Listing Performance
Listed
Issue Price
₹70
Listed On
05 Jun 2026
- Price Band
- ₹70 – ₹70
- Lot Size
- 2000
- Lot Value
- ₹1,40,000
- Open Date
- 29 May 2026
- Close Date
- 02 Jun 2026
- Min Investment
- ₹1,40,000
IPO Timeline
Issue Opens
29 May 2026 · Fri
Issue Closes
02 Jun 2026 · Tue
Bidding Cut-off (UPI Mandate)
02 Jun 2026 · 5:00 PM IST
Allotment
03 Jun 2026 · Wed
Listing
05 Jun 2026 · Fri
About Aureate Tradde
Aureate Tradde Limited is engaged in trading, distribution, and supply of industrial and technological materials across polymers and petrochemicals, lithium-ion and sodium-ion cells, and electric vehicle chargers. The company operates on an inventory-based model, purchasing and maintaining stock to serve small, medium, and large enterprises.
The company purchases and maintains inventory of industrial materials (polymers, petrochemicals, lithium-ion cells, sodium-ion cells, and EV chargers), stores them at rented warehouse facilities, and distributes them domestically based on market demand.
Investment Analysis
Risk Factors (6)
- •Dependent on suppliers for polymers, lithium-ion cells, sodium-ion cells, EV chargers; cost increases or shortages could adversely affect operations.
- •Termination or non-renewal of distribution agreements with Jiangsu Highstar Battery Manufacturing Co. could materially harm business operations.
- •Financial reporting discrepancies and non-compliances with taxation and statutory authorities pose regulatory and reputational risks.
- •Delayed statutory filings with Registrar of Companies, Mumbai may attract penalties and regulatory action.
- •Negative historical cash flows could constrain growth and business expansion in future periods.
- •Concentrated revenue from domestic market, particularly Northern region and Maharashtra, creates geographic concentration risk.
📊 Algorithmic Score
Computed from issue structure — GMP, fresh issue %, OFS %, issue size
Why do these differ? The Algorithmic Score measures issue quality (structure, size, promoter commitment). The Demand Analysis measures investor interest signals (subscription, GMP, risks). A high-quality issue can still have unconfirmed demand — especially before subscription opens.
✍️ Demand & Risk Analysis
Based on market demand signals — subscription, GMP trend, risk factors
IPO Market Analysis
“Grey market premium is positive at +19%, but subscription data is not yet available so demand cannot be confirmed. A cautious, limited-data view — weigh the company fundamentals before applying.”
- ✅Positive GMP +19%
- ⚠️6 risk factors noted
This is algorithmic analysis, not investment advice. Always read the DRHP before investing.
IPO Details
| Registrar | MUFG Intime India Pvt.Ltd. |
| Exchange | BSE SME |
| ISIN | — |
| Face Value | ₹10 |
| Issue Size | ₹27.00 Cr |
| Fresh Issue | ₹272.86 Cr |
| OFS Size | ₹0.00 Cr |
| Lead Managers | CORPORATE MAKERS CAPITAL LIMITED |
Company Fundamentals
8 sections extracted from this filingCapital Structure
Capital structure not disclosed in this filing.The capital-structure table was not found in Aureate Tradde's offer document (common in abridged prospectuses).
Shareholding Pattern
Pre-Issue
Pre-Issue not disclosed in this filing.Not separately disclosed in Aureate Tradde's filing.
Post-Issue
Post-Issue not disclosed in this filing.Not separately disclosed in Aureate Tradde's filing.
Source: Aureate Tradde offer document (DRHP/RHP).
Reservations & OFS
Investor Reservation
- Retail+50.00%
OFS Selling Shareholders
No offer-for-sale component (or sellers not disclosed).
Source: Aureate Tradde offer document (DRHP/RHP).
