31 Mar 2021
Assets34.92
Total Income108.33
Profit After Tax2.28
NET Worth5.21
Reserves and Surplus5.20
Total Borrowing0.56
At a glance
Updated 2026-09-15The shares listed at ₹56.50, a 4.63% move from the issue price. Aspire & Innovative is a SME IPO with an issue size of ₹21.97 crore, proposed for listing on NSE SME. The offer opens on 26th Mar 2024 and closes on 28th Mar 2024. The issue structure includes a fresh issue of ₹20.87 crore. The current listing schedule points to 3rd Apr 2024.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹21.97 Cr
Fresh issue₹20.87 Cr
Face value₹10
Price band₹51.00–₹54.00
Allotment1st Apr 2024
Listing3rd Apr 2024
Listing performance
Full performance ↗Issue price₹54.00
Listing price₹56.50
Current price—
Listing gain4.63%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹4.00
GMP / upper price7.41%
Est. listing₹58.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens26th Mar 2024
Closes28th Mar 2024
Allotment1st Apr 2024
Refund2nd Apr 2024
Demat2nd Apr 2024
Listing3rd Apr 2024
Subscription demand
Full bidding ↗Total15.17×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | ₹108,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| To meet Working Capital requirements | ₹9.00 Cr |
| To finance the cost of establishing new warehouses | ₹4.95 Cr |
| General Corporate Purpose | ₹5.47 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue177.10₹ Cr · -48.8% vs prior year
PAT3.93₹ Cr · -26.0% vs prior year
Assets81.36₹ Cr · +30.0% vs prior year
Net Worth19.45₹ Cr · +25.4% vs prior year
Borrowing11.61₹ Cr · +31.6% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets53.28
Total Income255.58
Profit After Tax4.37
NET Worth10.20
Reserves and Surplus9.09
Total Borrowing1.11
31 Mar 2023
Assets62.57
Total Income346.20
Profit After Tax5.31
NET Worth15.51
Reserves and Surplus14.40
Total Borrowing8.82
30 Sep 2023
Assets81.36
Total Income177.10
Profit After Tax3.93
NET Worth19.45
Reserves and Surplus8.34
Total Borrowing11.61
KPIs
| KPI | Sep 30, 2023 |
|---|---|
| ROE | 22.50% |
| ROCE | 18.59% |
| Debt / Equity | 0.60% |
| RoNW | 20.22% |
| PAT Margin | 2.23% |
| Price to Book Value | 3.09 |
Valuation & shareholding
Pre-IPO EPS4.78
Post-IPO EPS5.18
Pre-IPO P/E11.3
Post-IPO P/E10.42
Promoter holding pre98.84%
Promoter holding post72.35%
Market cap₹81.96 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Aspire & Innovative Advertising IPO | — | 10.42 x | — | — |
| Skytech Infinite IPO | — | 18.00 x | — | — |
| Advance Technoforge IPO | — | 21.16 x | — | — |
| Susan Electricals IPO | — | 14.15 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead Manger fees | ₹0.30 Cr |
| Fees Payable to Registrar to the Issue | ₹0.01 Cr |
| Fees Payable for Advertising and Publishing Expenses | ₹0.05 Cr |
| Fees Payable to Regulators including Stock Exchanges | ₹0.12 Cr |
| Payment for Printing & Stationery, Postage, etc. | ₹0.02 Cr |
| Fees Payable to Auditor, Legal Advisors and other Professionals | ₹0.14 Cr |
| Others, if any (Commission/processing fee for SCSBs, Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, depositories, secretarial, advisors, consultancy, peer review auditors, Processing Fees, Underwriting fees and Miscellaneous Expenses) | ₹1.91 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Hem Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-15.
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