
Summary
Kheria Autocomp IPO is a book-built SME issue proposed for listing on NSE EMERGE, with a total issue size of ₹46.44 crore, opening on 17 September 2026.
You can bid at ₹96.00/share–₹101.00/share, with 2 lots comprising 2,400 shares.
The company strengthened its profitability and manufacturing capabilities. However, automotive sector dependence and expansion-related execution risks require attention.
Kheria Autocomp IPO is a book-built issue of ₹46.44 crore. It includes only a fresh issue of 45,98,400 Equity Shares.
The Kheria Autocomp IPO subscription opens from 17 September 2026 and closes on 21 September 2026. The share allotment is expected on 22 September 2026. The shares to be listed on NSE SME, which is tentatively finalised on 24 September 2026.
The price band of the issue is set at ₹96.00/share–₹101.00/share. The lot size for each application is 1,200 shares. The retail investors must apply for 2 lots or 2,400 shares, which requires them to invest a minimum of ₹2,42,400.00, based on the upper band. The minimum lot for HNIs is 3 lots.
Kheria Autocomp IPO–Key Details
The following table highlights the key Kheria Autocomp IPO details:
| IPO Open | 17 September 2026 |
| IPO Close | 21 September 2026 |
| Face value | ₹10.00/share |
| Price Band | ₹96.00/share–₹101.00/share |
| Issue price | – |
| IPO Lot Size | 1,200 shares |
| Offer-for-sale | – |
| Fresh issue | 45,98,400 Equity Shares (₹46.44 crore) |
| Issue Type | SME/Bookbuilt IPO |
| Listing | NSE SME |
| Total Issue Size (₹ Crore) | ₹46.44 crore (45,98,400 Equity Shares) |
| Minimum Investment (Retail) | ₹2,42,400.00 |
Kheria Autocomp IPO–Timeline
The complete schedule of the Kheria Autocomp IPO is provided below:
| Bid Open Date | 17 September 2026 |
| Bid Close Date | 21 September 2026 |
| Allotment | 22 September 2026 |
| Refunds Initiated | 23 September 2026 |
| Share Credit Date | 23 September 2026 |
| Listing | 24 September 2026 |
| UPI mandate Cut-off time | 21 September 2026 (5 PM) |
Kheria Autocomp Limited–Key Performance Indicators (KPIs)
The financial and operating KPIs of Kheria Autocomp Limited are given below:
| KPIs | 2026 | 2025 | 2024 |
| ROE (%) | 33.72 | 34.18 | 18.02 |
| ROCE (%) | 26.89 | 25.21 | 20.32 |
| Debt-Equity Ratio (in times) | 0.89 | – | – |
| RoNW (%) | 33.72 | 34.18 | 18.02 |
| PAT Margin (%) | 9.52 | 8.95 | 5.31 |
| EBITDA Margin (%) | 19.08 | 17.58 | 15.66 |
| Price-Book Value | – | – | – |
Kheria Autocomp Limited–Financial Information
| 2026 | 2025 | 2024 | |
| Revenue | 12,001.47 | 9,207.17 | 6,231.93 |
| Assets | 10,623.17 | 8,178.56 | 5,313.87 |
| Profit/Loss After Tax | 1,142.33 | 824.49 | 330.65 |
Kheria Autocomp IPO–Subscription Status
| Date | QIB (Ex Anchor) | NII* | Individual Investors | Total |
|---|---|---|---|---|
| Sep 17 (Day 1) | 0.00 | 0.04 | 0.14 | 0.08 |
Kheria Autocomp IPO–Grey Premium Market (GMP)
The Kheria Autocomp IPO GMP is ₹10.00, last updated 16 September 2026 8:35 AM IST.
