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Vardhman Airport Solutions Ltd.

SMEBSE
unknown

TBA

TBA

1 Shares

TBA

₹10

Financial Summary

Standalone(in ₹ million)
ParticularsFY 2024-25FY 2023-24
5,432.896,616.44
55.8923.28
5,488.786,639.72
4,758.335,816.54
456.94607.54
350.42447.23

Subscription Details

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IPO Timeline

IPO Offer Start

TBA

IPO Offer Ends

TBA

TBA

Use of Proceeds

#PurposeAmount (₹ Million)
1Funding the incremental working capital requirements of our Company234
2Repayment/pre-Payment, in full or in part, of certain outstanding borrowings 26

Promoters

Sushim JainAnshul JainAbhilasha JainPraveen Kumar DubeyNeelam Dubey

Book Running Lead Managers

Holani Consultants Pvt Ltd.

Promoter Shareholding

Pre-IPO

90.63%

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.

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