.The IPO is actually totally a new problem of 44.88 lakh equity shares of stated value Rs 10 each.2 minutes went through Final Improved: Aug 24 2024|4:10 PM IST.Aeron Compound Ltd on Sunday stated it has fixed the price band at Rs 121-125 per allotment for its own SME going public which will definitely open up for subscription on August 28.The firm organizes to increase as much as Rs 56.10 crore coming from its SME social concern, Aeron Compound stated in a claim.The firm has actually acquired approval to release its public concern on NSE Emerge Platform of the National Stock Exchange, it included.Everyone concern is going to conclude on August 30. Capitalists may bid for a minimum of 1,000 reveals and in multiples thereof.The IPO is actually completely a fresh problem of 44.88 lakh equity allotments of face value Rs 10 each.Retail capitalist quota for the initial public offering (IPO) is actually kept at not less than 35 percent of the net offer, Non institutional real estate investor quota is actually kept at certainly not less than 15 percent of the promotion as well as QIB part is maintained certainly not greater than 50 per cent of the deal.The firm has actually proposed to use IPO proceeds for moneying the capital spending demands towards putting together of an extra manufacturing system at Mehsana, Gujarat and overall company reasons.The firm disclosed income of Rs 179.1 crore for FY 2023-24 (till February 2024) and net revenue stood up at Rs 9.42 crore during the time frame.Aeron Composite Ltd is participated in the business of manufacturing and providing of Fiberglass Reinforced Polymer Products i.e. FRP items consisting of, FRP Pultruded Products, FRP Moulded Gratings & FRP Rods customized for different industrial apps.It ships products to much more than 30 nations.Hem Stocks Ltd is the sole publication operating lead manager, while Maashitla Stocks Pvt Ltd is actually the registrar for the issue.( Merely the headline and picture of this file might have been actually remodelled due to the Company Specification workers the rest of the information is auto-generated from a syndicated feed.) Very First Released: Aug 24 2024|4:10 PM IST.