Share PriceĪdani Ports & Special Economic Zone. Pantomath Capital was the sole book-running lead manager to the IPO and Link Intime India acted as the registrar. The proceeds from the issue will be utilised to the extent of Rs 35 crore for the prepayment of outstanding secured borrowings availed by the company, Rs 84 crore for funding its working capital requirements, and certain of the amount will be used for general corporate purposes and acquisitions for inorganic growth.įor the financial year ending March 2023, the company has clocked revenue from operations of Rs 269.4 crore and a profit of Rs 30.1 crore. The company has grown at more than 37% revenue CAGR in the last 3 years, operating at more than 4.85 times asset turnover, over 20% EBITA margins and generating approximately 32% ROCE. Reservation shareholders portion was subscribed 28.51 times, whereas the retail part was subscribed 34.35 times.Īeroflex Industries is a market leader in the field of metallic flexible flow solutions, offering a comprehensive range of products including corrugated stainless steel hoses and interlock flexible metal hoses. Investors can also check ideaForge Technology IPO allotment status on the website of the registrar to the issue - Link Intime. The qualified institutional buyer category was the most subscribed at 194.7 times, followed by the non-institutional investors portion with 126.10 times. The issue was subscribed 97 times overall at close. Step 2: Select the Issue Name ‘Netweb Technologies IPO. The IPO of Aeroflex Industries saw a robust response, driven by healthy demand across categories. Checking IPO Allotment Status on Link Intime India Pvt Ltd Website: Step 1: Head to the Link Intime India Pvt Ltd portal.
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