Aspire & Innovative Advertising Limited

About the company

## **About  Aspire & Innovative Advertising Limited**   Founded in 2017, Aspire & Innovative Advertising Limited has established itself as a dynamic player in the consumer durables market, operating on an asset-light business model. Our core focus lies in facilitating seamless transactions between consumers in rural and semi-urban communities and a diverse range of quality products. Our Unique Approach: At Aspire & Innovative Advertising Limited, we prioritize efficiency and customer satisfaction. Our primary expenditure is directed towards facilitation fees and commissions to intermediaries who assist us in reaching out to our target demographics. These intermediaries aid in marketing our extensive product portfolio to existing customer bases, enabling our field staff and trainers to interact directly with consumers. We leverage their services for collating demand projections and providing essential banking and financial services to facilitate product purchases.  Expansive Product Portfolio: Our product portfolio encompasses over 50 essential items, ranging from kitchen appliances such as pressure cookers and mixer-grinders to electronic gadgets like mobile phones and televisions. We take pride in offering both third-party brands and proprietary products under our own brand name. In 2022, we introduced Stainless Steel Dinner Sets, followed by the launch of "Aspire Classico" pressure cookers in 2023. These products are meticulously sourced or manufactured by trusted third parties, adhering to our stringent quality standards. Market Expansion and Growth Prospects: With a diverse range of products spanning various consumer segments, we aim to cater to the diverse needs of consumers across India, particularly in rural and semi-urban areas. Our extensive network and operational expertise enable us to penetrate markets with limited selling channels, fostering accessibility and affordability for customers. As we celebrate over five years of successful operations, we remain committed to expanding our product offerings and leveraging our resources to meet evolving consumer demands. Commitment to Quality and Affordability: At Aspire & Innovative Advertising Limited, quality and affordability are non-negotiable. We strive to provide products of the highest quality at competitive prices, ensuring maximum value for our customers. With a firm belief in our capabilities and market potential, we are poised to embark on an exciting journey of growth and innovation, catering to the diverse needs of consumers across India.  Experience the difference with Aspire & Innovative Advertising Limited – your trusted partner for quality consumer durables at unbeatable prices. Aspire & Innovative Advertising Limited invites investors to join us on our journey towards retail excellence and sustainability. With a proven track record of success, a diverse portfolio of offerings, and a steadfast commitment to innovation, we are well-positioned for continued growth and prosperity. Together, let us shape the future of retail and create lasting value for generations to come. 1. To meet Working Capital requirements; and 1. To finance the cost of establishing new warehouses 1. General Corporate Purpose.   Here are key details about the Aspire & Innovative Advertising Limited IPO: Company Name| **Aspire & Innovative Advertising** **Limited** |  | Aspire & Innovative Advertising Limited IPO Opening Date| **March 26, 2024** ---|---|---|---|--- Company Established On|**2017**Aspire & Innovative Advertising Limited IPO Price band|**₹51 to ₹54 per share** ## ****

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   26 Mar 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   28 Mar 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   28 Mar 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   02 Apr 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   01 Apr 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   03 Apr 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.