.The IPO is actually entirely a fresh problem of 44.88 lakh equity shares of face value Rs 10 each.2 minutes went through Last Upgraded: Aug 24 2024|4:10 PM IST.Aeron Compound Ltd on Saturday said it has actually corrected the rate band at Rs 121-125 per reveal for its SME going public which will open up for registration on August 28.The provider considers to elevate approximately Rs 56.10 crore from its SME public concern, Aeron Composite said in a claim.The firm has actually received commendation to introduce its social problem on NSE Emerge Platform of the National Stock Exchange, it included.The general public problem will definitely end on August 30. Investors can easily purpose a lowest of 1,000 reveals as well as in multiples thereof.The IPO is actually totally a clean issue of 44.88 lakh equity shares of face value Rs 10 each.Retail capitalist quota for the going public (IPO) is maintained certainly not less than 35 per cent of the internet deal, Non institutional client percentage is actually maintained not lower than 15 per cent of the offer and QIB section is actually kept at not greater than 50 percent of the offer.The provider has actually suggested to use IPO earnings for cashing the capital investment demands towards setting up of an additional manufacturing system at Mehsana, Gujarat as well as general business functions.The firm stated profits of Rs 179.1 crore for FY 2023-24 (till February 2024) and also net earnings stood at Rs 9.42 crore during the time period.Aeron Composite Ltd is taken part in business of production and also supplying of Fiberglass Reinforced Plastic Products i.e. FRP products including, FRP Pultruded Products, FRP Moulded Gratings & FRP Rods modified for various commercial functions.It exports items to more than 30 nations.Piping Securities Ltd is the single book operating top manager, while Maashitla Stocks Pvt Ltd is the registrar for the problem.( Simply the title and photo of this record may have been reworked by the Organization Criterion staff the remainder of the material is auto-generated from a syndicated feed.) Very First Released: Aug 24 2024|4:10 PM IST.