 x |
Day 3 -27-09-17 | 56.78 x | 8.60 x | 32.69 x |
Frequently Asked Questions about Airo Lam Ltd IPO IPO
When will Airo Lam Ltd IPO open for subscription?
The Airo Lam Ltd IPO opens on 25 Sep, 2017 and closes on 27 Sep, 2017.
What is the investors portion for Airo Lam Ltd IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1896000.
How to apply for Airo Lam Ltd IPO?
You can apply for Airo Lam Ltd 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 Airo Lam Ltd IPO?
The issue size of Airo Lam Ltd IPO is approx ₹40,00,000 Equity Shares of Rs 10 aggregating up to Rs 15.20 Cr crores.
What is the price band of Airo Lam Ltd IPO?
The price band for Airo Lam Ltd IPO is Rs 36 to ₹ Rs 38 Per Equity Share.
What is the lot size of Airo Lam Ltd IPO?
The minimum bid (lot size) for Airo Lam Ltd IPO is 3000 shares with an investment of approx Rs 1,14,000 .
What is the allotment date of Airo Lam Ltd IPO?
The allotment date for Airo Lam Ltd IPO is 3 Oct, 2017.
What is the listing date of Airo Lam Ltd IPO?
The listing date for Airo Lam Ltd IPO is expected to be 6 Oct, 2017.
What is the GMP of Airo Lam Ltd IPO?
The latest Grey Market Premium (GMP) for Airo Lam Ltd 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.
