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Auro Impex & Chemicals SME IPO Details 2023

SME IPO Status: Listed [11th May 2023 to 15th May 2023]

Rated 3/5 by Team InvestorGain
Auro Impex n Chemicals SME IPO Detail

Auro Impex & Chemical Limited offers a SME IPO issue size of 5,50,000 equity shares worth up to Rs 27.00 Cr. The subscription for this SME IPO is opening from 11 May 2023 to 15 May 2023. The face value of the equity share is Rs 10 per share. And the issue price band for this SME IPO is ranging from Rs 74 to Rs 78 per share along with the lot size of 1600 shares and its multiple.

Stay updated with us to know more about the Auro Impex & Chemical Limited IPO Review including company overview, financial, live subscription, allotment, GMP, and more.

Auro Impex n Chemicals SME IPO Details

SME IPO Issue Opening Date: 11th May 2023
SME IPO Issue Closing Date: 15th May 2023
SME IPO Issue Price: ₹74-78 Per Share
DRHP: Download DRHP
RHP: Download RHP
IPO Listing At: NSE SME
Retail Quota: Not less than 56.02% of the Offer
SME IPO Issue Type: Book Build Issue
SME IPO Issue Size: ₹27.07 Cr
Offer for Sale: ₹4.29 Cr
Fresh Issue: ₹22.78 Cr
Face Value: ₹10 Per Equity Share
SME IPO Discount: TBD
Promoter Holding Pre IPO: 99.99%
Promoter Holding Post IPO:
NSE Code: AUROIMPEX

Auro Impex n Chemicals SME IPO Important Dates

Get important updates regarding Auro Impex n Chemicals SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Auro Impex n Chemicals SME IPO dates
SME IPO Activity Date
Basis of Allotment Date* 18th May 2023
Refunds Initiation* 19th May 2023
Credit of Shares to Demat* 22nd May 2023
SME IPO Listing Date* 23rd May 2023

* - Tentative Dates

Auro Impex n Chemicals SME IPO Lots

SME IPO Activity Date
Issue Price ₹74-78
Market Lot: 1600 Shares
1 Lot Amount: ₹124800
Min HNI Lots: 3200 shares (2 lots)

Auro Impex n Chemicals IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
23-05-202378218000₹80 (2.56%)23-May-2023 10:33
IPO Live GMP

**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Auro Impex n Chemicals

"Auro Impex & Chemicals Private Limited" was established in Kolkata on January 20, 1994. This company specializes in manufacturing steel collection and discharge electrodes and other internal components of an electrostatic precipitator (ESP) - a filtration device for removing smoke and particulate matter from flowing gas, which is used in various heavy industries such as steel mills, sponge iron industry, cement plants, thermal power plants and all other plants where coal is burned, as a measure to control air pollution.


Auro Impex is specifically engaged in manufacturing of (i) collecting electrodes of all profiles, (ii) discharging electrodes, (iii) electromagnetic beaters, (iv) fabrication of vessels and ducts, and (v) other ESP internal spare parts for some original equipment manufacturers (OEMs) and service providers, ranging from sourcing of components, design and fabrication to quality testing as per specifications given by OEMs and service providers.

The company sells its products through reputed OEMs and service providers like 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.

Its subsidiary, Auro Industries Ltd (AIL) was established in 1995 and initially traded in foundry flexes, ferrous and non-ferrous alloys before expanding to import and trade in batteries, fans, refrigerators, lights, battery chargers and other electrical items. Over time, AIL gradually expanded into importing parts of electrostatic precipitators, such as hollow bushings, and exported essential parts of battery plates, such as formation tanks and furniture used in the battery industry, and established itself as an exporter in trade.

Auro Impex n Chemicals SME IPO Strengths

  • Consistent focus on quality and safety
  • Established manufacturing facilities with decades of experience in heavy electrical and mechanical engineering.
  • Established sales network and long-term relationships with their customers.
  • Experienced promoter and strong management team with extensive knowledge of the sector
Incorporation Sector IPO Issue Size Website
1994 Electronics Manufacturing ₹27.07 Cr https://auroimpex.com/

Auro Impex n Chemicals SME IPO Objective

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. To meet the working capital requirements.
  2. General corporate purpose and to meet the issue expenses.

