Aeron Composite fixes price band at Rs 121-125/share for Rs 56-cr IPO; issue opens on Aug 28

Aeron Composite Ltd has set the price for its SME IPO between Rs 121-125 per share, with subscriptions open from August 28 to 30. The IPO, targeting up to Rs 56.10 crore, will fund a new manufacturing unit in Gujarat and other corporate needs. It is listed on NSE Emerge. Hem Securities Ltd manages the issue.