Aartech Solonics Limited
ListedSMEIndustrials / Technology · BSE
Incorporated in 1982, Gwalior-based Aartech Solonics Limited is an R&D-focused enterprise specializing in energy appliances and electricity distribution and control apparatus, including switches, fuses, voltage limiters, surge suppressors, relays, sockets, panels, and power capacitors. Its popular products include BTS-2000, Kranking Ultra Capacitors, Control Relay Panels, and Load Checkers, and it also provides solutions for products from companies like GSUN Innovations and Bestcase Enclosures. Serving clients across industries such as Defense, Railways, Power Generation, Heavy Earth Moving Equipment, and Oil & Gas, Aartech operates a 1,000 sq. ft. Innovations Lab recognized by the Department of Science and Technology in 2013 for its R&D contributions. The company employs 55 full-time staff along with 10 contract employees.
Price Band
₹34
Issue Size
₹7.00 Cr
Lot Size
4000 shares
GMP
—
Est. Listing
₹34
at current GMP
Subscribed
—
Open
12 Mar 2019
Close
18 Mar 2019
Allotment
22 Mar 2019
Refund
23 Mar 2019
Demat Credit
24 Mar 2019
Listing
27 Mar 2019
Last updated 12 days ago
Key Highlights
- •Leading player in the Industrials / Technology segment
- •Price band established at ₹34 - ₹34 per equity share
- •Minimum bid lot is 4000 shares
- •Estimated listing target of ₹34 based on current grey market activity