Aztec Fluids & Machinery IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Aztec Fluids & Machinery IPO. Explore Aztec Fluids & Machinery IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Aztec Fluids & Machinery Limited specializes in the distribution of printing equipment, including Continuous Inkjet (CIJ) Printers, Thermal Transfer Overprinters (TTO) Printers, and associated accessories. Additionally, the company imports other types of printers such as Drop-on-Demand (DOD) and Non-Impact Jet (NIJ) printers from foreign suppliers. With a focus on providing comprehensive solutions, Aztec Fluids & Machinery also offers printer configuration, installation, testing, and trial runs to ensure optimal performance for its customers.
Key Points:
- Exclusive Distributorship: Since 2015, the company has been an exclusive distributor of Lead Tech (Zhuhai) Electronic Co. Ltd., China for CIJ Printers, TTO Printers, and associated equipment in various countries including India, Sri Lanka, Nepal, Bhutan, Bangladesh, Kenya, and Nigeria. This partnership enables Aztec Fluids & Machinery to offer high-quality printing solutions to its customers.
- Ink Procurement and Manufacturing: The company procures inks from Fluidtech Corp, a partnership firm of its promoters, Mr. Pulin Vaidhya and Mrs. Amisha Vaidhya. In addition to procurement, Aztec Fluids & Machinery also manufactures printer consumables such as makeup and cleaning solvents, as well as inks, at its manufacturing setup in Vatva, Ahmedabad. The company owns two registered patents on cartridge design for ink and makeup filling, ensuring product authenticity through embedded PCB chipset identification.
- Infrastructure: Aztec Fluids & Machinery operates from its registered office in Ahmedabad and owns a warehouse in Kheda, Gujarat, primarily for storing imported printers. Recently, the company acquired a significant land parcel in Kheda, Gujarat, strategically located near its existing warehouse. The newly constructed space will be dedicated to printer assembling, configuring, testing, and related activities. Additionally, printer testing and repairing operations are conducted at locations in Maninagar and Vatva, both in Ahmedabad, Gujarat.
Objects of the Issue
- CapitalFunding of the proposed acquisition of equity shares of Jet Inks Private Limited Expenditure towards purchase of Laptops, Desktops, SSD and RAM
- Repayment of a portion of certain borrowing availed by our Company
- General Corporate Purpose
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 10 May - 14 May 2024 |
| IPO Price Band | ₹ 63 - 67 per share |
| Fresh Issue | Upto 36,00,000 Shares |
| Offer For Sale | NIL |
| Total IPO Size | Approx ₹ 24.12 crore |
| Face Value | ₹ 10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 10 May 2024 |
| IPO Closing Date | 14 May 2024 |
| Basis Of Allotment | 15 May 2024 |
| Refunds | 16 May 2024 |
| Demat Transfer | 16 May 2024 |
| IPO Listing Date | 17 May 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| Total Income | 34.68 | 46.43 | 54.53 | 51.82 |
| Total Expenses | 31.25 | 42.29 | 52.22 | 45.73 |
| Net Profit/Loss | 2.46 | 3.11 | 3.27 | 4.51 |
| NPM (*) | 7.27 | 6.81 | 6.03 | 8.85 |
| Total Assets | 21.13 | 27.08 | 30.90 | 42.87 |
| Total Liabilities | 11.54 | 14.69 | 15.54 | 23.01 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| EPS | 2.46 | 3.11 | 3.27 | 4.51 |
| ROE (%) | 29.40 | 28.33 | 23.60 | 25.60 |
| ROCE (%) | 26.51 | 24.86 | 22.07 | 25.38 |
| D/E Ratio | 0.54 | 0.45 | 0.37 | 0.28 |
| Current Ratio | 1.71 | 1.51 | 1.55 | 1.34 |
| EBITDA MARGIN (%) | 10.36 | 8.88 | 8.59 | 11.34 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Aztec Fluids & Machinery Limited | 54.53 | 20.49 | 3.27 | 21.32 | 15.36 |
| Control Print Limited | 308.15 | 29.13 | 32.36 | 17.23 | 180.0 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 107.93 |
| Non-Institutional Investor (NII/HNI) | 341.94 |
| Retail Individual Investor (RII) | 228.43 |
| Total | 218.38 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- Pulin Kumudchandra Vaidhya
- Amisha Pulin Vaidhya
- Kumudchandra Bhagwandas Vaidya
Lead Managers
- HEM SECURITIES LIMITED
Company Address
Aztec Fluids & Machinery Limited
Part H Plinth,4th Floor, Takshashila Square, Near Krishnabag Four Rd, Maninagar, Ahmedabad, Gujarat380028
Phone: +91-7048333211
Email: cs@aztecfluids.com
Website: www.aztecindia.org
FAQs
- What is the issue size of the Aztec Fluids & Machinery SME IPO?The Aztec Fluids & Machinery SME IPO has an issue size of Approx ₹ 24.12 crore. This includes a fresh issue of Upto 36,00,000 Shares and an offer for sale (OFS) of NIL.
- What is the price band of the Aztec Fluids & Machinery IPO?The price band for the Aztec Fluids & Machinery IPO is ₹ 63 - 67 per share.
- What are the bidding dates for the Aztec Fluids & Machinery IPO?The Aztec Fluids & Machinery IPO will open for bidding on 10 May 2024 and close on 14 May 2024.
- What is the allotment date for the Aztec Fluids & Machinery IPO?The allotment date for the Aztec Fluids & Machinery IPO is 15 May 2024.
- What is the listing date for the Aztec Fluids & Machinery IPO?The listing date for the Aztec Fluids & Machinery IPO is 17 May 2024.
- What is the Aztec Fluids & Machinery IPO grey market premium?The grey market premium (GMP) for the Aztec Fluids & Machinery IPO is currently at ₹54, with an expected listing gain of approximately 80.6%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.