Aspire & Innovative Advertising Limited Announces IPO Offering
Established in 2017, Aspire & Innovative Advertising Limited specializes in consumer durables, encompassing a wide range of products such as kitchen appliances, home appliances, mobile phones, solar products, and more. Renowned brands like Bajaj, Prestige, Vivo, Samsung, and others are featured in their product portfolio.
Utilizing an asset-light model, the company incurs expenses primarily in facilitation fees and commissions paid to intermediaries. Their services extend to marketing, field staff engagement, demand aggregation, and financial services, primarily targeting rural and semi-urban communities.
With over 50 products on offer, including cookware, electronics, and appliances like pressure cookers, mixer-grinders, TVs, refrigerators, and solar lanterns, Aspire & Innovative Advertising Limited caters to diverse consumer needs.
The company maintains commercial relationships with more than 15 intermediaries and operates 19 warehouses spread across 16 states.
As of November 30, 2023, Aspire & Innovative Advertising Limited boasts a team of 49 full-time employees, including managerial staff.
IPO Schedule:
|
Event |
Tentative Date |
|
Opening Date |
March 26, 2024 |
|
Closing Date |
March 28, 2024 |
|
Basis of Allotment |
April 1, 2024 |
|
Initiation of Refunds |
April 2, 2024 |
|
Credit of Shares |
April 2, 2024 |
|
Listing Date |
April 3, 2024 |
Information
|
Date |
Mar 26, 2024-Mar 28, 2024 |
|
Price |
₹51 - 54 |
|
Quantity |
2000 |
|
Offer Details |
|
|
Status |
Inactive |
For further details, interested parties are encouraged to visit the official website
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