Aztec Fluids and Machinery Limited provides a quality-assured assortment of Printers, Printer consumables, and Printer Spares to a diverse range of industries, including personal care, food and beverages, pharmaceuticals, construction materials, cables, wires, and pipes, metals, automotive and electronics, agrochemicals, and chemicals and petrochemicals.
The company’s range of products includes various types of printers, namely continuous inkjet printers (CIJ), Thermal Transfer Over printers (TTO), Drop on demand printers (DOD), NIJ printers (i.e. piezoelectric printers), and laser printers. Additionally, the company offers printer inks and consumable items such as makeup and cleaning solvents.
The company exports its products to countries such as Sri Lanka, Nepal, Bhutan, Bangladesh, Kenya and Nigeria.
The company has its registered office in Ahmedabad and a warehouse in Kheda, Gujarat for storing imported printers.
As of December 31, 2023, The company had a team of 28 employees dedicated to sales and marketing, and 51 employees dedicated to after-sales service and support at client locations.
Aztec Fluids & Machinery IPO – Details
| IPO Opening Date | 10 May 2024 |
| IPO Closing Date | 14 May 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 36,00,000 Shares Worth ₹24.12 Crore Fresh Issue: 36,00,000 Shares Worth ₹24.12 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹63 – ₹67 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Aztec Fluids & Machinery IPO – Date Schedule
| IPO Open Date | 10 May 2024 |
| IPO Close Date | 14 May 2024 |
| Basis of Allotment | 15 May 2024 |
| Initiation of Refund | 16 May 2024 |
| Credit of Shares to Demat Account | 16 May 2024 |
| IPO Listing Date | 17 May 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 14, 2024 |
Aztec Fluids & Machinery IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 2000 | ₹1,34,000 |
| Retail (Maximum) | 1 | 2000 | ₹1,34,000 |
| HNI (Minimum) | 2 | 4000 | ₹2,68,000 |
Competitive Strengths
- Well diversified customer base spread across various industries and geography;
- Varied product range appealing to a diverse customer base;
- Long standing relationship with their customers;
- Experienced Promoters with strong management team having domain knowledge;
Company Promoters
- Pulin Kumudchandra Vaidhya
- Amisha Pulin Vaidhya
- Kumudchandra Bhagwandas Vaidya
Object Of The Issue
- Funding of the proposed acquisition of equity shares of Jet Inks Private Limited.
- Repayment of a portion of certain borrowing availed by our Company.
- General Corporate Purpose.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 34.67 | 31.25 | 2.46 | 5.14 |
| 31 March 2022 | 46.42 | 42.28 | 3.11 | 5.52 |
| 31 March 2023 | 54.52 | 50.22 | 3.27 | 5.62 |
| 31 December 2023 | 51.82 | 45.72 | 4.50 | 5.65 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 25.60% |
| ROCE | 25.38% |
| Debt/Equity | 0.28 |
| RoNW | 22.69% |
| P/BV | 3.37 |
| PAT Margin (%) | 8.85 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 3.27 | 4.42 |
| P/E (x) | 20.47 | 15.16 |
Aztec Fluids & Machinery IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | – |
Aztec Fluids & Machinery IPO Prospectus
Company Contact Information
| Aztec Fluids & Machinery Limited Part H Plinth,4th Floor, Takshashila Square, Near Krishnabag Four Rd Maninagar, Ahmedabad,-380028 Phone: +91-7048333211 Email: cs@aztecfluids.com Website: http://www.aztecindia.org/ |
Aztec Fluids & Machinery IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Aztec Fluids & Machinery IPO Lead Manager(s)
| 1. Hem Securities Limited |
Aztec Fluids & Machinery IPO FAQs
| What is Aztec Fluids & Machinery IPO? Aztec Fluids & Machinery IPO is a SME IPO. The issue is priced at ₹63 – ₹67 per equity share. The IPO is to be listed on BSE SME. |
| When Aztec Fluids & Machinery IPO will open? The IPO is to open on 10 May 2024 for QIB – 50%, NII – 15% and Retails – 35% Investors. |
| How to Aztec Fluids & Machinery IPO? You can apply for Aztec Fluids & Machinery IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Aztec Fluids & Machinery IPO through 5 Paisa? Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Aztec Fluids & Machinery”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa. |
| How to Apply the Aztec Fluids & Machinery IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Aztec Fluids & Machinery”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Aztec Fluids & Machinery IPO Size? Aztec Fluids & Machinery IPO size is ₹24.12 crores. |
| What is Aztec Fluids & Machinery IPO Price Band? Aztec Fluids & Machinery IPO Price Band is ₹63 – ₹67. |
| What is Aztec Fluids & Machinery IPO Minimum and Maximum Lot Size? The minimum bid is 2000 Shares with ₹1,34,000 amount while the maximum bid is 2000 shares with ₹1,34,000. |
| What is the Aztec Fluids & Machinery IPO Allotment Date? Aztec Fluids & Machinery IPO allotment date is 15 May 2024. |
| What is the Aztec Fluids & Machinery IPO Listing Date? Aztec Fluids & Machinery IPO listing date is 17 May 2024. The IPO is to list on BSE SME. |
