SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Aeroflex Industries gets SEBI’s go-ahead to raise funds via IPO

04 Aug 2023 Evaluate

Aeroflex Industries has received the Securities and Exchange Board of India’s (SEBI) approval to float an initial public offering (IPO). The initial public offering (IPO) consists of a fresh issue of equity shares worth up to Rs 160 crore and an offer-for-sale (OFS) of up to 1.75 crore equity shares by promoter entities -- Sat Industries and Italica Global FZC.

Proceeds from the fresh issue will be utilised to the extent of Rs 35 crore for the payment of debt, Rs 84 crore for funding its working capital requirements, and a certain amount will be used for general corporate purposes and acquisitions. Pantomath Capital Advisors is the sole book-running lead manager to the issue. The company's equity shares are proposed to be listed on the BSE and NSE.

Aeroflex is a manufacturer and supplier of metallic flexible flow solution products, catering to global markets. It exports its products to more than 80 countries including Europe, the US & others and generates 80 per cent of its revenue from exports.


Aeroflex Industries Share Price

286.00 -15.00 (-4.98%)
21-Apr-2026 13:11 View Price Chart
Peers
Company Name CMP
Tata Steel 211.90
JSW Steel 1279.70
SAIL 175.00
Jindal Stainless 792.00
APL Apollo Tubes 2100.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×