With the upper price band value ₹101.00/share, the Kheria Autocomp IPO listing price is estimated at ₹111.00. This indicates a gain of 9.90%.
| GMP Date | GMP | Est. Listing Price (cap price + GMP) | Est. Profit* | Last Updated |
|---|---|---|---|---|
| 17-09-2026 Open | ₹10 ─ | ₹111 (9.90%) | ₹12,000 | 17-Sep-2026 12:34 |
| 16-09-2026 | ₹10 ─ | ₹111 (9.90%) | ₹12,000 | 16-Sep-2026 23:32 |
| 15-09-2026 | ₹10 ▲ | ₹111 (9.90%) | ₹12,000 | 15-Sep-2026 23:33 |
| 14-09-2026 | ₹0 ─ | ₹101 (0.00%) | ₹0 | 14-Sep-2026 23:28 |
| 13-09-2026 | ₹0 ─ | ₹101 (0.00%) | ₹0 | 13-Sep-2026 23:31 |
| 12-09-2026 | ₹0 ─ | ₹101 (0.00%) | ₹0 | 12-Sep-2026 23:29 |
| 11-09-2026 | ₹0 ─ | ₹101 (0.00%) | ₹0 | 11-Sep-2026 23:29 |
| 10-09-2026 | ₹0 ─ | ₹101 (0.00%) | ₹0 | 10-Sep-2026 23:37 |
| 09-09-2026 | ₹0 ─ | ₹ (%) | 9-Sep-2026 22:20 |
Note: GMP does not represent an official price and may vary with IPO demand, market conditions and investor sentiment.
Kheria Autocomp IPO–Reservation
The Kheria Autocomp IPO has reserved shares for the following investor categories:
| Investor Classification | Shares | % Allocation |
| Market Makers | 230,400 | 5.01 |
| QIBs | 873,600 | 19 |
| Anchor Investors | 13,10,400 | 28.5 |
| NIIs | 655,200 | 14.25 |
| Retail Investors | 15,28,800 | 33.25 |
| Total | 45,98,400 | 100.00% |
Kheria Autocomp IPO–Lot Size
The Kheria Autocomp IPO application and investment details are given below:
| Application | Lot Size | Shares | Amount |
| Retail Minimum Application | 2 | 2400 | ₹2,42,400 |
| Retail Maximum Application | 2 | 2400 | ₹2,42,400 |
| S-HNI Minimum Application | 3 | 3600 | ₹3,63,600 |
| S-HNI Maximum Application | 8 | 9600 | ₹9,69,600 |
| B-HNI Minimum Application | 9 | 10800 | ₹10,90,800 |
Kheria Autocomp IPO–Anchor Investors Details
The anchor investor details of the Kheria Autocomp IPO are below:
| Bidding opens on | 16 September 2026 |
| Shares offered | 13,10,400 shares |
Kheria Autocomp IPO–Prospectus
Refer to the Kheria Autocomp IPO official documents for further information:
About Kheria Autocomp Limited
Incorporation: 12 November 2009
Managing Director: Vinay Kheria
The company is engaged in plastic injection moulding and sub-assembly operations. The company previously served the white goods segment and now focuses on automotive plastic components supplied to Tier-I vendors.
Its IPO is intended to part-fund a new manufacturing facility at GIDC Sanand Industrial Park to expand its production capacity. This is to build upon the company’s existing operational footprint at Tata Vendor Park in Sanand, Gujarat.
The key business segments of the company include:
- Interior Components: Manufactures cabin trims and other plastic moulded components for passenger vehicles.
- Exterior Components: Produces plastic parts used in exterior automotive applications.
- Under-Hood Components: Supplies moulded plastic components for under-hood vehicle applications.
- HVAC Components: Manufactures heating, ventilation and air-conditioning ducts for vehicles.
- Sub-Assembly Operations: Performs bolt assembly and insert fitting based on customer requirements.
| Name | |
| Book Running Lead Manager (BRLM) | SMC CAPITALS LIMITED |
| Registrar | KFIN TECHNOLOGIES LIMITED |
Objectives of Kheria Autocomp Limited
The Kheria Autocomp IPO proceeds are proposed to be utilised for the following purposes:
| Particulars | Amount (in ₹ Lakhs) |
| Capital expenditure for funding set-up of new manufacturing facility | 3,995.69 |
| Corporate purposes | – |
Kheria Autocomp Limited–Strengths
- Experience-Driven Manufacturing Excellence: Over a decade of plastic injection moulding experience and established Tier-I supplier relationships support automotive requirements, with revenue growing at a 38.77% CAGR during FY24-FY26.
