Aspire & Innovative Advertising Limited was originally incorporated as 'Aspire & Innovative Advertising Private Limited' on July 31, 2017. Subsequently, the Company was converted into a Public Limited and the name of the Company was changed from 'Aspire & Innovative Advertising Private Limited' to 'Aspire & Innovative Advertising Limited' dated December 12, 2023 issued by the Registrar of Companies.
The Company is engaged in the business of trading of wide range of consumer durables like kitchen appliances, home appliances, white goods, mobile phones and its accessories, solar products etc. of multiple renowned brands such as Bajaj, Prestige, Vivo, Samsung, Crompton, Whirlpool, Hindware, Havells and many more. It provides one platform that brings multiple brands under one umbrella to fulfil requirements of the customer thus, improving their lifestyles.
The Company started its business in 2017 with an objective of providing basic but advanced products to India's rural and semi urban population along with product delivery and focus on un-banked and underbanked customer segments through partners working in this space. To achieve this objective, in addition to the sales team, Company sell product majorly through intermediaries i.e. Non - Banking Financial Companies (NBFCs), Micro Finance Institutions (MFIs).
The Company has entered into commercial arrangements with a large number of intermediaries like Non-Banking Financial Companies (NBFCs), Non-Banking Financial Co ...mpanies (NBFCs)- Micro Finance Institutions (MFIs) along with Warehousing and Transportation facilities in 16 states in India.
In addition to offering third-party brands, Company started selling Stainless Steel Dinner Sets under our own brand name in 2022. In 2023, it expanded its product range to include pressure cookers, also, branded under the name i.e. 'Aspire Classico'.
The Company launched the IPO by issuing 40,68,000 equity shares of Rs 10 each and raised funds aggregating to Rs 21.97 crores through fresh issue on March 28, 2024.
In 2025, Aspire has launched its Cardless EMI initiative, eliminating dependency on credit cards and providing customers with easy, transparent access to credit. It has expanded the Government Business under the Integrated Financial and Procurement Division (IFPD).
FAQs on Aspire & Innovative Advertising Ltd
1. Can I buy Aspire & Innovative Advertising Ltd from PL Capital? ›
Yes, you can invest in Aspire & Innovative Advertising Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Aspire & Innovative Advertising 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 Aspire & Innovative Advertising Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Aspire & Innovative Advertising Ltd pay dividends? ›
Aspire & Innovative Advertising 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 Aspire & Innovative Advertising Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Aspire & Innovative Advertising Ltd. is ₹ 13.1 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Aspire & Innovative Advertising Ltd ? ›
The 52-week high and low of Aspire & Innovative Advertising Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .