Aspire & Innovative Advertising Limited IPO
₹51 - ₹54
2000
15.17
| Open Date: | 26-Mar-2024 |
| Close Date: | 28-Mar-2024 |
| Allotment Date: | 01-Apr-2024 |
| Listing Date: | 03-Apr-2024 |
| Listing Price: | N/A |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹51-54 Per Equity Share |
| Issue Size: | Total Issue Size 4,068,000 shares (aggregating up to ₹21.97 Cr) : Fresh Issue 4,068,000 shares (aggregating up to ₹21.97 Cr) |
| Market Lot (Min Amount): | Retail - ₹108,000 : HNI - ₹216,000 |
As on | QIB | Nll | Rll | Total |
|---|---|---|---|---|
| Shares Offered/Reserved | 774,000 | 580,000 | 1,354,000 | 2,708,000 |
| Day 1 - 26-03-24 05:00 PM | 2.91x | 0.70x | 2.57x | 2.26x |
| Day 2 - 27-03-24 05:00 PM | 2.92x | 1.38x | 6.00x | 4.13x |
| Day 3 - 28-03-24 05:00 PM | 5.21x | 25.60x | 16.39x | 15.17x |
| Total No. of Application: | 11,099 (Approx.) | |||
| Retail Subscription on the basis of Apps: | 16.39x | |||
| Earning Per Share(EPS) | ₹4.78/- |
| P/E Ratio | 11.3 |
| RoNW | 20.22% |
| Net Asset Value (NAV) - Post Issue: | ₹17.50/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 30 Sep,2023 | 8,135.72 | 17,710.29 | 393.28 |
| 31 Mar,2023 | 6,256.99 | 34,620.10 | 530.85 |
| 31 Mar,2022 | 5,328.01 | 25,558.30 | 437.36 |
| 31 Mar,2021 | 3,492.07 | 10,833.44 | 227.75 |
| Pre Issue Share Holding | 98.84% |
| Post Issue Share Holding | 72.35% |
| 1. Nitesh Agarwalla |
| 2. Rinku Agarwalla |
The company intends to utilize the proceeds of the Issue to meet the following objects:
- To meet Working Capital requirements; and
- To finance the cost of establishing new warehouses
- General Corporate Purpose.
Founded in 2017, Aspire & Innovative Advertising Limited deals in consumer durables, including kitchen appliances, home appliances, white goods, mobile phones and accessories, solar products, and more. They deal in products from renowned brands such as Bajaj, Prestige, Vivo, Samsung, Crompton, Whirlpool, Hindware, Havells, and many others.
The company's asset-light model incurs expenses for facilitation fees and commission paid to intermediaries. They provide services such as marketing, field staff interaction, demand collation, and financial services to customers in rural and semi-urban communities.
The company offers 50+ products, including cookware, electronics, and appliances such as pressure cookers, induction cooktops, mixer-grinders, dinner sets, sewing machines, fans, irons, bulbs, heaters, phones, TVs, refrigerators, washing machines, headphones, and solar lanterns.
The company has commercial arrangements with 15+ intermediaries and operates 19 warehouses in 16 states.
As of November 30, 2023, the company has 49 full-time employees, including managers.
No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
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