IPO Issue Details
Issue Price / Price Band₹78 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size34,70,400 shares (aggregating up to ₹27.07 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 11 May 2023
Subscription CloseMon, 15 May 2023
Anchor AllotmentWed, 10 May 2023
Basis of AllotmentThu, 18 May 2023
Initiation of RefundsFri, 19 May 2023
Credit of Shares to DematMon, 22 May 2023
Listing DateTue, 23 May 2023
UPI Mandate Deadline2023-05-15
Application & Investment Details
Retail — Min (1 Lots)₹1,24,800 — 1,600 shares
Retail — Max (13 Lots)₹1,622,400 (13 Lots)
HNI — Min (2 Lots)₹2,49,600 — 3,200 shares
EPS (Pre-IPO)₹6.00
P/E Ratio (Pre-IPO)12.07x
Net Offer to Public32,96,000 shares (aggregating up to ₹25.71 Cr)
Reserved for Market Maker1,74,400 shares (aggregating up to ₹1.36 Cr)
Pre-IPO Promoter Holding92,80,800 shares
Post-IPO Promoter Holding1,22,00,800 shares
Fresh Issue Shares27,45,600 shares (aggregating up to ₹21.42 Cr)
Offer for Sale Shares5,50,400 shares of ₹10 (aggregating up to ₹4.29 Cr)
About Auro Impex & Chemicals Ltd
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.
Objects of the Issue
Auro Impex & Chemicals Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
To meet the working capital requirements
15.08
2
General Corporate Purpose and
3.65
Shareholding & Lock-in
Pre-IPO Promoter Holding
92,80,800 shares
Post-IPO Promoter Holding
1,22,00,800 shares