Aureate Tradde Launches Rs 27.3 Crore IPO

Aureate Tradde, a distributor of chemicals and battery components, opens its Rs 27.3 crore IPO for subscription on May 29, with bidding closing on June 2. The funds aim to strengthen working capital and repay debts, marking a significant growth step for the company founded in 2018.

Aureate Tradde, specializing in the import and distribution of chemicals and lithium-ion battery components, is commencing its initial public offering (IPO) valued at Rs 27.3 crore. Bidders can subscribe between May 29 and June 2, with expectations of listing on the BSE SME platform on June 5.

The IPO consists of a fresh issuance of 38.98 lakh equity shares, priced at Rs 70 each. Funds raised will address working capital needs amounting to Rs 10 crore, with Rs 9.93 crore allocated to debt repayment and the remainder for corporate purposes. Chairman Kalash Shah expressed confidence in these measures to boost operational and market expansion.

Since its inception in 2018, Aureate Tradde has made strides in trading industrial and technology-based products across polymers, petrochemicals, battery cells, and electric vehicle chargers. Reporting a total revenue of Rs 101.83 crore and net profits of Rs 4.28 crore as of December 2025, the IPO signifies a pivotal moment in its growth trajectory, supported by Corporate Makers Capital as lead manager.