Aztec Fluids IPO Details ( Aztec Fluids & Machinery Limited IPO Review )
(10 May 2024 – 14 May 2024)
Established in April 2010, Aztec Fluids & Machinery Limited specializes in providing reliable printers, printer consumables, and printer parts to a wide range of industries. These include personal care, food and beverages, pharmaceuticals, construction materials, cables, wires, pipes, metals, automotive and electronics, agrochemicals, and chemicals and petrochemicals.
We offer various types of printers to meet different needs, including continuous inkjet printers (CIJ), Thermal Transfer Over printers (TTO), Drop on demand printers (DOD), NIJ printers (also known as piezoelectric printers), and laser printers. Alongside printers, we also supply essential consumables like printer inks, makeup, and cleaning solvents.
Our products reach customers in several countries, including Sri Lanka, Nepal, Bhutan, Bangladesh, Kenya, and Nigeria.
Our headquarters are in Ahmedabad, with a warehouse in Kheda, Gujarat, where we store imported printers.
As of December 31, 2023, our dedicated team comprised 28 employees focused on sales and marketing, along with 51 employees providing after-sales service and support at client locations.
Aztec Fluids & Machinery Limited Company Product
- Printers
- Continuous Inkjet Printer
- Tto
- Laser Printer
- Fluids
- Consumables
- Spares
- Turnkey Solutions
- Product Sample Showcase
Aztec Fluids & Machinery Limited IPO Competitive Strength
- Well diversified customer base spread across various industries and geography
- Varied product range appealing to a diverse customer base
- Long standing relationship with our customers
- Experienced Promoters with strong management team having domain knowledge
Aztec Fluids IPO Financials Performance ( Results )
Aztec Fluids & Machinery Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 2,112.81 | 3,467.75 | 246.28 | 958.92 | 957.92 | 514.34 |
| 31-Mar-22 | 2,707.75 | 4,642.56 | 311.25 | 1,238.56 | 1,237.56 | 552.40 |
| 31-Mar-23 | 3,090.06 | 5,452.97 | 327.38 | 1,535.60 | 1,335.60 | 562.31 |
| 31-Dec-23 | 4,287.00 | 5,182.38 | 450.74 | 1,986.34 | 986.34 | 565.95 |
Objective of Aztec Fluids IPO Issue
- 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 IPO Basic Details
| IPO Date | May 10, 2024 to May 14, 2024 |
| Listing Date | Friday, May 17, 2024 |
| Face Value | ₹10 per share |
| Price | ₹63 to ₹67 per share |
| Lot Size | 2000 Shares |
| Issue Size | 3,600,000 shares of ₹10 (aggregating up to ₹24.12 Cr) |
| Fresh Issue | 3,600,000 shares of ₹10 (aggregating up to ₹24.12 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 10,000,000 |
| Share holding post issue | 13,600,000 |
| Company Promoters | Pulin Kumudchandra Vaidhya, Amisha Pulin Vaidhya and Kumudchandra Bhagwandas Vaidya |
Aztec Fluids IPO Reservation
| Anchor Investor Shares Offered | 28.39% of the Net Issue |
| Market Maker Shares Offered | 5.06% of the Net Issue |
| QIB Shares Offered | 19.00% of the Net Issue |
| NII (HNI) Shares Offered | 14.28% of the Net Issue |
| Retail Shares Offered | 33.28% of the Net Issue |
| Total Shares Offered | 100.00% of the Net Issue |
Aztec Fluids & Machinery IPO Timetable
Aztec Fluids & Machinery IPO will open on May 10, 2024 and close on May 14, 2024. You can join Aztec Fluids & Machinery IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 10 May 2024 (Friday) |
| Closing Date | 14 May 2024 (Tuesday) |
| Basis of Allotment | 15 May 2024 (Wednesday) |
| Initiation of Refunds | 16 May 2024 (Thursday) |
| Credit of Shares to Demat | 16 May 2024 (Thursday) |
| Listing Date | 17 May 2024 (Friday) |
| Deadline for UPI mandate confirmation | 5 PM on 14 May 2024 |
Aztec Fluids IPO Lot Size
For retail investors in Aztec Fluids IPO, 2000 shares will come in 1 lot or the minimum investment will be ₹134,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹134,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 2000 | ₹134,000 |
| Retail (Max) | 1 | 2000 | ₹134,000 |
| S-HNI (Min) | 2 | 4000 | ₹268,000 |
Aztec Fluids IPO Promoter Holding
The company’s promoters include Pulin Kumudchandra Vaidhya, Amisha Pulin Vaidhya and Kumudchandra Bhagwandas Vaidya.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding |
Aztec Fluids & Machinery Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 91.12 |
| Earning Per Share (EPS) | ₹3.27 per Equity Share |
| Net Asset Value (NAV) | ₹15.36 per Equity Share |
| P/E Ratio (P/E) (x) | 20.47 |
| Post P/E Ratio (P/E) (x) | 15.16 |
| Return on Net Worth (RoNW) (%) | 22.69 |
| Return on equity (ROE) (%) | 25.60 |
| Return on Capital Employed (ROCE) (%) | 25.38 |
| Debt/Equity Ratio | 0.28 |
| Price/Book Value Ratio | 3.37 |
Aztec Fluids IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹30 | – | – |
| 12 May 2024 | ₹30 | – | – |
Aztec Fluids IPO Detail Video:
link
Aztec Fluids IPO Subscription Status (Bidding Detail)
The Aztec Fluids IPO on May 14, 2024 at 7:02:04 PM was subscribed 218.38 times, with the retail category being subscribed 228.43 times, the NII (Non-Institutional Investor) category being subscribed 341.94 times, QIB (Qualified-Institutional Buyers) category being subscribed 107.93 times.
