Aspire & Innovative is involved in the trade of a variety of household items, including kitchen gadgets, household appliances, electronics, mobile devices, accessories, solar goods, and more. They offer products from known brands, like Bajaj, Prestige, Vivo, Samsung, Crompton, Whirlpool, Hindware, Havells, and others. Their range of products caters to the needs of customers throughout India with a focus, on rural and semi-urban regions. The company’s goal is to improve the quality of life for their customers by providing a platform that showcases products from renowned brands.
Aspire & Innovative operates with a business model that focuses on minimizing assets with their main expenses going towards fees for intermediaries services. These services involve promoting products to customers in semi-urban areas supporting staff and trainers, in customer interactions predicting demand, and offering banking services to aid in product purchases. They anticipate demand to place orders, with suppliers and manage the storage and delivery of products from warehouses located in states to reach customers in semi-urban regions.
They offer a range of products including pressure cookers, induction cooktops, mixer grinders, mobile phones, televisions, refrigerators, and solar lanterns. Moreover Aspire & Innovative introduced Stainless Steel Dinner Sets, under their brand in 2022. Later expanded by adding pressure cookers named “Aspire Classico” in 2023. These products are either sourced from. Produced by third-party manufacturers based on their requirements.
Aspire & Innovative IPO Complete Details:
Aspire & Innovative IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP Of Aspire & Innovative is Around 07 Rs.
Objects Of Issue:
1. Meeting working capital needs.
2. Funding the establishment expenses for new warehouses.
3. General corporate purposes.
Promoters:
- Nitesh Agarwalla
- Rinku Agarwalla
FAQs:
When Aspire & Innovative IPO is Opening?
Aspire & Innovative IPO is Opening on 26 March 2024.
When is the Aspire & Innovative IPO Closing?
Aspire & Innovative IPO is Closing on 28 March 2024.
What is the Issue Size of the Aspire & Innovative IPO?
The IPO Issue Size of Aspire & Innovative is 21.97 Crore.
Price Band of Aspire & Innovative IPO?
The price Band of Aspire & Innovative IPO is 51 to 54 rupees per share.
What is the minimum investment for an Aspire & Innovative IPO?
The minimum investment for the Aspire & Innovative IPO is 108,000 Rupees.
Allotment Date of Aspire & Innovative IPO?
The Allotment of Aspire & Innovative IPO is on 01 April 2024.
Listing Date of Aspire & Innovative IPO?
The Listing Of Aspire & Innovative is Scheduled on 03 April 2024.
One Should Apply for Aspire & Innovative IPO or Not?
Will Update Soon..
How to apply for Aspire & Innovative IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Aspire & Innovative IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Aspire & Innovative IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Aspire & Innovative IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Aspire & Innovative IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Aspire & Innovative IPO from the list ——–> Click on Aspire & Innovative IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of Aspire & Innovative?
Hem Securities Limited is the Lead Manager of Aspire & Innovative.
Where To Check the Allotment of Aspire & Innovative IPO?
The allotment status for the Aspire & Innovative IPO will be accessible on the Bigshare Services Pvt Ltd Website.
Aspire & Innovative IPO is going to be listed at?
Aspire & Innovative IPO is going to be listed at NSE SME.
What is the Lot Size of the Aspire & Innovative IPO?
The lot size of the Aspire & Innovative IPO is 2000 Shares.
What is the P/E Ratio of the Aspire & Innovative?
The P/E Ratio of the Aspire & Innovative is 11.3.
What is the EPS of the Aspire & Innovative?
The EPS of the Aspire & Innovative is 4.78.
What is the ROE of the Aspire & Innovative?
The ROE of Aspire & Innovative is 22.50%.
What is the ROCE of the Aspire & Innovative?
The ROCE of the Aspire & Innovative is 18.59%.
