Aeroflex Industries Limited IPO
Aeroflex Industries Limited was a mainboard IPO in the Iron & Steel Products sector, offered at ₹102–₹108 per share to raise ₹351 crore. The issue was subscribed 97.11× overall (QIBs 194.73×, NIIs 126.13×, retail 34.41×). It listed on 31 Aug 2023 at ₹190 and closed its first day at ₹163, a listing gain of +51.2% versus the ₹108 issue price. It now trades around ₹536 (+396.7% versus the issue price).
Frequently asked questions
- How many times was the Aeroflex Industries Limited IPO subscribed?
- The Aeroflex Industries Limited IPO was subscribed 97.11× overall — 194.73× in the QIB category, 126.13× among non-institutional investors, 34.41× in retail.
- What were the Aeroflex Industries Limited IPO listing gains?
- Aeroflex Industries Limited listed on 31 Aug 2023 at ₹190, closing its first day at ₹163 — a listing gain of +51.2% versus the ₹108 issue price.
- What were the retail allotment odds for the Aeroflex Industries Limited IPO?
- Retail was subscribed 34.41×, so a single-lot application had roughly a 2.9% chance of allotment (about 1 in 34), and allotment was finalised on 25 Aug 2023.
- What was the price band and lot size of the Aeroflex Industries Limited IPO?
- The price band was ₹102–₹108 per share, with a minimum lot of 130 shares (₹14,040 at the upper band).
- Who were the registrar and lead manager for the Aeroflex Industries Limited IPO?
- Link Intime India Private Limited was the registrar, and Pantomath Capital Advisors was the book-running lead manager.