Issue Price
₹38
Per Share
GMP
NIL
Grey Market
Est. Listing
₹38
Expected Price
Min. Application
₹228,000
2 lots × 3000 shares
Aaron Industries Limited is a company engaged in the business of manufacturing and trading of Elevator products and other elevator parts with the continuation of existing business also. Currently, the company providesElevator product and parts including Elevator cabins, Doors, Frem, Header, Traction Machine etc.Aaron Industries also provides electronic equipment like Busbar chambers, Cable tray, Distribution boxes, Loom switch and building hardware material like Z perline and slotted channel etc.The company's total revenue increased to ` Rs 1,179.14 Lakh in 2018 from Rs 39.07 Lakh in 2014 at a CAGR of 97.67 %.The EBIDTA increased to Rs 160.73 Lakh in 2018, from Rs 1.45 Lakh in 2014 at a CAGR of 156.42%.
Aaron Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 63,000 | — | ₹0.24 Cr | — |
| TOTAL | 1,257,000 | 100.00% | ₹4.78 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹114,000 |
| Retail (Max) | 13 | 39,000 | ₹1,482,000 |
| sNII (Min) | 14 | 42,000 | ₹1,596,000 |
| bNII (Min) | 68 | 204,000 | ₹7,752,000 |
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue from Operations | 1179.14 | 480.31 | 331.89 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 107.03 | 4.94 | 3.86 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 692.61 | 255.41 | 220.80 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |