Aeron Composite Ltd's Rs. 56.10 crore IPO receives overwhelming response, subscribed over 41 times; listing on September 4

New Delhi [India], September 2: The initial public offering of Ahmedabad based Aeron Composite Ltd, engaged in manufacturing and supply of fibre glass reinforced polymer products received overwhelming response for its Rs. 56.10 crore SME IPO and got subscribed over 41 times. Non-institutional investor category received the highest interest among investors and was subscribed over 75 times. Retail segment was subscribed over 33.7 times and Qualified Investor segment was subscribed over 27.8 times. Public issue of the company closed for subscription on 30 August, 2024. Company's shares will be listed on the NSE EMERGE Platform of National Stock Exchange on September 4, 2024.