SME IPO Details

Published : 3  May 2023

Open Date

11 May 2023

15 May 2023


₹  20.00 Cr

Close Date

Lot Size

IPO Size

Listing At


Listing Date

23 May 2023

Price Range

₹74 to ₹78 per share

Auro Impex & Chemicals is engaged in manufacturing, exporting, and supply of Discharge & Collecting Electrodes, and Electrostatic Precipitator (ESP) internal parts and spares.

The IPO comprise of a fresh issue of equity shares aggregating to ₹20 crores.

The company intends to utilize the net proceeds from the issue towards the funding of the following objects: 1.    To meet the working capital requirements. 2.    General corporate purpose and to meet the issue expenses.

The minimum lot size and investment required for the Auro Impex & Chemicals Limited IPO is 1600 shares.

18th May 2023 is the allotment date of Auro Impex & Chemicals Limited IPO.

Mr. Madhusudan Goenka and Mr. Praveen Kumar Goenka are the company promoters.

Affinity Global Capital Market Private Limited are the book running lead managers to the issue.