Aztec Fluids & Machinery IPO Logo

Aztec Fluids & Machinery IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates May 10 to May 14 2024
Price Band ₹63 - 67
Current GMP ₹90
Subscription 218.38 times

IPO Details

IPO Date
May 10, 2024 to May 14, 2024
Listing Date
Friday, May 17, 2024
Face Value
₹10 per share
Price Band
₹63 to ₹67 per share
Lot Size
2000 Shares
Total Issue Size
3,600,000 shares (aggregating up to ₹24.12 Cr)
Fresh Issue
3,600,000 shares (aggregating up to ₹24.12 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE SME
Share holding pre issue
10,000,000
Share holding post issue
13,600,000
Market Maker portion
182,000 shares Hem Finlease

IPO Subscription Details

Anchor Investors
1
Market Maker
1
Qualified Institutions
107.93
Non-Institutional Buyers***
341.94
Retail Investors
228.43
Total **
218.38

Day Wise Sub

DayDay 1 May 10, 2024
QIB1.75
NII*3.69
Retail5.35
Total3.97
DayDay 2 May 13, 2024
QIB2.85
NII*19.86
Retail31.41
Total20.78
DayDay 3 May 14, 2024
QIB107.93
NII*341.94
Retail228.43
Total218.38

Day Wise GMP

Date17-05-2024
Price67.00
GMP54(80.6%)
Estimate List Price121
Date16-05-2024
Price67.00
GMP54(80.6%)
Estimate List Price121
Date15-05-2024
Price67.00
GMP50(74.63%)
Estimate List Price117
Date14-05-2024
Price67.00
GMP60(89.55%)
Estimate List Price127
Date13-05-2024
Price67.00
GMP30(44.78%)
Estimate List Price97
Date12-05-2024
Price67.00
GMP30(44.78%)
Estimate List Price97
Date11-05-2024
Price67.00
GMP30(44.78%)
Estimate List Price97
Date10-05-2024
Price67.00
GMP30(44.78%)
Estimate List Price97
Date09-05-2024
Price67.00
GMP35(52.24%)
Estimate List Price102
Date08-05-2024
Price67.00
GMP40(59.7%)
Estimate List Price107
Date07-05-2024
Price67.00
GMP35(52.24%)
Estimate List Price102
Date06-05-2024
Price67.00
GMP25(37.31%)
Estimate List Price92

IPO Important Dates

IPO Open Date
Friday, May 10, 2024
IPO Close Date
Tuesday, May 14, 2024
Basis of Allotment
Wednesday, May 15, 2024
Initiation of Refunds
Thursday, May 16, 2024
Credit of Shares to Demat
Thursday, May 16, 2024
Listing Date
Friday, May 17, 2024
Cut-off time for UPI mandate confirmation
5 PM on May 14, 2024

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares2000
Amount₹134,000
ApplicationRetail (Max)
Lots1
Shares2000
Amount₹134,000
ApplicationHNI (Min)
Lots2
Shares4,000
Amount₹268,000

Financial Information

Period EndedPeriod Ended
31 Dec 202331 Dec 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Dec 20234,287.00
31 Mar 20233,090.06
31 Mar 20222,707.75
Period EndedRevenue
31 Dec 20235,182.38
31 Mar 20235,452.97
31 Mar 20224,642.56
Period EndedProfit After Tax
31 Dec 2023450.74
31 Mar 2023327.38
31 Mar 2022311.25
Period EndedNet Worth
31 Dec 20231,986.34
31 Mar 20231,535.60
31 Mar 20221,238.56
Period EndedReserves and Surplus
31 Dec 2023986.34
31 Mar 20231,335.60
31 Mar 20221,237.56
Period EndedTotal Borrowing
31 Dec 2023565.95
31 Mar 2023562.31
31 Mar 2022552.40

Key Performance Indicator

ROE
25.60%
ROCE
25.38%
Debt/Equity
0.28
RoNW
22.69%
P/BV
3.37
PAT Margin (%)
8.85
EPS (Rs)
3.27

IPO Reservation

Anchor Investor Shares Offered
1,022,000 (28.39%)
Market Maker Shares Offered
182,000 (5.06%)
QIB Shares Offered
684,000 (19.00%)
NII (HNI) Shares Offered
514,000 (14.28%)
Retail Shares Offered
1,198,000 (33.28%)
Total Shares Offered
3,600,000 (100%)

Information about company

Founded in April 2010, Aztec Fluids & Machinery Limited provides a quality-assured assortment of Printers, Printer consumables, and Printer Spares to a diverse range of industries, including personal care, food and beverages, pharmaceuticals, construction materials, cables, wires, and pipes, metals, automotive and electronics, agrochemicals, and chemicals and petrochemicals. The company's range of products includes various types of printers, namely continuous inkjet printers (CIJ), Thermal Transfer Over printers (TTO), Drop on demand printers (DOD), NIJ printers (i.e. piezoelectric printers), and laser printers. Additionally, the company offers printer inks and consumable items such as makeup and cleaning solvents. The company exports its products to countries such as Sri Lanka, Nepal, Bhutan, Bangladesh, Kenya and Nigeria. The company has its registered office in Ahmedabad and a warehouse in Kheda, Gujarat for storing imported printers. As of December 31, 2023, The company had a team of 28 employees dedicated to sales and marketing, and 51 employees dedicated to after-sales service and support at client locations.

Objectives of IPO

The company intend to utilize the proceeds of the net issue to meet the following objects: Funding of the proposed acquisition of equity shares of Jet Inks Private Limited Repayment of a portion of certain borrowing availed by our Company General Corporate Purpose

Disclaimer

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application. No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever Please read all Tearms and conditions , and agree to use the App