Auro Impex IPO Details ( Auro Impex & Chemicals Limited IPO Review )
(11 May 2023 – 15 May 2023)
Auro Impex & Chemicals Limited, which is a member of the Auro Group, was established in 1994.
Auro Impex & Chemicals specializes in producing, exporting, and providing Discharge & Collecting Electrodes, as well as internal components and replacements for Electrostatic Precipitators (ESPs).
Auro Impex & Chemicals produces a wide range of ESP internal spare parts, including Collecting Electrodes in various profiles, Discharge Electrodes, Electromagnetic rappers, as well as Tank and Duct Fabrication. The company caters to the needs of Original Equipment Manufacturers (OEMs) and service providers, offering services ranging from component sourcing and design to manufacturing and quality testing according to the specified requirements of their clients.
Auro Impex & Chemicals distributes its products through well-known OEMs and service providers, such as Larsen & Toubro Limited, Thermax 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, as well as other brand owners.
Auro Impex & Chemicals Limited Company Product
- Collecting Electrodes
- Discharge Electrodes
- Electro-magnetic Rappers
- Other Esp Components & Spares
- Silo Manufacturing
- Tank Fabrication And Duct Fabrication
Auro Impex & Chemicals Limited IPO Competitive Strength
- Consistent focus on quality and safety
- Established manufacturing facilities with over decades of operations in the heavy electrical and engineering industry
- Established distribution network and long term relationship with our customers
- Experienced Promoter and strong senior management team with extensive knowledge of the sector
Auro Impex and Chemicals IPO Financials Performance ( Results )
Auro Impex & Chemicals Limited Financial Information ( Restated Standalone )
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-20 | 2,841.42 | 3,760.98 | 27.01 | 3.49 | 399.96 | 51.71 | 322.62 | 1,430.57 |
| 31-Mar-21 | 3,360.59 | 7,372.70 | 90.54 | 11.71 | 490.50 | 63.42 | 413.16 | 1,583.72 |
| 31-Mar-22 | 6,219.56 | 11,078.24 | 204.59 | 26.45 | 695.09 | 89.87 | 1,077.70 | 2,411.65 |
| 30-Sep-22 | 7,097.36 | 8,701.54 | 248.50 | 32.13 | 943.59 | 122.01 | 1,344.96 | 2,398.55 |
Objective of IPO Issue
- To meet the working capital requirements.
- General corporate purpose and to meet the issue expenses.
Auro Impex & Chemicals IPO Basic Details
| IPO Date | May 11, 2023 to May 15, 2023 |
| Listing Date | Tuesday, May 23, 2023 |
| Face Value | ₹10 per share |
| Price | ₹74 to ₹78 per share |
| Lot Size | 1600 Shares |
| Issue Size | 3,470,400 shares (aggregating up to ₹27.07 Cr) |
| Fresh Issue | 2,920,000 shares (aggregating up to ₹20.00 Cr) |
| Offer for Sale | 550,400 shares (aggregating up to ₹7.07 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| QIB Shares Offered | 347,040 (10.00%) |
| NII (HNI) Shares Offered | 1,179,242 (33.98%) |
| Retail Shares Offered | 1,944,118 (56.02%) |
| Company Promoters | Mr. Madhusudan Goenka & Mr.praveen Kumar Goenka |
Auro Impex & Chemicals IPO Timetable
Auro Impex & Chemicals IPO will open on May 11, 2023 and close on May 15, 2023. You can join Auro Impex & Chemicals IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | May 11, 2023 |
| Closing Date | May 15, 2023 |
| Basis of Allotment | May 18, 2023 |
| Initiation of Refunds | May 19, 2023 |
| Credit of Shares to Demat | May 22, 2023 |
| Listing Date | May 23, 2023 |
Auro Impex & Chemicals IPO Lot Size
For retail investors in Auro Impex & Chemicals IPO, 3200 shares will come in 1 lot or the minimum investment will be ₹124,800. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹124,800.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹124,800 |
| Retail (Max) | 1 | 1600 | ₹124,800 |
| S-HNI (Min) | 2 | 3200 | ₹249,600 |
Auro Impex & Chemicals IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | – |
Auro Impex & Chemicals IPO Valuation – FY2022
| Earning Per Share (EPS) | ₹26.45 per Equity Share |
| Price/Earning P/E Ratio | 31.45 |
| Return on Net Worth (RoNW) | 29.43% |
| Net Asset Value (NAV) | ₹89.87 per Equity Share |
| Upper Price/Book Value (Price/BV) Ratio | Coming Soon |
Auro Impex & Chemicals Ltd Key Performance Indicator
| KPI | Values |
| Market Cap (₹ Cr.) | 72.38 |
| P/E (x) | 31.45 |
| ROE (%) | 29.43 |
| ROCE (%) | 19.92 |
| Debt/Equity | 2.92 |
Auro Impex & Chemicals Ltd Peer Comparison
There are no listed companies in India that engage in all aspects of the business that we operate. Accordingly, it is not possible to provide an industry comparison in relation to our Company.
