The Kheria Autocomp IPO opened for subscription on September 17, 2026, and will close on September 21, 2026. The NSE SME IPO has a price band of ₹96 to ₹101 per share and an issue size of ₹46.44 crore. The entire issue is a fresh issue of 45.98 lakh shares.
| Particular | Details |
|---|---|
| IPO Name | Kheria Autocomp IPO |
| IPO Dates | Sep 17–21, 2026 |
| IPO Type | NSE SME |
| Price Band | ₹96–₹101 |
| Issue Size | ₹46.44 Cr |
| Issue Type | Fresh Issue |
| Shares Offered | 45.98 Lakh |
| Lot Size | 1,200 Shares |
| Min Application | 2,400 Shares |
| Min Investment | ₹2,42,400 |
| Allotment | Sep 22, 2026 |
| Refund/Demat | Sep 23, 2026 |
| Listing Date | Sep 24, 2026 |
| Listing | NSE SME |
| Lead Manager | SMC Capitals |
| Registrar | KFin Technologies |
Kheria Autocomp IPO GMP Today
The latest Kheria Autocomp IPO GMP is around ₹10 per share. At the upper IPO price of ₹101, this gives an unofficial indicated price of around ₹111 per share, representing approximately 9.90% over the issue price.
The GMP has remained around ₹10 in recent grey-market updates. However, GMP is unofficial and unregulated and can change before the listing. It should not be treated as a guaranteed listing price.
Kheria Autocomp IPO Subscription Status
The Kheria Autocomp IPO subscription received a relatively limited response on Day 1. By the end of September 17, the issue was subscribed around 0.21 times, according to HDFC Sky, with retail subscription at 0.24x and NII subscription at 0.42x.
Moneycontrol's exchange-linked data showed a different cut-off time and reported overall subscription of around 0.07x on Day 1, illustrating that subscription figures can vary depending on the reporting time.
| Investor Category | Day 1 Subscription |
|---|---|
| QIB | 0.00x |
| NII | 0.42x |
| Retail | 0.24x |
| Overall | 0.21x |
The final subscription figure will be available after bidding closes on September 21.
Kheria Autocomp IPO Lot Size and Minimum Investment
The Kheria Autocomp IPO lot size is 1,200 shares. However, retail investors need to apply for a minimum of two lots, or 2,400 shares. At the upper price band of ₹101, the minimum application amount is ₹2,42,400.
| Particular | Details |
|---|---|
| Lot Size | 1,200 Shares |
| Minimum Application | 2,400 Shares |
| Upper Price | ₹101 |
| Minimum Investment | ₹2,42,400 |
| S-HNI Minimum | 3,600 Shares |
The relatively high minimum application amount is an important feature of the SME IPO.
Kheria Autocomp Company Business
Kheria Autocomp Limited is an automotive component manufacturer based in Sanand, Gujarat. The company specialises in plastic injection moulding and manufactures components and sub-assemblies primarily for Tier-I automotive suppliers.
Its product portfolio includes plastic components used in automotive interiors, exteriors and under-hood applications. The company has exposure to both conventional internal-combustion-engine vehicles and electric-vehicle components.
The company was incorporated in 2009 and has developed its manufacturing capabilities over the years, including automation and solar rooftop infrastructure. Its turnover crossed ₹100 crore in 2026.
Kheria Autocomp Manufacturing Operations
The company's manufacturing operations are located in Sanand, Gujarat, an established automotive manufacturing hub. Its facility is equipped for plastic injection moulding across different machine capacities and supports the production of automotive components and sub-assemblies.
The company is also planning to establish an additional manufacturing facility at GIDC Sanand-II Industrial Estate. The expansion is a major part of the IPO's proposed use of funds and is intended to increase its manufacturing capacity.
Kheria Autocomp IPO Financial Performance
Kheria Autocomp has reported consistent growth in revenue and profitability over the last three financial years. Total income increased from approximately ₹62.40 crore in FY24 to ₹92.31 crore in FY25 and ₹120.30 crore in FY26. PAT increased from ₹3.31 crore to ₹8.24 crore and then ₹11.42 crore.
| Financial Year | Total Income | PAT |
|---|---|---|
| FY24 | ₹62.40 Cr | ₹3.31 Cr |
| FY25 | ₹92.31 Cr | ₹8.24 Cr |
| FY26 | ₹120.30 Cr | ₹11.42 Cr |
FY26 EBITDA was approximately ₹22.90 crore, while total borrowings stood at around ₹35.03 crore. Net worth was approximately ₹39.52 crore at the end of FY26.
Kheria Autocomp IPO Objects of the Issue
The Kheria Autocomp IPO is entirely a fresh issue, so the funds raised will go to the company rather than existing shareholders through an OFS.
