Introduction: The New Player Everyone’s Talking About
Imagine stumbling upon a small but promising chemical company that’s quietly making big moves behind the scenes. No loud buzz, no flashy marketing — just pure growth and solid fundamentals.
That’s Arunaya Organics Limited for you, and guess what? They’re about to make their grand debut on the stock market!
But is it a golden opportunity for investors, or should you stay cautious? Let’s dive deep.
- Introduction: The New Player Everyone’s Talking About
- Arunaya Organics IPO Snapshot
- What Makes Arunaya Organics Stand Out?
- Why Is This IPO Interesting?
- Key Financial Highlights (FY 2024)
- How Much Should You Invest?
- Promoters Behind Arunaya Organics
- Peer Comparison: How Does Arunaya Stack Up?
- Objects of the Issue: Where Will the Money Go?
- Important Dates You Must Know
- Should You Apply for Arunaya Organics IPO?
- FAQs about Arunaya Organics IPO
- Final Thoughts: Golden Ticket or Wait and Watch?
Arunaya Organics IPO Snapshot
| Details | Information |
|---|---|
| IPO Open Date | April 29, 2025 |
| IPO Close Date | May 2, 2025 |
| Listing On | NSE SME Platform |
| Price Band | ₹55 to ₹58 per share |
| Face Value | ₹10 per share |
| Issue Size | ₹33.99 crores |
| Fresh Issue | ₹30.51 crores |
| Offer for Sale (OFS) | 6,00,000 shares |
| Lot Size | 2000 shares (₹1,16,000) |
| Listing Date | May 7, 2025 |
What Makes Arunaya Organics Stand Out?
Established in 2010, Arunaya Organics chose the harder but honest path to growth.
They built their reputation manufacturing specialty dyes and chemicals — essential ingredients used across industries like textiles, plastics, paints, mining, and even food processing.
Their factory in Gujarat isn’t just another industrial shed; it’s a buzzing hub of innovation and precision.
Their mission? To deliver quality that doesn’t just meet standards — it sets them.
Why Is This IPO Interesting?
Here’s where it gets juicy:
Strong Financial Turnaround: From a modest ₹1.73 crores profit in 2023 to a whopping ₹4.06 crores in 2024.
Healthy Revenue Stream: Despite a slight dip in revenue (₹62.79 crores in 2024 vs ₹76.37 crores in 2023), profitability improved significantly — a good sign of cost control and better margins.
Ambitious Expansion Plans: Part of the IPO proceeds will fund a brand-new manufacturing plant in Dahej, Gujarat — India’s chemical manufacturing hotspot.
Key Financial Highlights (FY 2024)
| Metrics | Value |
|---|---|
| Revenue | ₹62.79 crores |
| Profit After Tax (PAT) | ₹4.06 crores |
| Return on Net Worth (RoNW) | 36.27% |
| EBITDA Margin | 10.39% |
| PAT Margin | 6.52% |
| Debt-to-Equity Ratio | 1.19 |
| Net Asset Value (NAV) | ₹10.88 per share |
💬 In simple terms:
The company is profitable, growing smartly, and maintaining financial discipline — music to any investor’s ears!
How Much Should You Invest?
To apply, investors must bid for at least 1 lot (2000 shares) worth approximately ₹1,16,000.
Big investment for retail players, right?
This IPO may be better suited for serious investors who believe in long-term compounding rather than those hunting for quick listing gains.
Promoters Behind Arunaya Organics
- Vinod Agrawal
- Shivali Agrawal
Having family-led promoters is often a double-edged sword.
It ensures dedication but could sometimes lead to conservative decision-making. However, in the chemical business — steady and safe wins the race!
Peer Comparison: How Does Arunaya Stack Up?
| Company | EPS | PE Ratio | RoNW | Revenue |
|---|---|---|---|---|
| Vipul Organics Ltd | 2.57 | 72.94 | 5.73% | ₹150 Cr |
| Mahickra Chemicals Ltd | 1.32 | 81.43 | 3.22% | ₹72 Cr |
| Ducol Organics & Colours | reports 3.05 EPS, 34.96 PE ratio, 7.06% RoNW, and ₹75 Cr revenue | |||
| Arunaya Organics (FY24) | 3.95 | N/A | 36.27% | ₹62.79 Cr |
Observation:
Arunaya boasts a strong RoNW compared to its listed peers — a critical indicator of how well a company reinvests profits to generate more profits.
Objects of the Issue: Where Will the Money Go?
- Establishing a brand-new manufacturing facility at Dahej.
- Working capital needs (raw materials, production, salaries).
- General corporate purposes (future expansions, debt repayment, etc.).
In short — they are not just raising money for survival but aiming for strategic growth.
Important Dates You Must Know
| Event | Date |
|---|---|
| IPO Open | April 29, 2025 |
| IPO Close | May 2, 2025 |
| Basis of Allotment Finalization | May 5, 2025 |
| Refund Initiation | May 6, 2025 |
| Credit to Demat Accounts | May 6, 2025 |
| Listing Date | May 7, 2025 |
Should You Apply for Arunaya Organics IPO?
You might consider applying if:
- You believe in India’s growing chemical industry.
- You’re a long-term investor looking for solid companies in sunrise sectors.
- You can afford a larger minimum investment (₹1.16 lakh) without liquidity pressure.
You might skip if:
- You’re only hunting for quick listing gains.
- You’re uncomfortable with mid-cap/small-cap volatility.
FAQs about Arunaya Organics IPO
Q1. What is Arunaya Organics IPO Price Band?
The share price for the IPO falls in the range of ₹55 to ₹58.
Q2. How many shares are there in 1 lot?
One lot = 2000 shares = ₹1,16,000.
Q3. Where will Arunaya Organics IPO be listed?
The listing will take place on the NSE SME platform.
Q4. Who are the lead managers of the IPO?
Unistone Capital Pvt Ltd has been appointed as the lead manager.
Q5. Is Arunaya Organics profitable?
Yes, the company posted a profit of ₹4.06 crores in FY2024.
Final Thoughts: Golden Ticket or Wait and Watch?
Arunaya Organics IPO looks like a hidden gem if you’re hunting for niche opportunities with scalable potential.
However, as with any SME IPO, approach with a well-researched mindset and align your investment with your risk appetite.