Kheria Autocomp IPO
ListedSMEAuto Ancillaries
2.48×
Subscribed
Price band
₹96 – ₹101
Lot size
1,200
1 lot = ₹1,21,200
Issue size
₹46.44 Cr
Open – close
17 Sept 2026
to 21 Sept 2026
Listing
24 Sept 2026
Listing gain
+3.86%
What the filing actually says
Our read of the offer document and the exchange data — not the issuer's summary of itself
We can't judge this issue yet. A verdict needs at least three independent dimensions — valuation, growth, profitability, balance sheet, issue structure, governance or demand — and this issue does not yet publish enough of them for a read that would mean anything. The offer document has been analysed but reports too few of these to conclude on. A confident score from two fields would be worse than this notice.
Dates
The issuer's tentative timetable — a date passing is not confirmation the step completed
- Opens17 Sept 2026
- Closes21 Sept 2026
- Allotment22 Sept 2026
- Listing24 Sept 2026
Demand and your odds
How the book filled, and what that means for an application
Subscription by category
Qualified institutionalQIB1.05x
Non-institutionalNII / HNI2.97x
Big NIIabove ₹10L2.42x
Small NII₹2L – ₹10L4.07x
Retail individualRII3.08x
2,290 applications received — how many people bid, as opposed to how much money did. Exchange figures as of 21 Sept 2026.
Chance of allotment
Retail3.08× subscribed
~1 in 3.1
Minimum 2 lots · 2,400 shares · ₹2,42,400 blocked
Retail is 3.08× subscribed. Allotment is a lottery on a single lot, so roughly 1 in 3.1 applications gets one lot. Bidding for extra lots does not improve these odds.
HNI / NII2.97× subscribed
~1 in 3
Minimum 1 lot · 1,200 shares · ₹1,21,200 blocked
HNI is 2.97× subscribed. This category is allotted proportionately, so a bid receives roughly 1/3 of the shares applied for, subject to the minimum-lot draw.
Derived from SEBI's allotment mechanics and the subscription figures beside it. Retail allotment is a lottery on a single lot, so applying for more lots does not improve your chance of getting something.
Grey market premium
Unofficial dealer quotes — not published by NSE, BSE, SEBI or the company
₹10+9.9%
over the upper band · last seen 29 Sept 2026 · flat since 16 Sept 2026
What this number is not. Grey-market premium is an unregulated, thinly-traded quote from private dealers. It is not a forecast of the listing price, it is not verifiable, and it can be moved by the same people who benefit from it looking high. We publish it because you will look it up anyway — and we deliberately do not convert it into an expected listing gain, because that arithmetic implies a reliability the number has never earned. For what actually happened to comparable issues, see recent outcomes below.
The offering
Terms, structure and who is selling
Terms
Price band₹96 – ₹101
Face value₹10
Lot size1,200shares
Minimum application₹1,21,200at cut-off
Total issue size₹46.44 Cr
Listing atSME platform
Anchor investorsAllotted
Company & valuation
ROE33.72%
ROCE26.89%
Debt/Equity0.89
RoNW33.72%
PAT Margin9.52%
EBITDA Margin19.08%
NAV35.13
ISININE0HOL01013
RegistrarKARVY
Who gets what
How the issue is split between investor categories, and what each may bid.
| Category | Shares | % of issue |
|---|---|---|
| QIB | 21,84,000 | 47.49% |
| Anchor Investor | 13,10,400 | 28.50% |
| QIB (Ex. Anchor) | 8,73,600 | 19.00% |
| NII (HNI) | 6,55,200 | 14.25% |
| bNII > ₹10L | 4,35,600 | 9.47% |
| sNII < ₹10L | 2,19,600 | 4.78% |
| Retail | 15,28,800 | 33.25% |
| Market Maker | 2,30,400 | 5.01% |
Total issue 45,98,400 shares. Indented rows sit inside the category above them and are not added to it.
What each category may bid
Individual investors (IND) (Min)₹2,42,4002 lots · 2,400 sh
Individual investors (IND) (Max)₹2,42,4002 lots · 2,400 sh
S-HNI (Min)₹3,63,6003 lots · 3,600 sh
S-HNI (Max)₹9,69,6008 lots · 9,600 sh
B-HNI (Min)₹10,90,8009 lots · 10,800 sh
Lot size alone does not answer "how much do I need" — an S-HNI minimum is several lots, not one.
Anchor book
Shares allotted13,10,400
Anchor portion₹13.24 Cr
Bid date16 Sept 2026
Lock-in ends (50%)22 Oct 2026
Lock-in ends (rest)21 Dec 2026
Anchors are institutional money placed a day before bidding opens, against a lock-in. Those two dates are when that stock can first be sold — a supply event worth knowing if you still hold.
