AA Plus Tradelink IPO will open for subscription from 08 July 2021. the company aims for an issue size of ₹6.48 Crore through this fixed price issue IPO.
Also read: IPO List 2021: a complete list of IPOs in 2021
AA Plus Tradelink Limited
Incorporated in 2016, AA Plus Tradelink Limited is engaged in the trading of products made of iron & steel, aluminium, graphite, and other alloy products. It offers a diversified range of products such as aluminium bars, Aluminium Scrap, Aluminium Powder, G I pipes, Graphite Flakes, Graphite Powder, Graphite Rods, Blocks and Plates, Graphite Square and Round, M S Pipe, M S Sheet, Nickel Powder, Zirconium Alloy, etc to clients in construction and manufacturing sector. It further supplies Epoxy Floor coatings, PU Floor Coating, Epoxy Primer, and Epoxy Heat Resistance Coating.
Objects of the Issue
- Augmenting additional working capital requirements.
- To meet general corporate purposes.
Competitive strengths
- Diversified product portfolio.
- High-quality products.
IPO Tentative Timetable
| IPO Open Date | 08 July 2021 |
| IPO Close Date | 13 July 2021 |
| Basis of Allotment Date | 16 July 2021 |
| Initiation of Refunds | 19 July 2021 |
| Credit of Shares to Demat Account | 19 July 2021 |
| IPO Listing Date | 21 July 2021 |
IPO Details
| IPO Opening Date | Jul 8, 2021 |
| IPO Closing Date | Jul 13, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹18 per equity share |
| Market Lot | 8000 Shares |
| Min Order Quantity | 8000 Shares |
| Minimum application amount | ₹144,000 |
| Listing At | BSE SME |
| Issue Size | 3,600,000 Eq Shares of ₹10 (aggregating up to ₹6.48 Cr) |
AA Plus Tradelink IPO Promoter Holding
| Pre Issue Share Holding | 58.63% |
| Post Issue Share Holding | 32.78% |
Company Financials
| Particulars | For the year/period ended (₹ in lakhs) | ||
|---|---|---|---|
| 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 1,020.24 | 964.00 | 1,159.24 |
| Total Revenue | 1,731.76 | 519.82 | 2,204.01 |
| Profit After Tax | 14.21 | 10.15 | 5.58 |
Company Promoters
- Ashok A. Shah
- Rajkumar M. Singh
IPO Lead Manager
- Inventure Merchant Banker Services Pvt Ltd
AA Plus Tradelink IPO Registrar
Purva Sharegistry India Pvt Ltd
9, Shiv Shakti Industrial Estate,
JR Borica Marg,
Lower Parel (East), Mumbai – 400 011
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: http://www.purvashare.com
Company Contact Information
AA Plus Tradelink Limited
B-702, Divine Jalpa, Gomati Bhuvan, Near Jain Temple
Jambli Gali, Borivali (West), Mumbai – 400092,
Phone: +91 22 2898 0308
Email: contact@aaplustradelink.com
Website: http://www.aaplustradelink.com/
Final thoughts
AA Plus Tradelink IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make a wise decision.
Happy Investing