Kheria Autocomp IPO

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Kheria Autocomp IPO details

17th – 21st Sep 2026
24 Sep 2026
₹96 – ₹101
Lot size 1200 — ₹121200
46cr

Schedule of Kheria Autocomp

Issue open date 17 Sep 2026
Issue close date 21 Sep 2026
UPI mandate deadline 21 Sep 2026 (5 PM)
Allotment finalization 22 Sep 2026
Refund initiation 23 Sep 2026
Share credit 23 Sep 2026
Listing date 24 Sep 2026
Mandate end date 06 Oct 2026
Lock-in end date for anchor investors (50%) 21 Oct 2026
Lock-in end date for anchor investors (remaining) 20 Dec 2026

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 Kheria Autocomp

Kheria Autocomp Limited manufactures plastic injection-molded sub-assemblies and components primarily serving Tier-I suppliers in the automotive sector. The company operates as a Tier-II supplier, manufacturing products strictly in accordance with designs and specifications provided by Tier-I vendors who supply directly to original equipment manufacturers (OEMs). Its business activities center on precision plastic injection molding, featuring production capabilities supported by 30 injection molding machines with capacities ranging from 120 tons to 1,700 tons alongside automated robotic assembly lines. The company generates revenue through the sale of engineered plastic components utilized across passenger vehicle platforms, covering internal combustion engine and electric vehicle applications. Its product offerings encompass under-the-hood components, battery housings, thermal management systems, and modular enclosures. Operating from a leased manufacturing facility in Sanand, Gujarat, the company focuses its supply chain operations primarily within the regional automotive cluster.


Financials of Kheria Autocomp


Issue size

Funds Raised in the IPO Amount (₹ crores)
Total issue size 46.44
Fresh Issue – Proceeds go to the company 46.44

Utilisation of proceeds

Purpose INR crores (%)
Funding capital expenditure for a new manufacturing facility 39.96 (86.05%)
General corporate purposes 6.48 (13.95%)

Strengths

  • Strong manufacturing setup with 30 injection molding machines and automated robotics.
  • Established presence supplying Tier-I automotive vendors for major OEM cycles.
  • Capability to serve both internal combustion and electric vehicle platforms.
  • Strategic plant location within the Sanand automotive manufacturing hub.
  • Consistent historical revenue growth across the past three financial years.

Risks

  • High customer concentration with top 10 clients contributing nearly all revenue.
  • Geographic concentration with over 99% of revenue derived from Gujarat customers.
  • Heavy dependence on OEM production cycles and Tier-I vendor demand.
  • Operating from a single leased manufacturing facility in Sanand, Gujarat.
  • Reliance on customer-approved suppliers for critical plastic resin raw materials.