Friday, August 17, 2018

Aaron Industries IPO Review, Dates, Price Band, Allotment & Market Lot

 Friday, August 17, 2018  
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Aaron Industries Limited is incorporated in 2010 based in Ahmedabad. The company is doing business of cakes, chocolates and desserts. Recently Aaron Industries launched ice cream range. They also offers products like breads, candies, cookies, khari toast, shakes, softies and beverages. They got award of "Best Dessert Place in Ahmedabad" in Times Food Award in 2012. They have over 250 employees on payroll. Aaron Industries ipo is starting from 20-August and ends on 24-August. The price band is around Rs.74 with 1600 market lot. The ipo size is around 20.07 crore rupees.

IPO Review:
  • Avoid
Aaron Industries IPO Dates & Price Band:
  • IPO Open: 20-August-2018
  • IPO Close: 24-August-2018
  • IPO Size: Approx Rs 04.78 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.38 Per Equity Share
  • Listing on: NSE SME
  • Shares: 1,257,000
  • Retail Portion: 50%
IPO Market Lot:
  • Shares: Apply for 3,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,14,000
IPO Allotment & Listing:
  • Basis of Allotment: 30-August-2018
  • Refunds: 31-August-2018
  • Credit to demat accounts: 03-September-2018
  • Listing: 04-September2018
Financial Results:
  Rs. in Crore
Revenue Expense PAT
2014 0.39 0.38 0.01
2015 2.38 2.33 0.04
2016 3.32 3.26 0.04
2017 4.80 4.73 0.05
2018 11.79 10.32 1.07
Aaron Industries IPO Important Links:
Company Promoters:
  • Mr. Amar Chinubhai Doshi
  • Mr. Karan Amar Doshi
  • Mr. Monish Amarbhai Doshi
  • Ms. Radhika Amar Doshi
  • Ms. Toral Karan Doshi
  • Ms. Bhoomi Monish Doshi
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: [email protected]
Website: http://www.bigshareonline.com

IPO Lead Managers:
  • Gretex Corporate Services Pvt Ltd
Company Address:
Aaron Industries Limited
B-65 & 66,
Jawahar Road No. 4, Udhyog Nagar
Udhana, Surat-394210, Gujarat
Phone: +91-02612278410
Email: [email protected]
Website: http://www.aaronindustries.net/ 

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