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Aeroflex Industries Ltd IPO

  • Min. Investment13260/ 130 Shares
  • Min. Quantity130
  • Price Range₹102 - ₹108
  • Date Range22 Aug 23 - 24 Aug 23
  Retail Investor can invest upto Rs 2,00,000 in IPO
  • Application Start Date22 Aug 2023
  • Application End Date24 Aug 2023
  • Allotment begins
  • Refund Initiation Date30 Aug 2023
  • Allotment Date29 Aug 2023
  • Listing On Exchange01 Sep 2023
Registrar Information
  • NameLink Intime India Pvt Ltd
  • Contact no.+91 22 4918 6200
  • Email ID
Company Information

Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.

The company plans to go public and here’s all you need to know about this IPO.

Financial information

Here’s the consolidated financial information for the last three years:

Particulars FY21 FY22 FY23
(Rs Crore)
Revenue 144.73 240.8 269.38
Net Profit 6.02 27.57 30.16
Total Assets 163.75 184.48 214.09
  • Global flexible flow solutions provider operating in huge addressable market, catering to diverse industry segments
  • Export oriented business model;
  • Primary manufacturer of flexible flow solutions (Make in India with no listed peers with advance manufacturing facility and R&D infrastructure);
  • High entry and exit barriers;
  • Experienced and dedicated senior team across key functions.
  • The company exports its products to various countries and the export operations of the Company contribute more than 80% of Revenue from Operations. On account of the aforesaid, its may be subject to significant import duties or restrictions of the relevant jurisdictions. Further, adverse fluctuation in foreign exchange rate, unavailability of any fiscal benefits or our inability to comply with related requirements may have an adverse effect on our business and results of operations.
  • The company in the usual course of business do not enter into long-term contracts with suppliers for its raw materials and an increase in the cost of, or a shortfall in the availability or quality of such raw materials, in a timely manner or at all, could have an adverse effect on its business and results of operations.
  • The company business is dependent and will continue to depend on its single manufacturing facility, and its subject to certain risks in that behalf. Any slowdown or shutdown in the company manufacturing operations could have an adverse effect on its business, financial condition and results of operations.
  • The Company requires significant amounts of working capital and significant portion of the company working capital is consumed in trade receivables and inventories. Its inability to meet the company working capital requirements including failure to realise receivables and inventories may have an adverse effect on its results of operations and overall business.
  • The company in the usual course of business do not have long term contracts with most of its customers and rely on purchase orders for delivery of its product and they may cancel or modify their orders, change production quantities, delay production or change their sourcing strategy. Loss of one or more of its customers or a reduction in their demand for the company products could adversely affect its business, results of operations and financial condition.
  • Expand its portfolio of solutions to capitalize on large opportunities across industrial segments
  • Scale up its In-house Design and R&D efforts.
  • Increase focus on global markets and enhance its international presence.
  • Expand its domestic business to leverage the opportunities across industrial segments.
  • Focus on Digitisation and Industry 4.0 initiatives to drive operational efficiencies and achieve synergies.
What is Pre Apply?

Pre Apply will allow you to apply for an IPO 1-3 days before the bidding period starts. You'll get the UPI payment mandate once the IPO is open.

Learn more about Pre applying
How to Apply?

Select the IPO you want to apply for from the list of open issues. Enter your correct UPI ID and select the investor type. The quantity should be a multiple of the lot size. If you wish to apply at the cut-off price, simply click on the checkbox next to ’Cut-off price’. You will receive an SMS from the NPCI confirming your bid and requesting you to accept the mandate on your UPI app. We have noticed a significant delay in UPI payment SMS/notifications from NPCI. Request you to be patient. Please ignore this message if you’ve accepted the mandate

How to check your IPO allocation status

Tarsons Products allotment status will be available on or around 23 November 2021. The allotted shares will be credited to the demat account by 25 November 2021. We will provide you with the link to check the allocation’s status as soon as the registrar makes it live. This may happen after the IPO is closed (after 17 November 2021).

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