Aeroflex Industries Limited IPO

Aeroflex Industries Limited is a manufacturer and suppliers of environment friendly metallic flexible flow solution products. The company manufactures braided hoses, unbraided hoses, solar hoses, gas hoses, vacuum hoses, braiding, interlock hoses, hose assemblies, lancing hose assemblies, jacketed hose assemblies, exhaust connectors, exhaust gas recirculation (EGR) tubes, expansion bellows, compensators and related end fittings collectively known as flexible flow solutions catering to global as well as domestic markets. As on March 31, 2023, the company had more than 1,700 Product SKUs (Stock Keeping Units) in their product portfolio.

The company exports their products to more than 80 countries including Europe, USA and others overseas markets. For fiscals 2023, 2022 and 2021 the company’s exports stood at Rs 2,171.80 million, Rs 2,035.59 million and Rs 1,171.15 million which constituted 80.60%, 84.53%, and 80.90% of our revenue from operations, respectively.

Aeroflex Industries has manufacturing facility located at Taloja, Navi Mumbai, Maharashtra, and it is spread across 3,59,528 square feet of area. The manufacturing facility is equipped with mechanical and hydraulic corrugation machines, interlocking machines, braiding machines, bobbin machines and assemblies equipment capable to manufacture range of customised hoses, braiding, assemblies and fittings.

The company also has an in-house Design, Research and Development team of seven members which assists in designing the products based on the technical specifications received from customers, conducts research on existing and new materials, production processes improvement, emerging product types and end applications and develop new products.