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AA Plus Tradelink Limited IPO (AA Plus Tradelink IPO) Detail

July 8, 2021 - July 13, 2021

AA Plus Tradelink IPO is a fixed price issue of Rs 6.48 crores.

AA Plus Tradelink IPO bidding started from July 8, 2021 and ended on July 13, 2021. The allotment for AA Plus Tradelink IPO was finalized on Friday, July 16, 2021. The shares got listed on BSE SME on July 22, 2021.

AA Plus Tradelink IPO price is ₹18 per share. The minimum lot size for an application is 8000 Shares. The minimum amount of investment required by retail investors is ₹144,000.

Inventure Merchant Banker Services Pvt Ltd is the book running lead manager of the AA Plus Tradelink IPO, while Purva Sharegistry India Pvt Ltd is the registrar for the issue.

Refer to AA Plus Tradelink IPO RHP for detailed information.

AA Plus Tradelink IPO Details

IPO Date July 8, 2021 to July 13, 2021
Listing Date July 22, 2021
Face Value ₹10 per share
Price ₹18 per share
Lot Size 8000 Shares
Total Issue Size3,600,000 shares
(aggregating up to ₹6.48 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue4,564,800
Share holding post issue8,164,800
Market Maker portion192,000 shares

AA Plus Tradelink IPO Reservation

AA Plus Tradelink IPO offers 3,600,000 shares. 1,704,000 (47.33%) to NII, 1,704,000 (47.33%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered192,000 (5.33%)
Other Shares Offered1,704,000 (47.33%)
Retail Shares Offered1,704,000 (47.33%)
Total Shares Offered3,600,000 (100%)

AA Plus Tradelink IPO Timeline (Tentative Schedule)

AA Plus Tradelink IPO opens on July 8, 2021, and closes on July 13, 2021.

IPO Open Date Thursday, July 8, 2021
IPO Close Date Tuesday, July 13, 2021
Basis of Allotment Friday, July 16, 2021
Initiation of Refunds Monday, July 19, 2021
Credit of Shares to Demat Monday, July 19, 2021
Listing Date Thursday, July 22, 2021
Cut-off time for UPI mandate confirmation 5 PM on July 13, 2021

AA Plus Tradelink IPO Lot Size

Investors can bid for a minimum of 8000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 8000 ₹144,000
Retail (Max) 1 8000 ₹144,000
Lot Size Calculator

AA Plus Tradelink IPO Promoter Holding

Ashok A. Shah and Rajkumar M. Singh are the company promoters.

Share Holding Pre Issue 58.63%
Share Holding Post Issue 32.78%

About AA Plus Tradelink Limited

Incorporated in 2016, AA Plus Tradelink Limited is engaged in the trading of products made of iron & steel, aluminium, graphite, and other alloy products. It offers a diversified range of products such as aluminium bars, Aluminium Scrap, Aluminium Powder, G I pipes, Graphite Flakes, Graphite Powder, Graphite Rods, Blocks and Plates, Graphite Square and Round, M S Pipe, M S Sheet, Nickel Powder, Zirconium Alloy, etc to clients in construction and manufacturing sector.

It further supplies Epoxy Floor coatings, PU Floor Coating, Epoxy Primer, and Epoxy Heat Resistance Coating.

Competitive strengths

  • Diversified product portfolio.
  • High-quality products.

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakhs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 1,020.24 964.00 1,159.24
Total Revenue 1,731.76 519.82 2,204.01
Profit After Tax 14.21 10.15 5.58

Objects of the Issue (AA Plus Tradelink IPO Objectives)

  • Augmenting addition working capital requirements.
  • To meet general corporate purposes.

AA Plus Tradelink IPO Review (Avoid)

[Dilip Davda]  The company is engaged in the trading of metal and alloys which is highly fragmented and has stiff competition. Based on its financial track record, the issue appears exorbitantly priced. Hence there is no harm in skipping this issue. Read detail review...


