
Industrial Machinery & Equipment · BSE
Founded in April 2010, Aztec Fluids & Machinery Limited is a trusted provider of printers, printer consumables, and spare parts, serving a wide range of industries, including personal care, food & beverages, pharmaceuticals, construction, automotive, electronics, and chemicals. The company offers a comprehensive range of printers, such as continuous inkjet (CIJ), thermal transfer over (TTO), drop-on-demand (DOD), piezoelectric (NIJ), and laser printers, along with essential consumables like inks, makeup, and cleaning solvents to ensure reliable printing solutions. With a strong export presence in Sri Lanka, Nepal, Bhutan, Bangladesh, Kenya, and Nigeria, Aztec Fluids & Machinery demonstrates its commitment to global markets. Headquartered in Ahmedabad, the company operates a strategic warehouse in Kheda, Gujarat, enabling efficient storage and distribution of imported printers. As of December 31, 2023, Aztec Fluids & Machinery is powered by a skilled team of 28 sales and marketing professionals and 51 after-sales service experts, ensuring exceptional customer support and long-term client satisfaction.
Price Band
₹63 – ₹67
Issue Size
₹24.12 Cr
Lot Size
2000 shares
GMP
+80.6%
Est. Listing
₹121
at current GMP
Subscribed
218.46x
overall
Open
10 May 2024
Close
14 May 2024
Allotment
15 May 2024
Refund
16 May 2024
Demat Credit
17 May 2024
Listing
17 May 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹67
Band: ₹63 – ₹67
Estimated Listing Price
₹121
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,34,000
Estimated Profit / Lot
₹1,08,000
2000 × ₹54
Grey Market Premium trend
+₹54
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹54 | 80.6% | ₹121 |
| 30 Oct 2026 | +₹54 | 80.6% | ₹121 |
| 29 Oct 2026 | +₹49 | 72.5% | ₹116 |
GMP is unofficial market data. Not a guarantee of listing performance.
Aztec Fluids & Machinery Limited is bringing an initial public offering (IPO) in the Industrial Machinery & Equipment sector with an aggregate issue size of ₹24.12 Crores. The shares are offered at a price band of ₹63 to ₹67 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,34,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-05-17, while un-allotted funds or UPI block mandates will be released on 2024-05-16.
The latest grey market premium for Aztec Fluids & Machinery Limited IPO is ₹54, which indicates an expected listing price of ₹121.
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.