Vardhman Airport Solutions Ltd.
SMEPrice Range
TBA
Issue Size
TBA
Lot Size
1 Shares
Min. Investment
TBA
Financial Summary
(in crores)| Particulars | FY 2024-25 |
|---|---|
| Operating Revenue | 5,432.89 |
| Other Income | 55.89 |
| Total Income | 5,488.78 |
| Total Expenses | 4,758.33 |
| Profit Before Tax | 456.94 |
| Total Profit | 350.42 |
Subscription Details
Use of Proceeds
| # | Purpose | Amount (₹ Cr) |
|---|---|---|
| 1 | Repayment/pre-Payment, in full or in part, of certain outstanding borrowings | 26 |
Promoters
Promoter Shareholding
Pre-IPO
90.63%
Promoter stake
Post-IPO
N/A
Promoter stake
Offered to Public
62,48,000
shares
About the Company
Our Company is engaged in design, development, engineering, assembly, system integration, supply, installation, testing, commissioning and maintenance of airfield ground lighting systems, navigational aids, aircraft docking systems, smart metering solutions and allied aviation infrastructure systems for civil airports, heliports and defense airbases. These systems constitute critical aviation infrastructure and support safe and efficient aircraft and helicopter operations by providing visual guidance, navigation, communication and airside operational support during landing, take-off and ground movement, particularly during night-time operations and adverse weather conditions. Through its technical and engineering capabilities, the Company also undertakes product development activities and develops and customizes products and solutions in accordance with customer requirements and applicable technical, operational and regulatory standards, including standards prescribed by airport operators, aviation authorities and defense establishments, wherever applicable.
Use of Proceeds
• Funding the incremental working capital requirements of our company. • Repayment/pre-Payment, in full or in part, of certain outstanding borrowings availed by our company. • General Corporate Purposes.