Aspire & Innovative Advertising Ltd IPO
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Aspire & Innovative Advertising Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 40.68 L | TBA | ₹ 13.54 L | ₹ 109.82 L | NSE | ₹ 21.97 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 26 Mar, 24 | 28 Mar, 24 | 2000 | ₹ 1,02,000 | Book Building - SME | 03 Apr, 24 |
Aspire & Innovative Advertising Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Trading |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 1930000 | 0 |
| NII | 25.96x | 580000 | 15054000 |
| Retail | 16.39x | 1354000 | 22198000 |
| Employee | 0x | 0 | 0 |
| Total | 10.15x | 4068000 | 41288000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Aspire & Innovative Advertising Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 13.00 | 7.49 | 6.51 |
| EBITDA | 13.32 | 7.78 | 6.89 |
| PAT | 9.31 | 5.31 | 4.37 |
| Total Assets | 107.97 | 57.97 | 49.10 |
| Share Capital | 11.11 | 1.11 | 1.11 |
| Total Borrowings | 14.60 | 8.67 | 4.66 |
| Operating Activities (Net Cash) | 9.63 | 5.60 | 4.75 |
| Investing Activities (Net Cash) | 0.24 | 0.29 | 2.09 |
| Financing Activities (Net Cash) | 14.60 | 8.67 | 4.66 |
| Net Cashflow | 12.79 | 5.03 | 8.58 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Aspire & Innovative Advertising Ltd
Aspire & Innovative Advertising Limited was originally incorporated as Aspire & Innovative Advertising Private Limited on July 31, 2017 under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre with CIN U52601DL2017PTC321445. Subsequently, pursuant to Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on December 04, 2023 the Company was converted into a Public Limited Company and consequently the name of the Company was changed from Aspire & Innovative Advertising Private Limited to Aspire & Innovative Advertising Limited vide a fresh certificate of incorporation consequent upon conversion from private company to public company dated December 12, 2023 issued by the Registrar of Companies, Delhi, bearing CIN U52601DL2017PLC321445.
By 2025, India's Consumer Electronics and Appliances Industry is predicted to be the fifth-largest in the world. The Indian Appliances and Consumer Electronics (ACE) market is predicted to nearly double in the next 3 years, reaching approximately US$ 17.93 billion (Rs.1.48 lakh crore) by 2025. Indian appliances and consumer electronics industry stood at US$ 9.84 billion in 2021, and is expected to more than double to reach Rs. 1.48 lakh crore (US$ 21.18 billion) by 2025. Electronics hardware production in the country stood at US$ 87 billion in 2022. India's consumer electronics and home appliances market is set to grow by US$ 2.3 billion between 2022 and 2027, registering a CAGR of 1.31%.
Aspire & Innovative Advertising Limited is 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 many more. In addition to offering third-party brands, the company started selling Stainless Steel Dinner Sets under its own brand name in 2022. Furthermore, in 2023, the company expanded its product range to include pressure cookers, also, branded under its name i.e. Aspire Classico.
Peer Comparison:
- No Listed Industry Peers
Aspire & Innovative Advertising Ltd IPO Key Points
Strengths
- Strong portfolio and diverse range of products across consumer preferences.
- Diversified revenue from multiple locations including rural and semi urban geographies of India.
- Quality Assurance ensuring standardized product quality.
- Network of Warehousing and Transportation Facilities across various geographies.
Risk
- The company is dependent upon third parties for trading and supply of all of the products the company sell, with whom its may not have long term contracts or exclusive supply arrangements. Any delay or failure on the part of such vendors to deliver products, may adversely affect its business, profitability and reputation.
- Its historical performance is not indicative of the company's future growth or financial results and its may not be able to sustain the company's historical growth rates.
- Its future growth is dependent upon the company's ability to identify and maintain new products, technologies and customers that achieve market acceptance with acceptable margins.
Strategy
- Continue to expand Warehousing and Transportation facilities.
- Expand its domestic presence in existing and new markets.
- Enhancing branding, promotional and marketing activities.
- Continue to strengthen its existing product portfolio and diversify into new product lines.
- Strong portfolio and diverse range of products across consumer preferences.
- Diversified revenue from multiple locations including rural and semi urban geographies of India.
- Quality Assurance ensuring standardized product quality.
- Network of Warehousing and Transportation Facilities across various geographies.
How To Apply for Aspire & Innovative Advertising Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.