The company exports Make-in-India metallic flexible flow solutions to over 85 countries. Exports contribute more than 80% to the total revenues. The IPO, with a face value of Rs 2 per equity share, comprises a fresh issue of equity shares worth up to Rs 160 crore and an offer-for-sale of up to 17.5 million equity shares by the promoting shareholders.
Ashish Kacholia-backed Aeroflex Industries IPO to open on August 21. check details
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