i. Auro Impex & Chemicals specializes in the manufacturing of Collecting Electrode, Discharge Electrode Plate steel structures and other internal components of an Electrostatic Precipitator (ESPs) – a filtration device used to remove smoke and fine dust particles from flowing gas used in various heavy industries such as Steel Plants, Sponge Iron industry, Cement Plants, Thermal Energy Plants and any other plant where the coal is burnt, as a measure to control Air Pollution.
ii. The Company has set up a Manufacturing facility for manufacturing of Electrostatic precipitator internals for both American and European designs in the state of West Bengal, spread across an area of 2.44 acres of land with all the requisite machines and equipment, with the goal of becoming one of the top producers of ESP Internals (Collecting Electrode, Discharge Electrode, Electro- magnetic rapper, Tank Fabrication and Duct Fabrication and ESP Internal spare parts etc).
iii. The Company is specifically engaged into manufacturing of
(i) Collecting Electrodes of all profiles,
(ii) Discharge Electrodes,
(iii) Electro- magnetic rapper,
(iv) Tank Fabrication and Duct Fabrication, and
(v) other ESP Internal spare parts, for some Original Equipment manufacturers (OEMs) and service providers ranging from sourcing of components, designing, manufacturing, quality testing as per the specifications provided by OEMs and service providers.
iv. The Company has been selling its products through renowned OEMs and Service Providers such as – Thermax Limited, Larsen & Toubro Limited, KC Cottrell India Private Limited, Isgec Heavy Engineering Limited, Hariaksh Industries Private Limited, Par Techno-Heat Pvt Ltd, Filter Flow Engineering Private Limited, Imeco Overseas Private Limited and other Brand owners.
v. Auro Impex currently, operate through one manufacturing facility located at Dhaniakhali, West Bengal, India, which is spread across an area of 2.44 acres. Their Manufacturing Facility is strategically located on Durgapur Expressway providing them with strategic and operational benefits. This facilitates timely deliveries and improved efficiency.
vi. The company has ventured into a new project to assemble, test, inspect and sell High Frequency Transformer Rectifier (HFTR) units in the Indian ESP market on behalf an International brand,with the internal parts and engineering details for assembly and testing supplied by the brand itself. Construction of a new civil building and the procurement of new plant and machinery will take place on the vacant ground of 6,000 Sq.Ft. within the previously established manufacturing facility. For the implementation of this project, the organisation already has a sufficient power supply. This forthcoming initiative is a low-risk enterprise because the processing technology and customer market for the HFTR are easily available.
i. Consistent focus on quality and safety
ii. Established manufacturing facilities with over decades of operations in the heavy electrical and engineering industry.
iii. Established distribution network and long term relationship with our customers
Objects of the Auro Impex & Chemicals Limited IPO:
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
i. To meet the working capital requirements.
ii. General corporate purpose and to meet the issue expenses.
Auro Impex & Chemicals Limited IPO Details:
||May 11 2023
||May 15 2023
|| ₹ 10 Per Equity Share
||Book Built Issue IPO
|| ₹ 74-78 Per Equity Share
||May 17 2023
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