Aeron Composite IPO Subscription Status: Aeron Composite IPO 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 is 4,488,000 shares (Approx ₹56.10 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
The Aeron Composite IPO is an SME IPO and Listed on NSE SME. Aeron Composite IPO Price Band is Fixed at ₹125 Equity Share. Aeron Composite IPO Lot Size is 1000 Shares.
Also Read: Aeron Composite IPO Date, Review, GMP Price, Details
Aeron Composite IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 8,10,000 | 2,25,31,000 | 27.82 |
| Non Institutional Buyers (NIIs) | 6,08,000 | 4,59,20,000 | 75.53 |
| Retail Individual Buyers (RIIs) | 14,18,000 | 4,78,89,000 | 33.77 |
| Anchor Investor | 12,14,000 | 12,14,000 | 1 |
| Total | 28,36,000 | 11,64,62,000 | 41.07 |
Aeron Composite IPO Subscription Status day-by-day-
| Categories | 28 Aug | 29 Aug | 30 Aug |
|---|---|---|---|
| QIB | 2.62 | 3.61 | 27.82 |
| NII | 1.56 | 4.14 | 75.53 |
| RII | 3.00 | 6.53 | 33.77 |
| Total | 2.59 | 5.19 | 41.07 |
About IPO :
Aeron Composite 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.
FRP Moulded Gratings :- are highly regarded for their versatility and durability, making them suitable for a wide range of applications across various industries.
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 holdings Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.”
Aeron Composite Review From MoneyMintIdea –
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