Kheria Autocomp IPO Moves Into the Final Bidding Session
Kheria Autocomp IPO opened for subscription on September 17 and is scheduled to close on September 21, 2026. The NSE SME issue has a price band of ₹96 to ₹101 per share and comprises 45.98 lakh shares, with the issue size standing at ₹46.44 crore. The IPO is entirely a fresh issue, meaning the funds raised are intended for the company's business and expansion plans.
| Particular | Details |
|---|---|
| IPO Name | Kheria Autocomp IPO |
| IPO Type | NSE SME |
| IPO Dates | Sep 17–21, 2026 |
| Price Band | ₹96–₹101 |
| Issue Size | ₹46.44 Cr |
| Issue Type | Fresh Issue |
| Shares Offered | 45.98 Lakh |
| Lot Size | 1,200 Shares |
| Minimum Application | 2 Lots |
| Minimum Investment | ₹2,42,400 |
| Allotment | Sep 22, 2026 |
| Listing | Sep 24, 2026 |
Kheria Autocomp IPO GMP Stands at ₹3
The latest reported Kheria Autocomp IPO GMP is ₹3 per share on September 21. The grey-market premium had reached ₹10 earlier in the IPO cycle before declining to its current level. Based on the upper price band of ₹101, the latest GMP points to an unofficial indication of around ₹104 per share.
The GMP is an unofficial and unregulated indicator. It can change before listing and should not be considered a guaranteed listing price.
Kheria Autocomp IPO Subscription Update
The latest published Day 2 figures showed subscription below one time overall. Moneycontrol reported 0.45x overall subscription as of September 18, with QIB subscription at 0.23x, retail at 0.58x and NII at 0.45x. Another exchange-linked report recorded 0.41x overall, so published snapshots differ slightly. Final Day 3 figures are expected after the issue closes.
| Category | Latest Published Data |
|---|---|
| QIB | 0.23x |
| NII | 0.45x |
| Retail | 0.58x |
| Overall | 0.45x |
Kheria Autocomp Business and Manufacturing Operations
Kheria Autocomp operates in the automotive component manufacturing segment, with a focus on plastic injection-moulded components and related sub-assemblies. Its products are used in areas such as vehicle interiors, exteriors, under-hood applications and HVAC systems.
The company operates from Tata Vendor Park in Sanand, Gujarat, and supplies components within the automotive supply chain. Its manufacturing capabilities cover applications for both conventional internal-combustion vehicles and electric vehicles.
Kheria Autocomp Financial Performance Shows Revenue Expansion
The company has reported substantial growth in revenue and profit over the last three financial years. Revenue increased from ₹62.40 crore in FY2024 to ₹120.30 crore in FY2026, while profit after tax rose from ₹3.31 crore to ₹11.42 crore during the same period.
| Financial Year | Revenue | PAT |
|---|---|---|
| FY2024 | ₹62.40 Cr | ₹3.31 Cr |
| FY2025 | ₹92.31 Cr | ₹8.24 Cr |
| FY2026 | ₹120.30 Cr | ₹11.42 Cr |
FY2026 EBITDA was reported at approximately ₹23.18 crore, reflecting the company's improved operating performance over the period.
Kheria Autocomp IPO Proceeds Will Support New Facility
A significant portion of the IPO money is planned for setting up a new manufacturing facility for plastic moulded automotive components. Around ₹39.96 crore, representing approximately 86% of the issue size, has been earmarked for this purpose.
The expansion is intended to increase the company's manufacturing capacity and support its future automotive component requirements.
Kheria Autocomp IPO Business Concentration Remains Important
Kheria Autocomp's operations are closely connected with the Gujarat automotive manufacturing ecosystem. Its Sanand location provides access to an established automotive supply chain, but the company also has considerable customer and geographic concentration.
A large proportion of its business is associated with customers located in Gujarat, while a limited number of customers account for a significant share of revenue. This makes customer retention, order continuity and automobile production volumes important factors for the company's future performance.
Kheria Autocomp IPO Key Risks
The company operates in an industry where demand is influenced by vehicle production and broader automobile-market conditions. Changes in customer orders could therefore affect production and revenue.
Other factors to monitor include customer concentration, dependence on the Gujarat market, raw-material costs, competition among automotive component manufacturers and the execution of the proposed new manufacturing facility.
The SME nature of the listing can also result in different trading liquidity and price movements compared with larger mainboard companies.
Kheria Autocomp IPO Allotment and Listing Dates
The IPO is scheduled to close on September 21. The basis of allotment is expected on September 22, followed by refund initiation and demat credit on September 23. The shares are scheduled to list on the NSE SME platform on September 24, 2026.
| Event | Date |
|---|---|
| IPO Closing | Sep 21, 2026 |
| Allotment | Sep 22, 2026 |
| Refund | Sep 23, 2026 |
| Demat Credit | Sep 23, 2026 |
| Listing | Sep 24, 2026 |
Kheria Autocomp IPO Latest News Summary
Kheria Autocomp IPO is now approaching the end of its subscription period with the latest reported GMP at ₹3. The company has recorded strong revenue and profit growth between FY2024 and FY2026, while the IPO proceeds are primarily directed toward expanding its manufacturing capacity.
The final subscription numbers, GMP movement and NSE SME listing will provide the next important updates for the issue. Investors should also examine the company's customer concentration, automotive-sector exposure and expansion plans along with the financial performance.
Disclaimer: IPO GMP is an unofficial and unregulated market indicator and may change at any time. This article is for informational purposes only and should not be considered investment advice.
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