Aeroflex Industries Limited IPO

Aeroflex Industries Limited IPO

Aeroflex Industries Limited Incorporated in 1993, the company previously known as Suyog Intermediates Private Limited, manufactures and supplies environment-friendly metallic flexible flow solution products.

The company’s product list includes braided hoses, unbraided hoses, solar hoses, gas hoses, vacuum hoses, braiding, interlock hoses, hose assemblies, lancing hose assemblies, jacketed hose assemblies, exhaust connectors, exhaust gas recirculation (EGR) tubes, expansion bellows, compensators, and related end fittings. As on March 31, 2023, the company recorded more than 1,700 Product SKUs (Stock Keeping Units) in its product portfolio.

Aeroflex Industries’ manufacturing facility is located at Taloja, Navi Mumbai, Maharashtra, and is spread across 3,59,528 square feet of area. The facility is certified with Annex III, Module H of Directive 97/23/EC on Pressure Equipment, Management System as per ISO 9001:2015, Environmental Management System-ISO 14001:2015, ISO 45001:2015 (Occupational Health & Safety), Testing Certificate-Gas Hoses-1/2″ NB Hose Assembly, NABL ISO /IEC 17025:2017, Statement of 153 Conformity for design, manufacturing, and testing of SS corrugated flexible Hose Assembly, Statement of Conformity for Quality Procedures applied standard EN ISO 10380:2012 and BS 6501-1 (E:2004), Certificate of Design Assessment required for quality management systems, environmental management systems, health and safety management systems.

The company’s clientele includes distributors, fabricators, Maintenance Repair and Operations Companies (MROs), Original Equipment Manufacturers (OEMs), and companies operating in a wide range of industries.

Aeroflex recorded Rs. 2694.78 Lakhs in total revenue in Fiscal 2023 and Rs. 2409.92 Million in Fiscal 2022.


Aeroflex Industries Limited IPO Timetable

IPO Open Date22 Aug 2023
IPO Close Date24 Aug 2023
Allotment Date29 Aug 2023
IPO Listing Date31 Aug 2023

Aeroflex Industries Limited IPO Details

Issue TypeBook Built Issue IPO
Face ValueRs. 2 Per Equity Share
IPO PriceRs. 102 to Rs. 108 Per Equity Share
Market Lot130 Share
Listing AtNSE & BSE
Issue SizeApprox. Rs. 351 Crore.

Aeroflex Industries Limited IPO Lot Size

Minimum1130Rs. 14040
Maximum141820Rs. 196560
Small HNI (Minimum)151950Rs. 210600
Big HNI (Minimum)729360Rs. 1010880

Aeroflex Industries Limited IPO Details Allotment Status

Click Here To Check IPO Allotment Status Aeroflex Industries Limited IPO

Click Here To Get ASBA Forms Aeroflex Industries Limited IPO

Company Financials:

Particular31 March 202331 March 202231 March 2021
Total Assets213.98183.44161.64
Total Revenue269.48240.99144.84
Profit After Tax30.1527.516.01
for accurate figures follow the company financials.

Company Promoters:

Sat Industries Limited and Italica Global FZC are the promoters of the company.

Purpose of the Issue

  • Full or part repayment and/or prepayment of certain outstanding secured borrowings (including foreclosure charges, if any) availed by the company,
  • Funding working capital requirements of the company, and
  • General corporate purposes and Unidentified Inorganic Acquisitions.

Registrar & Company Details

Company Contact InformationIPO Registrar
Aeroflex Industries Limited

Plot No. 41, 42/13, 42/14 & 42/18,
near Taloja MIDC, Village Chal, Behind IGPL,
Panvel, Navi Mumbai – 410 208
Phone: +91 22 61467100
Link Intime India Private Ltd

Phone: +91-22-4918 6270

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