Aztec Fluids & Machinery IPO Details: Aztec Fluids & Machinery is marking a significant milestone with the announcement of its IPO dates. Scheduled to commence on May 10th and conclude on May 14th, this BSE SME IPO aims to raise ₹24.12 crores. Investors can participate in the Aztec Fluids & Machinery IPO, priced between ₹63 to ₹67 per share, with a market lot comprising 2000 shares.
Established in 2010, Aztec Fluids & Machinery Limited specializes in providing coding and marking solutions across various industries, including personal care, food & beverages, pharmaceuticals, and more. Their diverse product portfolio encompasses printers such as continuous inkjet printers (CIJ), ThermalTransfer Over printers (TTO), and laser printers, along with printer inks and consumable items like makeup and cleaning solvents. These solutions enable customers to imprint essential variable information on a wide range of materials, from steel tubes to plastics.
Since 2015, the company has served as the exclusive distributor of Lead Tech (Zhuhai) Electronic Co. Ltd., China, for CIJ Printers and TTO Printers across multiple countries, including India, Sri Lanka, and Nigeria. Additionally, they import other printer types, such as DOD and NIJ, from various foreign suppliers, providing configuration, installation, testing, and trial runs based on customer requirements.
Inks are procured from Fluidtech Corp, a partnership firm of the company’s promoters, Mr. Pulin Vaidhya and Mrs. Amisha Vaidhya. Through a manufacturing and supply agreement dated December 22, 2023, Fluidtech specializes in producing a spectrum of ink colors, including red, black, and UV, tailored for the printers in Aztec Fluids & Machinery’s inventory. Furthermore, they operate a manufacturing facility in Vatva, Ahmedabad, where printer consumable items and inks are produced as per specific requirements.
Aztec Fluids & Machinery IPO Objectives:
The company intend to utilize the proceeds of the net issue to meet the following objects:
- Funding of the proposed acquisition of equity shares of Jet Inks Private Limited
- Repayment of a portion of certain borrowing availed by our Company
- General Corporate Purpose
Aztec Fluids & Machinery IPO Review (Apply or Not)
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Aztec Fluids & Machinery IPO Date & Price Band Details:
| IPO Open: | 10-May-2024 |
| IPO Close: | 14-May-2024 |
| IPO Size: | Approx ₹24.12 Crores, 3,600,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹63 to ₹67 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Aztec Fluids & Machinery IPO Lot Size:
For those looking to invest in the Aztec Fluids & Machinery IPO, please note that the minimum market lot consists of 2000 shares, requiring an application amount of ₹134,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹134,000 |
| Retail Maximum | 1 | 2000 | ₹134,000 |
| S-HNI Minimum | 2 | 4000 | ₹268,000 |
Aztec Fluids & Machinery IPO Timeline:
Save the dates! The Aztec Fluids & Machinery IPO is scheduled to kick off on May 10th and will run through May 14th. Investors can anticipate the IPO allotment results to be announced on May 15th, with a potential listing on May 17th.
| IPO Open Date: | 10-May-2024 |
| IPO Close Date: | 14-May-2024 |
| Basis of Allotment: | 15-May-2024 |
| Refunds: | 16-May-2024 |
| Credit to Demat Account: | 16-May-2024 |
| IPO Listing Date: | 17-May-2024 |
Aztec Fluids & Machinery IPO GMP Today:
As per investorgain.com, the Grey Market Premium (GMP) for Aztec Fluids & Machinery IPO stands at +30, indicating a trading premium of ₹30 per share in the grey market.
With this Grey Market Premium in mind, analysts predict that shares of Aztec Fluids & Machinery could list at ₹97 per share, representing a substantial 44.78% increase over the IPO price of ₹67, considering the top end of the IPO pricing range and the current premium in the grey market.
Aztec Fluids & Machinery Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹34.68 | ₹31.25 | ₹2.46 |
| 2022 | ₹46.43 | ₹42.29 | ₹3.11 |
| 2023 | ₹54.53 | ₹50.22 | ₹3.27 |
| December 2023 | ₹51.82 | ₹45.73 | ₹4.51 |
Aztec Fluids & Machinery IPO Valuation – FY2023
Check Aztec Fluids & Machinery IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹3.27 per Equity Share |
| Price/Earning P/E Ratio: | [.] |
| Return on Net Worth (RoNW): | 21.32% |
| Net Asset Value (NAV): | ₹15.36 per Equity Share |
Peer Group
- Control Print Limited
Company Promoters
- Pulin Kumudchandra Vaidhya
- Amisha Pulin Vaidhya
- Kumudchandra Bhagwandas Vaidya
Aztec Fluids & Machinery IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Aztec Fluids & Machinery IPO Allotment Status
Check Aztec Fluids & Machinery IPO allotment status on Bigshare website URL. Click Here
Aztec Fluids & Machinery IPO Lead Managers aka Merchant Bankers
- Hem Securities Limited
Company Address
Aztec Fluids & Machinery Limited
Part H Plinth,4th Floor,
Takshashila Square, Near Krishnabag Four Rd
Maninagar, Ahmedabad,-380028
Phone: +91-7048333211
Email: cs@aztecfluids.com
Website: http://www.aztecindia.org/
