Aspire & Innovative Advertising Ltd. IPO

Q: What is the minimum investment and lot size required for the Aspire & Innovative Advertising Ltd. IPO?

The minimum investment required is &#8377;1,08,000 and minimum lot size is 2000 shares.

Aspire & Innovative Advertising Ltd., established in 2017, operates in the Advertising & Media Agency sector. The company's IPO opened on March 26, 2024 and closed on March 28, 2024, with an issue ... Read more

Min Investment

₹ 1,08,000 / 2000 shares

Price Range

₹51 - ₹ 54

Bidding Dates

26 Mar '24 - 28 Mar '24

Total Issue Value

21.97 Cr

Lot Size

2,000

Total Issue Size

21.97 Cr

Listing At

NSE SME

Subscription

14.03 times

NSE Price

41.00 (-24.07%)

IPO Timeline

26 Mar 2024

Bidding Starts
28 Mar 2024

Bidding Ends
1 Apr 2024

Allotment Finalization
3 Apr 2024

Listing

About Aspire & Innovative Advertising Ltd.

We are engaged in the business of trading of wide range of consumer durables like kitchen appliances, home appliances, white goods, mobile phones and its accessories, solar products etc. of multiple renowned brands such as Bajaj, Prestige, Vivo, Samsung, Crompton, Whirlpool, Hindware, Havells and ... Read more

Parent organisation

Founded

Aspire & Innovative Advertising Ltd.

2017

Aspire & Innovative Advertising Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	11,58,000 (28.47%)
Market Makers	2,04,000 (5.01%)
Non Institutional Investors	5,80,000 (14.26%)
Qualified Institutional Buyers (QIBs)	7,72,000 (18.98%)
Retail Individual Investors (RIIs)	13,54,000 (33.28%)

Aspire & Innovative Advertising Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2024	385.08 Cr	9.31 Cr	13.71 Cr
31 Mar 2023	346.20 Cr	5.31 Cr	14.40 Cr
31 Mar 2022	255.58 Cr	4.37 Cr	9.09 Cr

Aspire & Innovative Advertising Ltd. IPO Listing Details

Listing Date

3 Apr 2024

NSE Symbol

ASPIREINNO

ISIN

INE0S7801010

Final Issue Price

₹ 54

Aspire & Innovative Advertising Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	-	₹ 54.00
Open	-	₹ 56.50
Low	-	₹ 56.25
High	-	₹ 59.30
Last Trade	-	₹ 59.30

Aspire & Innovative Advertising Ltd. Contact Details

Address: C-4 Baldev Park, Shahdara, East Delhi, Delhi Delhi - 110051
Phone no:8527932666

Email: [email protected]

8527932666

Visit Website

Aspire & Innovative Advertising Ltd. IPO Registrar

Bigshare Services Private Limited.

S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093

62638200

Aspire & Innovative Advertising Ltd. IPO Lead Manager(s)

Hem Securities Ltd

No.904, Naman Midtown-Wing A, 9th Floor, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai Maharashtra - 400013

49060000

FAQs

When does Aspire & Innovative Advertising Ltd. IPO opens and closes?

Aspire & Innovative Advertising Ltd. IPO opens from 26th March to 28th March 2024.

What is the size of Aspire & Innovative Advertising Ltd. IPO?

The size of the Aspire & Innovative Advertising Ltd. IPO is ₹21.97 Cr.

What is the price range of Aspire & Innovative Advertising Ltd. IPO?

The price range of Aspire & Innovative Advertising Ltd. IPO is at ₹51 to ₹54 per share.

What is the minimum investment and lot size required for the Aspire & Innovative Advertising Ltd. IPO?

The minimum investment required is ₹1,08,000 and minimum lot size is 2000 shares.

When is Aspire & Innovative Advertising Ltd. IPO listing date?

The Aspire & Innovative Advertising Ltd. IPO will be listed on 3rd April 2024.

Who are the book runners for Aspire & Innovative Advertising Ltd. IPO?

Hem Securities Ltd is the book-running lead manager for Aspire & Innovative Advertising Ltd. IPO.

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