NSE List Price : ₹

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Category	Times
QIBs	0.23x
HNIs	0.61x
Retail	0.59x
Total : 0.49x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	2,400	₹242,400
Retail Maximum	2	2,400	₹242,400
S-HNI Minimum	3	3,600	₹363,600
S-HNI Maximum	8	9,600	₹969,600
B-HNI Minimum	9	10,800	₹1,090,800

About the Company

Kheria Autocomp Limited was incorporated in 2009 and is an auto ancillary company engaged in plastic injection moulding and sub-assembly operations, primarily serving the automotive sector. The Company operates as a Tier-II supplier, manufacturing moulded plastic components according to the specifications of Tier-I vendors, which in turn supply components to Original Equipment Manufacturers (OEMs) in the passenger vehicle segment.

Its product portfolio includes interior cabin trims, exterior plastic parts, under-hood components and heating, ventilation and air-conditioning (HVAC) ducts. These products are supplied for both internal combustion engine (ICE) and electric vehicle (EV) applications. The Company also undertakes basic sub-assembly activities such as bolt assembly and fitting of inserts as required by customers.

The Company's manufacturing facility is located within Tata Vendor Park at Sanand, Gujarat, spread across approximately 3 acres. The facility is equipped with 30 injection moulding machines with capacities ranging from 120 tons to 1,700 tons and is supported by automation, robotic systems and vision measuring equipment for dimensional verification. The Company has adopted lean manufacturing practices and is certified under IATF 16949.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2024	₹62.40	₹57.27	₹3.31	₹53.14
2025	₹92.31	₹81.87	₹8.24	₹81.79
2026	₹120.30	₹104.67	₹11.42	₹106.23

Company Promoter

Tara Chand Kheria

Vinay Kheria

Sushma Kheria

Santosh Devi Kheria

Know before investing

• • Strengths

  Experience-Driven Manufacturing Excellence: The Company has established experience in plastic injection moulding and automotive component manufacturing, with operations since 2009 and capabilities covering various automotive plastic components.

  Strategically Located Manufacturing Facility: The manufacturing facility is located at Tata Vendor Park in Sanand, Gujarat, placing the Company within an established automotive manufacturing ecosystem and close to its customer base.

  Technology-Enabled Manufacturing & Process Engineering Capabilities: The Company operates 30 injection moulding machines with capacities ranging from 120 tons to 1,700 tons and uses automation, robotic systems and customer-specific manufacturing processes to support production efficiency and consistency.

  Comprehensive In-House Testing & Quality Control: The Company has quality control and testing infrastructure, including vision measuring equipment for dimensional verification, supported by standardised operating procedures and lean manufacturing practices.

  Efficient Raw Material Sourcing & Inventory Management: The Company follows processes for sourcing and managing raw materials required for its manufacturing operations while maintaining inventory based on production and customer requirements.

  Long-Standing Customer Relationships: The Company has developed relationships with Tier-I automotive vendors and supplies components according to customer specifications and requirements.

  Green Energy & Sustainability Initiatives: The Company has installed a 636 kW solar power system and four groundwater recharge wells as part of its sustainability initiatives

• • Risks

  Dependence on Tier-I Vendors & OEM Demand: The Company is dependent on Tier-I vendors whose demand is linked to OEM production volumes and procurement cycles. Any reduction, delay or discontinuation in demand from these customers may adversely affect the Company's business and financial performance.

  High Customer Concentration: The Company's customer base is highly concentrated. In FY2026, the top five customers contributed approximately 97.32% of revenue from operations, while the top ten customers contributed approximately 99.95%. Any loss or reduction in business from major customers could materially affect operations and financial results.

  Geographical Concentration: A substantial portion of the Company's revenue is generated from customers located in Gujarat. In FY2026, approximately 99.96% of revenue was derived from customers in Gujarat, exposing the Company to regional business and economic risks.

  Raw Material Supply & Price Risk: The Company depends on customer-approved suppliers for certain raw materials. Any disruption or delay in procurement, increase in raw material prices or failure of suppliers to meet requirements could affect production schedules, costs and profitability.

  Risk in New Manufacturing Facility Execution: A significant portion of the Issue proceeds is proposed to fund the new manufacturing facility at GIDC Sanand Industrial Park. Delays in procurement, delivery or installation of machinery, cost overruns or operational challenges could delay the planned expansion.

  Regulatory Approval Risk: The proposed new manufacturing facility requires various statutory approvals, clearances and permissions. Delays or failure in obtaining these approvals could postpone the expansion project and affect the Company's growth plans.

  Dependence on Manufacturing Machinery & Automation Systems: The Company's operations depend on injection moulding machines and robotic systems sourced from third-party manufacturers. Equipment breakdowns, failures, obsolescence or delays in obtaining spare parts could disrupt production.

  Single Manufacturing Facility Risk: The Company's existing manufacturing operations are concentrated in a single facility. Any disruption, slowdown, shutdown or equipment failure at the facility could adversely affect production and customer deliveries.

  Negative Cash Flow Risk: The Company has experienced negative cash flows in the past. Any negative cash flows in the future could affect its working capital and ability to execute its business plans.

  Automotive Industry Dependence: The Company's business is significantly dependent on the automotive sector. Any slowdown or change in demand for passenger vehicles, ICE vehicles or EVs could affect its operations and financial performance.

   

Objects of the Issue & Utilisation of proceeds

Part funding of capital expenditure for setting up a new manufacturing facility for plastic moulded auto components at GIDC Sanand Industrial Park

Company  Address

Kheria Autocomp Limited.
Plot No. B6, B7 & B8
Tata Vendor Park, Revenue Survey No.1,
Village. Northkot Pura, Sanand
Ahmedabad, Gujarat, 382170
Phone: +91 98310 32670
Email: cs@kheria.com
Website: http://www.kheria.com/

IPO Registrar

Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: kheria.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/