Aeroflex Industries Limited
ListedMainboardCapital Goods · NSE / BSE
Incorporated in 1993, Aeroflex Industries Limited (formerly Suyog Intermediates Pvt. Ltd.) manufactures and supplies eco-friendly metallic flexible flow solution products. Its product range includes braided and unbraided hoses, solar hoses, gas hoses, vacuum hoses, interlock hoses, hose assemblies, EGR tubes, expansion bellows, compensators, and related fittings, with over 1,700 SKUs as of March 31, 2023. The company operates a large certified manufacturing facility at Taloja, Navi Mumbai spread across 3,59,528 sq. ft. Aeroflex serves distributors, OEMs, fabricators, MRO companies, and industrial clients, and reported revenue of ₹2,694.78 million in FY23 and ₹2,409.92 million in FY22.
Price Band
₹102 – ₹108
Issue Size
₹351 Cr
Lot Size
130 shares
GMP
₹73
+67.6%
Est. Listing
₹181
at current GMP
Subscribed
97.07x
overall
Open
22 Aug 2023
Close
24 Aug 2023
Allotment
29 Aug 2023
Refund
30 Aug 2023
Demat Credit
31 Aug 2023
Listing
31 Aug 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Capital Goods segment
- •Price band established at ₹102 - ₹108 per equity share
- •Minimum bid lot is 130 shares
- •Estimated listing target of ₹181 based on current grey market activity