Issue Price
₹54
Per Share
GMP
NIL
Grey Market
Est. Listing
₹54
Expected Price
Min. Application
₹216,000
2 lots × 2000 shares
Aspire & Innovative Advertising Ltd is proposing an Initial Public Offering (IPO) on the NSE SME platform under the SME category. The total issue size is 40,68,000 shares (aggregating up to ₹21.97 Cr).
Subscription opens 26 Mar 2024, closes 28 Mar 2024. Listing expected 03 Apr 2024. Apply via ASBA or UPI.
Aspire & Innovative Advertising Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 204,000 | — | ₹1.10 Cr | — |
| TOTAL | 4,068,000 | 100.00% | ₹21.97 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹108,000 |
| Retail (Max) | 13 | 26,000 | ₹1,404,000 |
| sNII (Min) | 14 | 28,000 | ₹1,512,000 |
| bNII (Min) | 68 | 136,000 | ₹7,344,000 |
| Particulars | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 17710.29 | 34620.10 | 25558.30 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 393.28 | 530.85 | 530.85 |
| Net Worth | 530.85 | 1551.25 | 1020.39 |
| Total Assets | 8135.72 | 6256.99 | 5328.01 |
| Reserves & Surplus | 833.53 | 833.53 | 909.29 |
| Total Borrowings | 1160.89 | 881.53 | 111.02 |