Auro SME IPO

Auro Impex & Chemicals Limited

₹1,18,400 /1600 sharesMinimum Investment

Auro SME IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
NSE₹78.00₹74.00-₹4.00 (5.13%)

Auro SME IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
11 May ‘23 - 15 May ‘23₹1,18,4001,600₹74 - ₹78
Issue SizeIPO Doc
27.00Cr
RHP PDF

About Auro SME

The company was originally established as 'Auro Impex & Chemicals Private Limited' on January 20, 1994, in Kolkata, West Bengal. Later, the company was transformed into a public limited company by the shareholders through a special resolution passed on September 23, 2022. The company manufactures various ESP internal spare parts, such as collecting electrodes of all profiles, discharge electrodes, electromagnetic rapper, tank fabrication, and duct fabrication, for several Original Equipment manufacturers (OEMs) and service providers. The company undertakes various activities ranging from sourcing components, designing, manufacturing, and quality testing per the specifications provided by the OEMs and service providers. ;
Parent Organisation
Auro Impex & Chemicals Limited
Founded
1994
Managing Director
Mr. Madhusudan Goenka

Strengths & Risks

  • Here are some strengths of Auro Impex & Chemicals Limited:
  • The company's manufacturing facilities have operated for several decades, specializing in the heavy electrical and engineering industry.
  • The company has a well-established distribution network and has fostered long-term relationships with its customers.
  • The revenue of the company has nearly doubled in the last 2 years on a CAGR basis.
  • The substantial entry barriers into the company’s operating industry is a competitive advantage
  • Here are some risk factors associated with Auro Impex & Chemicals Limited
  • The company only has one manufacturing facility, which makes it vulnerable to any disruptions or issues that may occur in that facility.
  • The company faces contractual risks with its suppliers, as it relies on a few suppliers for its raw materials. Any delay in delivering raw materials from these suppliers could negatively affect the company's business operations.
  • The company has experienced negative cash flows in the past, and if this trend continues, it could hinder its growth and impact its business operations.
  • The company has taken out unsecured loans from various body corporates, and these loans may be recalled at any time, which could affect the company's financial stability.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular74 - 78₹2 Lakh
High Networth Individual74 - 78₹2 - 5 Lakh
For Auro SME IPO, eligible investors can apply as Regular.
ⓒ 2016-2023 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 4.5.1
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK MAHINDRA |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  BANDHAN |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  IDBI |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ |  BAJAJ

ABOUT GROWW