Aeroflex Industries IPO is a Book Built Issue and the total issue size of the IPO is ₹351 crore. The Aeroflex Industries IPO, which closes on August 24, consists of a fresh issue of shares as well as an offer for sale (OFS) portion.
Aeroflex Industries IPO: The initial public offering (IPO) of Aeroflex Industries opens for subscription on Tuesday, August 22. The Ashish Kacholia-backed Aeroflex Industries produces metallic flexible flow solution products that are good to the environment and delivers to markets across the globe.
Aeroflex Industries IPO is a Book Built Issue and the total issue size of the IPO is ₹351 crore. The Aeroflex Industries IPO, which closes on August 24, consists of a fresh issue of shares as well as an offer for sale (OFS) portion.
According to market observations, Aeroflex Industries shares are trading at a premium of ₹58 to the issue price in the grey market. The GMP today is lower than the GMP of ₹61 on August 20.
Considering the GMP today and the upper end of the price band, Aeroflex Industries shares are estimated to list at ₹166 apiece ( ₹108 + ₹58) on the exchanges, which is a premium of more than 53%.