Arunaya Organics IPO
Arunaya Organics is launching its IPO through a book-building process, aiming to raise around ₹33.99 crores. This offering is a mix of a fresh issue consisting of 52.60 lakh shares valued at approximately ₹30.51 crores and an offer for sale of 6 lakh shares aggregating to ₹3.48 crores.
The IPO will be available for subscription from April 29, 2025, to May 2, 2025. The share allotment is expected to be finalized by May 5, 2025, with the company’s shares anticipated to list on the NSE SME platform on May 7, 2025.
The price range for the Arunaya Organics IPO is fixed between ₹55 and ₹58 per share. Investors applying under the retail category must bid for a minimum lot size of 2,000 shares. At the highest price band of ₹58, the minimum investment amount for retail applicants is around ₹1,16,000. Although the basic minimum investment is about ₹1,10,000, investors are advised to apply at the cutoff price to improve their chances in case of oversubscription. High Net-Worth Individuals (HNIs) are required to invest in a minimum of two lots, equating to 4,000 shares, which totals to an investment of ₹2,32,000.
Unistone Capital Pvt Ltd is acting as the lead manager for the IPO, while Bigshare Services Pvt Ltd will handle the registrar responsibilities. The designated market maker for the Arunaya Organics IPO is R.K. Stock Holding Private Limited.
Arunaya Organics IPO important dates
Arunaya Organics is launching its Initial Public Offering (IPO) with the subscription window opening on April 29, 2025, and closing on May 2, 2025. Investors interested in participating must complete their applications and UPI mandate confirmations by 5 PM on May 2, 2025. The expected allotment of shares is scheduled for May 5, 2025, after which the initiation of refunds for unallocated shares will begin on May 6, 2025. On the same day, successful bidders will see the credit of shares to their Demat accounts.
The company’s shares are then expected to be listed on the stock exchange on May 7, 2025, subject to final confirmations. This schedule gives investors a clear timeline to plan their participation in Arunaya Organics’ public offering.
Arunaya Organics IPO Lot Size
The Arunaya Organics IPO has set a minimum lot size of 2,000 shares, with investors allowed to bid in multiples of this lot size. For retail investors, the minimum and maximum application is one lot, which corresponds to 2,000 shares at a total investment of ₹1,16,000. Meanwhile, High Net-Worth Individuals (HNI) must apply for a minimum of two lots, amounting to 4,000 shares and an investment of ₹2,32,000. This structure clearly defines the investment threshold for different categories of investors participating in the IPO.
Arunaya Organics IPO Reservation
In the Arunaya Organics IPO, the share allocation is structured to ensure fair participation across investor categories. Qualified Institutional Buyers (QIBs) are allotted not more than 20% of the net offer. Meanwhile, retail investors are assured not less than 40% of the net offer, giving them significant opportunity in the IPO. Similarly, the Non-Institutional Investors (NII or HNI) category is also allocated not less than 40% of the net offer. This reservation structure highlights a strong focus on retail and HNI participation, promoting broader market involvement.
Arunaya Organics Promoters
The promoters of Arunaya Organics are Vinod Agrawal and Shivali Agrawal, who play a pivotal role in the company’s leadership and strategic direction. Before the IPO, the promoters collectively held a significant 91.72% shareholding in the company. This strong promoter holding reflects a high level of confidence and commitment towards the business, which can be reassuring for prospective investors considering participation in the IPO.
About Arunaya Organics Limited
Established in 2010, Arunaya Organics Limited specializes in the production and export of specialty dyes and chemical intermediates. Over the years, the company has built a solid reputation for delivering superior-quality chemical products to a range of industries such as textiles, paints, plastics, mining, and food processing. Their product offerings come in various forms like standardized spray-dried and tray-dried powders, granules, crude forms, reverse osmosis-treated products, and salt-free options. Their manufacturing plant is situated at C-8, GIDC Estate, Naroda, Ahmedabad, Gujarat, with a production capacity of around 30 metric tons annually.
Product Portfolio
Arunaya Organics manufactures several types of dyes and intermediates:
- Acid Dyes: Ideal for protein fibers like wool and nylon, these dyes are applied in acidic environments to achieve strong adhesion.
- Basic Dyes: Water-soluble dyes mainly used for coloring materials such as acrylic fibers, paper, jute, soaps, and detergents.
- Direct Dyes: Suitable for application in neutral or alkaline baths, these dyes are perfect for cotton, paper, and cellulosic fibers and are also used as pH indicators.
