Aureate Tradde IPO
Fixed Price IPO | ₹27.00 Cr | Listing at BSE SME
Open
IPO Open
Fri, May 29, 2026
IPO Close
Tue, Jun 02, 2026
Price Band
₹70.00 to ₹70.00
Market Cap (Pre-IPO)
₹90.90 Cr
IPO Details
| IPO Date | May 29, 2026 to Jun 02, 2026 |
| Listing Date | Tentative: Jun 05, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹70.00 to ₹70.00 |
| Lot Size | 2000 Shares (Minimum: ₹140,000.00) |
| Sale Type | Fresh Issue |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Issue Size | ₹27.00 Crores |
| Total Shares Offered | 3,898,000 shares |
| Fresh Issue | 3,702,000 shares |
| Offer For Sale | 3,898,000 shares |
Aureate Tradde IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 18,52,000 |
| NII Shares Offered | 18,50,000 |
Aureate Tradde IPO Lot Size
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹280,000 |
| Retail (Max) | 2 | 4,000 | ₹280,000 |
| S-HNI (Min) | 3 | 6,000 | ₹420,000 |
Aureate Tradde Financial Information (Restated Consolidated)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 98.58 | 83.11 | 64.18 | 38.71 |
| Total Income | 102.79 | 176.62 | 172.19 | 211.60 |
| Profit After Tax | 4.36 | 2.57 | 1.45 | 1.13 |
| EBITDA | 7.33 | 5.07 | 3.25 | 0.08 |
| NET Worth | 17.24 | 12.95 | 10.59 | 5.14 |
| Reserves and Surplus | 8.16 | 12.85 | 10.49 | 5.10 |
| Total Borrowing | 38.07 | 32.17 | 32.46 | 22.73 |
Amount in ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 21.88% |
| ROCE (Return on Capital Employed) | 20.56% |
| Debt/Equity | 2.49 |
| RoNW (Return on Net Worth) | 21.88% |
| PAT Margin (Profit After Tax Margin) | 1.48% |
| EBITDA Margin | 2.91% |
| Price to Book Value | 0.05 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 2.83 | 4.47 |
| P/E (x) | 24.71 | 15.64 |
| Promoter Holding | 92.35% | 64.63% |
Company Promoters
- Mr. Kalash Kevin Shah and Mr. Punit Devendrabhai Shah.
Company Overview
Aureate Tradde – Company Overview
- Incorporated in 2018, Aureate Tradde Ltd. is engaged in the trading, distribution, and supply of industrial and technology-related materials in the domestic market.
Core Segments
- Polymers & Petrochemicals: PVC resins, PET resins, LDPE, and HDPE products
- Energy Storage Solutions: Lithium-ion and sodium-ion cells
- EV Charging Solutions: Electric vehicle chargers and battery chargers
- The company operates across three key verticals — polymers & petrochemicals, battery cells, and EV charging infrastructure.
- It follows an inventory-based business model, where products are procured and stocked in advance to ensure timely supply to customers.
- Aureate Tradde primarily serves the B2B market for polymers and battery cells, while EV chargers are supplied in both B2B and B2C segments.
- The company is the exclusive distributor in India for sodium-ion cells manufactured by Jianghu Highstar Battery Manufacturing Co., Ltd..
- Its product portfolio includes PVC and PET resins, polyethylene products, lithium-ion cells, sodium-ion cells, lead-acid chargers, and EV chargers.
- As of April 30, 2026, the company had 13 employees.
Company Strengths
- Strategic location of the warehouses and depots
- Experienced and Visionary Promoters
- Stable financial performance
- Diversified Industry Presence
- Long term relationship with clients
Use of Proceeds
| 1) | Funding working capital requirements of the Company | 10.00 |
| 2) | Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company | 9.93 |
| 3) | To meet out the General Corporate Purposes. | 4.09 |
| Total | 24.01 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Aureate Tradde IPO Peer Comparison
Aureate Tradde peer comparison with similar listed entities. (As on March 31, 2025)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Aureate Tradde | 2.83 | - | 1,361.91 | 24.73 | 21.88 | 0.05 | - |
| Bhavik Enterprises | 3.58 | - | 61.62 | 43.85 | 5.97 | 2.57 | - |
Quick Info
| Sector | Trading and Distribution |
| Exchange | BSE SME |
| Market Cap (Pre-IPO) | ₹90.90 Cr |
Important Dates
| IPO Open | May 29, 2026 |
| IPO Close | Jun 02, 2026 |
| Allotment Date | Jun 03, 2026 |
| Credit to Demat | Jun 04, 2026 |
| Listing Date | Tentative: Jun 05, 2026 |
Lead Manager(s)
Corporate Makers Capital Ltd.
Registrar
Description
- IPO Type: Fixed price issue aggregating to ₹27.29 crores.
- Issue Structure: Entirely a fresh issue of 0.39 crore shares totaling ₹27.29 crores.
- IPO Dates: The issue opens on May 29, 2026 and closes on June 2, 2026.
- Allotment Date: Expected to be finalized on June 3, 2026.
- Listing Details: Shares are proposed to be listed on the SME platform of BSE Limited (BSE SME) with a tentative listing date of June 5, 2026.
- Retail Investment Requirement: Minimum 2 lots (4,000 shares) amounting to approximately ₹2,80,000.
- HNI Investment Requirement: Minimum 3 lots (6,000 shares) totaling around ₹4,20,000.
- Issue Price: ₹70 per equity share.
- Lot Size: 2,000 shares per lot.
This IPO offers investors an opportunity to participate in the trading and commercial business sector, subject to market risks.