Aartech Solonics Limited SME IPO

Incorporated in 1982, Gwalior, Madhya Pradesh based Aartech Solonics Limited is a system solution oriented R&D enterprise in the field of specialized and selected energy appliances. It is involved in the manufacturing of electricity distribution & control apparatus (e.g. switches, fuses, voltage limiters, surge suppressors, junction boxes etc) like 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. The company also provides solutions and services for products of other companies like GSUN Innovations and Bestcase Enclosures, and their client base includes businesses from various industries like Defense, Railways, Power Generation, Heavy Earth Moving Equipments and Oil & Gas etc.

 

Company Promoters: Mr Anil Anant Raje and Mrs Chhaya Raje.

Issue Details

Aartech Solonics Limited - SME IPO
 Issue Open  12 Mar - 18 Mar 2019 
 Issue Price  Rs 34 per Equity Share
 Market Lot  4000 Shares 
 Issue Size  2,120,000 Eq Shares of Rs 10 (up to Rs 7.21 Cr)
 Face Value  Rs 10 per Equity Share 
 Listing At  BSE SME


  Objectives 

 

 1. Investment in the wholly owned subsidiary company - "M/S AIC Aartech Solonics Private Limited"- Rs 200 lakhs

 2. Investment in the wholly owned subsidiary company - " M/S Faradigm Ultracapacitors Private Limited"- Rs 250 lakhs

 3. For General Corporate Expenses including Capital Expenditure & Research and Development Expenses - Rs 120 lakhs

 4. Working Capital Requirement- Rs 100 lakhs

 5. Meeting Public Issue Expenses- Rs 50 lakhs

Company Financials

Particulars  For the year/period ended (in lakh rupees) 
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15
Total Assets  1938 1946 1872 1922
Total Revenue  1209 1342 1026 994
Profit After Tax  118 30 23 113

Apply Now

You can Invest via:

  201404210316526522603845   201404210316526522603171   201404210316526522603762   201606080432378699589304.jpg

Open Account Now