← IPO Calendar

Arete 22 IPO IPO

SME[.][.]
1
Open
[.]
2
Close
[.]
3
Allotment
4
Listing
[.]
Issue Size
56,50,000 shares (agg. up to ₹[.] Cr)
Listing Date
[.]
✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets277.22130.2474.06
Total Income213.47112.830.26
Profit After Tax18.993.31-0.76
EBITDA34.9814.21-0.75
NET Worth31.5412.559.24
Reserves and Surplus21.542.55-0.76
Total Borrowing215.0096.0959.80
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Om Metallogic Ltd.SME₹22.35 Cr₹8610.99₹85.00-1.16%₹31.82 (+1.18%)
Sampat Aluminium Ltd.SME₹30.53 Cr₹12010.28₹115.15-4.04%₹34.75 (-4.01%)
Krupalu Metals Ltd.SME₹13.48 Cr₹7213.39₹60.48-16.00%₹31.00 (-4.88%)
Sharvaya Metals Ltd.SME₹58.80 Cr₹196null₹208.05+6.15%₹112.20 (+4.96%)
ANB Metal Cast Ltd.SME₹49.92 Cr₹15613.15₹172.20+10.38%₹416.00 (-1.41%)
CMR Green Technologies Ltd.Mainboard₹630.62 Cr₹19227.13₹241.20+25.62%₹218.10 (-1.67%)
KSH International Ltd.Mainboard₹626.35 Cr₹38432.09₹355.00-7.55%₹893.70 (-1.13%)
Vidya Wires Ltd.Mainboard₹300.01 Cr₹5220.36₹53.17+2.25%₹90.34 (-0.79%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Prepayment or repayment of all or a portion of certain loans availed by the Company60.00
2Funding of working capital requirements of the Company30.00
3General Corporate Purposes

About Arete 22 IPO

Incorporated in 2021, Arete 22 Limited is one of the leading manufacturers of aluminium alloy wheels for two-wheelers, headquartered in Auto Nagar, Visakhapatnam, Andhra Pradesh. The company undertakes end-to-end manufacturing of aluminium alloy wheels, encompassing designing, casting, machining, finishing, and testing, catering to both OEM and replacement markets. Arete 22 Limited focuses on light-weighting and value analysis/value engineering (VAVE) to deliver durable, high-performance alloy wheels that enhance vehicle ride quality and efficiency. The company operates through two state-of-the-art manufacturing facilities located at Kolar, Karnataka and Bilaspur, Haryana, which are major automobile manufacturing hubs. Unit 1: Plot No. 3A-3, Jakkasandra Industrial Area, Malur Taluk, Kolar, Karnataka-563130 Unit 2: Khasra No. 29/3, Pataudi Road, Bilaspur, Gurugram, Haryana-122413 Additionally, the company maintains a warehouse at Motham Agraharam, Hosur, Tamil Nadu, strategically located near TVS Motor Co. Limited’s manufacturing facility for efficient logistics and supply. As of August 31, 2025, Arete 22 Limited’s key customers include TVS Motor Co. Limited, Hero MotoCorp Limited,

Contact Details

Arete 22 Ltd. AddressD1,D2 B Block,AutonagarVisakhapatnam, Andhra Pradesh, 530012+91-8142288666cs@arete22.comVisit Website