ASPIRE & INNOVATIVE ADVERTISING IPO Details Today, GMP Price, Date, Review

ASPIRE & INNOVATIVE ADVERTISING IPO Details Today, GMP Price, Date, Review

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

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