Aeron Composites Limited was originally incorporated as Private Limited Company in the name of 'Aeron Composite Private Limited' vide Certificate of Incorporation dated May 13, 2011 issued by, the Registrar of Companies, Gujarat, Dadra and Nagar Havelli . Subsequently, Company converted into a Public Limited Company and the name was changed to 'Aeron Composite Limited' vide a fresh Certificate of Incorporation dated June 19, 2024 issued by the Registrar of Companies, Central Processing Centre,
The Company is engaged in the business of manufacturing and supplying of Fiber Glass Reinforce Polymer Products i.e. FRP products including FRP Pultruded Products, FRP Moulded Gratings & FRP Rods tailored for various industrial applications. The Company provide comprehensive solution which includes conceptual design, prototype development, testing, manufacturing, logistic support, installation and after sales service. FRP product is a composite material consisting of a polymer matrix (resins) reinforced with fibers such as fiberglass, carbon or aramid. This combination offers numerous benefits, including corrosion resistance, chemical resistance, high strength, lightweight properties, electrical and thermal non-conductivity, and ease of fabrication.
The manufacturing unit has accreditations such as ISO 9001:2015 for scope of design, manufacturing and supply of FRP pultruded products, FRP Handrails, FRP cable trays, FRP fencing, FRP moulded gratings, FRP Cross arm, FRP poles, FRP ...rods and moulded mounting structure for solar panels (MMS). The Company started production of Pultruded products at Changodar in Gujarat in 2011. The Company diversified the product by introducing FRP Moulded Gratings in 2012-13.
In 2014-15, Company ventured into production of FRP Rods for Optic Fiber Cables in 2015. It increased the capacity of Pultrusion and Moulded Grating in 2019. All manufacturing activities were transferred to this new, larger site, which provided the infrastructure to support the expanded operations and future growth plans.
Company issued 44,88,000 Equity Shares of face value Rs 10 by raising Rs 56.1 crores through IPO on August 30, 2024.
Company launched its GFRP Rebar business in India's infrastructure ecosystem in 2025. Company is in process of transitioning to a fully owned manufacturing facility at Mehsana, Gujarat, expanding installed capacity to 18,845 MT with further scale-up to 22,000 MT by H2FY2025.
FAQs on Aeron Composites Ltd
1. Can I buy Aeron Composites Ltd from PL Capital? ›
Yes, you can invest in Aeron Composites Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Aeron Composites Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Aeron Composites Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Aeron Composites Ltd pay dividends? ›
Aeron Composites Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Aeron Composites Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Aeron Composites Ltd. is ₹ 102 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Aeron Composites Ltd ? ›
The 52-week high and low of Aeron Composites Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
