May 17, 2024
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Aztec Fluids IPO GMP Guidance & Subscription Status at Chanakyanipothi.com,
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Aztec Fluids IPO Latest updates:
The company will enter the market soon to raise funds.
What is the latest GMP of Aztec Fluids IPO?*
Latest GMP & Subject to rates: Click
Check Subscription status of Aztec Fluids IPO
On 14 May 2024 @ 5.00 (Day 3) (Closed)
QIB: 107.93 T
NII: 341.94 T
RII: 228.43 T
Total: 218.38 T
Application: 166207
What is the business of Aztec Fluids?
Established in 2010, Aztec Fluids & Machinery provides coding and marking solutions to a diverse range of industries such as personal care, food & beverages, pharmaceuticals, construction materials, cables, wires & pipes, metals, automotive & electronics, agrochemicals, chemicals & petrochemicals etc. Its product portfolio includes (i) printers such as continuous inkjet printers (CIJ), Thermal
Transfer Over printers (TTO), Drop on demand printers (DOD), NIJ printers (i.e. piezoelectric printers) and laser printers (ii) printer inks and (iii) printer consumable items i.e. makeup and cleaning solvents. Its range of products allows its customers to print vital variable information like batch number, date, price, logo, brand, size, barcodes, promotional codes, meter marks, special marks etc. on the products such as steel tubes, aluminum panels, G.I. sheets, laminates, glass, PVC, plywood, woven sac, corrugated boxes, plastics and packing materials.
Since 2015, it is an exclusive distributor of Lead Tech (Zhuhai) Electronic Co. Ltd., China for CIJ Printers, TTO Printers and a range of associated equipment and accessories for various countries such as India, Sri Lanka, Nepal, Bhutan, Bangladesh, Kenya and Nigeria. The other type of printers such as DOD and NIJ are imported by it from other foreign suppliers. After import of printers, based on the customers’ requirements it carries out certain functions such as printer configuration & stand installation on printers. It also carries the necessary testing and trial run to check the desired output of printers.
It procures inks from Fluidtech Corp (“Fluidtech”), a partnership firm of the Promoters, Mr. Pulin Vaidhya and Mrs. Amisha Vaidhya with which it has entered into a manufacturing and supply agreement dated December 22, 2023. Fluidtech specializes in manufacturing a diverse colours of inks, including red, black, yellow, white, green, pink and UV, which are used in the printers in which it deals in. It also has a manufacturing setup at Vatva, Ahmedabad from where it manufactures printer consumable
items i.e. makeup and cleaning solvents as well as inks as per requirement basis.
Its customer base includes some of the renowned names such as Astral Limited, ADF Foods Limited, Eris Lifesciences Limited, Rossari Biotech Limited, Surya Roshni Ltd, Vectus Industries Ltd., ERIS
Therapeutics Limited, Resinova Chemie Limited, Prince Pipe & Fittings Limited, Oswal Cables Pvt Ltd, Digicode, Codjet India and Makson Pharmaceuticals.
Get more information about the company @ http://www.aztecindia.org/
| Aztec Fluids IPO Details | |
| IPO opens on | 10 May 2024 |
| IPO closes on | 14 May 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 3600000 Sh /Rs 24.12 Cr |
| * Fresh Issue | 3600000 Sh /Rs 24.12 Cr |
| * Offer for Sale | – Sh /Rs – Cr |
| Market Maker Portion | 182000 Sh. |
| Net offer to Public | 3418000 Sh./Rs.22.90 Cr |
| Face Value per share | Rs. 10 |
| Price Band | Rs.63-67 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 2000 Shares |
| Listing will at | BSE SME |
| Shares offered in Aztec Fluids IPO | ||
| Shares | Rs. (Cr) | |
| QIB (50%) | 1709000 | 11.45 |
| NII (15%) | 512700 | 3.44 |
| RII (35%) | 1196300 | 8.01 |
| Total Shares | 3418000 | 22.90 |
| Retail portion will be oversubscribed by | 598 | |
| Forms | ||
| How much Shares to Apply in Aztec Fluids IPO? | ||
| Min Retail Application | 2000 Sh | Rs. 134000 |
| Min HNI Application | 4000 Sh | Rs.268000 |
Who are the Promoters of Aztec Fluids IPO?