- Strategically Located Manufacturing Facilities: Its Sanand facility is located near key Tier-I customers and raw material suppliers, supporting shorter lead times and freight costs of just 1.64% of FY26 revenue.
- Technology-Enabled Manufacturing Capabilities: The company has above 20 robots and expertise in complex moulding techniques, supporting precision manufacturing.
Further, its ₹1,841.15 lakh capital work-in-progress in FY26 also reflects ongoing capacity investment. - Comprehensive In-House Quality Control: The company conducts dedicated testing for dimensional accuracy and batch validation to meet customer-specific requirements. This has supported quality-related costs to stay below 1% of revenue across FY24-FY26.
Kheria Autocomp Limited–Risks
- Expansion Approval Delays: The proposed facility still requires key approvals, including factory, fire and pollution consents and delays could postpone commissioning and increase project costs.
- Machinery Procurement Risks: The company has allocated ₹3,995.69 lakh of IPO proceeds for capital expenditure. Any delay in procuring or installing machinery could increase project costs and postpone the start of the facility operations.
- Heavy Automotive Dependence: Its revenue is highly dependent on Tier-I suppliers serving automotive OEMs. This makes the company vulnerable to lower vehicle demand and shifts towards EVs, safety and emission requirements.
- Past Negative Cash Flows: Investing activities have recorded negative cash flow in FY26, FY25 and FY24, respectively, mainly from capital expenditure. Further negative cash flows could affect the company’s ability to fund its operations and planned growth.
Kheria Autocomp IPO–Review
The recent financial trend of the company points to a business that has gained scale while improving profitability. Its presence among Tier-I suppliers gives it a place within the automotive manufacturing chain, and the GMP suggests market participants are showing interest before listing.
At the same time, future performance will depend on how efficiently the new capacity is brought online. Additionally, regulatory approvals, capital spending and industry demand could influence how much value the expansion creates.
Other Recent IPO List
Listed are the currently open and upcoming IPOs in India in 2026:
| National Stock Exchange IPO | Steamhouse India IPO |
| Manika Plastech IPO | OM Galaxy IPO |
| Rentomojo IPO | LCC Projects IPO |
| Manipal Payment & Identity Solutions IPO | Karamtara Engineering IPO |
Kheria Autocomp IPO FAQs
Kheria Autocomp IPO is a ₹46.44 crore SME book-built issue comprising 45,98,400 fresh Equity Shares. The price band is ₹96.00/share to ₹101.00/share, and the shares are proposed to be listed on NSE SME.
You can apply for the Kheria Autocomp IPO through the UPI facility or ASBA available through your bank. The subscription period is scheduled from 17 September to 21 September 2026.
Kheria Autocomp has reported revenue growth, improving PAT and EBITDA margins, and established automotive manufacturing capabilities. However, the company faces risks from automotive sector dependence, expansion approvals, machinery procurement and past negative investing cash flows.
Based on the latest GMP of ₹10.00 and the upper price band of ₹101.00 per share, the estimated listing price is ₹111.00. This indicates a potential gain of 9.90%. GMP is unofficial and may change before listing.
The Kheria Autocomp IPO is scheduled to open from 17 September 2026 to 21 September 2026.
The Kheria Autocomp IPO lot size is 1,200 shares. Retail investors must apply for a minimum of 2 lots, or 2,400 shares, requiring an investment of ₹2,42,400 at the upper price band.
The Kheria Autocomp IPO allotment is expected on 22 September 2026. Refunds and credit of shares are expected on 23 September 2026, subject to the completion of the allotment process.
The Kheria Autocomp IPO shares are expected to list on 24 September 2026 on NSE SME, subject to the issue schedule.