Approximately ₹39.96 crore of the IPO proceeds is proposed for establishing a new manufacturing facility at GIDC Sanand-II Industrial Estate. The remaining amount is intended for general corporate purposes.
| Use of IPO Funds | Amount |
|---|---|
| New Sanand Manufacturing Facility | ₹39.96 Cr |
| General Corporate Purpose | Balance |
| Total Issue | ₹46.44 Cr |
The proposed facility is expected to support future production capacity and business expansion.
Kheria Autocomp IPO Customer Profile
Kheria Autocomp operates within the automotive supply chain, primarily supplying Tier-I suppliers. This creates an established route into the automotive market but also means that customer relationships and order volumes are important to the company's revenue.
Customer concentration is a key factor to monitor. Available IPO analysis indicates that the company's top five customers accounted for approximately 97.32% of revenue, showing a high dependence on a limited number of customers.
Such concentration means changes in orders, production schedules or relationships with major customers could have a material effect on the company's financial performance.
Kheria Autocomp IPO Strengths
The Kheria Autocomp IPO has several notable business characteristics:
- Automotive component manufacturing experience since 2009.
- Specialisation in plastic injection moulding.
- Exposure to both ICE and EV automotive components.
- Manufacturing presence in Sanand, Gujarat.
- Revenue and PAT growth through FY26.
- Planned expansion through a new Sanand manufacturing facility.
- Existing automation and manufacturing capabilities.
- Entire IPO proceeds are being raised as fresh capital.
These points describe the company's current business profile and expansion plans and do not guarantee future financial or share-price performance.
Kheria Autocomp IPO Risks
The Kheria Autocomp IPO has several risks that investors should examine. The company's high customer concentration is an important consideration because a large share of revenue is generated from a small number of customers.
The business is also exposed to fluctuations in polymer and other raw-material prices. Changes in automobile production volumes, competition among component manufacturers and changes in vehicle technology can affect demand.
The planned Sanand expansion also involves execution and capital-spending requirements. In addition, the company operates in the SME segment, where trading liquidity can differ from mainboard-listed companies.
Kheria Autocomp IPO Important Dates
The Kheria Autocomp IPO opened on September 17 and closes on September 21, 2026. The basis of allotment is scheduled for September 22, refunds and demat credit are expected on September 23, and the shares are scheduled to list on NSE SME on September 24, 2026.
| Event | Date |
|---|---|
| IPO Opens | Sep 17, 2026 |
| IPO Closes | Sep 21, 2026 |
| Allotment | Sep 22, 2026 |
| Refund | Sep 23, 2026 |
| Demat Credit | Sep 23, 2026 |
| Listing | Sep 24, 2026 |
Kheria Autocomp IPO Key Highlights
- Kheria Autocomp IPO issue size is ₹46.44 crore.
- Price band is ₹96–₹101 per share.
- The issue is entirely a fresh issue.
- Lot size is 1,200 shares.
- Minimum application is 2,400 shares.
- Minimum investment is ₹2,42,400.
- Latest reported GMP is around ₹10.
- Day 1 subscription was reported around 0.21x at the end of the session.
- FY26 total income was approximately ₹120.30 crore.
- FY26 PAT was approximately ₹11.42 crore.
- FY26 EBITDA was around ₹22.90 crore.
- Around ₹39.96 crore is planned for the new Sanand manufacturing facility.
- Shares are scheduled to list on NSE SME on September 24, 2026.
Kheria Autocomp IPO Review
The Kheria Autocomp IPO is a ₹46.44 crore NSE SME issue from an automotive component manufacturer focused on plastic injection moulding. The company has recorded growth in revenue and PAT through FY26 and is raising fresh capital primarily to establish another manufacturing facility in Sanand.
At the same time, investors should examine the company's high customer concentration, raw-material exposure, automotive-sector dependence, borrowings and execution requirements for the new facility. The current GMP of around ₹10 is an unofficial grey-market indicator and should not be considered a guarantee of listing performance.
Kheria Autocomp IPO Conclusion
The Kheria Autocomp IPO is priced at ₹96–₹101 per share and closes on September 21, 2026. The ₹46.44 crore NSE SME issue is entirely a fresh issue, with most of the proceeds proposed for a new manufacturing facility at Sanand, Gujarat.
The latest reported GMP is around ₹10, while Day 1 subscription was reported at approximately 0.21x. The company reported FY26 total income of ₹120.30 crore and PAT of ₹11.42 crore. Investors tracking the Kheria Autocomp IPO should monitor the final subscription figures and review the company's financial performance, customer concentration, expansion plans and SME-market risks before making an investment decision.
Disclaimer: Kheria Autocomp IPO GMP is unofficial and unregulated. GMP and subscription figures can change frequently. Investors should verify the latest IPO documents and exchange disclosures before making any investment decision.
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