The promoters of the company are Pulin Kumudchandra Vaidhya, Amisha Pulin Vaidhya and Kumudchandra Bhagwandas Vaidya.
What are the Objects of Aztec Fluids IPO?
The Offer comprises only of a Fresh Issue of Equity shares.
The objects of the present issue of Equity Shares are:
1.Funding of the proposed acquisition of equity shares of Jet Inks Private Limited
2.Repayment of a portion of certain borrowing availed by the Company
3.General Corporate Purpose
| Aztec Fluids IPO Tentative timetable | |
| IPO opens on | 10 May 2024 |
| IPO Closes on | 14 May 2024 |
| IPO Allotment on | 15 May 2024 |
| Refund Initiation | 16 May 2024 |
| Credit of Shares | 16 May 2024 |
| Listing on | 17 May 2024 |
| Registered Office of the Company Aztec Fluids & Machinery Limited Part H Plinth,4th Floor, Takshashila Square, Near Krishnabag Four Rd Maninagar, Ahmedabad,-380028 |
| Who is the Lead Manager of Aztec Fluids IPO? Hem Securities Limited |
| Who is the Registrar to IPO? Bigshare Services Pvt Ltd |
| Aztec Fluids IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs.in Cr | Rs.in Cr | Rs. | % | |
| 2020-21 | 34.68 | 2.46 | 2.46 | 25.68 |
| 2021-22 | 46.43 | 3.11 | 3.11 | 25.13 |
| 2022-23 | 54.53 | 3.27 | 3.27 | 21.32 |
| Book Value of the Share on | 31.03.2023 | Rs 15.36 | ||
| BV of the Share at cap price | after the IPO | Rs. | ||
| Offer Price/upper band | Rs. 67 | |||
| Aztec Fluids IPO Key Performance indicators |
|
| Price/last EPS of 22-23 | 20.49 |
| Price/BV Ratio | 4.36 |
| Upper price/BV after IPO | – |
How Aztec Fluids IPO compares with the Peers?
| As per DRHP | FV | Total Income | PE Ratio |
| Rs. | In Cr. | @ | |
| Aztec Fluids | 10 | 54.53 20.49 | |
| Control Prints | 10 | 308.15 | 29.13 |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Aztec Fluids IPO To the point Guidance
Established in 2010, Aztec Fluids & Machinery provides coding and marking solutions to a diverse range of industries such as personal care, food & beverages, pharmaceuticals, construction materials, cables, wires & pipes, metals, automotive & electronics, agrochemicals, chemicals & petrochemicals etc.Its customer base includes some of the renowned names such as Astral Limited, ADF Foods Limited, Eris Lifesciences Limited, Rossari Biotech Limited, Surya Roshni Ltd, Vectus Industries Ltd.
Size: The net offer is of Rs. 22.90 Crore/3418000 shares. Retail portion is Rs. 8.01 crore and it can get one time subscribed with 598 applications. The size of the IPO is not very large, over subscription may not be an issue.
Financial Snapshot: The company has strong and growing business. Sales and profits do not appear to be inflated. The shares are offered at attractive valuation. Apply.
Quicklinks
Aztec Fluids IPO GMP today details?
Aztec Fluids IPO
Aztec Fluids IPO FAQs
What is Aztec Fluids IPO?
Aztec Fluids is a SME IPO of 3600000 equity shares of the face value of Rs. 10 aggregating up to Rs.24.12 Crores. The issue is priced at Rs.67 per share. The minimum order quantity is 2000 Shares.
When will Aztec Fluids IPO open?
Aztec Fluids IPO opens on May 10, 2024, and closes on May 14, 2024.
What is the lot size of Aztec Fluids IPO?
Aztec Fluids IPO lot size is 2000 Shares, and the minimum amount required is Rs.134000
How to apply for Aztec Fluids IPO?
You can apply in Aztec Fluids IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Aztec Fluids IPO allotment?
The finalization of Basis of Allotment for Aztec Fluids IPO will be done on May 15, 2024, and the allotted shares will be credited to your demat account by May 16, 2024.
When is Aztec Fluids IPO listing date?
Aztec Fluids IPO listing date is May 17, 2024.
