OUR BUSINESS
Aspire & Innovative Advertising was incorporated in 2017 our company provides spatial design and bespoke environmental branding solutions.
Aspire & Innovative Advertising is engaged in the business of trading of wide range of consumer durables like kitchen appliances, home appliances, white goods mobile phones and its accessories, solar products etc. of multiple renowned brands such as Bajaj, Prestige, Vivo, Samsung, Crompton, Whirlpool, Hindware, Havells and many more.
Aspire & Innovative Advertising products portfolio comprises of more than 50 products such as pressure cookers, induction cooktops, mixer-grinder, Dinner Sets, sewing machine, ceiling fan, iron, inverter bulbs, electric heaters, mobile phones, television, fridge, washing machine, headphones, solar lanterns etc.
ASPIRE & INNOVATIVE ADVERTISING IPO DATE & PRICE BAND DETAILS
| IPO Open Date | Mar 26, 2024 |
|---|---|
| IPO Close Date | Mar 28, 2024 |
| IPO Size | 4,068,000 shares (Approx ₹21.97 Cr) |
| Fresh Issue | 4,068,000 shares (Approx ₹21.97 Cr) |
| IPO Face Value | ₹10 Per Equity Share" |
| IPO Price Band | ₹51 to ₹54 Per Every Share |
| IPO Listing On | NSE SME |
| IPO Retail Quota | 35% |
| IPO QIB Quota | 50% |
| IPO NII Quota | 15% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
ASPIRE & INNOVATIVE ADVERTISING IPO MARKET LOT DETAILS
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹108,000 |
| Retail Maximum | 1 | 2000 | ₹108,000 |
| S-HNI Minimum | 2 | 4000 | ₹216,000 |
OBJECTS OF ISSUE
- To meet Working Capital requirements.
- To finance the cost of establishing new warehouse.
- General Corporate Purpose.
ASPIRE & INNOVATIVE ADVERTISING IPO ALLOTMENT & LISTING DATE (DETAILS)
| IPO Open Date | Mar 26, 2024 |
|---|---|
| IPO Close Date | Mar 28, 2024 |
| Basis of Allotment | April 1, 2024 |
| Refunds | April 2, 2024 |
| Credit to Demat Account | April 2, 2024 |
| IPO Listing Date | April 3, 2024 |
ASPIRE & INNOVATIVE ADVERTISING FINANCIAL REPORTS
| ₹ in Lakhs | |||
|---|---|---|---|
| Year | Revenue | Networth | PAT |
| 2023 6Month | ₹17,710.29 | ₹1,944.53 | ₹393.98 |
| 2023 | ₹34,620.10 | ₹1,551.25 | ₹530.85 |
| 2022 | ₹25,558.30 | ₹1,020.39 | ₹437.36 |
| 2021 | ₹10,833,44 | ₹520.98 | ₹227.75 |
Qualitative Factors
- Strong portfolio and diverse range of products across consumer preference.
- Diversified revenue from multiple locations including rural and semi urban geographies of India.
- Quality Assurance ensuring standardized product quality.
- Network of Warehousing and Transportation Facilities across various geographies.
OUR COMPANY PROMOTER
- Nitesh Agarwalla
- Rinku Agarwalla
ASPIRE & INNOVATIVE ADVERTISING COMPANY CONTACT DETAILS
C-4 Baldev Park, Shahdara,
East Delhi-110051,
Delhi, India.
Tel. No.: +91 8527932666
Email: cs@aspireinnovate.in
Website: www.aspireinnovate.in
ASPIRE & INNOVATIVE ADVERTISING IPO REGISTAR
Bigshare Services Private Limited
Address: S6-2, 6th Floor, Pinnacle Business Park, Next to
Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai
400093, India.
Telephone: +91 22 6263 8200
Facsimile: +91 22 6263 8299
Email: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Website: www.bigshareonline.com