Board & Management
Board of Directors (4)
- Kalash Kevin Shah
Managing Director
More than a decade of comprehensive experience in Polymers, Mobile Cranes, Portable Lithium Batteries, Electric Vehicle (EV) Chargers, and various other Electrical Products and Charging Solutions sectors; over 14 years of experience in the polymer trading industry
- Punit Devendrabhai Shah
Non-Executive Director
Extensive experience and entrepreneurial insight spanning Sales and Marketing, Procurement, and Business Management
- Kiran Rani
Non-Executive-Independent Director
- Preeti Sethi
Non-Executive-Independent Director
Key Managerial Personnel (4)
- Sahil Merchant
Chief Financial Officer
- Sakshi Sareen
Company Secretary & Compliance Officer
- Kiran Suresh Charkari
Sales and Marketing Head
- Snehal Suraj Sangare
Accounts Head
Source: Aureate Tradde offer document (DRHP/RHP).
Industry & Market
Industry & market data not disclosed in this filing.Market-size/industry detail was not extracted from Aureate Tradde's filing.
Use of IPO Proceeds
Total allocation: ₹0.00 Cr (excludes issue expenses)
Promoters
Kalash Kevin Shah
Managing Director · age 37
Seasoned entrepreneur with more than a decade of comprehensive experience in the Polymers, Mobile Cranes, Portable Lithium Batteries, Electric Vehicle (EV) Chargers, and various other Electrical Products and Charging Solutions sectors, with over 14 years of experience in the polymer trading industry.
Pre-issue: 87.99% · Post-issue: 61.58%
Punit Devendrabhai Shah
Non-Executive Director · age 42
Extensive experience in business development, Sales and Marketing, Procurement, and Business Management with pivotal role in shaping the company's strategic direction.
Pre-issue: 2.63% · Post-issue: 1.84%
Investor Quota
Approx. shares reserved per category
Estimated from total issue size; actual reserved lots are set in the RHP.
Application Lot Sizes
Retail caps at ₹2,00,000 (13 lots here). S-HNI is ₹2L–₹10L, B-HNI is above ₹10L.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2,000 | ₹1,40,000 |
| Retail (max) | 13 | 26,000 | ₹18,20,000 |
| S-HNI (min) | 14 | 28,000 | ₹19,60,000 |
| S-HNI (max) | 66 | 1,32,000 | ₹92,40,000 |
| B-HNI (min) | 67 | 1,34,000 | ₹93,80,000 |
Material Litigation
| Type | Against | Matters | Amount (₹Cr) |
|---|---|---|---|
| Tax | Company | 11 | 5.843 |
Aureate Tradde faces tax proceedings (4 direct tax and 7 GST cases) against the company with a total amount involved of ₹584.27 lakhs; no criminal, civil, or regulatory proceedings are outstanding against the company, promoters, directors, or KMPs.
Registrar (RTA)
SEBI-registered Registrar & Transfer Agent — handles allotment and refunds.
Registrar:MUFG Intime India Pvt.Ltd.→Lead Managers (BRLMs)
Click any merchant banker for their full IPO track record (positive listing rate, average gain, IPOs managed).
3-Year Financial Summary
Revenue trend
↓ FY23→FY25
| Fiscal Year | Revenue (₹Cr) | PAT (₹Cr) | EPS | P/E | ROE |
|---|---|---|---|---|---|
| FY25 | 174.41 | 2.57 | 2.83 | — | 21.88% |
| FY24 | 170.75 | 1.45 | — | — | — |
| FY23 | 209 | 1.13 | — | — | — |
Detailed Line Items (₹ Cr)
| Line Item | FY23 | FY24 | FY25 |
|---|---|---|---|
| Total Income | 211.6 | 172.19 | 176.62 |
| EBITDA | 0.08 | 3.25 | 5.07 |
| Net Worth | 5.14 | 10.59 | 12.95 |
| Total Borrowings | 22.73 | 32.46 | 32.17 |
| Cash Flow — Operating | -1.12 | -2.59 | -0.27 |
From the company's offer document (DRHP/RHP); restated figures where available.
