Auro Impex & Chemicals Limited is coming up with the book-built issue of equity shares in the IPO (Initial Public Offering). Auro Impex & Chemicals Limited IPO is expected to be issued from 11th May to 15th May 2023. 5,50,000 equity shares with a face value of Rs 10 per equity share are to be issued at Rs 74-78 per share in this IPO. Lets delve deeper into this upcoming IPO issue in May 2023.
About Auro Impex & Chemicals Limited
Auro Impex & Chemicals Limited is a member of the Auro Group and was founded in 1994.
Auro Impex & Chemicals manufactures, exports, and supplies Discharge & Collecting Electrodes, as well as other internal parts and spares for Electrostatic Precipitator (ESP) systems.
For Original Equipment Manufacturers (OEMs) and service providers, the company provides services including component sourcing, design, manufacturing, quality testing, and assembly of Collecting Electrodes of all profiles, Discharge Electrodes, Electromagnetic rapper, Tank Fabrication, and Duct Fabrication, as well as other ESP Internal spare parts.
Thermax Limited, Larsen & Toubro Limited, KC Cottrell India Private Limited, Isgec Heavy Engineering Limited, Hariaksh Industries Private Limited, Par Techno-Heat Pvt Ltd, Filter Flow Engineering Private Limited, Imeco Overseas Private Limited, and other Brand owners are just some of the well-known Original Equipment Manufacturers and Service Providers that Auro Impex & Chemicals works with to distribute their products.
Auro Impex & Chemicals IPO Issue Details
| Issue Type | Book Built IPO Issue |
| Issue Opens | 11th May 2023 |
| Issue Closes | 15th May 2023 |
| Face Value | Rs 10 Per Share |
| Issue Price | Rs 74 to 78 Rs Per Share |
| Lot size | 1600 Shares |
| Issue Size | 5,50,000 Shares (Rs 27 crores) |
| Listing | NSE, SME |
Purpose of the Issue
All of the Offer Proceeds will go to the Selling Shareholders in direct proportion to the number of Offered Shares sold by each Selling Shareholder in the Offer.
Auro Impex & Chemicals Limited — Company Contact Details
- Registered & Corporate Office: 740 A, Block P, New Alipore, Kolkata – 700053
- Telephone: +91 8240927251
- Website: https://auroimpex.com/
Auro Impex & Chemicals Limited IPO – Lead Managers of the Issue
Affinity Global Capital Market Private Limited
- Office Address: 20B, Abdul Hamid Street, East India House, 1st Floor, Room No. 1G, Kolkata 700069
- Telephone: +91 9032100650/ +91 8105766449
- Email: info@affinityglobalcap.in
Auro Impex & Chemicals Limited IPO – Registrar of the Issue
The registrar of this IPO issue is Cameo Corporate Services Limited
- Telephone: +91-44-28460390
- Email: investor@cameoindia.com
- Website: https://ipo.cameoindia.com/.
Auro Impex & Chemicals Limited IPO Issue Prospectus
Click here to read the Final Prospectus of this IPO Issue.
