Friday, February 15, 2019

Aartech Solonics IPO Dates, Review, Price Band, Allotment & Market Lot

 Friday, February 15, 2019  
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Aartech Solonics is incorporated 1982 based in Gwalior, Madhya Pradesh. The company is a manufacturer of electricity distribution and control apparatus and more products. The company products used in industries like Defence, Railways, Power Generation, Heavy Earth Moving Equipment and Oil & Gas, Etc. They have over 50 employees. Aartech Solonics ipo is starting from 21-Feb and ends on 26-Feb. The price band is around Rs.34 with 4000 market lot. The ipo size is around Rs.7.21 crore rupees.

IPO Review:
  • Avoid
Aartech Solonics IPO Dates & Price Band:
  • IPO Open: 21-February-2019
  • IPO Close: 26-February-2019
  • IPO Size: Approx Rs.7.21 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.34 Per Equity Share
  • Listing on: BSE SME
  • Shares: 21,20,000
  • Retail Portion: 50%
IPO Market Lot:
  • Shares: Apply for 4,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,36,000
IPO Allotment & Listing:
  • Basis of Allotment: 01-March-2019
  • Refunds: 05-March-2019
  • Credit to demat accounts: 05-March-2019
  • Listing: 08-March-2019
Financial Results:
  Rs. in Crore
Revenue Expense PAT
2014 9.54 10.22 -0.70
2015 9.94 8.52 1.12
2016 10.26 10.00 0.23
2017 13.42 13.10 0.30
2018 12.08 10.71 1.18

Aartech Solonics IPO Important Links:

Aartech Solonics IPO Allotment Status:
Company Promoters:
  • Anil Anant Raje
  • Chhaya Raje
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

IPO Lead Managers:
  • SWASTIKA INVESTMART LIMITED
Company Address:
Aartech Solonics Limited
E-2/57, Ashirvad Arera Colony
Bhopal MP- 462016
Phone: +91 - 755 -2463593
Email: [email protected]
Website: http://www.aartechsolonics.com/

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