Arunaya Organics IPO 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 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.