Aureate Tradde SME IPO Opens May 29; Price Fixed At Rs 70 Per Share, Check Key Details

Aureate Tradde Ltd, a Mumbai-based company engaged in polymers, plastics, lithium-ion cells and EV chargers for two-wheelers and three-wheelers, announced the opening of its Initial Public Offering (IPO). The issue will open for subscription on May 29, 2026, and close on June 2, 2026. The company plans to list its shares on the BSE SME platform, with tentative listing scheduled for June 5, 2026. The IPO price has been fixed at Rs 70 per equity share.

Aureate Tradde IPO issue structure

The public issue comprises a fresh issue of 38,98,000 equity shares with face value of Rs 10 each, aggregating to Rs 27.29 crore.

The minimum application lot size has been fixed at 2,000 equity shares. Based on the upper price band, the minimum retail investment amount stands at Rs 2.80 lakh for 4,000 shares, while the minimum HNI application size is 6,000 shares amounting to Rs 4.20 lakh.

Corporate Makers Capital Limited is acting as the Book Running Lead Manager to the issue, while MUFG Intime India Private Limited is the registrar to the issue. Giriraj Stock Broking Private Limited has been appointed as the market maker. The allotment is expected to be finalised on June 3, 2026.

Aureate Tradde Utilisation of IPO proceeds

The company stated that it intends to utilise around Rs 10 crore from the IPO proceeds towards funding working capital requirements.

Additionally, around Rs 9.93 crore will be used towards repayment or prepayment of certain borrowings availed by the company. The remaining amount will be utilised for general corporate purposes and issue-related expenses.

Expansion into sodium-ion battery solutions

Aureate Tradde stated that it has expanded into Sodium Ion Cell solutions, which the company described as an emerging next-generation battery technology segment for electric mobility applications.

The company currently operates in trading and distribution of industrial and technology-driven products across polymers and petrochemicals, battery cells and EV chargers. Going forward, the company aims to strengthen its presence in the electric mobility ecosystem and scale its distribution network across key business verticals.

Management commentary

Commenting on the development, Kalash Shah, Director of Aureate Tradde Limited, said: “Over the years, we have built a strong presence in the trading and distribution of industrial and technology driven products across India. Our focus has always been on reliable execution, efficient supply chain management and building long term relationships with customers. With growing opportunities in electric mobility and energy storage, we have also expanded into Sodium Ion Cell solutions, which we believe is an important emerging segment. The IPO marks an important step in our growth journey and will support us in strengthening our working capital position, improving operational capabilities and expanding our presence across key business verticals.”

About Aureate Tradde

Aureate Tradde Ltd was incorporated in 2018 and is based in Mumbai, Maharashtra. The company operates an inventory-led trading and distribution model across polymers, petrochemicals, lithium-ion battery cells, sodium-ion battery solutions and EV charging products.

The company works with global sourcing partners and maintains supply networks across India while catering to industrial and electric mobility sectors.
Disclaimer: This article is for informational purposes only and not investment advice.