Aureate Tradde Limited: Check IPO Date, Live Subscription and Key Details
Aureate Tradde Limited, incorporated in 2018, is engaged in the trading, distribution, and supply of industrial raw materials and technological components in India. The company operates an inventory-led business model across three major business segments: Polymers & Petrochemicals (dealing in PVC resin, PET resin, LDPE, and HDPE), Battery Technologies (supplying lithium-ion and sodium-ion cells along with specialized lead-acid chargers), and Electric Vehicle (EV) Charging Solutions. Notably, the company holds exclusive distribution rights in India for advanced sodium-ion battery cells manufactured by international player Jianghu Highstar Battery Manufacturing Co., Ltd.
Price Range
₹70.00
Issue Size
₹27.29 Cr
Lot Size
2,000 shares
IPO Type
BSE SME
GMP
₹7(+10.00%)
Est. Listing Price
₹77
Estimate Profit
₹28,000
Retail Portion
50.03%
Key Metrics
Check Live GMPGMPFace Value
₹10
EPS
4.47
P/E Ratio
15.64
RoNW
28.87%
ROE
28.87%
Debt to Equity
2.21
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Timeline
IPO Opens
29 May
IPO Closes
2 Jun
Allotment
3 Jun
Listing
5 Jun
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 29 May 2026 | Subscription starts |
| IPO Close Date | 2 June 2026 | Subscription ends |
| Allotment Date | 3 June 2026 | Allotment |
| Listing Date | 5 June 2026 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Individual | 2 | ₹2,80,000 |
SHNI (Min) | 3 | ₹4,20,000 |
SHNI (Max) | 7 | ₹9,80,000 |
BHNIAbove ₹10,00,000 | 8 | ₹11,20,000 |
IPO Reservation Details
| Category | Reservation |
|---|---|
| QIB (Qualified Institutional Buyer) | 0.00% |
| NII (Non-Institutional Investor) | 49.97% |
| Retail | 50.03% |
| Market Maker | 5.03% |
| Total | 100.00% |
IPO Objectives
- Funding the long-term working capital requirements of the Company (₹10.00 Cr).
- Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by the Company (₹9.93 Cr).
- Meeting General Corporate Purposes (₹4.09 Cr).
Strengths
- The company secures Exclusive Strategic Tie-ups, positioning itself as the sole pan-India distributor of high-potential sodium-ion cells for Jianghu Highstar Battery Manufacturing.
- It operates across Diversified Business Verticals, reducing single-sector dependency by capturing markets in industrial petrochemicals, advanced green energy storage, and EV charging infrastructure.
- The business leverages an Established Inventory Moat, employing an inventory-led operational layout that stocks materials in advance to ensure rapid fulfillment cycles for B2B clients.
- It reports Healthy Return Metrics, showcasing solid financial performance with a Return on Net Worth (RoNW) tracking at 28.87% and a RoCE of 25.07% as of late 2025.
Weaknesses
- The firm exhibits Inconsistent Top-line Performance, with total revenues showing a clear downward trend year-on-year, shrinking from ₹211.60 Cr in FY23 to ₹176.62 Cr in FY25.
- Analysts note a stark Pre-IPO Bottom-line Spurt, where net profit surged abnormally to ₹4.36 Cr during the 9-month period ending December 2025, attracting skepticism regarding long-term margin sustainability.
- It carries High Balance Sheet Leverage, managing an aggressive debt layer with outstanding borrowings of ₹38.07 Cr against a modest net worth of ₹17.24 Cr, resulting in a high debt-to-equity ratio of 2.21.
- The issue faces a Weak Intermediary Track Record, with market observers highlighting historically poor post-listing performance trends from the designated lead manager's past mandates.
- There is a Muted Day 1 Bidding Response, with the issue opening to a highly conservative initial reception and securing an overall subscription rate of only 0.16x on its first day of public bidding.
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Financial Performance
| Period Ended | 31 Dec 2025 (9M) | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 98.58 | 83.11 | 64.18 | 38.71 |
| Revenue (₹ Cr.) | 102.79 | 176.62 | 172.19 | 211.6 |
| PAT (₹ Cr.) | 4.36 | 2.57 | 1.45 | 1.13 |
| Net Worth (₹ Cr.) | 17.24 | 12.95 | 10.59 | 5.14 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Aureate Tradde Limited | 0.05 | 15.64 | 28.87% | 17.24 |
| Bhavik Enterprises | 2.01 | 24.62 | 8.18% | 98.22 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 |
|---|---|---|
| NII | 0.06x | 0.16x |
| RII | 0.26x | 1.36x |
| Total | 0.16x | 0.76x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| NII | 18,50,000 | 2,92,000 | 2.04 |
| RII | 18,52,000 | 25,20,000 | 17.64 |
| Total | 37,02,000 | 28,12,000 | 19.68 |
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Company Details
- Aureate Tradde Ltd.
- 404, Floor 4, Plot No. 208, Regent Chambers, Jamnalal Bajaj Marg, Nariman Point, Mumbai, Maharashtra, 400021
- +91-7208027910
- compliance@aureatetradde.in
- https://www.aureatetradde.in/
Registrar Details
- MUFG Intime India Pvt.Ltd.
- +91-22-4918 6270
- aureatetradde.smeipo@in.mpms.mufg.com
- https://in.mpms.mufg.com/
Frequently Asked Questions
What does Aureate Tradde do?
Aureate Tradde is a B2B trading and distribution company that deals in polymers, petrochemicals, battery cells, and EV charging products.
What are the IPO dates for Aureate Tradde SME IPO?
The Aureate Tradde SME IPO opened for subscription on May 29, 2026, and will close on June 2, 2026.
What is the issue price and minimum investment for Aureate Tradde IPO?
Aureate Tradde IPO is a fixed price issue at ₹70 per share. Retail investors need to apply for a minimum of 2 lots (4,000 shares), requiring an investment of ₹2,80,000.
What is the Grey Market Premium (GMP) of Aureate Tradde IPO today?
As of May 31, 2026, the Grey Market Premium (GMP) of Aureate Tradde IPO is around ₹13 per share, indicating an estimated listing price of about ₹83.
Where will Aureate Tradde IPO be listed?
Aureate Tradde IPO is proposed to be listed on BSE SME, with the tentative listing date set for June 5, 2026.
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