April 26, 2025
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What was the last grey market premium of Arunaya Organics IPO?
Rs. 0
Listing Review: Will update on listing.
Subscription status of Arunaya Organics IPO
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Arunaya Organics IPO Price Rs. Lot 200 shares, Rs. – Crore |
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| QIB | NII x | RII x | Total x | Applications |
| Note: | ||||
Arunaya Organics Allotment Link:
What is the business of Arunaya Organics?
Arunaya Organics Limited, incorporated in 2010, specializes in the manufacturing and export of specialty dyes and intermediates. The company has established a solid reputation for supplying high-quality chemical products to a diverse range of industries, including textiles, paints, plastics, mining, and food processing.
Its product portfolio includes standardized spray-dried and tray-dried powders, granules, crude extracts, reverse osmosis-treated variants, and salt-free formulations.
The company’s manufacturing facility, located at C-8, GIDC Estate, Naroda, Ahmedabad-382330, Gujarat, India, operates with an annual production capacity of approximately 30 metric tons.
Get more information about the company @ : http://www.arunayaorganics.com/
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Arunaya Organics IPO Details |
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| IPO opens on | 29 April 2025 |
| IPO closes on | 2 May 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 5860000 Shares / Rs 33.99 Crore |
| * Fresh Issue | 5860000 Shares / Rs 33.99 Crore |
| * Offer for Sale – | – shares / Rs.- crore |
| Market Maker Portion | 296000 Shares |
| Net offer to Public | 5564000 Shares/ Rs 32.27 Crore |
| Face Value per share | Rs. 10 |
| Price Band | Rs. 55-58 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 2000 Shares |
| Listing will at | NSE SME |
Shares offered in IPO |
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| Shares | Rs. (Crore) | |
| QIB (20%) | 111280 | 6.45 |
| HNI (40%) | 222560 | 12.91 |
| RII (40%) | 222560 | 12.91 |
| Total Shares | 5564000 | 32.27 |
| Retail portion will be oversubscribed by |
111 | |
| Forms | ||
| How much Shares to Apply in this IPO? | ||
| Min Retail Application | 2000 Shares | Rs.116000 |
| Min HNI Application | 4000 Shares | Rs. 232000 |
Who are the Promoters of Arunaya Organics?
Vinod Agrawal and Shivali Agrawal are the promoters of the company
What are the Objects of Arunaya Organics IPO?
The Company proposes to utilize the Net Proceeds towards funding of the following objects:
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Setting up of a new manufacturing facility located at D-3/26/3, Dahej III, Industrial Estate, Dahej-392 130, Vagra, Bharuch, Gujarat
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Funding to meet working capital requirements
- General Corporate Purpose
Tentative timetable |
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| IPO opens on | 29 April 2025 |
| IPO Closes on | 2 May 2025 |
| IPO Allotment on | 5 May 2025 |
| Refund Initiation | 6 May 2025 |
| Credit of Shares | 6 May 2025 |
| Listing on | 7 May 2025 |
| Registered Office of the Company Arunaya Organics Limited C-8, GIDC Phase-II, Naroda, Ahmedabad |
| Who is the Lead Manager of this IPO? Unistone Capital Pvt Ltd |
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Who is the Registrar to IPO? Bigshare Services Pvt Ltd |
Arunaya Organics IPO GMP grey market premium, review, Subscription, allotment, listing estimate
| Arunaya Organics IPO Financial & Analytical Ratios | |||
| Period | 2425-9m | 23-24 | 22-23 |
| Assets | 60.74 | 45.04 | 38.62 |
| Revenue | 58.21 | 62.79 | 76.37 |
| Profit After Tax | 3.6 | 4.06 | 1.73 |
| Net Worth | 16.78 | 11.18 | 7.19 |
| Reserves and Surplus | 4.5 | 10.34 | 6.35 |
| Total Borrowing | 13.81 | 13.3 | 13.17 |
| Amount in Rs. Crore | |||
Key Performance
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| Price/EPS of 23-24 | 17.55 |
| Price/BV Ratio | 5.29 |
| Debt/Equity Ratio | 1.19 |
How Arunaya Organics IPO compares with the Peers?
| Company | EPS (Basic) | P/E (x) | RoNW (%) | P/BV Ratio |
| Arunaya Organics | 3.95 | 36.27 | 5.8 | |
| Vipul Organics | 2.57 | 72.94 | 5.73 | |
| Mahickra Chemicals | 1.32 | 81.43 | 3.22 | |
| Ducol Organics | 3.05 | 34.96 | 7.06 |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Arunaya Organics IPO Review by Paresh Gordhandas, CA & Research Analyst.
Arunaya Organics Limited, incorporated in 2010, specializes in the manufacturing and export of specialty dyes and intermediates. The company has established a solid reputation for supplying high-quality chemical products to a diverse range of industries, including textiles, paints, plastics, mining, and food processing.
In FY 2022–23, the company reported a net profit of Rs.1.33 crore on a total income of Rs.62.26 crore. However, in the year immediately preceding its IPO, net profit surged to Rs.4.06 crore on a marginally higher income of Rs.62.79 crore. This significant spike in profitability warrants closer examination.
Additionally, as of December 31, 2024, the company’s inventory levels have risen sharply compared to previous years, indicating a notable shift in operational dynamics. This trend merits further scrutiny and detailed clarification.
Despite the sharp increase in profits, the shares are being offered at what appears to be a reasonable valuation.
+ from fundamental angle: So-so
+ from grey market angle: So-so
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