Atharva Polyplast IPO is a book build issue of ₹27.00 crores. The issue is entirely a fresh issue of 0.45 crore shares of ₹27.00 crore.
Atharva Polyplast IPO bidding opened for subscription on Jun 30, 2026 and will close on Jul 2, 2026. The allotment for the Atharva Polyplast IPO is expected to be finalized on Jul 3, 2026. Atharva Polyplast IPO will list on the BSE SME with a tentative listing date fixed as Jul 7, 2026.
Atharva Polyplast IPO is set issue price band at ₹55 to ₹60 per share. The lot size for an application is 2,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,40,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to ₹3,60,000.
Horizon Management Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is R.K.Stock Holding Pvt.Ltd.
Refer to Atharva Polyplast IPO RHP for detailed Information.
IPO Open
Tue, Jun 30, 2026
IPO Close
Thu, Jul 2, 2026
Issue Price
₹60 per share
Market Cap (Pre-IPO)
₹101.10 Cr
IPO Details
| IPO Date | 30 Jun to 2 Jul, 2026 |
| Listing Date | Tue, Jul 7, 2026T |
| Face Value | ₹10 per share |
| Price Band | ₹55 to ₹60 |
| Issue Price | ₹60 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 45,00,000 shares (agg. up to ₹27 Cr) |
| Reserved for Market Maker |
2,26,000 shares
(agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) |
42,74,000 shares (agg. up to ₹26 Cr) |
| Net Offered to Public | 42,74,000 shares (agg. up to ₹26 Cr) |
| Share Holding Pre Issue | 1,23,49,998 shares |
| Share Holding Post Issue | 1,68,49,998 shares |
IPO Timetable (Tentative)
Issue Reservation
Atharva Polyplast IPO comprises a total issue size of 45,00,000 shares. The net offer to the public is 42,74,000 shares, after excluding 2,26,000 shares allotted on a firm basis. Of the Net offer 21,30,000 (49.84%) are allocated to QIB, 6,42,000 (15.02%) allocated to NII 15,02,000 (35.14%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 21,30,000 | 49.84% | 47.33% |
| − Anchor Investor Shares Offered | 12,74,000 | 28.31% | |
| − QIB (Ex. Anchor) Shares Offered | 8,56,000 | 19.02% | |
| NII (HNI) Shares Offered | 6,42,000 | 15.02% | 14.27% |
| − bNII > ₹10L | 4,28,000 | 9.51% | |
| − sNII < ₹10L | 2,14,000 | 4.76% | |
| Retail Shares Offered | 15,02,000 | 35.14% | 33.38% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,26,000 | 5.02% | |
| Total Shares Offered | 45,00,000 | 100.00% | 100.00% |
IPO Lot Size
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4,000 | ₹2,40,000 |
| Individual investors (IND) (Max) | 2 | 4,000 | ₹2,40,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,60,000 |
| S-HNI (Max) | 8 | 16,000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 18,000 | ₹10,80,000 |
IPO Anchor Investors
Atharva Polyplast IPO raises ₹7.64 crore from anchor investors. Atharva Polyplast IPO Anchor bid date is June 29, 2026.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Jun 29, 2026 |
| Shares Offered | 12,74,000 |
| Anchor Portion (₹ Cr.) | 7.64 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sun, Aug 2, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Thu, Oct 1, 2026 |
About Atharva Polyplast Ltd.
Atharva Polyplast manufactures precision plastic components, serving key industries like furniture, home appliances, and automotive. its main focus is on injection moulding using materials such as polypropylene (PP), ABS, HDPE, and engineering polymers.
The company works with OEMs and Tier-1 suppliers in India, offering both B2B manufacturing and co-development support — from mould design and prototyping to final production and quality checks. It also assemble products using fasteners, hinges, and foam parts as per customer requirements.
Its manufacturing facility spans across 2,34,614 sq. ft., with 40,000 sq. ft. of production space. It houses over 17 moulding machines (100T to 1000T), helps to serve diverse industries, including furniture, home appliances, automobile, etc
The company also has an in-house quality control team and its quality management system is certified with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.
Competitive strengths
- Strong relationships with established customer bas
- Experienced Promoters and Management
- comprehensive range of plastic components product spectrum
- Sustainable and Responsible Manufacturing
- Diversified Geographical Region
Company Financials (Restated Standalone)
| Period Ended | 31 Jan 2026 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 42.54 | 30.88 | 32.66 | 32.92 |
| Total Income | 43.90 | 49.06 | 43.09 | 46.82 |
| Profit After Tax | 4.73 | 5.29 | 2.00 | 0.71 |
| EBITDA | 8.36 | 9.19 | 6.05 | 4.77 |
| NET Worth | 17.73 | 13.01 | 7.72 | 5.72 |
| Reserves and Surplus | 5.38 | 6.51 | 1.22 | -0.78 |
| Total Borrowing | 10.04 | 7.91 | 13.59 | 16.16 |
| Amount in ₹ Crore | ||||
Recently Listed IPOs in Plastic Products – Industrial
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Manas Polymers & Energies Ltd. | SME | ₹23.52 Cr | ₹81 | 9.19 | ₹146.20 | +80.49% | ₹41.15 (-3.97%) |
| Vigor Plast India Ltd. | SME | ₹25.10 Cr | ₹81 | 12.35 | ₹85.70 | +5.80% | ₹108.10 (+4.29%) |
| B.D.Industries (Pune) Ltd. | SME | ₹45.36 Cr | ₹108 | 13.27 | ₹108.15 | +0.14% | ₹110.50 (-1.34%) |
IPO Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure of our Company | 3.00 |
| 2 | Repayment and/or pre-payment, in full or part, of borrowing availed by our Company | 3.00 |
| 3 | Funding working capital requirements of the Company | 13.00 |
| 4 | General Corporate Purpose |
Key Performance Indicator (KPI)
| KPI | Jan 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 30.74% | 51.00% |
| ROCE | 24.92% | 35.31% |
| Debt/Equity | 0.57 | |
| RoNW | 26.65% | 40.63% |
| PAT Margin | 11.14% | 11.12% |
| EBITDA Margin | 19.71% | 19.32% |
| Price to Book Value | 5.70 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.28 | 3.37 |
| P/E (x) | 14.02 | 17.83 |
| Promoter Holding | 100% | 73.29% |
| Market Cap | ₹101.10 Cr. |
IPO Review
IPO Subscription Status
The Atharva Polyplast IPO is subscribed 10.74 times on July 2, 2026 6:54:41 PM (Day 3). The public issue subscribed 11.30 times in the individual investors category, 3.58 times in the QIB category, and 18.97 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 3.58 | 8,56,000 | 30,62,000 | 0 |
| NII* | 18.97 | 6,42,000 | 1,21,76,000 | 0 |
| bNII (> ₹10L) | 22.44 | 4,28,000 | 96,04,000 | |
| sNII (< ₹10L) | 12.02 | 2,14,000 | 25,72,000 | |
| Individual Investor | 11.30 | 15,02,000 | 1,69,80,000 | 0 |
| Total | 10.74 | 30,00,000 | 3,22,18,000 | 5,202 |
Total Applications: 5,202
*Market Maker portion is not included to NII/HNI.
IPO Registrar
- 022-49186000
- atharvapolyplast.smeipo@in.mpms.mufg.com
- Visit Website
IPO Lead Manager(s)
Lead Manager Reports
Contact Details
- +91- 94220-49184
- info@atharvapolyplast.in
- Visit Website
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