IPO Issue Details
Issue Price / Price Band₹67 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size36,00,000 shares (aggregating up to ₹24.12 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 10 May 2024
Subscription CloseTue, 14 May 2024
Anchor AllotmentThu, 09 May 2024
Basis of AllotmentWed, 15 May 2024
Initiation of RefundsThu, 16 May 2024
Credit of Shares to DematThu, 16 May 2024
Listing DateFri, 17 May 2024
UPI Mandate Deadline2024-05-14
Application & Investment Details
Retail — Min (1 Lots)₹1,34,000 — 2,000 shares
Retail — Max (13 Lots)₹1,742,000 (13 Lots)
HNI — Min (2 Lots)₹2,68,000 — 4,000 shares
EPS (Pre-IPO)₹3.27
EPS (Post-IPO)₹4.42
P/E Ratio (Pre-IPO)20.47x
P/E Ratio (Post-IPO)15.16x
Net Offer to Public34,18,000 shares (aggregating up to ₹22.90 Cr)
Reserved for Market Maker1,82,000 shares (aggregating up to ₹1.22 Cr)
Pre-IPO Promoter Holding1,00,00,000 shares
Post-IPO Promoter Holding1,36,00,000 shares
About Aztec Fluids & Machinery Ltd
Founded in April 2010, Aztec Fluids & Machinery Limited provides a quality-assured assortment of Printers, Printer consumables, and Printer Spares to a diverse range of industries, including personal care, food and beverages, pharmaceuticals, construction materials, cables, wires, and pipes, metals, automotive and electronics, agrochemicals, and chemicals and petrochemicals.The company's range of products includes various types of printers, namely continuous inkjet printers (CIJ), Thermal Transfer Over printers (TTO), Drop on demand printers (DOD), NIJ printers (i.e. piezoelectric printers), and laser printers. Additionally, the company offers printer inks and consumable items such as makeup and cleaning solvents.The company exports its products to countries such as Sri Lanka, Nepal, Bhutan, Bangladesh, Kenya and Nigeria.The company has its registered office in Ahmedabad and a warehouse in Kheda, Gujarat for storing imported printers.As of December 31, 2023, The company had a team of 28 employees dedicated to sales and marketing, and 51 employees dedicated to after-sales service and support at client locations.
Objects of the Issue
Aztec Fluids & Machinery Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding of the proposed acquisition of equity shares of Jet Inks Private Limited
2
Repayment of a portion of certain borrowing availed by our Company
3
General Corporate Purpose
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,00,00,000 shares
Post-IPO Promoter Holding
1,36,00,000 shares