Kheria Autocomp IPO GMP & Allotment
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 management systems, and modular enclosures. Operating from a leased manufacturing facility in Sanand, Gujarat, the company focuses its supply chain operations primarily within the regional automotive cluster.
- Price Band
- ₹96.00 - ₹101.00
- Lot Size
- 1,200 Shares
- Bidding Closes
- 21 Sept 2026
- Listing Date
- 24 Sept 2026
Complete IPO information
| Current GMP | ₹3 |
|---|---|
| Estimated Listing Gain | +2.97% |
| Price Band | ₹96.00 - ₹101.00 |
| Issue Price | Approx ₹46.44 Crores |
| Listing Price | Est. ₹104 |
| Lot Size | 1,200 Shares |
| Issue Type | SME |
| Registrar | TBA |
| Exchange | NSE SME |
| Retail Quota | TBA |
| Overall Subscription | 2.47x |
| Listing Date | 24 Sept 2026 |
| Minimum Investment | ₹2,42,400 |
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 8.74 | 9.17 | 1.05x |
| NII | 6.55 | 19.49 | 2.97x |
| Retail | 15.29 | 46.90 | 3.07x |
| Overall Subscription | 30.58 | 75.55 | 2.47x |
{Kheria Autocomp}: financials, valuation & listing
Listing details
| Listing date | 24 Sept 2026 |
|---|---|
| NSE symbol | KHERIAAUTO |
| ISIN | INE0HOL01013 |
| Offer price | ₹96 – ₹101 |
| Face value | ₹10 |
| Listing price | ₹104.90 |
Valuation
| Return on equity (ROE) | 33.72% |
|---|---|
| Return on capital employed (ROCE) | 26.89% |
| EBITDA margin | 19.08% |
| PAT margin | 9.52% |
| Debt to equity | 0.89 |
| EPS | 10.15 (Basic) |
| P/E ratio | N/A |
| Return on net worth | 33.72% |
| NAV per share | 35.13 |
Financial history
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 62.40 Cr. | 57.27 Cr. | 3.31 Cr. | 53.14 Cr. |
| 2025 | 92.31 Cr. | 81.87 Cr. | 8.24 Cr. | 81.79 Cr. |
| 2026 | 120.30 Cr. | 104.67 Cr. | 11.42 Cr. | 106.23 Cr. |
Peer comparison
| Company | Income | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|---|
| Machino Plastics Limited | 492.15 Cr. | 2.16 | 104.31 | 1.32% | 163.18 |
| PPAP Automotive Limited | 567.05 Cr. | 30.61 | 5.82 | 13.73% | 222.82 |
Use of proceeds
| Purpose | Amount (₹ crore) |
|---|---|
| Funding capital expenditure for a new manufacturing facility | 39.96 (86.05%) |
| General corporate purposes | 6.48 (13.95%) |
Key dates
| UPI mandate deadline | 21 Sept 2026 |
|---|---|
| Allotment finalised | 22 Sept 2026 |
| Refund initiation | 23 Sept 2026 |
| Shares credited | 23 Sept 2026 |
| Mandate end date | 06 Oct 2026 |
| Anchor lock-in ends (50%) | 21 Oct 2026 |
| Anchor lock-in ends (remaining) | 20 Dec 2026 |
Grey Market Premium (GMP) data is entirely unofficial and speculative, and is influenced by market sentiment, demand and supply for IPO shares, and market rumors. While GMP can provide an indication of the expected IPO listing price, it may not always be accurate and does not guarantee the actual listing price.
Compare Kheria Autocomp IPO with similar IPOs
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Kheria Autocomp is priced at ₹101 per share. With a minimum lot size of 1,200 shares, a retail investor applying for one lot would need approximately ₹2,42,400 to participate in this SME issue.
The latest recorded Grey Market Premium for Kheria Autocomp stands at ₹3, implying an estimated listing gain of around 2.97% over the issue price if it holds until listing. This is down ₹3 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Kheria Autocomp's IPO was subscribed 2.47x overall, with a category-wise breakdown of Retail 3.07x, QIB 1.05x, NII 2.97x.
Among the strengths highlighted in Kheria Autocomp's IPO documents: Strong manufacturing setup with 30 injection molding machines and automated robotics.; Established presence supplying Tier-I automotive vendors for major OEM cycles..
Investors should also weigh the risk factors Kheria Autocomp has disclosed, including: High customer concentration with top 10 clients contributing nearly all revenue..
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
IPO roadmap at a glance
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 21 Sept 2026 | ₹3.00 | -₹3.00 | 2.97% |
| 18 Sept 2026 | ₹6.00 | -₹4.00 | 5.94% |
| 16 Sept 2026 | ₹10.00 | - | 9.90% |
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 2,400 | ₹2,42,400 |
| Retail Maximum | 2 Lot | 2,400 | ₹2,42,400 |
| S-HNI Minimum | 3 Lot | 3,600 | ₹3,63,600 |
| S-HNI Maximum | 8 Lot | 9,600 | ₹9,69,600 |
| B-HNI Minimum | 9 Lot | 10,800 | ₹10,90,800 |
Objects of the Issue & Official Documents
Important takeaways before applying
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.
Kheria Autocomp IPO Details
Kheria Autocomp IPO is a book building issue with an issue size of -. is proposed to be listed on the NSE SME. The IPO price band is set at ₹96.00 to ₹101.00 per equity share.
| Particular | Details |
|---|---|
| IPO Open Date | 17 Sept 2026 |
| IPO Close Date | 21 Sept 2026 |
| IPO Price Band | ₹96.00 to ₹101.00 |
| Issue Size | - |
| Fresh Issue | - |
| Issue Type | SME |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus | - |
| RHP Draft Prospectus | - |
Note: The above Kheria Autocomp IPO details are based on the information provided for the issue.