How the issuer compares
The listed companies the offer document itself names as comparable.
| Company | EPS | P/E | NAV | RoNW |
|---|---|---|---|---|
| Kheria Autocomp Limitedthis issue | 10.15 | — | 10.00 | 33.72% |
| Machino Plastics Limited | 2.16 | 104.31 | 10.00 | 1.32% |
| PPAP Automotive Limited | 30.61 | 5.82 | 11.00 | 13.73% |
Blank cells are figures the offer document does not publish. An unlisted issuer has no market price, so it has no price-based multiple until it lists — which is exactly why the comparison is against companies that already trade. The peer set is the issuer's own selection, so read it as the flattering-est comparison available rather than a neutral one.
Risks worth reading
Ranked by our severity assessment, not by the order the prospectus prints them
mediumA substantial portion of our revenue is derived from customers located in the state of Gujarat. Any adverse developments in this region may materially and adversely affect our business and results of operations.
mediumWe are dependent on Tier-I vendors, whose demand is directly linked to OEM procurement cycles. Any reduction or discontinuance of their demand may adversely affect our business, financial condition and results of operations.
What happened to comparable issues
The last 8 issues to list with a recorded opening price, most comparable first
Median listing gain
-1.0%
Listed up
1 of 8
Best
+0.4%
Papadmalji Agro Foods Limited
Worst
-13.8%
Dudani Retail
Ravita Engineering Services Limitedsame segment
6.7× sub+0.0%
Vaibhav Vyapaar Limitedsame segment
3.1× sub-2.0%
R.K. Fashion Accessories Limitedsame segment
2.6× sub-2.4%
Eventions Limitedsame segment
2.3× sub-5.9%
Green Asia Impexsame segment
1.0× sub+0.0%
Papadmalji Agro Foods Limitedsame segment
2.5× sub+0.4%
Dudani Retailsame segment
1.4× sub-13.8%
Bench Mark Infotechsame segment
96.0× sub+0.0%
Past issues are context, not a forecast — this issue is a different company at a different price. We show it because "how have issues like this one actually opened" is a question with a real answer, and grey-market premium is not that answer.
About Kheria Autocomp
Kheria Autocomp Limited, incorporated in 2009, is an auto ancillary company engaged in plastic injection moulding and sub-assembly operations, primarily supplying the automotive sector. It operates as a Tier-II supplier, manufacturing components based on specifications provided by Tier-I vendors serving passenger vehicle OEMs. Its products include interior cabin trims, exterior plastic parts, under-hood components, and HVAC ducts for both internal combustion engine and electric vehicles. The company operates a manufacturing facility at Tata Vendor Park, Sanand, Gujarat, spread across approximately 3 acres. As of FY26, the facility has 30 injection moulding machines with capacities ranging from 120 to 1,700 tonnes and an installed capacity of 5,400 MTPA. The facility also uses automation, robotic systems, and vision measuring equipment. The company is certified under IATF 16949, ISO 45001:2018 and ISO 14001:2015. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes: Part funding of capital expenditure for setting up a new manufacturing facility for plastic moulded auto components – Rs 39.96 crore General corporate purposes
Founded 2009MD Mr Vinay KheriaSector Auto Ancillaries
Offer documents
The primary sources everything above is drawn from
Common questions
What is the Kheria Autocomp IPO GMP today?
The most recent grey-market premium recorded for Kheria Autocomp is ₹10 per share — about 9.9% over the ₹101 upper band. Grey-market premium is an unofficial, unregulated quote from private dealers. It is not published by NSE, BSE, SEBI or the company, and it is not a forecast of the listing price.
How many times is the Kheria Autocomp IPO subscribed?
Kheria Autocomp is subscribed 2.48× overall (QIB 1.05×, NII 2.97×, retail 3.08×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar, KARVY.
What is the minimum investment in the Kheria Autocomp IPO?
One lot is 1,200 shares, so a retail application at the ₹101 cut-off price blocks ₹1,21,200. Retail applications are capped at ₹2,00,000; above that you bid in the HNI category, where allotment is proportionate rather than by lottery.
What are the chances of allotment in the Kheria Autocomp IPO?
The retail portion is subscribed 3.08×, so allotment is by lottery and the odds of receiving at least one lot are roughly 1 in 3. Applying for more lots does not improve the chance of getting something — every retail applicant competes for the same single minimum lot.
When is the Kheria Autocomp IPO allotment date?
Allotment is scheduled for 2026-09-22, with listing on 2026-09-24. These dates are the issuer's tentative timetable — a date passing is not confirmation that the step completed. Allotment status is published by the registrar, KARVY.
Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey-market premium is unofficial and is not a forecast. Nothing here is investment advice or a recommendation — read the offer document and consult a SEBI-registered adviser before applying.