Aeroflex Neu Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 66.3

Price Range (₹)

₹ 65 - 0

Lot Size

230

Min Investment (₹)

₹ 14,950.00

Listing Exchange

MumbaiNSE

Open Date

29-Dec-2022

Close Date

03-Jan-2023

Listing Date

11-Jan-2023

Latest IPO News

Price Performance

1 Week-15.20

Aeroflex Neu Ltd IPO Details

Initial public offering of 102,00,000* equity shares of face value of Rs. 10 each (Equity Shares) of Sah Polymers Limited (The Company or The Issuer) for cash at a price of Rs. 65 per equity share (including a premium of Rs. 55 per equity share) (Issue Price) aggregating to Rs. 66.30 crores (Issue). The offer cpmrises of fresh issue only. The issue shall constitute 39.54 % of the post-issue paid-up equity share capital of the company.The face value of the equity share is Rs. 10. the issue price is 6.5 times the face value of the equity shares.Bids can be made for a minimum of 230 shares and in multiples of 230 equity shares thereafter.

Objective of issue

Funding Capital Expenditure for the Project. General Corporate Purposes.

Aeroflex Neu Ltd Contact Details

Aeroflex Neu Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@sahpolymers.com

Website - www.sahpolymers.com