Powered by: Motilal Oswal
31/08/2023 3:15:09 PM | Source: IANS
Aeroflex Industries IPO lists at a premium of 83%
News By Tags | #442

Mumbai-based Aeroflex Industries made a strong listing debut today on BSE at a premium of 82.78 per cent at Rs.197.40.

Pantomath Capital is the sole Book Running Lead Manager in Aeroflex Industries IPO. 

Together with Pre-IPO of Rs 76 crore, Aeroflex and its Promoter, Sat Industries Ltd, raised a total of Rs 427 crore. Aeroflex IPO was subscribed 97.11 times in which the QIB portion was subscribed 194.73 times. Nippon Mutual Fund, Invesco Mutual Fund and White Oak Mutual Fund led the anchor book of Aeroflex.

Aeroflex IPO had received more than 27 lakh applications, which is the highest number of applications received in any IPO so far this year.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here