Due to some internal issue between promoters and existing shareholders of the company, the issue is postponed.
Aartech Solonics Limited IPO
(i) Aartech Solonics Limited is a system solution oriented R&D enterprise in the field of specialized and selected energy appliances. The company is involved in the manufacturing of electricity distribution & control apparatus [electrical apparatus for switching or protecting electrical circuits (e.g. switches, fuses, voltage limiters, surge suppressors, junction boxes etc.) for a voltage exceeding 1000 volts; similar apparatus (including relays, sockets etc.) for a voltage not exceeding 1000 volts; boards, panels, consoles, cabinets and other bases equipped with two or more of the above apparatus for electricity control or distribution of electricity including power capacitors.
(ii) The history of being in the Energy sector goes back to 1982, and as a Limited company, it was registered in the year 1992. Since then, they have been providing technical expertise to all the customers in expanding energy market across the globe. The company is known for its rich credentials in the highly specialized field of fast bus transfer systems for medium voltage installations in power plant & process industries.
(iii) Aartech BTS – 2000 Micro processor based fast bus transfer system, sets the highest international benchmarks for providing critical process continuity solutions to the industry.
(iv) They aim to be a multi-product, multi-technologist company which provides a platform for technologists to step on and contribute effectively to technology development without having to inordinately deal with business setup issues. Also, to be an efficiently structured, IT enabled, delegated and organized outfit.
POPULAR PRODUCTS AND SERVICES:
1) BTS – 2000.
2) Kranking Ultra Capacitors.
3) Control Rely Panels.
4) Load Checkers.
5) They also provide solutions and services for the following products. These products are trademarks of other companies.
Objects of the Aartech Solonics Limited IPO:
Aartech Solonics Limited IPO Details:
|Open Date:||Mar 12 2019|
|Close Date:||Mar 18 2019|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||7.2 Cr.|
|Lot Size:||4000 Shares|
|Issue Price:||₹ 34 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Mar 27 2019|
Financials of Aartech Solonics Limited IPO:
Comparison With Peers:
Recommendation on Aartech Solonics Limited IPO:
Lead Manager of Aartech Solonics Limited IPO:
Registrar of Aartech Solonics Limited IPO:
Bid Details of Aartech Solonics Limited IPO as on
18 Mar 2019 | 11:58:04 PM
|Category||No.of shares offered||No. of shares bid|