
Capital Goods / Aerospace & Engineering · NSE
Aeron Composite Limited was founded in 2011 and specializes in making FRP (Fibre Reinforced Polymer) products used in various industries. They manufacture FRP pultruded products, FRP moulded gratings, and FRP rods, offering complete solutions from design and testing to manufacturing, installation, and after-sales service. Their production facility is located at Saket Industrial Estate, covering 26,320 square metres, and is ISO 9001:2015 certified. The company produces items like handrails, cable trays, fencing, poles, and solar panel mounting structures (MMS). As of July 31, 2024, the company had 433 employees working at different levels.
Price Band
₹121 – ₹125
Issue Size
₹56.10 Cr
Lot Size
1000 shares
GMP
+27.2%
Est. Listing
₹159
at current GMP
Subscribed
38.45x
overall
Open
28 Aug 2024
Close
30 Aug 2024
Allotment
2 Sep 2024
Refund
3 Sep 2024
Demat Credit
4 Sep 2024
Listing
4 Sep 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹125
Band: ₹121 – ₹125
Estimated Listing Price
₹159
Upper price + GMP
Lot Size
1000 shares
Min investment ₹1,25,000
Estimated Profit / Lot
₹34,000
1000 × ₹34
Grey Market Premium trend
+₹34
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹34 | 27.2% | ₹159 |
| 30 Oct 2026 | +₹34 | 27.2% | ₹159 |
| 29 Oct 2026 | +₹31 | 24.5% | ₹156 |
GMP is unofficial market data. Not a guarantee of listing performance.
Aeron Composite Limited is bringing an initial public offering (IPO) in the Capital Goods / Aerospace & Engineering sector with an aggregate issue size of ₹56.1 Crores. The shares are offered at a price band of ₹121 to ₹125 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
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.
Following the close of bidding on 2024-08-30, the basis of allotment is scheduled to be finalized on 2024-09-02. 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 (Maashitla Securities Private Limited) or the BSE allotment checking window.
The latest grey market premium for Aeron Composite Limited IPO is ₹34, which indicates an expected listing price of ₹159.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.