Aureate Tradde Ipo
Aureate Tradde IPO Review & Key Points
Review: Neutral
IPO Lead Managers aka Merchant Bankers
Corporate Makers Capital Ltd.
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date | May 29, 2026 |
| IPO Close Date | June 2, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹70 Per Share |
| Issue Size | Approx ₹27.29 Crores |
| Fresh Issue | Approx ₹27.29 Crores |
| Issue Type | Fixed Price Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 4000 | ₹2,80,000 |
| Retail Maximum | 2 | 4000 | ₹2,80,000 |
| S-HNI Minimum | 3 | 6000 | ₹4,20,000 |
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | -% |
| NII Shares Offered | 18,50,000 Shares | 47.46% |
| Retail Shares Offered | 18,52,000 Shares | 47.51% |
| IPO Open Date: | May 29, 2026 |
| IPO Close Date: | June 2, 2026 |
| Basis of Allotment: | June 3, 2026 |
| Refunds: | June 4, 2026 |
| Credit to Demat Account: | June 4, 2026 |
| IPO Listing Date: | June 5, 2026 |
| IPO Bidding Cut-off Time: | June 2, 2026 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 90,87,736 | 92.35% |
| Promoter Holding Post Issue | 1,29,85,736 | 64.63% |
| Purpose | Crores |
| Funding working capital requirements of the Company | ₹10.00 |
| Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company | ₹9.93 |
| To meet out the General Corporate Purposes. | ₹4.09 |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹211.60 | ₹210.05 | ₹1.13 | ₹38.71 |
| 2024 | ₹172.19 | ₹170.16 | ₹1.45 | ₹64.18 |
| 2025 | ₹176.62 | ₹173.16 | ₹2.57 | ₹83.11 |
| Dec 2025 | ₹102.79 | ₹96.92 | ₹4.36 | ₹98.58 |
| KPI | Values |
| ROE: | 21.88% |
| ROCE: | 20.56% |
| EBITDA Margin: | 2.91% |
| PAT Margin: | 1.48% |
| Debt to equity ratio: | 2.49 |
| Earning Per Share (EPS): | ₹2.83 (Basic) |
| Price/Earning P/E Ratio: | 24.73 |
| Return on Net Worth (RoNW): | 21.88% |
| Net Asset Value (NAV): | ₹1,361.91 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Bhavik Enterprises Limited | 3.58 | 43.85 | 5.97% | 61.62 | 527.27 Cr. |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |