Aspire & Innovative Advertising Ltd IPO
Price Range
₹51 - ₹54
-
Min. Quantity
2,000 Shares
Closes on
March 28, 2024
-
Min. investment
₹1,08,000
Aspire & Innovative Advertising Ltd IPO Timeline
| Event | Date |
|---|---|
| Aspire & Innovative Advertising Ltd IPO Opening Date | March 26, 2024 |
| Aspire & Innovative Advertising Ltd IPO Closing Date | March 28, 2024 |
| Basis of Allotment | April 1, 2024 |
| Initiation of Refunds | April 2, 2024 |
| Credit of Shares to Demat | April 2, 2024 |
| Aspire & Innovative Advertising Ltd IPO Listing Date | April 3, 2024 |
Aspire & Innovative Advertising Ltd IPO Details
| Aspire & Innovative Advertising Ltd IPO Date | March 26, 2024 to March 28, 2024 |
| Aspire & Innovative Advertising Ltd IPO Face Value | ₹10 per share |
| Aspire & Innovative Advertising Ltd IPO Price | ₹51 to ₹54 per share |
| Aspire & Innovative Advertising Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹21.97 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹21.97 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Nitesh Agarwalla, Rinku Agarwalla |
Aspire & Innovative Advertising Ltd IPO Lot Size
The Aspire & Innovative Advertising Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,08,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,08,000 |
| Maximum | 1 | 2,000 | ₹1,08,000 |
- Strengths
- Risks
- Opportunities
- Strong portfolio and diverse range of products across consumer preferences.
- Diversified revenue from multiple locations including rural and semi urban geographies of India.
- Quality Assurance ensuring standardized product quality.
- Network of Warehousing and Transportation Facilities across various geographies.
Company Financials
Aspire & Innovative Advertising Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 95.65 | 170 | 3.89 |
| 03-2024 | 116.94 | 385.08 | 9.31 |
| 03-2023 | 62.57 | 346.2 | 5.31 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To meet working capital requirements
- To finance the cost of establishing new warehouses
- General corporate purposes
Aspire & Innovative Advertising Ltd IPO Promoter Holding
| Pre Issue Share Holding | 83.26% |
| Post Issue Share Holding | 60.94% |
Aspire & Innovative Advertising Ltd IPO Subscription Status (Bidding Detail)
The Aspire & Innovative Advertising Ltd IPO is subscribed 10.1495 times on March 28, 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 10.1495 |
Aspire & Innovative Advertising Ltd IPO Prospectus
Aspire & Innovative Advertising Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0S7801010 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
C-4 Baldev Park ShahdaraEast Delhi,Delhi-110051
Phone: +91 124 2213055
Email: cs@aspireinnovate.in
Website: www.aspireinnovate.in
Aspire & Innovative Advertising Ltd IPO Registrar
Aspire & Innovative Advertising Ltd IPO Lead Manager(s)
- Hem Securities Ltd
How to Check the Allotment Status of Aspire & Innovative Advertising Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Aspire & Innovative Advertising Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Aspire & Innovative Advertising Ltd IPO
Aspire & Innovative Advertising Limited was originally incorporated as 'Aspire & Innovative Advertising Private Limited' on July 31, 2017. Subsequently, the Company was converted into a Public Limited and the name of the Company was changed from 'Aspire & Innovative Advertising Private Limited' to 'Aspire & Innovative Advertising Limited' dated December 12, 2023 issued by the Registrar of Companies.
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