Arunaya Organics IPO
Open SmeCurrent GMP
₹6 (+10.34%)
Price Band
₹ 55 – 58
Lot Size
2000
Issue Size
₹33.99 Cr
Minimum Investment
₹232000 (4000 Shares)
Listing Date
07 May 2025
Subscription
2.58x
About the Company
Arunaya Organics Limited is an Indian chemical company engaged in the manufacturing and trading of dyes and dye intermediates, catering primarily to the textile and paper industries. The company began its operations in 2010 as Arunaya Organics Private Limited and was later converted into a public limited company on January 1, 2024, following a special resolution passed on December 15, 2023. Its Corporate Identification Number (CIN) is U24100GJ2010PLC061794. Headquartered in Ahmedabad, Gujarat, the company operates a production facility located at C-8, GIDC Estate, Naroda, with an annual installed capacity of 30 metric tons.
Arunaya offers a diverse product range that includes reactive, acid, basic, direct, and solvent dyes, as well as dye intermediates. These products are supplied in various forms such as spray-dried and tray-dried powders, granules, crude, reverse osmosis-treated, and salt-free variants. Additionally, the company provides specialty performance chemicals specifically tailored for use in paper and textile dyeing processes. Its operations serve both domestic and international markets, with key trading activities targeting customers in Gujarat, Brazil, and China.
The company operates through three business segments: manufacturing, trading, and job work. In the manufacturing segment, Arunaya follows a detailed production process that includes procurement, inspection, synthesis, drying, blending, and final packaging. The company is certified under ISO 9001:2015 and ISO 14001:2015, reflecting its commitment to quality and environmental standards. In its trading segment, Arunaya sources dyes from Gujarat and China and supplies them to various industries, maintaining strong supplier relationships and a robust inventory system to meet market demand efficiently.
A significant portion of Arunaya’s manufacturing is outsourced to its group company, Chinmay Chemicals Private Limited, under a formal Job Work Agreement signed on May 15, 2024. Under this agreement, Arunaya provides raw materials such as metaphenylene diamine, Amino C Acid, Alpha Naphthyl Amine, Mixed Cleves Acid, and Soda Ash, along with specific production instructions. Chinmay Chemicals processes around 70–75% of the manufacturing tasks, after which Arunaya finalizes the product through drying, blending, and packaging. Chinmay Chemicals is compensated through an agreed-upon job work processing fee.
Strategically located in Naroda, the company benefits from proximity to Mundra Port and ICD Ahmedabad, enabling efficient logistics, raw material procurement, and product distribution. The company is led by its promoter, Mr. Vinod Agrawal, a first-generation entrepreneur with extensive experience in the dye industry. He is supported by a seasoned and dedicated management team that has played a key role in the company’s sustained growth and development across all operational areas.
Promoters
- Vinod Agrawal
- Shivali Agrawal
Promoters Holding
Holding Pre Issue
91.72%
Holding Post Issue
0.00%
Objects of the Issue
Company proposes to utilize the Net Proceeds from the Offer towards the following objects:
- Setting up of a new manufacturing facility located at D-3/26/3, Dahej III, Industrial Estate, Dahej-392130, Vagra, Bharuch, Gujarat (“Proposed Greenfield Project”);
- Funding working capital requirements of our company; and
- General corporate purposes
Address / Contact Info
Arunaya Organics Limited
C-8, GIDC Phase-II Naroda
Ahmedabad- 382330
Gujarat
Phone: +91 7779018165
Email: info@arunayaorganics.com
Website: http://www.arunayaorganics.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 29 April 2025
IPO Close Date
Friday, 02 May 2025
Basis of Allotment
Monday, 05 May 2025
Initiation of Refunds
Tuesday, 06 May 2025
Credit of Shares to Demat
Tuesday, 06 May 2025
Listing Date
Wednesday, 07 May 2025 — NSE & BSE
Important Dates
Open Date
29 April 2025
Close Date
02 May 2025
Basis Of Allotment
05 May 2025
Listing Date
07 May 2025
Financial Performance (₹ in Crores)
| Particular | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 60.74 | 45.04 | 38.62 | 34.36 |
| Revenue | 58.21 | 62.79 | 76.37 | 62.26 |
| Profit After Tax | 3.6 | 4.06 | 1.73 | 1.33 |
| Net Worth | 16.78 | 11.18 | 7.19 | 4.72 |
| Reserve & Surplus | 4.5 | 10.34 | 6.35 | 3.99 |
| Total Borrowings | 13.81 | 13.3 | 13.17 | 9.9 |
EPS Pre
3.30%
EPS Post
2.74%
P/E Pre
17.55
P/E (Post Issue)
21.21x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Sun, Mar 31, 2024. |
|---|---|
| ROE % | 44.15 |
| ROCE % | 55.71 |
| Debt / Equity | 1.19 |
| RoNW % | 36.27 |
| PbW | 0 |
| Pat Margin % | 6.52 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 1112800 | 20 | 0 |
| Non-Institutional | 2225600 | 40 | 0 |
| Retail Investors | 2225600 | 40 | 0 |
| Total | 5564000 | 100 | 0 |
Subscription Status ( Fri, 02 May 25 01:06 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1112800 | 1120000 | 1.01x |
| Non-Institutional | 2225600 | 3618000 | 1.63x |
| Retail Investors | 2225600 | 9636000 | 4.33x |
| Total | 5564000 | 14374000 | 2.58x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | 116,000.00 |
| Retail (Max) | 1 | 2,000 | 116,000.00 |
| S-HNI (Min) | 2 | 4,000 | 232,000.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Unistone Capital Pvt Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Arunaya Organics IPO is a Book-building IPO worth ₹33.99 crores. The price band is ₹55 to 58 per share. The IPO opens on Tue, Apr 29, 2025 and closes on Fri, May 2, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Arunaya Organics IPO opens on Tue, Apr 29, 2025 and closes on Fri, May 2, 2025
Arunaya Organics IPO Price Band is ₹55 to 58.
Arunaya Organics IPO lot size is 2000, and the minimum amount required for application is ₹232000.
The minimum investment for Arunaya Organics IPO is approximately ₹232000 based on the upper price band.
To apply for the Arunaya Organics IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, May 2, 2025. After submission, funds are blocked until the basis of allotment of Arunaya Organics IPO is finalised.
Arunaya Organics IPO issue size is ₹33.99 crores.
Arunaya Organics IPO allotment date is Sat, Jun 27, 2026.
The registrar for Arunaya Organics IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Arunaya Organics IPO through their official website or helpline.
The Arunaya Organics IPO GMP (Grey Market Premium) is ₹6 as of Fri, May 2, 2025. Based on the upper price band of ₹58 per share, the estimated Arunaya Organics IPO listing price is ₹64, indicating a potential listing gain of approximately 31% over the issue price.