Arunaya Organics Limited
Arunaya Organics Limited is engaged in the trading and manufacturing of a wide range of dyes and dye intermediates, including reactive, acid, direct, basic, and solvent dyes. A major portion of its production is outsourced to its group company, Chinmay Chemicals Private Limited. The company offers products in various forms such as spray-dried and tray-dried powders, granules, crude, RO-treated, and salt-free variants. It also supplies specialty performance chemicals for the paper and textile dyeing industries. Its manufacturing facility, located at GIDC Estate, Naroda, Ahmedabad, Gujarat, has an annual capacity of approximately 30 metric tons.
Price Band₹55 - ₹58 |
Dates29 Apr - 02 May |
GMP₹0 (0.00%) |
Subscriptions2.58 times |
Issue Size₹33.99 Crs |
Objects of the Issue
- Setting up of a new manufacturing facility located at Dahej, Gujarat
- Funding working capital requirements of our company
- General corporate purposes
IPO Details
Price Band₹55 - ₹58 |
Listing AtNSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹30.51 Cr (0.53 Cr Shares) |
Offer For Sale₹3.48 Cr (0.06 Cr Shares) |
Total Issue₹33.99 Cr (0.59 Cr Shares) |
Face Value₹10 per equity share |
Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
2,000
1,16,000
Maximum
1
2,000
1,16,000
|
|||
| NII |
Minimum
2
4,000
2,32,000
|
|||
Subscription
Updated as on 02-May-2025 19:00:05 hrs
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 1.01 | 11,12,000 | 11,20,000 |
| NII | 1.63 | 22,26,000 | 36,18,000 |
| Retail | 4.33 | 22,26,000 | 96,36,000 |
| Total | 2.58 | 55,64,000 | 1,43,74,000 |
Grey Market Premium
The estimated Grey Market Premium of Arunaya Organics IPO is ₹0 per share (0.00%)
The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 20% of net offer |
| NII | Not less than 40% of net offer |
| Retail | Not less than 40% of net offer |
| Market Maker | 296000 EQ Shares |
Financial Information
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 57.85 | 62.23 | 75.85 | 61.55 |
| Profit after Tax | 3.60 | 4.06 | 1.73 | 1.33 |
| Net Worth | 16.78 | 11.18 | 7.19 | 4.72 |
| Total Borrowing | 13.81 | 13.30 | 13.17 | 9.90 |
| Total Assets | 60.74 | 45.04 | 38.62 | 34.36 |
| NAV per share (in ₹) | 13.66 | 10.88 | 7.00 | 5.32 |
| EPS - Basic (in ₹) | 3.09 | 3.95 | 1.69 | 1.50 |
The financial information presented is on a consolidated basis
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 10.39% |
| PAT | 6.52% |
| ROE | 44.15% |
| ROCE | 55.71% |
| Debt to Equity | 1.19 |
| PE Ratio | 14.68 |
| PB Ratio | 5.33 |
| Mkt Cap (in Crs.) | 101.72 |
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Peer Comparision
| Particulars | Arunaya Organics | Vipul Organics | Mahickra Chemicals | Ducol Organics & Colours |
|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 62.23 | 150.08 | 71.92 | 75.41 |
| PAT (In Crs.) | 4.06 | 3.34 | 1.07 | 4.43 |
| EPS - Basic | 3.95 | 2.57 | 1.32 | 3.05 |
| NAV per share | 10.88 | 44.75 | 41.03 | 43.15 |
| RONW | 36.27% | 5.73% | 3.22% | 7.06% |
| EBITDA | 10.39% | 7.79% | 0.93% | 8.77% |
| PAT Margin | 6.52% | 2.23% | 1.49% | 5.87% |
| Price to earning (PE) | 14.68 | 72.94 | 81.43 | 34.96 |
| Debt to Equity | 1.19 | 0.49 | 0.40 | 0.32 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 03, 2025 for Peers
Peer Comparision
| Particulars | Arunaya Organics |
|---|---|
| Revenue from Ops (in Crs.) | 62.23 |
| PAT (In Crs.) | 4.06 |
| EPS - Basic | 3.95 |
| NAV per share | 10.88 |
| RONW | 36.27% |
| EBITDA | 10.39% |
| PAT Margin | 6.52% |
| Price to earning (PE) | 14.68 |
| Debt to Equity | 1.19 |
| Vipul Organics | Mahickra Chemicals | Ducol Organics & Colours |
|---|---|---|
| 150.08 | 71.92 | 75.41 |
| 3.34 | 1.07 | 4.43 |
| 2.57 | 1.32 | 3.05 |
| 44.75 | 41.03 | 43.15 |
| 5.73% | 3.22% | 7.06% |
| 7.79% | 0.93% | 8.77% |
| 2.23% | 1.49% | 5.87% |
| 72.94 | 81.43 | 34.96 |
| 0.49 | 0.40 | 0.32 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 03, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Vinod Agrawal | 69.92% |
| Shivali Agrawal | 21.70% |
| Vinod Agrawal HUF | 0.10% |
Management Details
| Name | Designation |
|---|---|
| Vinod Agrawal | Chairman & MD |
| Shivali Agrawal | Executive Director |
| Bikash Tarafdar | Chief Financial Officer |
Company Details
Name: Arunaya Organics Limited
Address: 102 First Floor Shoppers
Plaza V, C G Road Navrangpura, Ambawadi,
Ahmedabad- 380006, Gujarat, India
Number: +91 7779018165
Email: info@arunayaorganics.com
Website: www.arunayaorganics.com
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