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Kheria Autocomp IPO

Kheria Autocomp IPO is an SME issue scheduled to open for subscription on — and closed on —.

Price Band
TBA
GMP
Subscription
Listing

Overview

Kheria Autocomp IPO is an SME issue scheduled to open for subscription on — and closed on —.

IPO Details

Kheria Autocomp IPO is a Small and Medium Enterprise (SME) initial public offering scheduled to open for subscription on NSE SME. The issue has a price band of TBA per equity share with a lot size of TBA shares, translating to a minimum retail investment of TBA.

The issue size is yet to be confirmed, and subscription dates are yet to be announced. Allotment is expected on and the equity shares are scheduled to list on .

Type
SME
Status
upcoming
Price band
TBA
Face value
₹10 (typical)
Lot size
Min investment (Retail)
TBA
Issue size
Fresh issue
OFS
₹0 Cr
Exchange
NSE SME
ISIN
TBA

Market Lot

Market lot details will be available once the price band and lot size are finalised in the Red Herring Prospectus.

IPO Reservation

Per SEBI guidelines, Kheria Autocomp IPO reserves shares across investor categories as follows. Final allotment percentages may vary slightly based on the final issue document.

Category% ReservedNotes
QIBUp to 50%Mutual funds, FIIs, banks
NII / HNIUp to 15%Bids ≥ ₹2 lakh
RetailAt least 35%Bids up to ₹2 lakh

Important Dates

  1. Issue Open
    · Subscription opens
  2. Issue Close
    · Subscription closes
  3. Allotment
    · Basis of allotment finalised
  4. Refunds Initiated
    · Funds released for non-allottees
  5. Listing Date
    · Shares debut on the exchange

Grey Market Premium

Grey Market Premium for Kheria Autocomp is yet to be tracked. We update GMP from multiple grey market sources during the subscription window. Bookmark this page and check IPO GMP Today for live updates.

Subscription Status

Kheria Autocomp IPO subscription tracking will go live once the subscription window opens. Category-wise data (Retail / NII / QIB / Employee) will be available on IPO Subscription Status.

Allotment Status

Kheria Autocomp IPO allotment will be finalised by the registrar (KFin Technologies) on . Check your allotment status using your PAN, application number, or DP ID via our allotment status checker or directly on the registrar's website.

If allotment fails, the blocked funds via ASBA / UPI mandate are released back within 24-48 hours. Applying through multiple demat accounts in family members' names improves chances on oversubscribed IPOs.

About Kheria Autocomp

Kheria Autocomp Limited, established in 2009, is a 16-year-old auto-ancillary unit specialising in plastic injection moulding for automotive customer segments. The product portfolio covers interior cabin trims, exterior plastic parts, under-hood components, and HVAC (heating, ventilation, air conditioning) ducts — supplying both internal-combustion-engine (ICE) and electric-vehicle (EV) OEM customers. The dual ICE + EV positioning is structurally interesting. Most Indian auto-ancillary SMEs focus exclusively on one drivetrain technology. Kheria's dual positioning allows revenue continuity through India's ICE-to-EV transition cycle — ICE-segment revenue remains the dominant near-term revenue base while EV-segment customer relationships build for the medium-term inflection. Plastic injection moulding specifically transfers well across both drivetrains since interior trims, HVAC ducts, and structural plastic parts remain similar regardless of powertrain. Indian auto-component demand has been one of the structurally growing capital-goods sub-segments through 2020-26. Demand drivers include domestic-OEM production expansion under PLI scheme + Make-in-India; rising premium-vehicle mix driving plastic-component content per vehicle; EV-OEM expansion (Tata, Mahindra, Ola Electric, Ather, etc.) creating new customer relationships; and export-component demand from global Tier-1 suppliers sourcing from Indian manufacturers. FY25 financials are exceptional: revenue ₹92.31 crore (+48% YoY from ₹62.40 crore) and PAT ₹8.24 crore (+149% YoY from ₹3.31 crore) — PAT margin expanded from 5.3% to 8.9%. Per company reporting: 35.78% revenue CAGR (2-year), RoE 34.18%, RoCE 25.21% — top-decile capital-efficiency metrics for SME-tier auto-component operators.

Promoter & Holding Pattern

The promoter and promoter group hold the majority stake in Kheria Autocomp prior to the IPO. Post-listing, this percentage will reduce as new equity shares are issued to the public. Detailed pre-IPO and post-IPO promoter holding data will be updated once the Red Herring Prospectus is finalised with SEBI.

Objects of the Issue

Kheria Autocomp IPO proceeds will be utilised across the following objectives, as disclosed in the Red Herring Prospectus:

PurposeAmount (₹ Cr)% of Issue
100% fresh issue — capacity expansion for plastic injection moulding specialty100.00%

Financial Performance

Three-year financial performance for Kheria Autocomp (amounts in ₹ Cr):

PeriodRevenueExpensePATTotal AssetsNet Worth
FY2592.318.24
FY2462.43.31

Valuation Snapshot

RoE
34.18%
RoCE
25.21%
EBITDA Margin
PAT Margin
8.93%
Debt/Equity
EPS
P/E Ratio
RoNW
34.18%
NAV

Peer Comparison

Listed peers in the Automotive sector with key valuation metrics:

CompanyEPS (₹)P/E RatioRoNW (%)NAV (₹)Income (₹ Cr)
Sansera Engineering
Endurance Technologies
Minda Corporation

Anchor Investors

Anchor investor bidding for Kheria Autocomp typically opens one working day before the issue opens to the public. Anchor investors — mutual funds, FIIs, sovereign wealth funds, and insurance companies — collectively subscribe to a portion of the QIB segment. Their participation signals institutional confidence. Anchor list and total amount will be updated once SEBI publishes the anchor filing.

