Aureate Trade Makes Successful Debut: IPO Allocations and Listing Details Released

Aureate Tradde's Maiden Public Issue Subscribes 1.4 Times

Aureate Tradde, a leading industrial and technological materials supplier, has successfully concluded its maiden public issue, receiving subscriptions 1.4 times the total issue size on the final day of bidding, June 2.

Key Details of the IPO

• The company is raising Rs 27.3 crore through an initial public offering (IPO) of 38.98 lakh shares at an issue price of Rs 70 per share.
• Investors have submitted bids for 55.02 lakh shares through 1,223 applications, with 44.76 lakh shares applied by retail investors and 10.26 lakh shares by non-institutional investors.
• The company will finalize the IPO share allotment by June 3, with trading in Aureate Tradde shares commencing on the BSE SME platform effective June 5.

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Business and Financial Highlights

Aureate Tradde operates across three key business verticals: polymers and petrochemicals, lithium-ion and sodium-ion cells, and electric vehicle chargers. The company has recorded a profit of Rs 4.4 crore and revenue of Rs 101.8 crore for the nine months period ended December 2025.

Utilization of Net Proceeds

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The company intends to utilize the net proceeds from the IPO as follows:

• Rs 10 crore for working capital requirements
• Rs 9.9 crore for repayment of certain borrowings
• Rs 4.08 crore for general corporate purposes

IPO Details

• Book running lead manager: Corporate Makers Capital