Aureate Tradde IPO Opens Friday

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May 28, 2026 16:46

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Aureate Tradde launches its Rs 27.3 crore IPO on May 29. The IPO will remain open till June 2. Check details here.
Aureate Tradde IPO Opens Friday
Illustration: Dominic Xavier/Rediff.com
New Delhi, May 28 (PTI) Aureate Tradde, an importer and distributor of chemicals and lithium-ion battery components, is set to launch its Rs 27.3 crore initial public offering (IPO) for subscription on May 29.

The bidding window for the IPO will remain open till June 2. Shares of Aureate Tradde are tentatively scheduled to be listed on the BSE SME platform on June 5, the company said in a statement.

The public offer comprises entirely a fresh issue of up to 38.98 lakh equity shares, worth Rs 27.28 crore.

The company has fixed the issue price at Rs 70 per equity share.


The company has proposed to utilise Rs 10 crore from net proceeds of the IPO to fund working capital requirements and Rs 9.93 crore to repay debts. The remaining funds will be used for general corporate purposes.

"The IPO marks an important step in our growth journey and will support us in strengthening our working capital position, improving operational capabilities and expanding our presence across key business verticals," Kalash Shah, Chairman & MD of Aureate Tradde, said on Thursday.

Incorporated in 2018, Aureate Tradde operates in the trading and distribution of industrial and technology-driven products across polymers and petrochemicals, battery cells and EV chargers.

On the financial front, the company reported total revenue of Rs 101.83 crore and a profit after tax of Rs 4.28 crore for the period ended December 2025.

Corporate Makers Capital is the sole book-running lead manager for the IPO.
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