Lead Managers (Merchant Bankers)

  • SMC Capitals

IPO Registrar

The registrar processes all bid applications, finalises the basis of allotment, manages refunds, and credits allotted shares to successful applicants' demat accounts.

Editorial Review

Kheria Autocomp has filed for an NSE SME IPO of up to 0.46 crore fresh equity shares. As of publication, exact issue size in rupees, price band, dates not yet announced. SMC Capitals as BRLM + KFin Technologies as registrar signal SME book-build setup. The fundamental metrics are top-decile for SME-tier auto-component operators: 35.78% 2-year revenue CAGR, RoE 34.18%, RoCE 25.21%, and FY24→FY25 PAT margin expansion (5.3% → 8.9%). The combination of high capital-efficiency + meaningful margin expansion + revenue scale-up is uncommon at this scale and signals operational quality. The dual ICE + EV positioning is structurally meaningful. Plastic injection moulding (interior trims, exterior parts, under-hood components, HVAC ducts) transfers well across both drivetrains. ICE-segment revenue dominates near-term while EV-OEM customer relationships build for the medium-term inflection. This positioning hedges against the India EV-transition cycle uncertainty. What's working: top-decile capital efficiency (RoE 34.18%, RoCE 25.21%); FY24→FY25 revenue +48%, PAT +149%, margin expansion 5.3%→8.9%; dual ICE + EV positioning provides drivetrain-cycle hedge; 16-year operating history (since 2009); 100% fresh-issue means all proceeds reach operating business; auto-component demand has structural PLI + premium-vehicle-mix + EV-expansion tailwinds. What's concerning: NSE SME structural liquidity constraints; small absolute scale (₹92 cr FY25 revenue) means single-OEM customer dynamics can be material; plastic-resin commodity-pricing exposure creates margin volatility; mainboard auto-component peers Sansera Engineering, Endurance Technologies, Minda Corporation at vastly larger scale with broader OEM relationships; competitive intensity in plastic-injection-moulding category from many regional SME operators; substantial public-data gap on issue size, price band, dates. Subscribe pre-RHP. Top-decile capital efficiency + exceptional FY25 growth + margin expansion + dual ICE+EV positioning + structural auto-component demand tailwinds create high-conviction SME thesis. Wait for RHP with issue size, price band, and detailed financials. Sizing modest given NSE SME structural constraints despite exceptional fundamentals.

How to Apply for Kheria Autocomp IPO

  1. Open broker app — Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct, or any other SEBI-registered broker. Navigate to the IPO section.
  2. Select Kheria Autocomp IPO during the bidding window ().
  3. Enter bid details — minimum TBA shares per lot. Retail investors are recommended to bid at cut-off price (upper band).
  4. Submit UPI ID linked to a SEBI-approved bank.
  5. Approve UPI mandate from your UPI app within the deadline. Bid amount is blocked, not debited.
  6. Await allotment on .
  7. Listing day — shares list on NSE SME on .

Risk Factors

1. NSE SME structural liquidity constraints. 2. Small absolute scale (₹92 cr revenue) — single-OEM customer dynamics can be material. 3. Plastic-resin commodity-pricing exposure creates margin volatility. 4. Competitive pressure from mainboard auto-component leaders + many regional SME plastic-moulding operators. 5. India EV-transition cycle uncertainty — pace of EV-OEM scaling affects EV-segment revenue trajectory.

Kheria Autocomp IPO — FAQs

What is Kheria Autocomp IPO?
Kheria Autocomp IPO is a Small and Medium Enterprise (SME) initial public offering listing on NSE SME. The issue opens on — and closes on — with a price band of TBA per share.
What is the Kheria Autocomp IPO price band?
The price band for Kheria Autocomp IPO is TBA per equity share of face value ₹10 (typical). Retail investors are recommended to bid at the upper band (cut-off price).
What is the Kheria Autocomp IPO lot size?
The minimum lot size for Kheria Autocomp IPO is TBA shares per application. Minimum retail investment at the upper price band works out to approximately TBA.
When is the Kheria Autocomp IPO opening date?
Kheria Autocomp IPO opens for subscription on — and closes on —.
When is the Kheria Autocomp IPO allotment date?
Basis of allotment is expected on —. Check your status on KFin Technologies's website using your PAN.
When is the Kheria Autocomp IPO listing date?
Kheria Autocomp shares are expected to list on NSE SME on —.
What is the GMP of Kheria Autocomp IPO?
GMP for Kheria Autocomp is not currently tracked.
Who is the registrar of Kheria Autocomp IPO?
KFin Technologies is handling allotment, refunds, and dematerialisation for Kheria Autocomp IPO.
How can I apply for Kheria Autocomp IPO?
Apply via any SEBI-registered broker (Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct) during the open window. Use UPI mandate or ASBA for fund blocking. Bid at cut-off for retail category.
What is the minimum investment?
Minimum retail investment is approximately TBA (1 lot × TBA shares at upper band).
Should I apply for Kheria Autocomp IPO?
Whether to apply depends on your goals, risk appetite, and the company's fundamentals. Review the RHP, compare valuation with peers, and consult a SEBI-registered advisor.
What happens if my allotment fails?
Bid amount blocked via UPI/ASBA is released back within 24-48 hours. Apply through multiple family demat accounts to improve odds on oversubscribed issues.

Information shown is for educational purposes and does not constitute investment advice. GMP values are unofficial estimates from informal grey market sources. Please read the offer document (Red Herring Prospectus) carefully before investing.

Data sourced from NSE, BSE, the issue's registrar, and public filings. BasicFintech is not affiliated with the issuing company, its underwriters, or the exchanges.

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