Sharescart Research Club logo
Products
Research
Tools
About
ChatGPT Claude Perplexity
Summarize with
ChatGPT Claude Perplexity
Join Channel
Apollo Green₹ 72 (28.6%)ASK Investment₹ 895 (-3.2%)AVPL ₹ 49 (0%)Bootes Impex₹ 775 (-8.8%)CIAL ₹ 442 (-0.5%)CSK ₹ 254 (-3.1%)ESDS Software₹ 478 (2.8%)Garuda Aerospace₹ 468 (-2.1%)Goodluck Defence₹ 385 (16%)Hero Motors₹ 325 (0%)Hinduja Leyland₹ 248 (0%)ICL Fincorp₹ 25 (0%)Incred Holdings₹ 154 (2.7%)Kineco Limited₹ 3285 (0%)Lava ₹ 60 (15.4%)Market Simplified₹ 26 (-7.1%)Matrix Gas₹ 12 (-20%)Motilal Oswal₹ 12.25 (-2%)MSEI ₹ 6.35 (-2.3%)NCDEX ₹ 368 (-1.6%)NSE ₹ 1985 (-2%)Onix Renewable₹ 68 (21.4%)OYO ₹ 23 (-4.2%)OYO Assets₹ 9.25 (-7%)Philips India₹ 1250 (0%)Polymatech Electronics₹ 56 (-3.4%)SBI Mutual₹ 768 (-0.9%)Taparia Tools₹ 6050 (0%)VCI Chemical₹ 64 (0%)Zepto ₹ 40 (-4.8%)

15 Days Price Change

Aeron Composite IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds

WEBSITE Inc. Year: 2011 Industry: Plastic Products Listed Page

Profile
Issue Size --
Profile
Price Range 121  to  125 per share
Profile
Min Investment ₹125
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Aeron Composite Limited specializes in the manufacturing and supply of glass fiber-reinforced polymer (FRP) products, including FRP pultruded products, FRP molded gratings, and FRP rods, tailored for a wide range of industrial applications. The company provides end-to-end solutions encompassing conceptual design, prototype development, testing, manufacturing, logistical support, installation, and after-sales service. Their manufacturing facility, located in Saket Industrial Estate and spanning 26,320 square meters, is ISO 9001:2015 certified for the design, production, and supply of FRP pultruded products, FRP handrails, FRP cable trays, FRP fencing, FRP molded gratings, FRP cross arms, FRP poles, FRP rods, and molded mounting structures for solar panels (MMS). Read More

Basic Info

Face Value 10 per share

Price 121  to  125 per share

P/E (x) 14.2

Sales( Cr.) 215

PAT( Cr.) 13

EPS 8.8

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Dilipkumar Ratilal Patel Chirag Chandulal Patel Pankaj Shantilal Dadhaniya Ravi Pankajkumar Patel

Pre Issue Share Holding 65.12%

Post Issue Share Holding 54.78%

Listing Details:

Listing Price: 150

Listing Gain: 16.67%

Current Price: 82.7

Gain On Issue: 82.7 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Aug 28, 2024
Closing Date Aug 30, 2024
Allotment Sep 02, 2024
Refund Sep 03, 2024
Delivery of Shares Sep 03, 2024
Listing Date Sep 04, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1000 125,000
Retail (Max) 1 1000 125,000
S-HNI (Min) 2 2000 250,000
S-HNI (Max) 8 8000 1,000,000
B-HNI (Min) 9 9000 1,125,000

Objective of the Issue

1. Funding the Capital Expenditure requirements towards setting up of an additional manufacturing unit 2. General Corporate Purpose

Issue

Category Nos Bid Bid (x)
QIB 2244000 62428080 27.8x
NII 673200 50846796 75.5x
Retail 1570800 53045916 33.8x
EMP 0 0 0x
Total 4488000 184322160 41.1x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Aeron Composite Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 18 29 30 45 63 77 79 108 179 200 215
Other Income 0 0 0 0 0 1 0 2 3 2 5
Total Income 18 29 30 45 63 78 79 110 182 202 221
Total Expenditure 16 26 28 42 58 72 73 102 169 184 197
Operating Profit 2 3 2 3 5 6 7 8 13 18 24
Interest 1 1 1 1 1 1 1 1 2 1 2
Depreciation 1 1 1 1 1 1 2 2 2 2 3
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 1 1 2 3 4 4 5 10 15 18
Provision for Tax 0 0 0 1 1 1 1 1 3 4 5
Profit After Tax 0 1 1 1 2 3 3 4 7 10 13
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 1 1 1 2 3 3 4 7 10 13
Adjusted Earnings Per Share 0.4 0.6 0.7 1.2 2.1 2.8 2.5 3.5 5.3 8.1 7.8

Aeron Composite Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 3 3 4 5 7 10 12 16 25 35 101
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 2 1 1 2 4 7 5 3 1 4 21
Other Non-Current Liabilities 0 0 0 0 0 0 1 1 1 3 -0
Total Current Liabilities 9 10 12 14 20 21 26 41 42 59 84
Total Liabilities 13 15 17 21 30 38 44 61 69 101 206
Fixed Assets 3 3 4 3 5 9 8 8 9 18 20
Other Non-Current Assets 0 0 0 1 0 0 2 2 2 6 36
Total Current Assets 10 12 13 17 25 29 34 51 58 78 150
Total Assets 13 15 17 21 30 38 44 61 69 101 206

