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Auro Impex & Chemicals Limited
Issue Size (Net)
up to Rs.27.07 Cr
Price Band
Rs.74 to Rs.78 per share
Issue Opens
11-May-23
Issue Closes
15-May-23

Company Highlights

1.Company Information

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.

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

Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company and one of the Material Subsidiaries, i.e. Avalon Technology and Services Private Limited (ATSPL);

1.To meet the working capital requirements.

2.General corporate purpose and to meet the issue expenses.

4. Auro Impex & Chemicals IPO Registra Details
Cameo Corporate Services Limited

Phone:+91-44-28460390

Email: investor@cameoindia.com

Website:https://ipo.cameoindia.com/

Auro Impex & Chemicals Limited Financial Information (Restated Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-20
2,841.42
3,760.98
27.01
322.62
31-Mar-21
3,360.59
7,372.70
90.54
413.16
31-Mar-22
6,219.56
15,184.93
230.03
1,155.04
1,077.70
3,679.97
31-Mar-23
8,228.09
23,296.54
599.92
1,754.96
826.88
4,875.92
Amount in Rs. Crore

Auro Impex & Chemicals IPO Details

Issue Opening Date
11 May-23
Issue Closing Date
15 may-23
Listing Date
[.]
Face Value
Rs.10 per share
Price
Rs.74 to Rs.78 per share
Lot Size
1600 Shares
Issue Size
3,470,400 shares (aggregating up to Rs.27.07 Cr)
Fresh Issue
2,920,000 shares (aggregating up to Rs.[.] Cr)
Offer for Sale
550,400 shares of Rs.10 (aggregating up to Rs.[.] Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
  • SSL
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