Kheria Autocomp IPO
Kheria Autocomp IPO is an NSE SME book-built issue of approximately ₹46.44 crore, comprising an entirely fresh issue of 45,98,400 equity shares. The price band is ₹96 to ₹101 per share, with a face value of ₹10 per share. The IPO is scheduled to open on 1
Kheria Autocomp IPO Details
Kheria Autocomp IPO bidding is scheduled to start on 17 September 2026 and end on 21 September 2026. The basis of allotment is expected on 22 September 2026, followed by refunds and credit of shares to Demat accounts on 23 September 2026. The shares are scheduled to be listed on NSE SME on 24 September 2026.
Kheria Autocomp IPO GMP
Kheria Autocomp IPO GMP is currently reported at around ₹0 per share. Since the price band is ₹96 to ₹101, a ₹0 GMP indicates an unofficial estimated listing price equal to the issue price. GMP is an unofficial grey-market indicator and does not guarantee the actual listing price.
Kheria Autocomp IPO Timeline (Tentative)
Kheria Autocomp IPO is scheduled to open on 17 September 2026 and close on 21 September 2026. The basis of allotment is expected on 22 September, followed by refund initiation and credit of shares to successful applicants on 23 September. The shares are scheduled to list on NSE SME on 24 September 2026. The specific anchor bidding date and application lot size are not available in the latest published IPO data reviewed.
| Event | Tentative Date |
|---|---|
| IPO Open Date | Thu, Sep 17, 2026 |
| IPO Close Date | Mon, Sep 21, 2026 |
| Basis of Allotment | Tue, Sep 22, 2026 |
| Initiation of Refunds | Wed, Sep 23, 2026 |
| Credit of Shares to Demat | Wed, Sep 23, 2026 |
| Listing Date | Thu, Sep 24, 2026 |
| Anchor Investor Bidding | N.A. |
| IPO Opens | 17 September 2026 |
| IPO Closes | 21 September 2026 |
| Basis of Allotment | 22 September 2026 |
| Refund Initiation | 23 September 2026 |
| Credit of Shares to Demat | 23 September 2026 |
| Listing Date | 24 September 2026 |
Kheria Autocomp IPO Lot Size
The final IPO lot size and corresponding minimum application amount are not available in the latest published IPO information reviewed. Therefore, the application quantities have been kept as N.A. rather than estimated.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | N.A. | N.A. | N.A. |
| Retail (Max) | N.A. | N.A. | N.A. |
| S-HNI (Min) | N.A. | N.A. | N.A. |
| S-HNI (Max) | N.A. | N.A. | N.A. |
| B-HNI (Min) | N.A. | N.A. | N.A. |
Kheria Autocomp IPO Reservation
Kheria Autocomp IPO comprises 45,98,400 equity shares. After the firm reservation of 2,30,400 shares for the market maker, the net offer to the public is 43,68,000 shares. Of the Net Offer, 50% is allocated to QIBs, 15% to NIIs and 35% to Retail Individual Investors.
Kheria Autocomp IPO Subscription
Kheria Autocomp IPO is an upcoming issue and subscription bidding has not yet started. Therefore, QIB, NII, Retail and Total subscription figures are currently not available.
| Category | Subscription (times) |
|---|---|
| QIB | N.A. |
| NII | N.A. |
| RII | N.A. |
| Total | N.A. |
About Kheria Autocomp
Kheria Autocomp Limited is an auto ancillary company incorporated in 2009 and based in Sanand, Gujarat. The company is engaged in plastic injection moulding and sub-assembly operations, primarily supplying moulded plastic components to the automotive sector. It operates as a Tier-II supplier to Tier-I automotive component manufacturers that supply parts to original equipment manufacturers.
The company's product portfolio includes interior cabin trims, exterior plastic parts, under-hood components and heating, ventilation and air-conditioning ducts. Its products are used in vehicles powered by both internal combustion engines and electric vehicle platforms, giving the company exposure to multiple areas of the evolving automotive industry.
Kheria Autocomp operates a manufacturing facility within Tata Vendor Park at Sanand, Gujarat, spread across approximately 3 acres. The facility has 30 injection moulding machines with capacities ranging from 120 tons to 1,700 tons. The company has also installed a 636 kW solar power system and four groundwater recharge wells at the manufacturing site. As of 31 August 2025, the company had approximately 113 employees.
The company reported revenue of approximately ₹92.31 crore in FY2025 compared with ₹62.40 crore in FY2024. Profit after tax increased to ₹8.24 crore in FY2025 from ₹3.31 crore in FY2024.
Strengths
- Established presence in automotive plastic injection moulding.
- Supplies components for both ICE and electric vehicles.
- Operates as a Tier-II supplier to the automotive component ecosystem.
- Diverse product portfolio covering interior, exterior, under-hood and HVAC components.
- Manufacturing facility located in the established Tata Vendor Park at Sanand.
- 30 injection moulding machines with capacities ranging from 120 to 1,700 tons.
- Revenue increased strongly from FY2024 to FY2025.
- Profitability improved significantly during FY2025.
- Planned new manufacturing facility can support future production capacity.
- Installed solar power capacity supports the company's sustainability initiatives.
Risks to Consider
- The company is exposed to the cyclicality of the automotive industry.
- A substantial portion of its business depends on automotive customers and Tier-I suppliers.
- Customer concentration may affect revenue if major customers reduce orders.