Aeron Composite Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 1 1 0 0 1 4 1 0 2 5
Cash Flow from Operating Activities 1 2 2 0 3 6 4 0 2 21 -9
Cash Flow from Investing Activities -1 -1 -1 0 -3 -5 -2 -2 -4 -14 -34
Cash Flow from Financing Activities 1 -1 -1 -0 1 3 -4 1 3 -4 84
Net Cash Inflow / Outflow 0 -0 -0 -0 1 3 -2 -1 1 3 41
Closing Cash & Cash Equivalent 1 1 0 0 1 4 1 0 2 5 46

Aeron Composite Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.38 0.59 0.66 1.16 2.09 2.77 2.45 3.48 5.27 8.07 7.84
CEPS(Rs) 0.89 1.23 1.37 1.85 2.94 4.1 4.2 5.08 6.57 9.84 9.72
DPS(Rs) 0 0 0 0 0 0 0.13 0.13 0.13 0 0
Book NAV/Share(Rs) 2 2.6 3.26 4.42 6.51 9.29 11.62 14.97 20.26 28.33 59.33
Core EBITDA Margin(%) 8.52 8.42 7.05 5.96 6.33 7.24 7.98 5.76 5.67 8.05 8.5
EBIT Margin(%) 5.99 6.47 5.21 4.91 5.33 6.34 5.98 5.69 6.22 7.91 9.55
Pre Tax Margin(%) 2.68 2.96 3.21 3.38 4.2 5.24 4.63 4.63 5.33 7.26 8.45
PAT Margin (%) 2.02 1.97 2.11 2.36 3.01 3.73 3.24 3.34 3.68 5.06 6.2
Cash Profit Margin (%) 4.77 4.06 4.35 3.74 4.23 5.52 5.54 4.88 4.59 6.17 7.69
ROA(%) 3.72 4.37 4.27 6.4 8.5 8.46 6.27 6.95 10.2 11.87 8.69
ROE(%) 20.71 25.99 22.73 30.42 38.32 35.12 23.49 26.19 32.27 33.2 19.55
ROCE(%) 16.74 21.57 16.35 22.28 27.38 24.87 20.66 24.35 33.07 36.45 21.21
Receivable days 48.43 49.38 52.88 49.12 54.7 60.83 74.54 67 52.69 66.27 73.41
Inventory Days 69.09 52.11 65.37 51.05 41.21 41.61 46.06 55.55 41.53 40.4 66.78
Payable days 64.03 54.86 66.59 61.61 70.95 77.16 104.98 111.51 72.33 95.54 136.95
PER(x) 0 0 0 0 0 0 0 0 0 0 16.33
Price/Book(x) 0 0 0 0 0 0 0 0 0 0 2.16
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.41 0.28 0.28 0.18 0.15 0.14 0.13 0.12 0.08 0.04 1.01
EV/Core EBITDA(x) 4.34 2.91 3.42 2.51 1.99 1.69 1.57 1.66 1.06 0.46 9.16
Net Sales Growth(%) 51.74 59.13 4.62 50.51 39.95 23.22 1.84 37.44 65.58 11.34 7.8
EBIT Growth(%) 29.37 75.65 -16.4 47.88 52.52 27.37 -3.96 30.74 81.09 41.55 30.05
PAT Growth(%) 40.98 58.87 11.27 75.47 79.44 32.49 -11.53 41.84 82.54 52.92 32.01
EPS Growth(%) 40.61 58.01 11.36 76.17 80.03 32.49 -11.53 41.84 51.48 52.92 -2.8
Debt/Equity(x) 2.45 2.14 1.8 1.57 1.41 1.39 0.86 0.81 0.55 0.33 0.45
Current Ratio(x) 1.15 1.15 1.13 1.26 1.28 1.39 1.31 1.23 1.37 1.32 1.78
Quick Ratio(x) 0.64 0.71 0.53 0.73 0.83 0.97 0.88 0.71 0.92 0.89 1.14
Interest Cover(x) 1.81 1.84 2.61 3.21 4.74 5.73 4.42 5.38 6.99 12.17 8.68
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0.21

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 8% 26% 23% 28%
Operating Profit CAGR 33% 44% 32% 28%
PAT CAGR 30% 48% 34% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -40% NA% NA% NA%
ROE Average 20% 28% 27% 28%
ROCE Average 21% 30% 27% 24%

Company Contact Information

Aeron Composite Ltd.

Survey No.170 To 174 Medli Ma Temple Ta & Dist - Mehsana, Jornang

IPO Lead Manager(s)

Aeron Composite Ltd.

Hem Securities Ltd.

Registrar Info

Aeron Composite Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

Wealth Icon
Don’t Miss Out on Unlisted Shares

Open your account today and gain instant access to top unlisted shares and pre-IPO opportunities.

whatsapp

Error!