KHERIA AUTOCOMP LIMITED IPO
KHERIA AUTOCOMP LIMITED IPO closed on 21 Sept 2026. Allotment 22 Sept 2026, listing 24 Sept 2026. Price band ₹96–₹101, lot 1200 shares, GMP +₹3 (2.97%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | SME · NSE |
| Price band | ₹96–₹101 |
| Lot size | 1200 shares |
| Minimum investment | ₹2,42,400 |
| Issue size | ₹46.44 Cr |
| GMP | +₹3 (2.97%) |
| Open date | 17 Sept 2026 |
| Close date | 21 Sept 2026 |
| Allotment date | 22 Sept 2026 |
| Listing date | 24 Sept 2026 |
| Registrar | KARVY |
About KHERIA AUTOCOMP LIMITED
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…
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.