Aeroflex Industries IPO: The initial public offer (IPO) of Aeroflex Industries Limited opened for subscription on Tuesday i.e. August 22. Investors can bid for it for the next three days. But, before trying your luck to grab a share in the IPO let’s take a look at the key details of the IPO.
Subscription end date
Bidding for the stainless steel flexible hose manufacturer ‘Aeroflex Industries IPO’ opened for retail investors on August 22. The bidding will end on August 24.
Aeroflex IPO lot size and price band
The Company’s management decided to have a price band of Rs 102- Rs 108 with a face value of 2 for each share. Investors will have to bid for a minimum of 130 shares, which would cost Rs 13,260 (Price Band). Investors can bid by investing a minimum of Rs 13,260.
IPO allotment date and listing date (Aeroflex Industries)
The allotment of shares for Aeroflex Industries IPO is expected to happen on August 29. Investors can track the allotment status on the official website of the Bombay Stock Exchange (BSE). The shares will likely list on both BSE and NSE (National Stock Exchange) on September 1.
About Aeroflex Industries’ business
Aeroflex Industries manufactures and supplies eco-friendly metallic flexible flow solution products. The Company produces braided and unbraided hoses, vacuum hoses, solar hoses, gas hoses, and exhaust gas recirculation (EGR) tubes.
The company exports products to more than 80 countries in Europe, North America, and other continents.
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