Aspire and Innovative Advertising Limited IPO
Aspire and Innovative Advertising Limited was a SME IPO in the Household Appliances sector, offered at ₹51–₹54 per share to raise ₹22 crore. It listed on 3 Apr 2024 at ₹56 and closed its first day at ₹59, a listing gain of +9.8% versus the ₹54 issue price. It now trades around ₹15 (-71.4% versus the issue price).
Frequently asked questions
- What were the Aspire and Innovative Advertising Limited IPO listing gains?
- Aspire and Innovative Advertising Limited listed on 3 Apr 2024 at ₹56, closing its first day at ₹59 — a listing gain of +9.8% versus the ₹54 issue price.
- What was the price band and lot size of the Aspire and Innovative Advertising Limited IPO?
- The price band was ₹51–₹54 per share, with a minimum lot of 2,000 shares (₹1,08,000 at the upper band).
- Who were the registrar and lead manager for the Aspire and Innovative Advertising Limited IPO?
- Bigshare Services Private Limited was the registrar, and HEM Securities was the book-running lead manager.