Auro Impex IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 18 May 2023 | ₹10 | – | – |
| 17 May 2023 | ₹10 | – | – |
| 16 May 2023 | ₹11 | – | – |
| 15 May 2023 | ₹12 | – | – |
| 14 May 2023 | ₹17 | – | – |
| 13 May 2023 | ₹17 | – | – |
| 12 May 2023 | ₹20 | – | – |
| 11 May 2023 | ₹20 | – | – |
| 10 May 2023 | ₹18 | – | – |
Auro Impex & Chemicals IPO Detail Video:
Auro Impex & Chemicals IPO Subscription Status (Bidding Detail)
The Auro Impex & Chemicals IPO on May 15, 2023 at 6:28:00 PM was subscribed 66.94 times, with the retail category being subscribed 50.72 times, the NII (Non-Institutional Investor) category being subscribed 104.05 times and the QIB (Qualified-Institutional Buyers) category being subscribed 31.67 times.
| Category | Subscription |
| QIB | 31.67x |
| NII | 104.05x |
| Retail | 50.72x |
| Total | 66.94x |
Auro Impex & Chemicals IPO Prospectus
Auro Impex & Chemicals IPO Rating
| Our Rating | 2.0/5.0 |
Auro Impex & Chemicals Compnay Contact Information
Auro Impex & Chemicals Limited
Registered and Corporate Office: 32, KL Saigal Sarani,
740A, Block- P, New Alipore, Kolkata- 700053
Contact Person: Mr. Raghav Jhunjhunwala, Company Secretary & Compliance Officer
Tel: +91 8240927251
E-mail: investor@auroimpex.com
Website: www.auroimpex.com
Corporate Identity Number: U51909WB1994PLC061514
Auro Impex & Chemicals IPO Registrar
Cameo Corporate Services Limited
Address: Subramanian Building” 1 Club HouseRoad,
Chennai- 600 002
Tel: +91 40 6716 2222
E-mail: priya@cameoindia.com
Investor Grievance e-mail: investor@cameoindia.com
Website: www.cameoindia.com
Contact Person: K. Sreepriya
SEBI Registration No.: INR000003753
Auro Impex & Chemicals IPO Lead Manager
Affinity Global Capital Market Private Limited
Address: 20B, Abdul Hamid Street, East India
House,1st Floor, Room No. 1G, Kolkata
– 700069, West Bengal, India
Telephone: +91 33 4004 7188
E – mail: auroimpex@affinityglobal.in
Investor Grievance ID: investor@affinityglobalcap.in
Website: www.affinityglobalcap.in
Contact Person: Ayushi Hansaria
SEBI Registration Number: INM000012838
Auro Impex & Chemicals IPO FAQs
What is the lot size of Auro Impex & Chemicals IPO?
The total size of Auro Impex & Chemicals IPO is ₹27 crores out of which ₹20 crores is fresh issue and ₹7 crores is offer for sale (OFS).
When will Auro Impex & Chemicals IPO start?
Auro Impex & Chemicals IPO will Open from 11 May 2023 and IPO will Close on 15 May 2023.
What is the open date of Auro Impex & Chemicals IPO?
Auro Impex & Chemicals IPO will open date from 11 May 2023.
What is the last date ( close date ) of Auro Impex & Chemicals IPO?
Auro Impex & Chemicals IPO will close from 15 May 2023.
What is the price band of Auro Impex & Chemicals IPO?
Auro Impex & Chemicals IPO price band is ₹74 to ₹78. ( Upper Price Band: ₹78, Lower Price Band: ₹74 )
What is the minimum amount required to apply for Auro Impex & Chemicals IPO?
The minimum investment for retailers to apply for Auro Impex & Chemicals IPO is ₹124,800 and the maximum investment is ₹124,800.
What is going on gray market premium of Auro Impex & Chemicals IPO?
View gray market premium of Auro Impex & Chemicals IPO by Clicking Here
How much is the GMP of Auro Impex & Chemicals IPO?
Watch Auro Impex & Chemicals IPO GMP Today: Click Here
What is the allotment date of Auro Impex & Chemicals IPO?
The allotment date of Auro Impex & Chemicals IPO is 18 May 2023.
How to check allotment status in Auro Impex & Chemicals IPO?
To check the allotment status of Auro Impex & Chemicals IPO, first of all go to the registrar website by clicking here, select your bad Auro Impex & Chemicals IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Auro Impex & Chemicals IPO?
The Listing Date of Auro Impex & Chemicals IPO is 23 May 2023.
How much will be the listing gain in Auro Impex & Chemicals IPO?
View listing gain of Auro Impex & Chemicals IPO by Clicking Here
How much time Auro Impex & Chemicals IPO is subscribed?
Total 66.94 times subscribed in Auro Impex & Chemicals IPO out of which 50.72 times subscription was done in retail quota, 104.05 times subscription in NII quota and 31.67 times subscription in QIB quota.
How to apply for Auro Impex & Chemicals IPO from Upstox?
Click Here to see how to apply for Auro Impex & Chemicals IPO from Upstox. (step by step)
How to apply for Auro Impex & Chemicals IPO from Zerodha?
Click Here to see how to apply for Auro Impex & Chemicals IPO from Zerodha. (step by step)
How to apply for Auro Impex & Chemicals IPO from Angle One?
Click Here to see how to apply for Auro Impex & Chemicals IPO from Angle One. (step by step)
