Kheria Autocomp Ltd. IPO

The Company was originally incorporated as “Company Limited by Shares” on November 12, 2009, under the name “Kheria Autocomp Limited” under the provisions of the Companies Act, 1956 and the Certificate of Incorporation was issued by Assistant Registrar of Companies, Dadra and Nagar Havelli Ahmedabad, bearing CIN U35923GJ2009PLC058554. The Company is an auto ancillary unit engaged in the business of plastic injection moulding. We specialise in the manufacture of plastic injection moulding sub- assembly operations and supplying primarily to the automotive sector. In earlier years, the Company also catered to the white goods segment; however, the present focus is on the manufacture of automotive plastic moulded parts. We operate as a Tier-II supplier, producing moulded plastic components in accordance with the specifications of Tier-I vendors, who in turn supply to original equipment manufacturers (“OEMs”) in the passenger vehicle categories. the product range 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 and electric vehicles. In addition to component production, we undertake basic sub-assembly operations, such as bolt assembly or the fitting of inserts, wherever required by customers. These activities support integration of the moulded components into larger assemblies at the Tier-I level.

The manufacturing facility is situated within the Tata Vendor Park at Sanand, Gujarat, covering an area of approximately 3 acres. The facility is equipped with 30 injection moulding machines with capacities ranging from 120 tons to 1,700 tons, procured majorly from Milacron India Private Limited and other vendors. The facility is supported by automation, including systems tailored to customer-specific requirements, along with vision measuring equipment for dimensional verification of components. As on FY26, the installed capacity of the manufacturing unit is 5,400 MTPA. The Company has progressively adopted automation, including the installation of multiple robotic systems, to enhance consistency in production. The Company is certified under IATF 16949, ISO 45001:2018 and ISO 14001:2015 and implements lean manufacturing practices supported by standardized operating procedures. Continuous improvement is encouraged through regular process monitoring and review, with a focus on enhancing efficiency, product quality, and cost competitiveness. The Company’s location within the Tata Vendor Park at Sanand also provides logistical advantages, as most of its raw material suppliers and key Tier-I customers are located within close proximity, resulting in reduced lead times and transportation costs. The Company has installed a 636 kW solar power system at its facility, which supports renewable energy usage and reduces reliance on conventional power sources. Together, these initiatives reflect the Company’s commitment towards responsible and efficient manufacturing practices. The Company is promoted and led by Tara Chand Kheria, Promoter & Chairman and Vinay Kheria, Promoter & Managing Director, who has been associated with the Company since its incorporation in November 2009 and has over 3 decades experience in plastic processing industry and over 15 years of experience in the automotive components industry. They have been instrumental in guiding the Company’s strategic direction and overseeing its operations. Pursuant to the Extra-Ordinary General Meeting held on July 18, 2025, Vinay Kheria was re-designated as the Managing Director of the Company for a term of five years commencing from July 5, 2025, to July 4, 2030.