Arunaya Organics IPO Upcoming
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Schedule of Arunaya Organics
| Issue open date | 29 Apr 2025 |
| Issue close date | 02 May 2025 |
| UPI mandate deadline | 02 May 2025 (5 PM) |
| Allotment finalization | 05 May 2025 |
| Refund initiation | 06 May 2025 |
| Share credit | 06 May 2025 |
| Listing date | 07 May 2025 |
| Mandate end date | 17 May 2025 |
| Lock-in end date for anchor investors (50%) | 04 May 2025 |
| Lock-in end date for anchor investors (remaining) | 04 May 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Arunaya Organics
Incorporated in 2010, Arunaya Organics Limited operates in the dye industry, engaging in trading and manufacturing activities of various dyes and their intermediaries. A significant portion of revenue is generated from outsourcing manufacturing activities to Chinmay Chemicals Private Limited. The product range includes reactive, acid, direct, basic, and solvent dyes, as well as dye intermediates, available in forms such as standardised spray-dried and tray-dried powders, granules, crude, reverse osmosis-treated products, and salt-free. The company also provides speciality performance chemicals for the paper industry and textile dyeing. The production facility, located in Ahmedabad, has an annual capacity of approximately 30 metric tons per annum.
Financials of Arunaya Organics
*All figures are in ₹ Crores.
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹33.99 crores |
| Fresh Issue | ₹30.51 crores |
| Offer for sale | ₹3.48 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| New manufacturing facility | 11.79 (38%) |
| Working capital requirements | 9 (29%) |
| General corporate purposes | (not exceeding 25% of gross proceeds) |
Strengths
- Experienced and dedicated leadership with extensive domain knowledge.
- Diverse product portfolio.
- Strong emphasis on R&D and Quality Control to drive growth and meet customer standards.
Risk factors
- Dependence on a few customers for a significant portion of revenue.
- Lack of long-term agreements with raw material suppliers.
- Profitability may be affected by fluctuations in raw material prices.
- Future dividend payments depend on financial conditions.