
Chemicals · NSE
Incorporated in 1994, Auro Impex & Chemicals Limited, part of the Auro Group, is engaged in the manufacturing, exporting, and supply of discharge and collecting electrodes, as well as Electrostatic Precipitator (ESP) internal parts and spares. The company produces collecting electrodes of all profiles, discharge electrodes, electromagnetic rappers, tank and duct fabrications, and other ESP components for OEMs and service providers, covering sourcing, designing, manufacturing, and quality testing. Its products are supplied to reputed clients including Thermax Limited, Larsen & Toubro Limited, KC Cottrell India Private Limited, Isgec Heavy Engineering Limited, and other prominent OEMs.
Price Band
₹74 – ₹78
Issue Size
₹27.00 Cr
Lot Size
1600 shares
GMP
+2.6%
Est. Listing
₹80
at current GMP
Subscribed
66.93x
overall
Open
11 May 2023
Close
15 May 2023
Allotment
18 May 2023
Refund
19 May 2023
Demat Credit
20 May 2023
Listing
23 May 2023
Overall Subscription
66.93x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,730,769 | — | 0.00x |
| Non-Institutional (NII / HNI) | 519,231 | — | 0.00x |
| Retail Individual (RII) | 1,211,538 | — | 0.00x |
| Total | 3,461,538 | 0 | 66.93x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 757 | 50,666 | 66.93x |
| HNIs (10L +) | 5 | 335 | 67.00x |
| HNIs (2-10L) | 23 | 1,539 | 66.91x |
| Total Applications | 785 | 52,540 | 66.93x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Auro Impex & Chemicals Limited is bringing an initial public offering (IPO) in the Chemicals sector with an aggregate issue size of ₹27 Crores. The shares are offered at a price band of ₹74 to ₹78 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,24,800 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-05-20, while un-allotted funds or UPI block mandates will be released on 2023-05-19.
The latest Grey Market Premium (GMP) for Auro Impex & Chemicals Limited IPO is ₹2 per equity share. Based on the upper price band of ₹74 to ₹78 per equity share, the estimated listing price is ₹80 (+2.6% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹2, the expected profit per application lot is approx ₹3,200 (+2.6% gain). Minimum application cost is approx ₹1,24,800.
The Auro Impex & Chemicals Limited IPO aggregate issue size is ₹27 Crores with an equity price band set at ₹74 to ₹78 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,24,800.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 66.93x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2023-05-18. Investors can verify status using PAN card or application number.
Auro Impex & Chemicals Limited shares are scheduled to list on NSE on 2023-05-23.