Valuation at Issue Price
Issue P/E
24.7x
Price ÷ EPS
EPS (FY25)
₹3
Earnings per share
RoNW
21.88%
Return on net worth
ROCE
20.56%
as reported in filing
EBITDA margin
2.9%
EBITDA ÷ revenue
Price/NAV
0.05x
Price ÷ NAV (as reported)
Subscription Status
Subscription data will appear once bidding begins.
Allotment Statistics
Basis of Allotment
Category-wise subscription & allotment ratio
Recently Listed IPOs
| Company | Listed | Listing Gain |
|---|---|---|
| IC Electricals Company Limited-Issue postponed | 10 Jul 2026 | — |
| Vinit Mobile | 07 Jul 2026 | — |
| Atharva Polyplast | 07 Jul 2026 | — |
Related IPOs
Documents
Frequently Asked Questions
When is the Aureate Tradde IPO opening?
The Aureate Tradde IPO opens on 29 May 2026 and closes on 02 Jun 2026. Check this page for the latest updates as we refresh every 30 minutes.
What is the price band of the Aureate Tradde IPO?
The price band for the Aureate Tradde IPO is ₹70 to ₹70. The final price is announced after the book-building process and is confirmed before listing.
What is the lot size and minimum investment for the Aureate Tradde IPO?
The minimum lot size is 2000 shares with a minimum investment of ₹1,40,000. Retail investors can apply for up to the retail limit defined by SEBI.
What is the GMP of Aureate Tradde IPO today?
The latest Grey Market Premium for Aureate Tradde is ₹13 (+19.00%). GMP is unofficial data and is not a guarantee of listing price.
When will the Aureate Tradde IPO list on NSE and BSE?
The Aureate Tradde IPO is expected to list on 05 Jun 2026 on BSE SME. Actual listing day trading begins at the start of the normal market session.
How can I check the Aureate Tradde IPO allotment status?
The registrar for this IPO is MUFG Intime India Pvt.Ltd.. You can check your allotment status on the registrar's portal using your PAN, application number, or DP ID. We link to the registrar directly on our allotment page after the allotment date.
Is the Aureate Tradde IPO a mainboard or SME issue?
Aureate Tradde is a SME IPO that will list on the NSE Emerge or BSE SME platform. SME IPOs require a minimum application value of one lakh rupees.
How do I apply for the Aureate Tradde IPO?
You can apply for the Aureate Tradde IPO through any SEBI-registered broker such as Zerodha, Upstox, or Angel One using UPI or ASBA. Use the Apply Now buttons on this page to go directly to the broker.
What is the expected listing price of Aureate Tradde IPO?
Based on the current GMP of ₹13, the expected listing price of Aureate Tradde is ₹83 (issue price ₹70 + GMP ₹13). Note that GMP is unofficial grey market data and actual listing price may differ.
Should I subscribe to Aureate Tradde IPO?
Based on our algorithmic analysis, Aureate Tradde IPO is rated NEUTRAL with medium confidence. Grey market premium is positive at +19%, but subscription data is not yet available so demand cannot be confirmed. A cautious, limited-data view — weigh the company fundamentals before applying. This is not investment advice — please read the DRHP and consult a financial advisor before investing.
Related Articles
How to Analyse an Upcoming IPO in India: A 10-Step Framework for Retail Investors
A step-by-step guide to analysing an upcoming IPO in India, from reading the DRHP to comparing valuation with peers and treating grey market premium as a secondary signal.
Read more →
How-ToHow to Apply for IPO Online Through UPI in 2026 — Zerodha, Groww, Upstox Guide
Complete guide to applying for an IPO online in India 2026. Step-by-step instructions for Zerodha, Upstox, Angel One, and ASBA net banking.
Read more →
How-ToHow to Check IPO Allotment Status — All Registrar Portals Guide 2026
Step-by-step guide to check IPO allotment status on KFintech, MUFG Intime, Bigshare, BSE and NSE portals using PAN, application number or DP ID.
Read more →