Aeroflex IPO: Aeroflex Industries' unlisted shares are currently trading at Rs 178 in the grey market, indicating about 64 per cent gain on the listing day
Upcoming IPOs: The primary market witnessed some major listings in both main board and SME IPOs in August 2023. Continuing the momentum, several initial public offerings (IPOs) will open this week as the month ends and September begins. Check the list of upcoming IPOs, listings, allotment date, subscription, and other details in this Visual Story.
Aeroflex IPO: Aeroflex Industries' unlisted shares are currently trading Rs 70 higher in the grey market, which is about 64.8 per cent higher than its upper issue price of Rs 108 per share
Aeroflex Industries, formerly known as Suyog Intermediates, is a manufacturer of environment-friendly Metallic Flexible Flow Solution products, catering to global markets. The company has grown at over 37 per cent revenue CAGR in last 3 years, clocking 20 per cent EBITA margins and generating approximately 32 per cent ROCE. Its manufacturing facility is located at Taloja, Navi Mumbai, Maharashtra.