Arunaya Organics is launching its IPO with a book-built issue of ₹33.99 crores, consisting of a fresh issue worth ₹30.51 crores and an offer for sale of 6 lakh equity shares amounting to ₹3.48 crores. The IPO will open for subscription on April 29, 2025, and close on May 2, 2025.
The shares are priced in the range of ₹55 to ₹58 per share, and the IPO is set to list on the NSE SME platform with a tentative listing date of May 7, 2025. The allotment is expected to be finalized on May 5, 2025.
The minimum application size for retail investors is 1 lot (2,000 shares), requiring an investment of ₹1,10,000. However, investors are advised to bid at the cutoff price, making the total investment around ₹1,16,000 to increase chances of allotment in case of oversubscription.
For HNI investors, the minimum is 2 lots (4,000 shares), which amounts to ₹2,32,000. The quota distribution stands at 40% for retail investors, 40% for HNIs, and 20% for QIBs.
Financially, the company has shown impressive growth in profitability, with profits rising from ₹1.73 crores in FY 2023 to ₹4.06 crores in FY 2024, even though revenue dipped slightly from ₹76.37 crores to ₹62.79 crores.
Considering the improved profitability and the funds being raised through the IPO, Arunaya Organics shows promise as a long-term investment opportunity.
Arunaya Organics Limited, established in 2010, is a specialty chemical company engaged in the manufacturing and export of high-quality dyes and dye intermediates. The company has built a solid reputation for supplying reliable chemical solutions to various industries such as textiles, plastics, paints, mining, and food processing. Their product range includes acid dyes, basic dyes, direct dyes, solvent dyes, and dye intermediates—available in multiple forms like spray-dried and tray-dried powders, granules, crude, salt-free, and reverse osmosis-treated variants.
Their manufacturing unit is located at C-8, GIDC Estate, Naroda, Ahmedabad, Gujarat, with an annual production capacity of around 30 metric tons. Backed by a strong R&D team, quality assurance systems, and a professional management team with deep industry knowledge, the company continues to deliver value to its clients. As of July 2024, they have a workforce of 36 employees.
To support future growth and expand operations, Arunaya Organics is coming up with an IPO worth ₹33.99 crores, consisting of a fresh issue and offer for sale. With their wide product range, consistent quality, and customer-focused approach, the company aims to strengthen its position in both domestic and global markets.
Overview of Contents
Arunaya Organics IPO Overview
| Attribute | Details |
|---|---|
| Type of Issue | Book Built Issue |
| Stock Exchange for Listing | NSE SME |
| Face Value per Share | ₹10 |
| IPO Price Range | ₹55 to ₹58 per equity share |
| Lot Size | 2,000 shares |
| Minimum Investment - Retail | ₹1,10,000 |
| Minimum Investment - HNI | ₹2,32,000 (2 lots - 4,000 shares) |
| Total Issue Size | 58,60,000 shares (Approx ₹33.99 Crores) |
| Fresh Equity Issue | 52,60,000 shares (Approx ₹30.51 Crores) |
| Offer for Sale (OFS) | 6,00,000 shares (Approx ₹3.48 Crores) |
| Pre-IPO Shareholding | 1,22,78,432 shares |
| Post-IPO Shareholding | 1,75,38,432 shares |
| Market Maker Reservation | 2,96,000 shares |
| Retail Investor Quota | Not less than 40% of the net issue |
| HNI (NII) Quota | Not less than 40% of the net issue |
| QIB Quota | Not more than 20% of the net is |
Arunaya Organics IPO Dates
| Event | Scheduled Date |
|---|---|
| Opening of IPO Bidding | 29th April 2025 (Tuesday) |
| Closing of IPO Bidding | 2nd May 2025 (Friday) |
| Finalization of Allotment | 5th May 2025 (Monday) |
| Initiation of Refund Process | 6th May 2025 (Tuesday) |
| Shares Credited to Demat A/c | 6th May 2025 (Tuesday) |
| Expected Listing on NSE SME | 7th May 2025 (Wednesday) |
Objects of the Issue
- Setting up of a new manufacturing facility located at D-3/26/3, Dahej III, Industrial Estate, Dahej-392 130, Vagra, Bharuch, Gujarat (“Proposed Greenfield Project”);
- Funding working capital requirements of the company
- General corporate purposes.