- Solvent Dyes: These dyes dissolve in organic solvents and are commonly used to color craft paper and cosmetics to produce vivid colors.
- Dye Intermediates: These are essential chemical precursors that influence the final color, stability, and performance of dyes during the manufacturing process.
Company Workforce and Strengths
As of July 2024, Arunaya Organics employed a workforce of 36 individuals. The company prides itself on its competitive advantages, which include a committed promoter group and a professional management team with deep industry expertise. Their broad product range, strong research and development capabilities, and stringent quality assurance processes further enhance their market standing.
Arunaya Organics IPO Objectives
Arunaya Organics Limited plans to utilize the proceeds from its IPO for three primary objectives. Firstly, the company intends to invest approximately ₹11.79 crore in establishing a new manufacturing facility at D-3/26/3, Dahej III, Industrial Estate, Dahej, Vagra, Bharuch, Gujarat, under its “Proposed Greenfield Project”. Secondly, around ₹9.0 crore will be allocated towards meeting the working capital requirements of the company. Lastly, a portion of the proceeds will be reserved for general corporate purposes.
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Arunaya Organics Financials
Period Ended | Assets (₹ lakh) | Revenue (₹ lakh) | Profit After Tax (₹ lakh) | Net Worth (₹ lakh) | Reserves and Surplus (₹ lakh) | Total Borrowing (₹ lakh) |
---|---|---|---|---|---|---|
31 Dec 2024 | 6,074 | 5,821 | 360 | 1,678 | 450 | 1,381 |
31 Mar 2024 | 4,504 | 6,279 | 406 | 1,118 | 1,034 | 1,330 |
31 Mar 2023 | 3,862 | 7,637 | 173 | 719 | 635 | 1,317 |
31 Mar 2022 | 3,436 | 6,226 | 133 | 472 | 399 | 990 |
Here’s a well-organized table summarizing all the important facts about Arunaya Organics IPO you asked for:
Category | Details |
---|---|
IPO Name | Arunaya Organics Limited IPO |
IPO Type | Book-building process |
Total Issue Size | ₹33.99 crore |
Fresh Issue | 52.60 lakh shares (₹30.51 crore) |
Offer for Sale | 6 lakh shares (₹3.48 crore) |
Price Band | ₹55 – ₹58 per share |
Minimum Lot Size | 2,000 shares |
Minimum Retail Investment | ₹1,16,000 (at ₹58 per share) |
Minimum HNI Investment | 4,000 shares (₹2,32,000) |
IPO Subscription Dates | April 29, 2025 – May 2, 2025 |
Allotment Date | May 5, 2025 |
Refund Initiation Date | May 6, 2025 |
Credit to Demat Accounts | May 6, 2025 |
IPO Listing Date | May 7, 2025 |
Listing Platform | NSE SME |
Lead Manager | Unistone Capital Pvt Ltd |
Registrar | Bigshare Services Pvt Ltd |
Market Maker | R.K. Stock Holding Private Limited |
Promoters | Vinod Agrawal and Shivali Agrawal |
Promoters’ Holding (Pre-IPO) | 91.72% |
IPO Reservation | QIB: ≤20%, Retail: ≥40%, NII/HNI: ≥40% |
Company Sector | Specialty Dyes and Chemical Intermediates |
Founded | 2010 |
Manufacturing Plant Location | Naroda, Ahmedabad, Gujarat |
New Manufacturing Facility Location | Dahej III, Industrial Estate, Bharuch, Gujarat |
Employees (as of July 2024) | 36 |
IPO Objectives | 1. Greenfield Project setup (₹11.79 crore) 2. Working Capital (₹9.0 crore) 3. General Corporate Purposes |
Arunaya Organics IPO Registrar Details
Registrar Name: Bigshare Services Pvt Ltd
Contact Information:
- Phone: +91-22-6263 8200
- Email: ipo@bigshareonline.com
- Website: https://ipo.bigshareonline.com/IPO_Status.html
Disclaimer: This content is about intended solely for educational and informational purposes and should not be interpreted as financial or investment advice. The information presented is derived from publicly available sources and independent analysis; however, its accuracy or completeness is not guaranteed. Readers are encouraged to conduct their own due diligence and seek guidance from a professional financial advisor before making any investment decisions. Neither the author nor stoxmail.com assumes responsibility for any financial losses or investment actions taken based on this article.