Aspire And Innovative Advertising
Aspire And Innovative Advertising Info
Details about the Aspire And Innovative Advertising IPO. Opening Date of Aspire And Innovative Advertising is 26 Mar 24 and Closing Date is 28 Mar 24 . Face Value of Each share of Aspire And Innovative Advertising is ₹10 per share. Price band of Aspire And Innovative Advertising is ₹51 to ₹54. The Lot size of Aspire And Innovative Advertising is 2,000 shares. Total issue size of Aspire And Innovative Advertising IPO is ₹21.97 cr. Fresh Issue of Aspire And Innovative Advertising IPO is 21.97 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Aspire And Innovative Advertising is 11,110,000. Share Holding Post Issue of Aspire And Innovative Advertising is 15,178,000.
Business Summary
Aspire And Innovative Advertising are engaged in the business of trading of wide range of consumer durables like kitchen appliances, home appliances, white goods, mobile phones and its accessories, solar products etc. of multiple renowned brands such as Bajaj, Prestige, Vivo, Samsung, Crompton, Whirlpool, Hindware, Havells and many more.
In addition to offering third-party brands, Company started selling Stainless Steel Dinner Sets under our own brand name in 2022.
Aspire And Innovative Advertising IPO Details
| Open Date | 26 Mar 24 |
|---|---|
| Close Date | 28 Mar 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹51 - ₹54 |
| Lot Size | 2,000 Shares |
| Total issue Size | 4,068,000 Shares ₹21.97 cr |
| Fresh Issue | 4,068,000 Shares ₹21.97 cr |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 11,110,000 |
| Share Holding Post Issue | 15,178,000 |
| Market Maker | Hem Finlease |
| Market Maker Portion | 204,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Aspire And Innovative Advertising IPO Timeline
The Aspire And Innovative Advertising Initial Public Offering (IPO) is set to open on 26 Mar 24 and will end its subscription phase on 28 Mar 24. You can check your allotment status for Aspire And Innovative Advertising on 01 Apr 24. The refund process for your funds will start promptly on 02 Apr 24. Aspire And Innovative Advertising IPO credit of shares will be on 02 Apr 24. The listing date for Aspire And Innovative Advertising is on 03 Apr 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Aspire And Innovative Advertising IPO Reservation
The Aspire And Innovative Advertising IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, Not Less than 15% of the Net Issue will be available for NII, Not Less than 35% of the Net Issue will be available for Retail,
204,000 Shares will be reserved for subscription by Hem Finlease
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | Not Less than 15% of the Net Issue |
| Retail | Not Less than 35% of the Net Issue |
Aspire And Innovative Advertising IPO Lot Size
Bids can be made for minimum of 2000 shares and in multiple of 2000 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | 108,000 |
| Retail (Max) | 1 | 2,000 | 108,000 |
| HNI (Min) | 2 | 4,000 | 216,000 |
Aspire And Innovative Advertising IPO Promoters Holding
Promoters holding details for Aspire And Innovative Advertising in the current issue is as follows: The share holding of promoters before the issue stands at 98.84%, and after the issue, it has been adjusted to 72.35%.
Promoters of Aspire And Innovative Advertising are Nitesh Agarwalla, Rinku Agarwalla,
| Share Holding Pre Issue | 98.84% |
|---|---|
| Share Holding Post Issue | 72.35% |
Aspire And Innovative Advertising Financial Information
Financial performance details for Aspire And Innovative Advertising over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 8,135.72 | 6,256.99 | 5,328.01 | 3,492.07 |
| Revenue | 17,710.29 | 34,620.1 | 25,558.3 | 10,833.44 |
| Profit After Tax | 393.28 | 530.85 | 437.36 | 227.75 |
Aspire And Innovative Advertising IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Aspire And Innovative Advertising are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 11.3 |
| ROCE | 18.59% |
| ROE | 22.50% |
| RoNW | 20.22% |
| EPS (Rs) | 4.78 |
Object of the Issue
- • To meet Working Capital requirements
- • To finance the cost of establishing new warehouses
- • General Corporate Purpose
Contact Details for Aspire And Innovative Advertising
Phone
Office
C-4 Baldev Park, Shahdara, East Delhi -110051, Delhi, India
Registrar Details for Aspire And Innovative Advertising
Bigshare Services Pvt Ltd
Phone
Office
S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.
Lead Manager
- • Hem Securities Limited