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Auro Impex & Chemicals Ltd Logo

Auro Impex & Chemicals Ltd IPO

Closed Bookbuilding IPO NSE SME Fresh Capital-cum-Offer for Sale
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Issue Price ₹78
GMP —
Lot Size 1,600
Face Value ₹10
Issue Size 3,470,400 shares (aggregating up to ₹27 Cr)
Subscription —

IPO Timeline

Open Date11-May-23
Close Date15-May-23
Allotment18-May-23
Refund Initiation19-May-23
Demat Credit22-May-23
UPI Mandate Deadline15-May-23
Listing Date23-May-23

Category-wise Subscription

Shares offered, bid & amount
CategorySub (x)OfferedBid ForAmt (Cr)*
QIB — 329,600 (10%) — ₹26 Cr
NII (HNI) — 1,120,000 (32%) — ₹874 Cr
Retail — 1,846,400 (53%) — ₹1,440 Cr
Market Maker — 174,400 (5%) — ₹14 Cr
Σ  Total—3,470,400 (100%)—₹27,069 Cr

Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.

Issue Details

Issue Price / Price Band₹78
Face Value₹10
Lot Size1,600 shares
Issue Size3,470,400 shares (aggregating up to ₹27 Cr)
Issue TypeBookbuilding IPO
Listing ExchangeNSE SME
Sale TypeFresh Capital-cum-Offer for Sale
Script Code—
Fresh Issue2,745,600 shares (aggregating up to ₹21 Cr)
Offer for Sale550,400 shares of ₹10 (aggregating up to ₹4 Cr)
Net Offer to Public3,296,000 shares (aggregating up to ₹26 Cr)
Amount In₹ Lakhs
Stock Price History · NSE
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Minimum Investment (Lot-wise)

CategoryLotsSharesAmount (₹)
Retail (Min)11,600₹124,800
Retail (Max)1320,800₹1,622,400
S-HNI (Min)1422,400₹1,747,200
B-HNI (Min)67107,200₹8,361,600
Retail1 lot(s)1,600 shares₹124,800
S-HNI2 lot(s)3,200 shares₹249,600

Shareholding Pattern

Pre-Issue Shareholding9,280,800 shares%
Post-Issue Shareholding12,200,800 shares%
Reserved for Market Maker174,400 shares (aggregating up to ₹1 Cr)

Financial Statements Amount in ₹ Lakhs

Metric 31-Mar-23 31-Mar-22 31-Mar-21
Revenue 23,297 15,185 7,373
Profit After Tax 600 230 91
Net Worth 1,755 1,155 —
Total Assets 8,228 6,220 3,361
Reserves & Surplus 827 1,078 413
Total Borrowing 4,876 3,680 —

Valuation & Key Ratios

ROE—
ROCE—
RONW20%
PAT Margin—
EBITDA Margin—
Debt/Equity3
P/BV—
Pre EPS₹6
Post EPS—
Pre P/E12
Post P/E—

Grey Market Premium (GMP)

— Current GMP

GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.

Objects of the Issue

  • To meet the working capital requirements – 15.08
  • General Corporate Purpose and – 3.65

Company Overview

Incorporated in 1994, Auro Impex & Chemicals Limited is an Auro Group Company.

Auro Impex & Chemicals is engaged in manufacturing, exporting, and supply of Discharge & Collecting Electrodes, and Electrostatic Precipitator (ESP) internal parts and spares.

The company manufactures Collecting Electrodes of all profiles, Discharge Electrodes, Electromagnetic rapper, Tank Fabrication and Duct Fabrication, and other ESP Internal spare parts, for Original Equipment manufacturers (OEMs) and service providers ranging from sourcing of components, designing, manufacturing, quality testing as per the specifications provided by OEMs and service providers.

Auro Impex & Chemicals has been selling its products through renowned OEMs and Service Providers such as Thermax Limited, Larsen & Toubro Limited, KC Cottrell India Private Limited, Isgec Heavy Engineering Limited, Hariaksh Industries Private Limited, Par Techno-Heat Pvt Ltd, Filter Flow Engineering Private Limited, Imeco Overseas Private Limited and other Brand owners.

Company Information

Address32 K.L. Saigal Sarani, 740A, Block- P, New Alipore, Kolkata, West Bengal, 700053