Arunaya Organics IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Tue, 29 Apr 2025
Close Date
Fri, 02 May 2025
Price Band
₹ 55 – 58
Lot Size
2000
Issue Size
₹ 33.99 Cr
Minimum Investment
₹ 232,000 (4000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Arunaya Organics IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹33.99 Crore, comprising a fresh issue of 52.60 Lakh equity shares aggregating to ₹30.51 Crore and an offer for sale (OFS) of 6.00 Lakh equity shares aggregating to ₹3.48 Crore by the existing shareholders.
The Arunaya Organics IPO remained open for subscription from April 29, 2025, to May 02, 2025. The basis of allotment was finalized on May 05, 2025, and the company's shares were listed on NSE SME Platform on May 07, 2025.
The company had fixed the price band at ₹55 to ₹58 per share, with a lot size of 2000 shares. Retail investors were required to make a minimum investment of ₹232,000 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Unistone Capital Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Arunaya Organics Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Arunaya Organics IPO Timeline (Tentative)
- IPO Open Date
- Tue, 29 Apr 25
- IPO Close Date
- Fri, 02 May 25
- Basis of Allotment
- Mon, 05 May 25
- Initiation of Refunds
- Tue, 06 May 25
- Credit of Shares to Demat
- Tue, 06 May 25
- Listing Date
- Wed, 07 May 25 — NSE & BSE
Open Date
29 April 2025
Close Date
02 May 2025
Basis Of Allotment
05 May 2025
Listing Date
07 May 2025
IPO Subscription
Check Live Subscription →The Arunaya Organics IPO has received bids for 1,43,74,000 shares against 55,64,000 shares offered, resulting in an overall subscription of 2.58x. the NII category is subscribed 1.63x, Retail Investors 4.33x, and QIBs 1.01x.
QIB
1.01x
NII
1.63x
RII
4.33x
Total
2.58x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 22,25,600 shares, representing 40% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 11,12,800 shares (20%), while Non-Institutional Investors (NIIs) receive 22,25,600 shares (40%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 1,112,800 | 20% |
| Non-Institutional | 2,225,600 | 40% |
| Retail Investors | 2,225,600 | 40% |
| Total | 5,564,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Arunaya Organics Limited KPI Information
| Particular | KPI as of Sun, Mar 31, 2024. |
|---|---|
| ROE % | 44.15 |
| ROCE % | 55.71 |
| Debt / Equity | 1.19 |
| RoNW % | 36.27 |
| Pat Margin % | 6.52 |
Peers Comparison
No Peer Comparision Available
About Arunaya Organics Limited
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.
Arunaya Organics IPO Promoters
- Vinod Agrawal
- Shivali Agrawal
Promoters Holding
Holding Pre Issue
91.72%
Holding Post Issue
0.00%
Arunaya Organics IPO Objective
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
Arunaya Organics Limited Address / Contact Details
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
Arunaya Organics IPO Lot Size
The Arunaya Organics IPO has a lot size of 2,000 shares. Retail investors require a minimum investment of ₹1,16,000 by applying for 1 lot (2,000 shares). The maximum application allowed for the retail category is 1 lots (2,000 shares), requiring an investment of ₹1,16,000.
| 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 |
Issue Reservation
- QIB — 20%
- NII — 40%
- RII — 40%
Book Running Lead Managers
- Unistone Capital Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Arunaya Organics IPO?
Arunaya Organics IPO is a Book-building IPO with a total issue size of ₹33.99 crore. The Arunaya Organics IPO price band is ₹55 to 58 per share. The Arunaya Organics IPO subscription opens on Tue, Apr 29, 2025, and closes on Fri, May 2, 2025. The Arunaya Organics IPO will be listed on the NSE. Bigshare Services Pvt Ltd is the registrar for the Arunaya Organics IPO.
When will the Arunaya Organics IPO open for subscription?
The Arunaya Organics IPO opens on Tue, Apr 29, 2025 and closes on Fri, May 2, 2025
What is Arunaya Organics IPO Price Band?
Arunaya Organics IPO Price Band is ₹55 to 58 per share.
What is Arunaya Organics IPO Lot Size?
Arunaya Organics IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹232000 based on the upper price band
What is the minimum investment for Arunaya Organics IPO?
The minimum investment for Arunaya Organics IPO is ₹232000, based on one lot of 2000 shares at the upper price band of ₹58 per share.
How to apply for Arunaya Organics IPO?
Investors can apply for the Arunaya Organics IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, May 2, 2025. The application amount remains blocked until the Arunaya Organics IPO allotment is finalized.
What is Arunaya Organics IPO Issue Size?
Arunaya Organics IPO issue size is ₹33.99 crores.
What is the Arunaya Organics IPO Allotment Date?
Arunaya Organics IPO allotment date is Mon, May 5, 2025.
Who is the Arunaya Organics IPO Registrar?
The registrar for Arunaya Organics IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Arunaya Organics IPO allotment status, refund processing, and other IPO-related information.
What is the Arunaya Organics IPO GMP?
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 10.34% over the issue price.
Who is the Arunaya Organics IPO Lead Manager?
The book-running lead managers (BRLMs) for the Arunaya Organics IPO are Unistone Capital Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Arunaya Organics IPO Red Herring Prospectus (RHP).