.The IPO is actually completely a new problem of 44.88 lakh equity portions of stated value Rs 10 each.2 minutes read Final Improved: Aug 24 2024|4:10 PM IST.Aeron Compound Ltd on Sunday said it has actually taken care of the price band at Rs 121-125 per reveal for its SME initial public offering which are going to open up for registration on August 28.The provider intends to increase approximately Rs 56.10 crore from its SME social problem, Aeron Compound stated in a statement.The business has actually received commendation to release its own social problem on NSE Emerge Platform of the National Stock Market, it included.Everyone concern will conclude on August 30. Real estate investors can easily bid for a lowest of 1,000 reveals and also in multiples thereof.The IPO is entirely a clean concern of 44.88 lakh equity shares of stated value Rs 10 each.Retail financier percentage for the going public (IPO) is kept at not lower than 35 per cent of the web provide, Non institutional client allocation is kept at not less than 15 per-cent of the deal and QIB portion is maintained certainly not much more than fifty per cent of the deal.The provider has actually proposed to utilise IPO earnings for moneying the capital expenditure requirements in the direction of putting together of an additional production system at Mehsana, Gujarat and standard corporate reasons.The firm reported earnings of Rs 179.1 crore for FY 2023-24 (till February 2024) and also web earnings stood up at Rs 9.42 crore during the duration.Aeron Compound Ltd is actually participated in business of production and offering of Fibreglass Reinforced Polymer Products i.e. FRP items including, FRP Pultruded Products, FRP Moulded Gratings & FRP Rods tailored for a variety of industrial functions.It transports products to much more than 30 nations.Hem Stocks Ltd is actually the main book operating top supervisor, while Maashitla Securities Pvt Ltd is the registrar for the issue.( Only the title and also image of this record might have been actually modified due to the Service Requirement personnel the rest of the web content is actually auto-generated from a syndicated feed.) 1st Posted: Aug 24 2024|4:10 PM IST.