.The IPO is completely a fresh issue of 44.88 lakh equity portions of face value Rs 10 each.2 min checked out Final Updated: Aug 24 2024|4:10 PM IST.Aeron Compound Ltd on Sunday claimed it has dealt with the price band at Rs 121-125 every reveal for its own SME going public which will open up for subscription on August 28.The business prepares to elevate around Rs 56.10 crore from its SME social problem, Aeron Compound pointed out in a claim.The business has actually gotten approval to launch its own social issue on NSE Emerge System of the National Stock Exchange, it added.The general public concern will definitely end on August 30. Investors can easily purpose a minimum of 1,000 portions as well as in multiples thereof.The IPO is actually entirely a clean problem of 44.88 lakh equity portions of face value Rs 10 each.Retail real estate investor percentage for the going public (IPO) is maintained not lower than 35 percent of the web deal, Non institutional capitalist quota is actually kept at certainly not lower than 15 percent of the provide as well as QIB part is actually kept at not much more than 50 per cent of the provide.The provider has actually proposed to use IPO proceeds for cashing the capital expenditure criteria towards establishing of an extra manufacturing device at Mehsana, Gujarat and standard company functions.The provider mentioned revenue of Rs 179.1 crore for FY 2023-24 (till February 2024) and internet earnings stood up at Rs 9.42 crore throughout the time frame.Aeron Compound Ltd is engaged in business of production and supplying of Fiberglass Reinforced Polymer Products i.e. FRP items including, FRP Pultruded Products, FRP Moulded Gratings & FRP Rods modified for a variety of industrial applications.It ships products to much more than 30 countries.Hem Securities Ltd is the only book operating top manager, while Maashitla Stocks Pvt Ltd is actually the registrar for the concern.( Merely the heading and also picture of this file might have been actually revamped by the Organization Requirement personnel the remainder of the material is auto-generated coming from a syndicated feed.) First Released: Aug 24 2024|4:10 PM IST.