Our experts can help you prepare for SME IPO

Auro Impex n Chemicals SME IPO Live Subscription (NSE + BSE)

The table below is live update of SME IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 347,040 Shares
  • Non-Institutional Investors: 1,179,242 Shares
  • Retail Individual Investor: 1,944,118 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIITotal
 # of Shares Offered347,040 (10%)1,179,242 (33.98%)1,944,118 (56.02%)3,470,400
111th May 2023 19:311.92x2.34x2.71x2.50x
212th May 2023 17:1411.46x8.45x10.20x9.73x
315th May 2023 19:3131.67x104.05x50.72x66.94x
Auro Impex & Chemicals Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-202,841.423,760.9827.01322.62
31-Mar-213,360.597,372.7090.54413.16
31-Mar-226,219.5615,184.93230.031,155.041,077.703,679.97
31-Mar-238,228.0923,296.54599.921,754.96826.884,875.92
Amount in ? Lakhs

Company Address

Auro Impex & Chemicals Limited
32 K.L. Saigal Sarani, 740A Block- P, New Alipore
Kolkata,West Bengal-700053
India
Website: https://auroimpex.com/
Phone: +91 8240927251
Email: [email protected]

Auro Impex n Chemicals SME IPO Registrar

Cameo Corporate Services Limited
Cameo Corporate Services Ltd.,
Subramanian Building # 1, Club House Road,
Chennai 600 002 - India
Website: https://ipo.cameoindia.com/
Phone: +91-44-28460390
Email: [email protected]

Auro Impex n Chemicals SME IPO Lead Manager

Auro Impex n Chemicals SME IPO Important dates - Issue Open Date, close Date, SME IPO Listing Date. SME IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, SME IPO Listing date. What is the issue open date and close date for Auro Impex n Chemicals? Should I apply in Auro Impex n Chemicals SME IPO?

Last Updated on 26-May-2023 21:30:08

FAQs

Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Auro Impex n Chemicals SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Auro Impex n Chemicals SME IPO with Zerodha.

Alternate approch to apply in Auro Impex n Chemicals SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

Auro Impex n Chemicals SME IPO Review and Important Updates

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Apply in Auro Impex n Chemicals SME IPO online

To subscribe or apply in Auro Impex n Chemicals SME IPO, you can use the following methods:

Auro Impex n Chemicals SME IPO Applying ModeMethodDetails
Online Application3-in-1 Trading Account

If your broker is 3-in-1 service provider, you can apply in Auro Impex n Chemicals SME IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

Online Application2-in-1 Trading Account

Brokers like Zerodha, TradeSmart Online provides access to applying in Auro Impex n Chemicals SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

Online ApplicationASBA

This is one of the most popular mode of applying in Auro Impex n Chemicals SME IPO. Most of the Syndicate Banks provide access to apply in Auro Impex n Chemicals IPO via ASBA process. You must have your net banking access, DP ID information to apply in Auro Impex n Chemicals SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

Offline ApplicationPhysical Form

You can apply in Auro Impex n Chemicals SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

Auro Impex n Chemicals SME IPO Review and Important Updates

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Auro Impex n Chemicals SME IPO Application is not yet available.

 

Auro Impex n Chemicals SME IPO is going to be list on 23-05-2023. NSE Code for Auro Impex n Chemicals is AUROIMPEX. BSE Code for Auro Impex n Chemicals is .

Other relevant questions:

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Auro Impex n Chemicals SME IPO Allotment Date is 18-05-2023.

Other relevant questions:

Auro Impex n Chemicals SME IPO share allotment date?Auro Impex n Chemicals SME IPO allotment date?

 


User Reviews

5. Raghavendra Singh Apr 28 2023 12:30:08 AM Reply
Auro Impex & Chemicals SME IPO good or bad.
5.1. Mohammed Osman Hadi Apr 29 2023 11:33:59 AM
As per its Financials from past three the company has posted good profits
4. harshad Apr 28 2023 12:30:08 AM Reply
Auro Impex & Chemicals SME IPO expected listing gain.
3. Henant kumar upadhyay Apr 28 2023 12:30:08 AM Reply
Please confirm Auro Impex & Chemicals SME IPO GMP (grey market premium) and kostak.
2. Rakes Apr 28 2023 12:30:08 AM Reply
Auro Impex & Chemicals SME IPO whether to invest or not.
1. ABHISHEK KUMAR GAUTAM Apr 28 2023 12:30:08 AM Reply
Auro Impex & Chemicals SME IPO - CRISIL Rating, Apply or not?.