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SAT Industries Ltd sells 3.55% stake in Aeroflex Industries Ltd

SAT Industries Ltd has sold 40,63,337 equity shares i.e., 3.55% held in its material subsidiary, Aeroflex Industries Limited for a total consideration of INR 35.58 Crores. ....

Mitul Prafulbhai Mehta , Rajnik Savaliya , Shyam Agarwal , Vikas Khemani , Aeroflex Industries Limited To Carnelian Structural Fund , Rosy Blue India Private , Industries Ltd , Sat Industries Ltd , Aeroflex Industries Ltd , Global Ventures Fund , Aeroflex Industries , Aeroflex Industries Limited , Carnelian Structural Fund , Jagdish Master , Rosy Blue India Private Limited , Ventures Fund , Samedh Trinity Partners ,

Marquee investors including Ashish Kacholia pick up stakes in Aeroflex Industries ahead of IPO

Aeroflex Industries has witnessed investors such as Ashish Kacholia and Jagdish Master increase stakes ahead of its initial public offering (IPO) scheduled this month. The IPO seeks to raise Rs 350 crore and comprises a fresh equity shares issue worth up to Rs 160 crore and an offer for sale of up to 17.5 million equity shares by promoter shareholders. More than 7% stakes in the firm were purchased by the investors over two months. Aeroflex s metallic flexible flow solutions account for more than 80% of the firm s revenues and are used by fire-fighting, space, aviation, and other sectors. ....

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