Aureate Tradde IPO
Market Sentiment
Market Lot Size
Return Estimator (GMP*)
IPO Details
IPO Reservation
Financial Analysis
| Metric | 2023 | 2024 | 2025 | Dec 2025 |
|---|---|---|---|---|
| Revenue | 211.60 | 172.19 | 176.62 | 102.79 |
| Expense | 210.05 | 170.16 | 173.16 | 96.92 |
| Profit (PAT) | 1.13 | 1.45 | 2.57 | 4.36 |
| Total Assets | 38.71 | 64.18 | 83.11 | 98.58 |
Promoters: Mr. Kalash Kevin Shah and Mr. Punit Devendrabhai Shah
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 90,87,736 | 92.35% |
| Promoter Holding Post Issue | 1,29,85,736 | 64.63% |
Company Information
| Purpose | Amount (Cr) |
|---|---|
| Funding working capital requirements of the Company | 10.00 |
| Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company | 9.93 |
| To meet out the General Corporate Purposes. | 4.09 |
Resources & Documents
Aureate Tradde Ltd., 404, Floor 4, Plot No. 208,, Regent Chambers, Jamnalal Bajaj Marg,, Nariman Point,, Mumbai, Maharashtra, 400021
Aureate Tradde has fixed the issue price at Rs 70 per share for an issue size of Rs 27 crore. The SME issue is scheduled to open for subscription on May 29, 2026 — 3 days from now.
The issue is promoted by Mr. Kalash Kevin Shah and Mr. Punit Devendrabhai Shah with Corporate Makers Capital Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding working capital requirements of the Company (Rs 10 crore) and Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company (Rs 10 crore).
At the upper end of the price band, the issue is priced at a post-issue P/E of 24.73x. On fundamentals, the company is posting revenue growth of 2.6%, a profit margin of 1.5%, return on equity of 21.9% in its most recent reported period. Listed peers in this segment include Bhavik Enterprises Limited (P/E 43.85x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.
All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Understanding Grey Market Premium (GMP)
The Grey Market Premium (GMP) is an unofficial indicator of how an IPO's shares are trading in the grey market before they are officially listed on a stock exchange. It reflects investor sentiment and demand for the IPO shares ahead of listing day.
How does it work? The grey market is an informal, over-the-counter market where investors buy and sell IPO shares before the official listing date. If an IPO has a positive GMP, it suggests that investors expect the stock to list above its issue price. A negative GMP indicates expectations of a listing below the issue price.
Example: If an IPO has an issue price of ₹100 and the GMP is ₹50, the expected listing price would be approximately ₹150 (issue price + GMP). This translates to an estimated listing gain of 50%.
Factors that influence GMP:
- Subscription levels — Higher subscription typically drives GMP up
- Market conditions — Bullish markets tend to boost GMP across all IPOs
- Company fundamentals — Strong financials and growth potential attract premium
- Industry sentiment — Positive outlook for the sector can increase demand
- IPO pricing — Reasonably priced IPOs relative to peers tend to command higher GMP
Disclaimer: GMP is an unofficial metric from the grey market and is not regulated by SEBI or any stock exchange. GMP values fluctuate frequently and should not be the sole basis for investment decisions. Always consider company fundamentals, financial health, and your own risk appetite before investing in any IPO.
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