Aeron Composite IPO Date, Review, GMP Price, Details

Aeron Composite IPO Date : Aeron Composite IPO Date is Open on 28 August 2024 and Close on 30 August 2024. Aeron Composite IPO to Raise 4,488,000 shares (Approx ₹56.10 Cr) via IPO. The Fresh issue of 4,488,000 shares (Approx ₹56.10 Cr).

Our Company incorporation May 13, 2011 We are engaged in the business of manufacturing and supplying of Fiber Glass Reinforce Polymer Products i.e. FRP products including FRP Pultruded Products, FRP Moulded Gratings & FRP Rods tailored for various industrial applications.

We provide comprehensive solution which includes conceptual design, prototype development, testing, manufacturing, logistic support, installation and after sales service.

FRP product is a composite material consisting of a polymer matrix (resins) reinforced with fibers such as fiberglass, carbon or aramid. This combination offers numerous benefits, including corrosion resistance, chemical resistance, high strength, lightweight properties, electrical and thermal non-conductivity, and ease of fabrication.

our products better for use in various markets and applications such as Oil and Gas Pulp & Paper Water Treatment Marine Mining Chemical Food & Beverages Power Pharmaceutical Telecommunication Construction Water & waste treatment etc.

Our manufacturing unit has accreditations such as ISO 9001:2015 for the scope of design, manufacturing and supply of FRP pultruded products, FRP Handrails, FRP cable trays, FRP fencing, FRP moulded gratings, FRP Cross arm, FRP poles, FRP rods and moulded mounting structure for solar panels (MMS).

we ventured into manufacturing of FRP Rods. To support this existing and further product expansion, in 2019 we relocated to bigger manufacturing unit measuring 26320 Sq. mtr. located at Saket Industrial Estate, Plot no. 30/31, Sarkhej-bavla highway, village moraiya, Changodar, Ahmedabad-382213.

Our product portfolio comprises of FRP products manufactured and supplied by our company and encompass various industrial uses

Fiber Glass Reinforced Polymer Pultruded Products :- are used in Industrial Structure, utility poles, railway structures, chemical processing plants, safety equipments like ladders, handrails etc. due to their high strength-to-weight ratio, corrosion resistance, durability and long service life. Pultruded composite shapes (profiles) exhibit robust performance characteristics as of standard metal shapes and closely resemble the steel profiles typically used in construction, but offer distinct advantages over these materials, serving as a
substitute to steel and other metal structure.

FRP Moulded Gratings :- are highly regarded for their versatility and durability, making them suitable for a wide range of applications across various industries. They are commonly used in industrial flooring in chemical processing plants, refineries, oil rigs, walkways, platforms, and recreational areas due to their resistance to corrosion, ease of maintenance,
resistance to bacteria growth and ability to withstand harsh environments.

FRP Rods :- are designed as strength members in optic fiber cables, providing essential support and protection to the delicate optical fibers within. Their lightweight, non-magnetic, and corrosion-resistant properties ensure minimal impact on cable weight and electromagnetic interference. These characteristics make FRP rods essential for maintaining the structural
integrity and performance of optic fiber networks.

Aeron Composite IPO Date & Price Band Details

Aeron Composite IPO Market Lot Details

Object of the Issue

1.  Funding the Capital Expenditure requirements towards setting up of an additional manufacturing unit.
2.  General Corporate Purpose.

Aeron Composite IPO Allotment & Listings (Details)

Aeron Composite Financial Reports

Our Company Promoters

1. Dilipkumar Ratilal Patel
2. Chirag Chandulal Patel
3. Pankaj Shantilal Dadhaniya
4. Ravi Pankajkumar Patel 
5. A. International Private Limited

Qualitative Factors

•  Revenue from multiple geographies from various countries across the Globe.
•  Consistent focus on quality.
•  Diverse range of Fiber Glass Reinforce Polymer Products.
•  Branding and promotional activities.
•  Experienced Senior Management.

Also Read: Paramatrix Technologies IPO

Aeron Composite Company Contact Details

Saket Ind. Estate, Plot No. 30/31, Sarkhej Bavla Highway,
Village Moraiya, Changodar, Ahmedabad- 382213,
Gujarat, India.
Tel. No.: +91 9909988266
Email: cs@aeroncomposite.com
Website: www.aeroncomposite.com

Aeron Composite Lead Manager

Hem Securities Limited
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai 400013, Maharashtra, India.
Tel No.: +91-22-4906 0000
Email: ib@hemsecurities.com
Investor Grievance Email: redressal@hemsecurities.com
Website: www.hemsecurities.com
Contact Person: Ajay Jain

Aeron Composite IPO Registrar

Maashitla Securities Private Limited
Address: 451, Krishna Apra Business Square, Netaji Subhash
Place, Pitampura, New Delhi, 110034, India
Telephone: +91-11-45121795
Email: ipo@maashitla.com
Investor Grievance Email: investor.ipo@maashitla.com
Website: www.maashitla.com
Contact Person: Mukul Agrawal