Auro Impex and Chemicals Limited

11 May 2023 - 15 May 2023 Individual Category IPO NSE

Min Investment

₹124800

Price Band

₹74-₹78

Issue Size

27 lakhs
Equity Shares

Lot Size

1600

IPO Dates
img

11 May 2023

Open Date

img

15 May 2023

Close Date

img

18 May 2023

Allotment Date

img

23 May 2023

Listing Date

Auro Impex & Chemicals Limited, a manufacturer, exporter, and supplier of Discharge & Collecting Electrodes, and Electrostatic Precipitator (ESP) internal parts and spares IPO worth Rs. 27 crores opens on 11th May and closes on 15th May.  The issue consists of a fresh issue of equity shares aggregating to ₹27 crores. The price band for the issue is fixed at Rs. 74 to Rs.78 per share. The GMP premium is trading at Rs. 10.  The lot size is set for 1600 shares per lot. The shares will be allotted on the 18th of May and the issue will be listed on the 23rd of May on the stock exchanges.  The book running lead managers to the offer namely, Affinity Global Capital Market Pvt Ltd

Know Before Investing

Strengths icon

Weaknesses icon

About Auro Impex And Chemicals Limited

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.

Founded

2022

Managing Director

xyz

Parent Organization

IPO Objectives

The company intends to utilize the net proceeds from the issue towards the funding of the following objects: To meet the working capital requirements. General corporate purpose and to meet the issue expenses.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
img

How to Apply for IPO

img img

Login

Login to your Bigul Account

Select Lots & Price

Choose the number of lots and price

UPI ID

Enter your UPI ID

UPI Mandate Request

A UPI Mandate Request Triggered

Approve Mandate

Approve the UPI Mandate Request

IPO Allotment

YES Share will be credited. and the amount will be debited

Close

Let's Open Free Demat Account