finance-abhi

AEROFLEX INDUSTRIES

Aeroflex Industries is a manufacturer and provider of metallic flexible flow solution products that are beneficial to the environment, serving both domestic and international markets since its incorporation in 1993. The company exports its goods to more than 80 nations, including the USA, Europe, and other regions. For the ten months ending on January 31, 2023, and the fiscal years 2022, 2021, and 2020, respectively, its exports amounted to 80.85%, 84.53%, 80.90%, and 74.74% of the revenue from operations.

For the ten months that concluded on January 31, 2023, 633 clients received the products from it. The 3,59,528 square foot manufacturing plant for Aeroflex Industries is situated in Taloja, Navi Mumbai, in the Indian state of Maharashtra.

Braided hoses, unbraided hoses, solar hoses, gas hoses, hoover hoses, braiding, and interlock are among the product categories offered by the company.

Aeroflex Industries IPO Details

Signature Global IPO Details
Aeroflex Industries IPO Dates
22 – 24 August 2023
Aeroflex Industries IPO Price
INR 102 – 108 per share
Fresh issue
INR 162 crore
Offer For Sale
1,75,00,000 shares (INR 178.50 – 189.0 crores)
Total IPO Size
INR 340.5 – 351 crore
Minimum bid (size)
130 shares (INR 14,040)
Face Value
INR 2 per share
Retail Allocation
35%
Listing On
BSE, NSE

Aeroflex Industries Financial Performance

Signature Global Financial Performance

FY21

FY22

FY23

Revenue

144.77

240.80

269.46

Expenses

135.16

204.54

225.20

Net income

6.01

27.51

30.15

Margin (%)

4.15

11.42

11.19

Figures in INR Crore unless specified otherwise

finance-abhi

Get the latest IPO and finance  news and stay informed about market trends and investment opportunities with Finance Abhi.

Follow Us