Arunaya Organics IPO Lot Size
| Investor Type | Minimum Lots | Number of Shares | Total Investment |
|---|---|---|---|
| Retail (Minimum) | 1 Lot | 2,000 Shares | ₹1,16,000 |
| Retail (Maximum) | 1 Lot | 2,000 Shares | ₹1,16,000 |
| Small HNI (S-HNI) | 2 Lots | 4,000 Shares | ₹2,32,000 |
Arunaya IPO Prospectus
| DRHP | Click here |
| RHP | Click here |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Vipul Organics Limited | 2.57 | 72.94 | 5.73% | 44.75 | 150.08 Cr. |
| Mahickra Chemicals Limited | 1.32 | 81.43 | 3.22% | 41.03 | 71.92 Cr. |
| Ducol Organics & Colours Ltd | 3.05 | 34.96 | 7.06% | 43.15 | 75.41 Cr. |
Arunaya IPO Financial Performance
| Financial Year / Period | Total Income | Total Spend | Net Earnings | Total Assets |
|---|---|---|---|---|
| FY 2021-22 | ₹62.26 | ₹60.42 | ₹1.33 | ₹34.36 |
| FY 2022-23 | ₹76.37 | ₹73.97 | ₹1.73 | ₹38.62 |
| FY 2023-24 | ₹62.79 | ₹57.21 | ₹4.06 | ₹45.04 |
| 9M FY 2024-25 (Dec '24) | ₹58.21 | ₹52.48 | ₹3.60 | ₹60.74 |
Key Financial Ratios – Arunaya Organics (FY 2023-24)
| Metric | Data |
|---|---|
| Return on Equity (ROE) | 44.15% |
| Return on Capital Employed (ROCE) | 55.71% |
| Operating EBITDA Margin | 10.39% |
| Net Profit Margin | 6.52% |
| Debt-to-Equity Ratio | 1.19 |
| Earnings Per Share (EPS – Basic) | ₹3.95 |
| Price to Earnings (P/E) Ratio | Not Applicable |
| Return on Net Worth (RoNW) | 36.27% |
| Book Value per Share (NAV) | ₹10.88 |
Arunaya Organics IPO Review
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Arunaya Organics IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html
IPO Lead Managers aka Merchant Bankers
- Unistone Capital Pvt Ltd
Company Address
- Arunaya Organics Limited
- C-8,
- GIDC Phase-II,
- Naroda,
- Phone: +91 7779018165
- Email: [email protected]
- Website: http://www.arunayaorganics.com/
Arunaya Organics IPO FAQs
What is the Arunaya Organics IPO opening and closing date?
The IPO opens on April 29, 2025, and closes on May 2, 2025.
What is the price band of Arunaya Organics IPO?
The price band is ₹55 to ₹58 per equity share.
What is the lot size for the Arunaya Organics IPO?
The minimum lot size is 2,000 shares.
What is the total issue size of Arunaya Organics IPO?
The total issue size is approximately ₹33.99 crores.
How much is the fresh issue in the IPO?
The fresh issue is around ₹30.51 crores.
Is there any Offer for Sale (OFS) in the Arunaya Organics IPO?
Yes, the Offer for Sale includes 6,00,000 shares worth around ₹3.48 crores.
On which exchange will Arunaya Organics IPO be listed?
It will be listed on the NSE SME platform.
What is the expected listing date for the Arunaya Organics IPO?
The tentative listing date is May 7, 2025.
What is the minimum investment for retail investors?
Retail investors need to invest at least ₹1,16,000 (1 lot = 2,000 shares).
What is the allotment date for Arunaya Organics IPO?
The basis of allotment is expected to be finalized on May 5, 2025.