Arunaya Organics IPO

NSELot: 2000

LISTEDSME
Issue Price58
Listing62.29
Current18
Price Band
55 - ₹58
Lot Size
2,000
Issue Size
₹33.99 Cr
GMP
0
Subscription
0.75x

IPO Schedule

1
Open
29 Apr
2
Close
2 May
3
Allotment
-
4
Listing
7 May

About Arunaya Organics

Arunaya Organics is an SME focused on the manufacturing and distribution of organic agricultural products. They cater to the growing demand for sustainable farming practices by offering a range of organic fertilizers, pesticides, and other agricultural inputs. They aim to promote eco-friendly farming practices and improve crop yields for farmers.

Subscription Status

QIB
0.97x
NII
0.05x
Retail
1.35x
CategoryDay 3Day 2Day 1
QIB1.01x1.00x0.97x
NII1.49x0.40x0.05x
Retail4.33x1.97x1.35x
Total2.53x1.15x0.75x

Risk Factors

SME IPOs are generally more volatile and carry higher risk compared to mainboard IPOs.
Dependence on specific geographical regions or customer segments could impact revenue if unforeseen circumstances arise.
Fluctuations in raw material prices and availability could affect profitability.