Arunaya Organics IPO Details

Bookbuilding IPO | ₹34 Cr | Listed at NSE SME | Tue, Apr 29, 2025 - Fri, May 2, 2025

Arunaya Organics IPO Logo

Arunaya Organics IPO is a book build issue of ₹33.99 crores. The issue is a combination of fresh issue of 0.53 crore shares aggregating to ₹30.51 crores and offer for sale of 0.06 crore shares aggregating to ₹3.48 crores.

Arunaya Organics IPO bidding started from Apr 29, 2025 and ended on May 2, 2025. The allotment for Arunaya Organics IPO was finalized on May 5, 2025. The shares got listed on NSE SME on May 7, 2025.

Arunaya Organics IPO price band is set at ₹58 per share. The lot size for an application is 2,000. The minimum amount of investment required by an retail is ₹1,16,000 (2000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (4,000 shares), amounting to ₹2,32,000.

Unistone Capital Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is R.K.Stock Holding Pvt.Ltd..

Refer to Arunaya Organics IPO RHP for detailed Information.

IPO Open

Tue, Apr 29, 2025

IPO Close

Fri, May 2, 2025

Issue Price

₹58 per share

Market Cap (Pre-IPO)

₹101.72 Cr

IPO Details

IPO Date29 Apr to 2 May, 2025
Listed onWed, May 7, 2025
Face Value10 per share
Price Band₹55 to ₹58
Issue Price₹58 per share
Lot Size2,000 Shares
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtNSE SME

Total Issue Size58,60,000 shares
(agg. up to ₹34 Cr)
Reserved for Market Maker
2,96,000 shares
(agg. up to ₹2 Cr)
R.K.Stock Holding Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
49,64,000 shares
(agg. up to ₹29 Cr)
Offer for Sale6,00,000 shares of ₹10
(agg. up to ₹3 Cr)
Net Offered to Public55,64,000 shares
(agg. up to ₹32 Cr)
Share Holding Pre Issue1,22,78,432 shares
Share Holding Post Issue1,75,38,432 shares
NSE Symbol ARUNAYA
ISININE0TTG01017

IPO Timetable

Issue Reservation

Arunaya Organics IPO comprises a total issue size of 58,60,000 shares. The net offer to the public is 55,64,000 shares, after excluding 2,96,000 shares allotted on a firm basis. Of the Net offer 11,12,000 (19.99%) are allocated to QIB, 22,26,000 (40.01%) allocated to NII 22,26,000 (40.01%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 11,12,00019.99%18.98%
NII (HNI) Shares Offered 22,26,00040.01%37.99%
Retail Shares Offered 22,26,00040.01%37.99%
Firm Reservations
Market Maker Shares Offered 2,96,0005.05%
Total Shares Offered 58,60,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 2,000 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 2,000 ₹1,16,000
Retail (Max) 1 2,000 ₹1,16,000
HNI (Min) 2 4,000 ₹2,32,000
IPO Subscription Details

About Arunaya Organics Ltd.

Incorporated in 2010, Arunaya Organics Limited is engaged in the manufacturing and exporting of specialty dyes and intermediates.

The company has garnered a strong reputation for delivering high-quality chemical products across various industries, including textiles, paints, plastics, mining, and food processing.

The company's products are available in multiple forms, such as standardized spray-dried and tray-dried powders, granules, crude, reverse osmosis-treated products and salt free.

The company has a production facility located at C-8, GIDC Estate, Naroda, Ahmedabad-382330, Gujarat, India, with an annual capacity of approximately 30 metric tons.

Products:

  • Acid Dyes: Used on protein fibers like wool and nylon; applied in acid solution for strong bonding.
  • Basic Dyes: Water-soluble dyes for acrylic fibers; used in coloring paper, jute, soaps, and detergents.
  • Direct Dyes (Substantive Dyes): Applied in neutral/alkaline bath; suitable for cotton, paper, and cellulosic fibers; also pH indicators.
  • Solvent Dyes: Dissolve in organic solvents; used for coloring craft paper and in cosmetics for vivid effects.
  • Dye Intermediates: Chemical precursors for dyes; determine final color, stability, and performance in dye manufacturing process.

