IPO Details

About Company

Kheria Autocomp Ltd., incorporated in 2005, is a prominent player in the automotive components sector, specializing in manufacturing high-quality auto parts and accessories. The company operates under the Kheria Group, which is known for its diversified interests in various industries. Kheria Autocomp's product portfolio includes a wide range of components such as engine parts, transmission systems, and electrical assemblies, catering to both domestic and international markets. The company boasts robust manufacturing capacities with state-of-the-art facilities located in key industrial hubs across India, enabling efficient production processes. Its geographic presence extends beyond India, with exports to several countries, thereby enhancing its global footprint. Kheria Autocomp has established a comprehensive distribution network that ensures timely delivery and service to its customers. In terms of financial performance, for the latest fiscal year, the company reported a total income of INR 500 crores, with a net profit of INR 50 crores, showcasing an EBITDA margin of 15%. The return on capital employed (ROCE) stands at 12%, while the return on equity (ROE) is reported at 10%. The company's debt-equity ratio is 0.5, indicating a manageable level of debt. The IPO aims to raise funds for expansion of manufacturing facilities, repayment of existing debt, and enhancing working capital. Post-issue, Kheria Autocomp is expected to have a market capitalization of approximately INR 1,200 crores, with an earnings per share (EPS) of INR 5 and a price-to-earnings (P/E) ratio of 24. Overall, investor sentiment appears optimistic, driven by the company's growth potential and strategic initiatives.