Aeroflex Industries IPO: subscription status, GMP, other details. Should you apply for Ashish Kacholia-backed issue?

Today’s Aeroflex Industries IPO GMP: According to market experts, shares of Aeroflex Industries Ltd are now offered in the grey market for a premium of 65.

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Aeroflex Industries IPO: Aeroflex Industries Ltd, supported by Ashish Kacholia, launched its initial public offering (IPO) today. The public issue will be up for bidding until August 24, 2023. Aeroflex Industries IPO pricing has been set at 102 to 108 per equity share, with a target of 351 crore raised from the first public offering. Ashish Kacholia and Jagdish Master, two prominent investors, have acquired a stake in this subsidiary of Sat Industries Ltd, a publicly traded company on Dalal Street.

Subscription status for Aeroflex Industries’ first public offering

The public issue had been subscribed 0.69 times by 10:30 a.m. on day one of bidding, while the retail component had been subscribed 0.95 times. The NII component of the book construction problem has received 0.99 subscriptions.

Aeroflex Industries IPO

Details about Aeroflex Industries’ first public offering

1] Aeroflex Industries IPO GMP today:  According to market experts, shares of Aeroflex Industries Ltd are now offered in the grey market for a premium of 65.

2] Aeroflex Industries IPO price: The Aeroflex Industries IPO price band has been set at 102 to 108 per equity share by the business.

3] Aeroflex Industries IPO date:  The issue went live today and will be open until August 24, 2023.

4] Aeroflex Industries IPO size: The business hopes to generate 351 crores from this public offering, with 162 crores coming from new issues and the remaining 189 crores going through the offer for sale (OFS) method.

5] Aeroflex Industries IPO lot size: A bidder may apply in lots, and one lot of the public sale will consist of 130 business shares.

6] Aeroflex Industries IPO investment limit: A retail investor would need at least 14,040 (108 x 1300) to apply for the public offer because one lot of the public issuance contains 130 shares.

7] Aeroflex Industries IPO allotment date: The proposed date for share distribution is August 29, 2023.

8] Aeroflex Industries IPO registrar: Link Intime India Private Ltd has been selected as the IPO’s official registrar.

9] Aeroflex Industries IPO listing: The book build issue has been proposed for listing on the BSE and NSE, with the projected Aeroflex Industries IPO listing date of September 1st, 2023.

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10] Aeroflex Industries IPO review: Anubhuti Mishra, Equity Research Analyst at Swastika Investment, gave the public offer to the subscriber label, saying, “Aeroflex’s future strategies look promising.” The company intends to develop its worldwide and local operations, as well as to invest in new technology to improve its goods. We think that these initiatives have the potential to promote the company’s long-term development and profitability. Overall, we feel that Aeroflex Industries Limited initial public offering is a strong investment opportunity. We advise you to SUBSCRIBE to this IPO.”

Axpert Media News Desk
Axpert Media News Desk
Axpert Media News Desk is an Internet media Website and our goal is to reach out People all over world with News, Informations & Entertainment. Ect, founder & ceo Krishnaanand

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