Arunaya Organics Limited (NSE SME)
April 29, 2025 – May 2, 2025
| Price | ₹55 - ₹58 |
| Premium | ₹0 |
|---|---|
| Lot size | 2000 |
| Allotment | May 5, 2025 |
| Listing | May 7, 2025 |
C-8,
GIDC Phase-II,
Naroda,
Phone: +91 7779018165
Email: info@arunayaorganics.com
Website: http://www.arunayaorganics.com/
Last updated on 02-May-2025 17:01:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 1112000 | 1120000 | 1.01 |
| NIB | 2226000 | 3322000 | 1.49 |
| RETAIL | 2226000 | 9636000 | 4.33 |
| Total | 5564000 | 14078000 | 2.53 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| QIB | 3 |
| NIB | 371 |
| RETAIL | 4818 |
| Total | 5192 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 6.45 | 6.5 | 1.01 |
| NIB | 12.91 | 17.55 | 1.36 |
| RETAIL | 12.91 | 55.89 | 4.33 |
| Total | 32.27 | 79.94 | 2.48 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.1 | @8% ₹0.1 | @9% ₹0.1 | @10% ₹0.1 | @11% ₹0.1 | @12% ₹0.1 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.1 | @8% ₹0.1 | @9% ₹0.1 | @10% ₹0.2 | @11% ₹0.2 | @12% ₹0.2 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 116000 | 1113 |
| HNI | 2 | 4000 | 232000 | 1113 |
Arunaya Organics IPO Details
| Issue Size | 58,60,000 shares (aggregating up to ₹33.99 Cr) |
| Fresh Issue | 52,60,000 shares (aggregating up to ₹30.51 Cr) |
| Offer for Sale | 6,00,000 shares of ₹10 (aggregating up to ₹3.48 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,22,78,432 shares |
| Share Holding Post Issue | 1,75,38,432 shares |
| Market Maker Portion | 2,96,000 shares |
| Market Maker | R.K Stock Holding Private Limited |
Arunaya Organics IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 20% of the Net Offer |
| Retail Shares Offered | Not less than 40% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 40% of the Net Offer |
Key Performance Indicator (KPI)
| KPI | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 25.73% | 44.15% | 29.11% |
| ROCE | 37.24% | 55.71% | 35.50% |
| RONW | 21.44% | 36.27% | 24.11% |
| EPS (basic) | 3.09 | 3.95 | 1.69 |
| P/E Pre IPO | 17.55 | ||
| P/E Post IPO | 21.21 |
Company Financials In Crores
| Period Ended | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 60.7 | 45.0 | 38.6 | 34.36 |
| Revenue | 58.2 | 62.8 | 76.4 | 62.26 |
| Profit After Tax | 3.6 | 4.1 | 1.7 | 1.33 |
| Net Worth | 16.8 | 11.2 | 7.2 | 4.72 |
| Reserves and Surplus | 4.5 | 10.3 | 6.4 | 3.99 |
| Total Borrowing | 13.8 | 13.3 | 13.2 | 9.9 |
About Company
Incorporated in 2010, Arunaya Organics Limited is a specialty chemical manufacturer and exporter renowned for producing high-quality dyes and intermediates catering to a diverse range of industries, including textiles, paints, plastics, mining, and food processing. The company's product portfolio encompasses Acid Dyes, Basic Dyes, Direct Dyes (Substantive Dyes), Solvent Dyes, and Dye Intermediates—each serving distinct applications such as protein fiber dyeing, acrylic fiber coloring, paper and cellulosic fiber treatment, solvent-based coloring, and as essential precursors in dye manufacturing. These products are offered in various forms, including standardized spray-dried and tray-dried powders, granules, crude formats, reverse osmosis-treated, and salt-free variants. Arunaya Organics operates from its production facility at C-8, GIDC Estate, Naroda, Ahmedabad, Gujarat, with an annual manufacturing capacity of approximately 30 metric tons. As of July 2024, the company employed 36 people and has built a solid reputation for delivering reliable and innovative chemical solutions to global markets.
Strength
Experienced Leadership: Guided by a seasoned promoter and a professional management team with deep domain expertise.
Diverse Product Portfolio: Offers a wide range of specialty dyes and intermediates catering to multiple industries and applications.
Strong R&D Capability: Focus on innovation and quality through dedicated research and development efforts.
Weakness
Third-Party Dependency: Reliance on Chinmay Chemicals Private Limited for product supply poses operational and quality risks.
Customer Concentration: Revenue heavily depends on a few customers without long-term contracts, increasing business uncertainty.
Raw Material Volatility: Lack of long-term supplier agreements may lead to supply disruptions or price fluctuations, affecting operations and margins.