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Aeroflex Industries Ltd

Registered Office : Plot # 41 42/13 42/14 & 42/18,Taloja MIDC Vilg. Chal Panvel,Navi Mumbai Maharashtra 410208 Phone : 91-91-22-61467100/22-22850888
Fax :

Email : corporate@aeroflexindia.com

Website : www.aeroflexindia.com

Initial public offer of 32,500,000^ equity shares of face value Rs. 2/- each ("Equity Shares") of Aeroflex Industries Limited for cash at a price of Rs. 108/- per equity share (including a share premium of Rs. 106/- per equity share) (the "Offer Price"), aggregating Rs. 351.00 crores ("Offer") comprising of a fresh issue of 15,000,000^ equity shares aggregating Rs. 162.00 crores by the company ("Fresh Issue") and an offer for sale of 17,500,000 equity shares aggregating to Rs. 189.00 crores comprising of 17,500,000 equity shares by Sat Industries Limited ("Promoter Selling Shareholder") ("The Offer for Sale"). The offer will constitute 25.13 % of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs. 2/- each. the offer includes a reservation of 500,000 equity shares, aggregating Rs. 5.40 crores (constituting to 0.39% of the post-offer paid-up equity share capital), for subscription by holding company eligible shareholder. The offer less the reservation portion of holding company eligible shareholder is hereinafter referred to as the net offer. the offer and the net offer constitute 25.13% and 24.74% of the post-offer paid-up equity share capital.

Issue

Opens On

Closes On

22-Aug-2023

24-Aug-2023

Money Payable On

Application

Allotment

108.00

0.00

Minimum Application for shares in Nos : 130.0 Further Multiples of : 130.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

131.53

351.00

25.86

108.00

Pantomath Capital Advisors Pvt Ltd

Projects

Full or part repayment and/or prepayment of certain outstanding secured borrowings(including foreclosure charges, if any)availed by the company

Funding working capital requirements of the company

General corporate purposes and Unidentified inorganic acquisitions

Promoted By

Sat Industries Ltd

Listing At

Registrar to the Issue

MUFG Intime India Pvt Ltd