AEROFLEX INDUSTRIES LIMITED

AEROFLEX INDUSTRIES LIMITED - IPO DETAILS 

Company Overview 

Established in 1993, Aeroflex Industries Limited designs and produces environmentally friendly metallic flexible solutions for fluid transportation for both international and domestic markets. Their products are distributed to over 80 countries, including Europe and the USA. They serve a wide array of industries, ensuring the regulated movement of various substances such as air, liquids, and solids. As of January 31, 2023, their product portfolio contains more than 1,700 unique Stock Keeping Units (SKUs).  

Aeroflex Industries offers an extensive range of products, including braided and unbraided hoses, solar hoses, gas and vacuum hoses, as well as items like braiding, interlock hoses, and different types of hose assemblies. They also provide specialized components like lancing hose assemblies, jacketed hose assemblies, exhaust connectors, exhaust gas recirculation (EGR) tubes, expansion bellows, compensators, and associated fittings. 

The company's manufacturing facility, situated in Taloja, Navi Mumbai, Maharashtra, covers an expansive area of 359,528 square feet. This facility is equipped with an in-house Design and Research & Development laboratory, a product testing unit, dedicated spaces for storing finished products, and separate areas for raw materials, spare parts, and consumables. 

Objective of the IPO 

Here are a few quick reasons why Aeroflex Industries Limited going public:  

1. Complete or partial repayment and/or prepayment of specific outstanding secured borrowings (inclusive of any foreclosure charges), 

2. Allocation of funds for the company's operational capital needs. 

3. Support for general corporate objectives, and Potential consideration of unclassified inorganic acquisitions. 

Company Financials 

Key Performance Indicator 

Pros 

1. The company is a provider of flexible flow solutions operating within a target market, serving a wide range of industry sectors. 

2. The company exports its products to more than 80 countries. 

3. High entry and exit barriers. 

4. Well-positioned in the industry with a diverse customer base. 

5. Primary Manufacturer of flexible flow solutions with no listed peers. 

6. It has an advanced manufacturing facility and R&D infrastructure 

Cons 

1. Can be impacted by higher important duties and foreign regulations. 

2. Higher working capital requirements. 

3. No long-term contracts with customers or suppliers and a high reliance on China for raw materials. 

4. Negative cash flow in the past which can repeat. 

5. The company has been listed as a wilful defaulter in the past.

How to Apply for this IPO 

1. Go to https://ipo.adityatrading.in/ 

2. Enter your Client ID 

3. Enter the OTP received in your registered mobile number. 

4. Choose the IPO and click on apply button. 

5. Enter the UPI ID, Quantity, and Cut off the price. 

6. Click on submit button 

7. Confirm the mandate request received on your phone by entering the UPI Pin. 

You can also watch our youtube video on “How to Apply on IPO” by clicking on the link “https://www.youtube.com/watch?v=1qOI8dCpl1I&ab_channel=ATS”