AA Plus Tradelink IPO Subscription Status (Bidding Detail)

The AA Plus Tradelink IPO is subscribed 1.46 times on July 13, 2021 5:00:00 PM. The public issue subscribed 2.61 times in the retail category, 0.00 times in the QIB category, and 0.32 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other0.32
Retail2.61
Total1.46

AA Plus Tradelink IPO Prospectus

AA Plus Tradelink IPO Rating

82
3.2
Rating:Rated 3.2 stars
Vote Here ...

AA Plus Tradelink IPO Listing Details

Listing Date July 22, 2021
BSE Script Code 543319
NSE Symbol
ISIN INE0C5901014
Final Issue Price ₹18 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹18.00
₹17.50
₹17.50
₹17.50
₹17.50

Check IPO Performance…

AA Plus Tradelink Limited Contact Details

AA Plus Tradelink Limited
B-702,Divine Jalpa,Gomati Bhuvan, Near Jain Temple
Jambli Gali, Borivali (West), Mumbai - 400092,

Phone: +91 22 2898 0308
Email: contact@aaplustradelink.com
Website: http://www.aaplustradelink.com/

AA Plus Tradelink IPO Registrar

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: https://www.purvashare.com/investor-service/ipo-query

AA Plus Tradelink IPO - Buy or Not

AA Plus Tradelink IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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AA Plus Tradelink IPO FAQs

AA Plus Tradelink IPO is a SME IPO of 3,600,000 equity shares of the face value of ₹10 aggregating up to ₹6.48 Crores. The issue is priced at ₹18 per share. The minimum order quantity is 8000 Shares.

The IPO opens on July 8, 2021, and closes on July 13, 2021.

Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in AA Plus Tradelink IPO using UPI as a payment gateway. Zerodha customers can apply in AA Plus Tradelink IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in AA Plus Tradelink IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'AA Plus Tradelink IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The AA Plus Tradelink IPO opens on July 8, 2021 and closes on July 13, 2021.

AA Plus Tradelink IPO lot size is 8000 Shares, and the minimum amount required is ₹144,000.

You can apply in AA Plus Tradelink IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for AA Plus Tradelink IPO will be done on Friday, July 16, 2021, and the allotted shares will be credited to your demat account by Monday, July 19, 2021. Check the AA Plus Tradelink IPO allotment status.

The AA Plus Tradelink IPO listing date is on July 22, 2021.
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AA Plus Tradelink IPO Message Board

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10 Comments

8. Crow |   Link |  Bookmark |July 28, 2021 4:11:06 AM
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)
Anchor is almost entirely made up domestic MF houses. That''s one red flag for me, along with the extremely low fresh issue (8%) and PB ratio higher than sector average.
Always in restraint of Mrs. Crow.
7. Grow India |   Link |  Bookmark |July 24, 2021 4:44:15 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Kitne pe list hua hai??
6. Sachin audumbar shinde |   Link |  Bookmark |July 22, 2021 10:19:37 AM
Two more sme IPO comes gretex & Rex pipe adminji add kijeye
5. Sarthak Deshmukh |   Link |  Bookmark |July 15, 2021 3:48:06 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Next SME IPO? Any Guesses
5.1. Deepakkumar |   Link |  Bookmark |July 16, 2021 5:54:48 PM (200+ Posts)
Jo haal SME ka hai, isse duri hi sahi. Acche fundamental or idea wali company aaye to hi apply Karen. (The way SMEs are bahaving, it''s better to keep distance. Can apply if any company comes with good fundamental or new idea.) Right now main board or secondary market ke baad spare funds hi nahi.
4. Quality Comment |   Link |  Bookmark |July 13, 2021 12:48:33 PM
Paid Marketing by Patel Wealth. Bogus broker.
3. Crow |   Link |  Bookmark |July 12, 2021 10:07:34 PM
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)
At a PE of 67 - when the sector PE is around 23 - isn''t this ridiculous?
Always in restraint of Mrs. Crow.
2. Sarthak Deshmukh |   Link |  Bookmark |July 12, 2021 4:11:06 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Poor Retailers are getting trap in this IPO
1. Sarthak Deshmukh |   Link |  Bookmark |July 4, 2021 5:55:48 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Overpriced IPO.....
1.1. EBERAJU |   Link |  Bookmark |July 11, 2021 10:36:37 PM
How do you say it''s overpriced