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Aspire & Innovative Advertising Limited IPO  

Aspire & Innovative Advertising Limited engaged in the business of trading of a wide range of consumer durable products. Their products such as kitchen appliances, home appliances, mobile phones, and solar products from well-known brands like Bajaj, Prestige, Vivo, Samsung, and more. Their platform offers a wide range of brands in one place, meeting diverse customer needs and enhancing their lifestyles. They run a business model with minimal assets, focusing mainly on paying facilitation fees and commissions to intermediaries. These intermediaries help market their products to rural and semi-urban communities.

Company Promoters:

•  Nitesh Agarwalla
• Rinku Agarwalla 

Objects of this Issue:

      ·       To meet Working Capital requirements
·       To finance the cost of establishing new warehouses
·       General Corporate Purpose

Financial Information of the Company:

Particular	Amount in Lakhs (Rs.)
	As on 31 March 2023	As on 30 March 2022	As on 31 Mar 2021
Total Assets	6,256.99	5,328.01	3,492.07
Total Liabilities	4,705.74	4,307.62	2,971.09
Net Profit	530.85	437.36	227.75

Aspire & Innovative Advertising Limited IPO Schedule

1.     Bid or Offer Opens on: 26 March 2024
2.     Bid or Offer Closes on: 28 March 2024
3.     Finalization of BoA: 01 April 2024
4.     Initiation of Refunds: 02 April 2024
5.     Credit of shares to Demat account: 02 April 2024
6.     Listing Date: 03 April 2024

Aspire & Innovative Advertising Limited IPO Lot Size

The market lot size of Aspire & Innovative Advertising Limited IPO is 3,200 shares. The minimum and maximum order quantity is as follows:

Company Contact Details:

C-4 Baldev Park, Shahdara,

East Delhi -110051, Delhi,

India

Phone:  +91-124-2213055

Email: cs@aspireinnovate.in  

Website: www.aspireinnovate.in

Aspire & Innovative Advertising Limited IPO Registrar Details:

BIGSHARE SERVICES PVT. LTD

1st Floor, Bharat Tin Works Building, Opp. Oasis, Makwana Road, Marol,

Andheri East, Mumbai – 400 059

Telephone: +91 22 6263 8200

Email: ipo@bigshareonline.com

Website: www.bigshareonline.com