As of July 2024, the company had 36 employees.

Competitive Strengths:

  • Experienced and dedicated promoter and professional management team with extensive domain knowledge.
  • Wide product portfolio
  • R&D capability
  • Quality Assurance

Company Financials (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets60.7445.0438.6234.36
Total Income58.2162.7976.3762.26
Profit After Tax3.604.061.731.33
NET Worth16.7811.187.194.72
Reserves and Surplus4.5010.346.353.99
Total Borrowing13.8113.3013.179.90
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Setting up of a new manufacturing facility located at D-3/26/3, Dahej III, Industrial Estate, Dahej-392 130, Vagra, Bharuch, Gujarat (“Proposed Greenfield Project”); 11.79
2 Funding working capital requirements of the company 9.00
3 General corporate purposes 6.73

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)3.302.74
P/E (x)17.5521.21
Promoter Holding91.72%60.79%
Market Cap101.72 Cr.
Vinod Agrawal and Shivali Agrawal are the promoters of the company.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2024 available in RHP.

IPO Review

[Dilip Davda]
AOL is engaged in the manufacturing and trading of variety of dyes and its intermediaries. It marked inconsistency in its top lines for the reported periods. The sudden jump in bottom lines from FY24 onwards raises eyebrows and concern over its sustainability going forward. It is operating in a highly competitive and fragmented segment. Well-informed investors may park moderate funds for long term.
Read detail review...

Arunaya Organics IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0100
Members1000

Arunaya Organics IPO Subscription Status (Bidding Detail)

The Arunaya Organics IPO is subscribed 2.53 times on May 2, 2025 6:19:58 PM (Day 3). The public issue subscribed 4.33 times in the retail category, 1.01 times in the QIB category, and 1.49 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid forTotal Application
QIB1.0111,12,00011,20,0003
NII*1.4922,26,00033,22,000371
Retail4.3322,26,00096,36,0004,818
Total2.5355,64,0001,40,78,0005,192

Total Application : 5,192

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Offer relating expenses such as fees to Book Running Lead Manager Fixed Fee, Registrar to the Offer, Legal Advisors, Auditors, statutory advertisements and other expenses incurred / to be incurred including promotional expenses. 0.70
2 Underwriting commission, brokerage and selling commission (including Commission/ processing fees for SCSBs, Sponsor Bank, Members of the Syndicate, Registered Brokers, RTAs and CDPs. 2.20
3 Listing fees, Stock Exchange processing/ listing fees, software fees, Depositories’ fees, other regulatory expenses and sundry expenses. 0.10

Listing Day Trading Information

Price DetailsNSE SME
Final Issue Price58.00
Open30.10
Low29.05
High31.60
Last Trade31.60

Check IPO Performance…

IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

Arunaya Organics Ltd. Address
C-8,
GIDC Phase-II,
Naroda,
Ahmedabad, Gujarat, 382330
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IPO FAQs

Arunaya Organics IPO is a SME IPO of 58,60,000 equity shares of the face value of ₹10 aggregating up to ₹34 Crores. The issue is priced at ₹58 per share. The minimum order quantity is 2000.

The IPO opens on Tue, Apr 29, 2025, and closes on Fri, May 2, 2025.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Arunaya Organics IPO using UPI as a payment gateway. Zerodha customers can apply in Arunaya Organics IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Arunaya Organics IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Arunaya Organics IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Arunaya Organics IPO opens on Tue, Apr 29, 2025 and closes on Fri, May 2, 2025.

Arunaya Organics IPO lot size is 2000, and the minimum amount required for application is ₹1,16,000.

You can apply in Arunaya Organics IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Arunaya Organics IPO will be done on Monday, May 5, 2025, and the allotted shares will be credited to your demat account by Tue, May 6, 2025. Check the Arunaya Organics IPO allotment status.

The Arunaya Organics IPO listing date is on Wed, May 7, 2025.

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