The Ashish Kacholia-backed company raised Rs 351 crore from its initial public offering, as it sold its shares in the Rs 102-108 price band from August 22 to August 24.
Shares of Aeroflex Industries Ltd on Thursday make stock market debut opening at Rs 197.4 on the BSE, which is about 82.78 per cent higher than the issue price of Rs 108 per share
The Ashish Kacholia-backed company raised Rs 351 crore from its initial public offering, as it sold its shares in the Rs 102-108 price band from August 22 to August 24.
Aeroflex Industries is a market leader in metallic flexible flow solutions, offering a comprehensive range of products including corrugated stainless steel hoses and interlock flexible metal hoses.