Kheria Autocomp IPO Reservation
The Kheria Autocomp IPO shares are reserved across qualified institutional buyers, non-institutional investors and retail investors. The reservation structure indicates the portion of the issue available to each investor category.
QIB investors have been offered 21,84,000 shares, while NII investors have a reservation of 6,55,200 shares. Retail investors have been allocated 15,28,800 shares under the IPO reservation structure.
| Investor Category | Share Offered | Shares (%) |
|---|---|---|
| QIB Shares Offered | 21,84,000 Shares | 19.00% |
| NII Shares Offered | 6,55,200 Shares | 14.25% |
| Retail Shares Offered | 15,28,800 Shares | 33.25% |
Note: The reservation figures are based on the Kheria Autocomp IPO information provided.
Kheria Autocomp IPO Anchor Investors
The Kheria Autocomp IPO anchor bidding is scheduled for September 16, 2026, one day before the public issue opens. Anchor investors are allotted shares ahead of the IPO opening as part of the institutional allocation process.
A total of 13,10,400 shares have been offered to anchor investors. Details regarding the anchor allocation and applicable lock-in periods are provided in the IPO offer documents.
| Particular | Details |
|---|---|
| Anchor Bidding Date | September 16, 2026 |
| Shares Offered | 13,10,400 Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date 50% Shares (90 Days) | 2026 |
Note: Anchor investor details and lock-in dates are based on the Kheria Autocomp IPO information provided.
Kheria Autocomp IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 17 Sept 2026 |
| IPO Close Date | 21 Sept 2026 |
| Basis of Allotment | 22 Sept 2026 |
| Refunds | 23 Sept 2026 |
| Credit to Demat Account | 23 Sept 2026 |
| IPO Listing Date | 24 Sept 2026 |
Note: The timeline for Kheria Autocomp IPO is tentative and subject to change.
Kheria Autocomp Promoters and Holding Pattern
The promoters of Kheria Autocomp Limited are Tara Chand Kheria, Vinay Kheria, Sushma Kheria and Santosh Devi Kheria. The promoter and promoter group held the entire pre-IPO share capital of the company.
Following the IPO, the promoter and promoter group holding is expected to stand at 70.99%, while the remaining 29.01% will be held by other shareholders. The change reflects the dilution in promoter ownership after the issue of new shares.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 1,12,50,000 | 100% | 11,250,000 | 70.99% |
| Others* | – | -% | 4,598,400 | 29.01% |
| Total | 1,12,50,000 | 100% | 15,848,400 | 100% |
Note: The holding pattern is based on the Kheria Autocomp IPO shareholding information provided.
Kheria Autocomp Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Purpose | INR crores (%) |
| Funding capital expenditure for a new manufacturing facility | 39.96 (86.05%) |
| General corporate purposes | 6.48 (13.95%) |
Note: Objectives are as specified in the DRHP/RHP documents of Kheria Autocomp.
Kheria Autocomp About IPO
Set up in 2009, Kheria Autocomp is a prominent auto ancillary unit that is involved in the business of plastic injection moulding. The firm mainly manufactures plastic injection moulding and sub-assembly operations, supplying them to automobile companies. Its product portfolio includes interior cabin trims, exterior plastic parts, under-hood components, and heating, ventilation, and air-conditioning (HVAC) ducts, catering to both internal combustion engine and electric vehicles (EVs).
Kheria Autocomp operates as a Tier-II supplier, where they supply plastic parts to Tier-I companies. These Tier-I companies then supply the parts to original equipment manufacturers (“OEMs”) in vehicle categories. Moreover, its manufacturing facility is located at Sanand, Gujarat, spanning an area of 3 acres of land. The facility includes 30 injection moulding machines with capacities from 120 to 1,700 tons.
Kheria Autocomp Company Financials
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 62.40 Cr. | 57.27 Cr. | 3.31 Cr. | 53.14 Cr. |
| 2025 | 92.31 Cr. | 81.87 Cr. | 8.24 Cr. | 81.79 Cr. |
| 2026 | 120.30 Cr. | 104.67 Cr. | 11.42 Cr. | 106.23 Cr. |
Note: Financial numbers for Kheria Autocomp are in ₹ Crores unless stated otherwise.
Kheria Autocomp Company Valuation – FY2026
| KPI | Values |
|---|---|
| ROE | 33.72% |
| ROCE | 26.89% |
| EBITDA Margin | 19.08% |
| PAT Margin | 9.52% |
| Debt to Equity Ratio | 0.89 |
| Earning Per Share (EPS) | 10.15 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 33.72% |
| Net Asset Value (NAV) | 35.13 |
Note: Valuation KPIs for Kheria Autocomp are computed for FY2026.
Kheria Autocomp IPO Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Machino Plastics Limited | 2.16 | 104.31 | 1.32% | 163.18 | 492.15 Cr. |
| PPAP Automotive Limited | 30.61 | 5.82 | 13.73% | 222.82 | 567.05 Cr. |
Note: Peer group comparisons for Kheria Autocomp are sourced from DRHP filings.
Kheria Autocomp IPO Lead Managers aka Merchant Bankers
- SMC Capitals Ltd.
Kheria Autocomp IPO FAQs
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