Aureate Tradde IPO GMP, Date, Price Band & Review

Aureate Tradde IPO Details

Aureate Tradde IPO is a fixed price issue of ₹27.29 crore, entirely a fresh issue of 38.98 lakh shares, with a face value of ₹10 per share. The company filed its DRHP with SEBI on December 23, 2025.

The price band of this issue is set at ₹70 per share and the lot size for an application is 2,000 shares. The minimum amount of investment required by an individual investor (retail investor) is ₹280,000 (4,000 shares). The IPO will be open for subscription from May 29 to June 2, 2026, on the BSE SME platform, with a tentative listing date fixed as June 5, 2026. The book-running lead manager of this issue is Corporate Makers Capital Ltd., while the registrar to the issue is Mufg Intime India Pvt. Ltd.

Aureate Tradde IPO Date & Timeline

The Aureate Tradde IPO is officially set to open for subscription on May 29, 2026 and will close on Jun 2, 2026. The company initially filed its Draft Red Herring Prospectus (DRHP) on December 23, 2025 and has now finalized its schedule following SEBI approval. Once the subscription window allotment is expected on Jun 3, 2026. Following this, the company will initiate refunds and credit shares to successful investors' demat accounts on Jun 4, 2026. Finally, Aureate Tradde Ltd.'s shares are tentatively scheduled to list on the stock exchanges on Jun 5, 2026.

Aureate Tradde IPO GMP (Grey Market Premium)

“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.

The Aureate Tradde IPO GMP is currently trading at ₹1, reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹71, which is 1.43% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.

Company Background

Aureate Tradde Ltd. was incorporated as "MM9 Polytrade Private Limited" on August 03, 2018, in Mumbai, with a focus on trading industrial materials in the polymer segment. In June 2023, the name was changed to "Aureate Tradde Private Limited." Then, in February 2025, the company transitioned into a public limited company, adopting its current name effective from April 22, 2025.

The company has established a presence in the trading, distribution and supply of industrial and technological materials across polymers and petrochemicals, lithium-ion and sodium-ion cells and electric vehicle chargers. The business model followed by them is an inventory-based model; they buy and maintain stock in advance to analyse the wide array of customers.

Operations & Product Range

The primary operations conducted by Aureate Tradde Ltd. involve the buying and selling of a variety of polymers and industrial chemicals as a mediator between the producer and consumer of such goods. Its product line consists of plastic granules of various grades, resins and other forms of polymer raw materials used in the production of everyday household goods, automobile components and packaging materials.

Facilities & Capacity

As a trading-focused enterprise, Aureate Tradde Ltd. does not operate heavy manufacturing plants, while its operational infrastructure is centred on its corporate office in Mumbai and a network of storage and logistics arrangements through strategically located warehouses. The company's capacity is measured by its volume of trade and ability to manage inventory efficiently. With this listing, the company aims to enhance working capital, allowing it to hold more inventory and handle larger trade volumes, effectively expanding its operational capacity in the trading market.

Brands & Market Presence

Aureate Tradde Ltd. operates primarily in the B2B segment, where brand recognition is built through reliability and quality of materials supplied rather than consumer-facing advertising. The company has developed a strong market presence in the western region of India, particularly around the industrial clusters of Maharashtra and Gujarat. Its strategic location in Mumbai serves as a major hub for the polymer trade in India. With years of working in the industry, the company has successfully navigated the price volatility associated with the polymer industry to maintain its market position.

Revenue Streams & Business Model

The primary revenue source of Aureate Tradde Ltd. is the sale of traded goods, specifically polymers and industrial materials, with the business model built on capturing the margin between procurement cost and selling price to industrial customers. For FY25, the company reported total revenue of ₹176.61 crore, while the highest revenue was generated from the state of Maharashtra and the highest sales happened in the Polymers and Petrochemicals segment, 81.37%, which is ₹141.99 crore.

Revenue generation is largely domestic, with the company serving clients across various industrial segments. By diversifying its product offerings within the polymer category, the company mitigates risks associated with price fluctuations in any single material grade.

Management & Shareholding

Aureate Tradde Ltd. is promoted by Kalash Kevin Shah and Punit Devendrabhai Shah, who bring experience in the trading and financial sectors vital for managing the complex logistics and capital requirements of a polymer trading business. Before the IPO, the promoters held a 90.61% stake and the promoter group held a 1.74% stake; collectively, they held a 92.35% stake in the company. But, after the IPO, the existing promoters’ shareholding will not be diluted, as the offering includes no OFS, but the offering includes a fresh issue that invites the public to join.

Board & Key Management

The leadership of Aureate Tradde Ltd. is led by a team of experts with many years of experience. Kalash Kevin Shah serves as the Chairman & Managing Director and gives strategic direction to the firm and the daily operations, along with Whole-Time Directors. To ensure good governance, the board includes Independent Directors Kiran Rani and Preeti Sethi for honest oversight. Together, this team uses its knowledge to help the company grow and stay successful.