Kheria Autocomp Ltd Summary
Kheria Autocomp Limited was originally incorporated as Company Limited by Shares on November 12, 2009 with the Registrar of Companies, Ahmedabad. Company is an auto ancillary unit engaged in the business of plastic injection moulding. It 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, present focus is on manufacture of automotive plastic moulded parts. Apart from this, the Company 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 internal combustion engine and electric vehicles. In addition to component production, it 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, with 30 injection moulding machines with capacities ranging from 120 tons to 1,700 tons. The Company launched automation into manufacturing plant, through installation of Robots in FY 2021. As on FY25, the installed capacity of the manufacturing unit is 4,200 MTPA.
The Company has progressively adopted automation, including the installation of multiple robotic systems, to enhance consistency in production. Company is planning the initial public offer of issuing 46,00,000 equity shares of face value Rs 10 each through fresh issue.