- Raw material price fluctuations can affect manufacturing margins.
- The business requires significant working capital for inventory and receivables.
- Manufacturing operations are concentrated in Sanand, Gujarat.
- The company faces competition from other automotive component manufacturers.
- Expansion of manufacturing capacity involves execution and capital expenditure risks.
- Demand from the electric vehicle segment may change with technology, regulation and market conditions.
- The company remains exposed to changes in automobile production volumes and OEM demand.
Kheria Autocomp Financials (₹ Cr)
Kheria Autocomp reported consistent growth in revenue and profitability during FY2023–FY2025. Revenue increased from ₹49.94 crore in FY2023 to ₹62.31 crore in FY2024 and ₹92.07 crore in FY2025 on the restated financial basis. PAT increased from ₹2.74 crore in FY2023 to ₹3.30 crore in FY2024 and ₹8.24 crore in FY2025.
| Period | Revenue | PAT | Total Assets | Net Worth |
|---|---|---|---|---|
| FY2023 | 49.94 | 2.74 | 37.79 | 16.70 |
| FY2024 | 62.31 | 3.30 | 53.13 | 20.00 |
| FY2025 | 92.07 | 8.24 | 81.78 | 28.22 |
KPIs & Valuation
Kheria Autocomp reported FY2025 EBITDA margin of 17.81%, PAT margin of 8.95%, ROE of 29.20%, ROCE of 25.21% and debt-to-equity of 1.09x. The reported FY2025 basic EPS was ₹18.32 on a post-bonus basis, while the IPO valuation data reports pre-IPO EPS of ₹10.15 and post-IPO EPS of ₹7.21.
Objects of the Issue
The Kheria Autocomp IPO is entirely a fresh issue. The company proposes to utilise the Net Proceeds primarily for part funding of capital expenditure for setting up a new manufacturing facility for plastic moulded auto components at GIDC Sanand Industrial Park and for general corporate purposes.
- The company proposes to utilise the IPO proceeds for:
- Part funding of capital expenditure for setting up a new manufacturing facility for plastic moulded auto components at GIDC Sanand Industrial Park.
- General corporate purposes.
- The proposed expansion is intended to increase manufacturing capacity and support the company's future growth in the automotive component market.
Promoters, Lead Managers & Registrar
Kheria Autocomp Limited is promoted by Tara Chand Kheria, Vinay Kheria, Sushma Kheria and Santosh Devi Kheria. SMC Capitals Limited is the Book Running Lead Manager, while KFin Technologies Limited is the Registrar to the Issue.
Promoters
Lead Managers (BRLM)
Registrar
| Name | KFin Technologies Limited |
|---|---|
| Phone | +91 40 6716 2222 / +91 40 7961 1000 |
| einward.ris@kfintech.com | |
| Website | www.kfintech.com |
Kheria Autocomp IPO Review
Kheria Autocomp operates in the automotive component manufacturing industry with a specific focus on plastic injection moulding and sub-assembly operations. Its position as a Tier-II supplier gives it exposure to established automotive supply chains, while its product range covers components used across both conventional and electric vehicles.
The company's financial performance has improved considerably. Revenue increased from ₹49.94 crore in FY2023 to ₹62.31 crore in FY2024 and ₹92.07 crore in FY2025 on the restated financial basis. EBITDA increased from ₹6.81 crore in FY2023 to ₹9.83 crore in FY2024 and ₹16.40 crore in FY2025. PAT increased from ₹2.74 crore to ₹3.30 crore and ₹8.24 crore over the same period.
The company reported FY2025 EBITDA margin of 17.81%, PAT margin of 8.95%, ROE of 29.20% and ROCE of 25.21%. These figures indicate an improvement in profitability and capital efficiency compared with earlier years.
The proposed new manufacturing facility is another important aspect of the IPO. Additional production capacity could allow the company to handle higher customer requirements and strengthen its position in the automotive component supply chain. However, the expansion will require successful execution and sufficient demand from customers.
Investors should also consider the risks associated with the automotive sector, including demand cycles, customer concentration, raw material prices and competition. The company operates in a specialised manufacturing segment, but its future growth depends on maintaining customer relationships and securing additional business.
At the upper price band of ₹101, the reported pre-IPO EPS of ₹10.15 implies a P/E of approximately 9.95x, while the post-IPO EPS of ₹7.21 implies a P/E of approximately 14.01x. The valuation should be assessed alongside the company's growth prospects, debt position, return ratios and comparable listed automotive component companies.
Overall, Kheria Autocomp offers exposure to automotive plastic components and the expanding EV supply chain, supported by improving revenue and profitability. Investors should nevertheless evaluate customer concentration, automotive-sector cyclicality, expansion execution, working-capital requirements and valuation before making an investment decision.
How to Apply
Kheria Autocomp IPO applications can be made through ASBA or UPI-supported IPO applications.
Through UPI
- Log in to your stockbroker app or website.
- Go to the IPO section.
- Select Kheria Autocomp IPO.
- Enter the number of lots you want to apply for.
- Select the bid price. Eligible investors can use the Cut-off option where available.
- Enter your valid UPI ID.
- Submit the IPO application.
- Open your UPI application when the mandate request arrives.
- Approve the mandate using your UPI PIN.
- The application amount will be blocked in your bank account. If shares are allotted, the required amount will be debited; otherwise, the blocked amount will be released.
Last updated Sep 10, 2026.