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.
Auro Impex & Chemicals IPO – Details
| IPO Opening Date | 11 May 2023 |
| IPO Closing Date | 15 May 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | [] Shares Worth ₹30.00 Crore Fresh Issue: [] Shares Worth ₹20.00 Crore Offer For Sale: 5,50,000 Shares Worth ₹10.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹74 – ₹78 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares ( 1 Lot ) |
| Listing At | NSE SME |
| Register | Cameo Corporate Services Limited |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Auro Impex & Chemicals IPO – Date Schedule
| IPO Open Date | 11 May 2023 |
| IPO Close Date | 15 May 2023 |
| Basis of Allotment | 18 May 2023 |
| Initiation of Refund | 19 May 2023 |
| Credit of Shares to Demat Account | 22 May 2023 |
| IPO Listing Date | 23 May 2023 |
Auro Impex & Chemicals IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1600 | 1,24,800 |
| Retail (Maximum) | 1 | 1600 | 1,24,800 |
| HNI (Minimum) | 2 | 3200 | 2,49,600 |
Competitive Strengths
- Established presence with more than two decade of experience in the trading, distribution and manufacturing of Air Pollution Control Equipment;
- Diversified Business with a product portfolio and consistent focus on quality;
- Established distribution network and long-term stable relationship with their customers;
- Integrated Manufacturing Facility to deliver quality products; and
- Experienced promoter and strong senior management team with an extensive knowledge of the sector.
Company Promoters
- Mr. Madhusudan Goenka
- Mr. Praveen Kumar Goenka
Object Of The Issue
- Funding incremental working capital requirements of the Company.
- General Corporate Purposes.
- To meet the Issue expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 37.60 | 37.30 | 0.27 |
| 31 March 2021 | 73.72 | 72.78 | 0.90 |
| 31 March 2022 | 151.84 | 148.72 | 2.30 |
| 30 September 2022 | 122.49 | 118.79 | 2.67 |
Auro Impex & Chemicals IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding |
Auro Impex & Chemicals IPO Prospectus
Company Contact Information
| Auro Impex & Chemicals Limited 32 K.L. Saigal Sarani, 740A, Block- P, New Alipore, Kolkata- 700053 Phone: +91 8240927251 Email: investor@auroimpex.com Website: https://auroimpex.com/ |
Auro Impex & Chemicals IPO Registrar
| Cameo Corporate Services Limited Phone: +91-44-28460390 Email: investor@cameoindia.com Website: https://ipo.cameoindia.com/ |
Auro Impex & Chemicals IPO Lead Manager(s)
| 1. Affinity Global Capital Market Private Limited |
Auro Impex & Chemicals IPO FAQs
| What is Auro Impex & Chemicals IPO? Auro Impex & Chemicals IPO is a SME IPO. The issue is priced at ₹74-₹78 per equity share. The IPO is to be listed on NSE SME. |
| When Auro Impex & Chemicals IPO will open? The IPO is to open on 11 May 2023 for QIB, NII and Retail Investors. |
| What is Auro Impex & Chemicals IPO Investors Portion? The investors portion for QIB-50%, NII-15%, and Retail-35%. |
| How to Auro Impex & Chemicals IPO? You can apply Auro Impex & Chemicals IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Auro Impex & Chemicals IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Auro Impex & Chemicals”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Auro Impex & Chemicals IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Auro Impex & Chemicals”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Auro Impex & Chemicals IPO Size? Auro Impex & Chemicals IPO size is ₹30.00 crores. |
| What is Auro Impex & Chemicals IPO Price Band? Auro Impex & Chemicals IPO Price Band is ₹74-₹78. |
| What is Auro Impex & Chemicals IPO Minimum and Maximum Lot Size? The minimum bid is 1600 Shares with ₹1,24,800 amount while the maximum bid is 1600 shares with ₹1,24,800. |
| What is the Auro Impex & Chemicals IPO Allotment Date? Auro Impex & Chemicals IPO allotment date is 18 May 2023. |
| What is the Auro Impex & Chemicals IPO Listing Date? Auro Impex & Chemicals IPO listing date is 23 May 2023. The IPO is to list on NSE SME. |