| Category | Subscription |
| QIB | 107.93x |
| NII | 341.94x |
| Retail | 228.43x |
| Total | 218.38x |
Aztec Fluids IPO Prospectus
| Aztec Fluids IPO DRHP | Download |
| Aztec Fluids IPO RHP | Download |
| Aztec Fluids IPO Anchor Investors Details PDF | Download |
Aztec Fluids IPO Rating
| Our Rating | 3.0/5.0 |
Aztec Fluids Company Contact Information
Aztec Fluids & Machinery Limited
Registered Office: Part H Plinth,4th Floor, Takshashila Square, Near Krishnabag Four Rd, Maninagar, Ahmedabad, Gujarat-380028.
Contact Person: Rekha Vishal Jhanwar, Company Secretary & Compliance Officer
Tel No: +91-7048333211
E-mail: cs@aztecfluids.com
Website: www.aztecindia.org
Promoters of our Company: Pulin Kumudchandra Vaidhya, Amisha Pulin Vaidhya and Kumudchandra Bhagwandas Vaidya
Aztec Fluids IPO Registrar
Bigshare Services Private Limited
Address: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.
Tel No.: +91 22 6263 8200
Facsimile: +91 22 6263 8299
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Babu Rapheal C
SEBI Registration Number: INR000001385
Aztec Fluids IPO Lead Manager
Hem Securities Limited
Address: 904, A Wing, Naman Midtown, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai-400013, India
Tel. No.: +91- 022- 49060000
Fax No.: +91- 022- 22625991
Email: ib@hemsecurities.com
Investor Grievance Email: redressal@hemsecurities.com
Website: www.hemsecurities.com
Contact Person: Neelkanth Agarwal
SEBI Registration Number. INM000010981
Aztec Fluids IPO FAQs
What is the lot size of Aztec Fluids IPO?
The total size of Aztec Fluids IPO is ₹24.12 crores and this is a complete fresh Issue.
When will Aztec Fluids IPO start?
Aztec Fluids IPO will open from 10 May 2024 and IPO will close on 14 May 2024.
What is the open date of Aztec Fluids IPO?
Aztec Fluids IPO will open date from 10 May 2024.
What is the last date ( close date ) of Aztec Fluids IPO?
Aztec Fluids IPO will close from 14 May 2024.
What is the price band of Aztec Fluids IPO?
Aztec Fluids IPO price band is ₹63 to ₹67. ( Upper Price Band: ₹67, Lower Price Band: ₹63 )
What is the minimum amount required to apply for Aztec Fluids IPO?
The minimum investment for retailers to apply for Aztec Fluids IPO is ₹134,000 and the maximum investment is ₹134,000.
What is going on gray market premium of Aztec Fluids IPO?
View gray market premium of Aztec Fluids IPO by Clicking Here
How much is the GMP of Aztec Fluids IPO?
Watch Aztec Fluids IPO GMP Today: Click Here
What is the allotment date of Aztec Fluids IPO?
The allotment date of Aztec Fluids IPO is 15 May 2024.
How to check allotment status in Aztec Fluids IPO?
To check the allotment status of Aztec Fluids IPO, first of all go to the registrar website by clicking here, select your bad Aztec Fluids IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Aztec Fluids IPO?
The listing date of Aztec Fluids IPO is 17 May 2024.
How much will be the listing gain in Aztec Fluids IPO?
View listing gain of Aztec Fluids IPO by Clicking Here
How much time Aztec Fluids IPO is subscribed?
Total 218.38 times subscribed in Aztec Fluids IPO out of which 228.43 times subscription was done in retail quota, 341.94 times subscription in NII quota and 107.93 times subscription in QIB quota.
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