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Aartech Solonics Ltd. IPO
BSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹34
Issue Price
₹34
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹34
GMP based
Lot Size
4,000
shares / lot
Min Amount
₹136,000
1 lot · 4,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
12 Mar 2019
Tue Completed
Done
Close Date
18 Mar 2019
Mon Completed
Done
Allotment
22 Mar 2019
Fri Completed
Done
Refund
25 Mar 2019
Mon Completed
Done
Demat Credit
25 Mar 2019
Mon Completed
Done
Listing Date
27 Mar 2019
Wed Completed
UPI Deadline: 18 Mar 2019
Issue Details
Pricing & Size
Issue Price
₹34 Face ₹10
Lot Size
4,000 shares
Min Investment
₹136,000
Total Issue Size
21,20,000 shares (aggregating up to ₹7.21 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,12,000 (5.28%)
QIB Portion
-
NII / HNI
10,04,000 (47.36%)
Retail
10,04,000 (47.36%)
Employee
-
Net Offer to Public
20,08,000 shares (aggregating up to ₹6.83 Cr)
Shareholding Pattern
Pre-Issue Shareholding
49,40,094 shares
Post-Issue Shareholding
70,60,094 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 4,000 ₹1,36,000
HNI / NII 2 8,000 ₹2,72,000
Objects of Issue
5 objectives
1
1 Investment in wholly owned subsidiary company - “ M/s AIC - Aartech Solonics Private Limited”;
2.00 Cr
2
2 Investment in wholly owned subsidiary company - “M/s Faradigm Ultracapacitors Private Limited”
2.50 Cr
3
3 For General Corporate Expenses including Capital Expenditure & Research and Development Expenses
1.21 Cr
4
4 Working Capital Requirement
1.00 Cr
5
5 Meeting Public Issue Expenses.
0.50 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Swastika Investmart Ltd.
Market Maker
Swastika Investmart Ltd.
IPO Timeline
Open
12 Mar
✓ Done
Close
18 Mar
✓ Done
Allotment
22 Mar
✓ Done
Listing
27 Mar
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
compliance@aartechsolonics.com
Phone
+91 - 755 -2463593
Address
E-2/57, Ashirvad Arera Colony Bhopal, Madhya Pradesh, 462016
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹34
Est. Listing
₹34
Lot Size
4,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Aartech Solonics Ltd. LIVE
INR ·
vs Issue
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High
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Mkt Cap
P/E
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| Price
Market Reference
IPO Issue Price
₹34
GMP
+₹0 (+0%)
GMP Est. Listing
₹34
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 10,04,000 (47.36%) ₹341.36 Cr
Retail Investors 10,04,000 (47.36%) ₹341.36 Cr
Total ** 21,20,000 (100.00%) ₹7,208.00 Cr
Market Maker * 1,12,000 (5.28%) ₹3.81 Cr
* Based on ₹34.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
10,04,000 (47.36%)
Retail
10,04,000 (47.36%)
Market Maker
1,12,000 (5.28%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Lakhs
Metric30-Sep-1831-Mar-1831-Mar-17
Revenue416.691208.501342.05
PAT60.09117.5830.09
EBITDA
Net Worth
Total Assets1941.521938.081945.78
Reserves
Borrowings
About Aartech Solonics Ltd.

Incorporated in 1982, Gwalior, Madhya Pradesh based Aartech Solonics Limited is a system solution oriented R&D enterprise in the field of specialized and selected energy appliances. It is involved in the manufacturing of electricity distribution & control apparatus [electrical apparatus for switching or protecting electrical circuits (e.g. switches, fuses, voltage limiters, surge suppressors, junction boxes etc.) for a voltage exceeding 1000 volts; similar apparatus (including relays, sockets etc.) for a voltage not exceeding 1000 volts; boards, panels, consoles, cabinets and other bases equipped with two or more of the above apparatus for electricity control or distribution of electricity including power capacitors.

Some of the company's popular products and services include-

1. BTS - 2000.
2. Kranking Ultra Capacitors.
3. Control Rely Panels.
4. Load Checkers.

The company also provide solutions and services for products of other companies like-

1. GSUN Innovations
2. Bestcase Enclosures

The company's client base includes businesses from various industries like Defense, Railways, Power Generation, Heavy Earth Moving Equipments and Oil & Gas etc.

Aartech's Innovations Lab is a 1000 sqft facility with all modern amenities required for laboratory operations. In November 2013, it was recognized by the Department of Science and Technology for its contribution in the field for R&D activities.

The company has 55 full-time employees excluding 10 contract employees.

Frequently Asked Questions
What is the issue price of Aartech Solonics Ltd. IPO?
The issue price of Aartech Solonics Ltd. IPO is ₹34 per share, face value ₹10.
What is the lot size?
Minimum lot size is 4,000 shares, requiring ₹136,000.
What are the IPO dates?
Opens 12 Mar 2019, closes 18 Mar 2019.
When is the listing date?
Tentative listing: 27 Mar 2019 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹34 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Aartech Solonics Ltd. IPO · Expected 22 Mar 2019

Check on Registrar
Post-IPO Timeline
Allotment Date
22 Mar 2019
Refund Initiation
25 Mar 2019
Demat Credit
25 Mar 2019
Listing Date
27 Mar 2019
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹34
Face ₹10
Lot Size
4,000
shares / lot
Min Amount
₹136,000
1 lot
Est. Listing
₹34
GMP +₹0
Key Dates
Open
12 Mar Done
Close
18 Mar Done
Listing
27 Mar Done
Registrar
Bigshare Services Pvt.Ltd.
A
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