On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check the allotment status through BSE or by visiting the registrar s website. Here s how you can check the status on BSE.
Analysts gave a thumbs-up to the issue as it offers a favourable risk-reward ratio for long-term investors, given its unique business model, decent return ratios and margins.
Aeroflex Industries IPO: "With high entry barriers and with investing in new technologies which has helped the company to improve its products, we believe that the company has a potential to grow in the long term and thus we assign a 'Subscribe' rating for the issue," Choice Broking said.
The Mumbai-based metallic flexible flow solution products maker is looking to raise Rs 351 crore through the IPO at the upper end of Rs 102-108 price band
Aeroflex Industries IPO: Ahead of its IPO, the Mumbai-based company said it has garnered Rs 103.68 crore from anchor investors. Aeroflex informed the bourses that it allocated 95,99,980 shares at Rs 108 apiece to anchor investors.