Arunaya Organics SME IPO: A Detailed Overview for Investors
The IPO market is buzzing with activity, and Arunaya Organics is set to launch its SME IPO, offering investors a chance to participate in the growth story of a company specializing in dyes and dye intermediates. This comprehensive guide provides an in-depth look at the Arunaya Organics IPO, covering essential details, key dates, company financials, and more to help you make an informed investment decision.
IPO Overview
Arunaya Organics is launching its SME IPO to raise ₹33.99 Cr. The IPO will be open for subscription from April 29, 2025, to May 2, 2025. Here are some key highlights:
- Issue Size: ₹33.99 Cr
- Fresh Issue: ₹30.51 Cr
- Offer for Sale: ₹3.48 Cr
- Face Value: ₹10 per share
- Price Band: ₹55.00-58.00 per share
- Minimum Lot Size: 2000 shares (₹1,16,000)
- Listing: NSE SME
Key IPO Dates
Stay updated with the important dates for the Arunaya Organics SME IPO:
| Activity | Date |
|---|---|
| SME IPO Issue Opening Date | 29th Apr 2025 |
| SME IPO Issue Closing Date | 2nd May 2025 |
| Basis of Allotment Date* | 5th May 2025 |
| Refunds Initiation* | 6th May 2025 |
| Credit of Shares to Demat* | 6th May 2025 |
| SME IPO Listing Date* | 7th May 2025 |
*Tentative Dates
Lot Size Details
Investing in the Arunaya Organics IPO requires a minimum investment in a fixed lot size:
- Market Lot: 2,000 Shares
- 1 Lot Amount: ₹1,16,000
- Minimum HNI Lots: 4000 shares (2 lots) - ₹2,32,000
Grey Market Premium (GMP)
The Grey Market Premium (GMP) provides an unofficial indication of the potential listing price. As of 26-Apr-2025, the GMP for Arunaya Organics SME IPO is ₹0.
| Date | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 26-04-2025 | ₹58.00 | ₹0 | ₹58 (0.00%) |
Disclaimer: GMP prices are news-related and pertain to the grey market. We do not trade/deal in the grey market, nor do we recommend trading in it.
About Arunaya Organics
Arunaya Organics specializes in the trading and manufacturing of various dyes and dye intermediates. Their product range includes:
- Reactive dyes
- Acid dyes
- Direct basic dyes
- Solvent dyes
- Dye intermediates
The company also supplies specialty performance chemicals to the paper and textile industries, catering to both domestic and international markets. Their production facility is located in Naroda, Ahmedabad, Gujarat, with an annual capacity of 30 metric tons.
Business Segments
- Manufacturing: Production of dye products such as Acid, Basic, Intermediates, Solvent, and Direct dyes.
- Trading: Sourcing, selling, and transporting dyes to the textile and paper industries.
- Job work: Collaboration with Chinmay Chemicals for the supply of various chemicals.
Company Strengths
- Wide range of product portfolio.
- Strong Research and Development (R&D) capability.
- Experienced promoters and management with strong domain knowledge.
IPO Objectives
Arunaya Organics intends to utilize the Net Proceeds from the IPO for the following purposes:
- Setting up a new manufacturing facility in Dahej, Gujarat.
- Funding working capital requirements.
- General corporate purposes.
Financial Information (Restated)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 60.74 | 45.04 | 38.62 | 34.36 |
| Revenue | 58.21 | 62.79 | 76.37 | 62.26 |
| Profit After Tax | 3.6 | 4.06 | 1.73 | 1.33 |
| Net Worth | 16.78 | 11.18 | 7.19 | 4.72 |
| Total Borrowing | 13.81 | 13.3 | 3.17 | 9.9 |
Amount in ₹ Crore
Peer Comparison
Here's a comparison of Arunaya Organics with its peers:
| Company | EPS Basic | EPS Diluted | NAV | P/E (x) | RoNW |
|---|---|---|---|---|---|
| Arunaya Organics Limited | 3.95 | 3.95 | 10.88 | 36.27 | NA |
| Vipul Organics Ltd | 2.57 | 2.57 | 44.75 | 72.94 | 5.73 |
| Mahickra Chemicals Limited | 1.32 | 1.32 | 41.03 | 81.43 | 3.22 |
| Ducol Organics And Colours Limited | 3.05 | 3.05 | 34.96 | 7.06 | NA |
Company Information
- Company Address: C-8, GIDC Phase-II, Naroda, Ahmedabad, Gujarat-382330, India
- Website: http://www.arunayaorganics.com/
- Phone: +91 7779018165
- Email: [email protected]
IPO Registrar
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Website: https://ipo.bigshareonline.com/IPO_Status.html
Phone: +91-22-6263 8200
Email: [email protected]
Lead Manager
Unistone Capital Pvt Ltd
Conclusion
The Arunaya Organics SME IPO presents an opportunity to invest in a company with a diverse product portfolio and growth potential in the dyes and dye intermediates sector. By carefully analyzing the company's financials, objectives, and key IPO details, investors can make a well-informed decision. It's advisable to consult with financial advisors before investing in any IPO.
Disclaimer: The information provided in this blog post is for informational purposes only and does not constitute financial advice. Investors are advised to conduct their own research and consult with a qualified financial advisor before making any investment decisions. InvestorGain.com is not liable for any losses incurred based on the information provided.