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Closed Issues
Aspire & Innovative Advertising Ltd.
Issue Open Date 26-Mar-24  
Issue Closing Date 28-Mar-24  
Application Money 100  
Allotment Money  
Price Band 51 - 54  
Minimium Application No. 2000  
Issue Size (Shares) 4068000  
Market Lot 1  
Objective
1. To meet Working Capital requirements; and2. To finance the cost of establishing new warehouses3. General Corporate Purpose.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     15054000    
Qualified Institutional Buyers     4036000    
Retail Individual Investors     22198000    
Business Description
We are engaged in the business of trading of wide range of consumer durables like kitchen appliances, home appliances, white goods, mobile phones and its accessories, solar products etc. of multiple renowned brands such as Bajaj, Prestige, Vivo, Samsung, Crompton, Whirlpool, Hindware, Havells and many more. Our range of products are offered at different price points to meet diverse customer requirements across India along with delivery of products mainly in the rural and semi urban areas. We provide one platform that bring multiple brands under one umbrella so as to fulfil the requirements of the customer thus, improving their lifestyles.
Promoter's Holding
Total Share Capital   10981674  
Offered to Public   4068000  
Promoter's Holding (Pre-Issue)   98.84  
Promoter's Holding (Post-Issue)    
Address
C-4 Baldev Park
Shahdara
East Delhi
Delhi,
Delhi,
110051
Phone : 8527932666
Email : cs@aspireinnovate.in
Website : www.aspireinnovate.in
Registrar
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
Listed at
NSE
Lead Manager
Hem Securities Ltd.
Promoters
Nitesh Agarwalla
Rinku Agarwalla
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