Aeron Composite Limited
NNSE:AERON76.40
INR
-3.65
(-4.56%)
Aeron Composite Limited
NSE:AERON
(National Stock Exchange of India)
Recent
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76.40
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ROIC.AI
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FRC
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in mil. unless spec.- Similar Companies
- Business
- Aeron Composite Limited is an India-based manufacturer, supplier, and exporter of advanced fiber-reinforced polymer (FRP) and glass-reinforced polymer (GRP) composite products and structural solutions. Founded in 2011 and headquartered in Ahmedabad, Gujarat, India, the company designs, engineers, and fabricates corrosion-resistant composite materials for industrial, commercial, and infrastructure applications. Aeron Composite offers an extensive portfolio of products and engineered solutions, including FRP/GRP molded gratings; FRP/GRP pultruded gratings; FRP/GRP structural profiles, including I-beams, H-beams, channels, equal angles, square tubes, round tubes, and solid rods; FRP/GRP cable management systems, comprising ladder-type cable trays, perforated cable trays, and support accessories; FRP/GRP industrial safety handrails, stair treads, and fixed ladder systems with safety cages; FRP/GRP utility poles and perimeter fencing; FRP/GRP protective canopies and customized industrial enclosures; and customized engineering services, covering structural design, computerized modeling, prototyping, chemical resistance testing, fabrication, assembly, and installation assistance. The company caters to diverse end markets, including chemical and petrochemical processing, oil and gas, marine and offshore, water and wastewater treatment, power generation, cooling towers, transportation, and civil construction. Aeron Composite operates manufacturing facilities in Gujarat, India, serving domestic clients while exporting products to more than 30 countries across North America, Europe, the Middle East, Southeast Asia, and Africa. In September 2024, the company completed its initial public offering (IPO) and listed its equity shares on the NSE SME (Emerge) platform to fund capital expenditure for manufacturing facility expansion, the addition of automated pultrusion and molding lines, working capital requirements, and corporate growth initiatives.