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
Overall Subscription
97.07x
Total Demand
QIB Multiplier
194.73x
Institutions & Funds
NII / HNI
126.10x
High Net-Worth
Retail (RII)
34.35x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 6,276,490 | 1,222,231,140 | 194.73x |
| NIB | 4,932,353 | 621,948,990 | 126.10x |
| HNIs(10L +) | 3,288,236 | 413,663,510 | 125.80x |
| HNIs (2-10L) | 1,644,117 | 208,285,480 | 126.69x |
| RETAIL | 11,508,824 | 395,287,620 | 34.35x |
| Shareholder | 500,000 | 14,250,340 | 28.50x |
| Total | 28,150,020 | 2,875,667,080 | 97.07x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 87,500 | 3,005,625 | 34.35x |
| HNIs (10L +) | 560 | 70,616 | 126.10x |
| HNIs (2-10L) | 2,679 | 337,822 | 126.10x |
| Total Applications | 90,739 | 3,414,063 | 37.63x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Aeroflex Industries Limited Public Issue & Market Profile
Aeroflex Industries Limited is bringing an initial public offering (IPO) in the Capital Goods sector with an aggregate issue size of ₹351 Crores. The shares are offered at a price band of ₹102 to ₹108 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2023-08-24, the basis of allotment is scheduled to be finalized on 2023-08-29. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Aeroflex Industries Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Aeroflex Industries Limited IPO is ₹73 per equity share. Based on the upper price band of ₹102 to ₹108 per equity share, the estimated listing price is ₹181 (+67.6% expected listing gain).
What is the expected profit per lot for Aeroflex Industries Limited IPO?
With a lot size of 130 shares and current GMP of ₹73, the expected profit per application lot is approx ₹9,490 (+67.6% gain). Minimum application cost is approx ₹14,040.
What is the issue size and price band for Aeroflex Industries Limited IPO?
The Aeroflex Industries Limited IPO aggregate issue size is ₹351 Crores with an equity price band set at ₹102 to ₹108 per equity share. The retail lot size is 130 shares requiring a minimum capital outlay of approx. ₹14,040.
How can I check Aeroflex Industries Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 97.07x (Retail: 34.35x, QIB: 194.73x, NII: 126.10x). You can track live multiples directly on our dedicated subscription page.
Where and when will Aeroflex Industries Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2023-08-29. Investors can verify status using PAN card or application number.
When is the listing date for Aeroflex Industries Limited IPO?
Aeroflex Industries Limited shares are scheduled to list on NSE and BSE on 2023-08-31.