IPO

Aritas Vinyl Limited IPO

BSE SME

Listed On: Jan 23, 2026 at ₹ 47.0

₹ 282000 /6000 Shares
*Min Investment

Check Allotment

16 Jan, 2026

Open Date

20 Jan, 2026

Close Date

21 Jan, 2026

Allotment Date

23 Jan, 2026

Listing Date
Aritas Vinyl IPO Live Subscription Details
View Subscription Details
QIB 1.00x
Individual 2.88x
NIIs 1.37x
BHNI 1.48x
SHNI 1.15x
Individual 2.88x
Total 2.27x
Last updated: 20 Jan 2026, 05:57 PM
Aritas Vinyl IPO Issue Details
  • Issue Price ₹40-47 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 79,83,000 shares(aggregating up to ₹37.52 crore)
  • Fresh Share 69,98,000 shares(aggregating up to ₹32.89 crore)
  • Offer For Sale 9,84,400 shares(aggregating up to ₹4.63 crore)
  • Listing at BSE SME
  • List Price 47.0
  • Listing Date 2026-01-23
  • Lead Manager Interactive Financial Services Ltd.
  • Registrar Bigshare Services Pvt.Ltd.
Market Lot Size

Investors can bid for a minimum of 6000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 6000 ₹2,82,000
Individual(max) 2 6000 ₹2,82,000
SHNI(min) 3 9000 ₹4,23,000
SHNI(max) 7 21000 ₹9,87,000
BHNI(min) 8 24000 ₹11,28,000
Aritas Vinyl IPO Reservation

Aritas Vinyl IPO offers total 7983000 shares. Out of which 78000 (0.98%) allocated to QIB, 2991000 (37.47%) allocated to NII,4512000 (56.52%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.

Investor Category Shares Offered Maximum Allottees
Market Maker Shares Offered 402000 (5.04%)
QIB Shares Offered 78000 (0.98%)
NII (HNI) Shares Offered 2991000 (37.47%)
bNII > ₹10L 1995000 (25%)
sNII < ₹10L 996000 (12%)
Individual Shares Offered 4512000 (56.52%)
Total Shares Offered 7983000 (100%)
Aritas Vinyl IPO Documents
DRHP
RHP
Aritas Vinyl IPO Details


Aritas Vinyl Limited IPO is an SME IPO, priced at ₹40-47 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 79,83,000 equity shares, aggregating up to ₹37.52 crores..

The IPO bidding window is open from Jan 16, 2026 to Jan 20, 2026. The allotment is expected to be finalized on Jan 21, 2026, and the tentative listing date is Jan 23, 2026.

The minimum lot size for Individual investors is 6000 shares, with a minimum investment of ₹2,82,000.

Interactive Financial Services Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt.Ltd., and

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Aritas Vinyl IPO Subscription Analysis And Details
Retail
2.88x
QIB
1.00x
NII
1.37x
bNII
1.48x
sNII
1.15x
Total
2.27x
As on QIB NII
bNII   sNII 		Individual Total
Shares Offered / Reserved 78,000 29,91,000
19,95,000    9,96,000 		45,12,000 75,81,000
Day 1 16-01-26 05:00 PM
0.00 x 0.80 x
1.09 x   0.20 x 		0.26 x 0.47 x
Day 2 19-01-26 05:00 PM
0.00 x 1.16 x
1.38 x   0.71 x 		1.78 x 1.52 x
Day 3 20-01-26 05:00 PM
1.00 x 1.37 x
1.48 x   1.15 x 		2.88 x 2.27 x
Total No of Applications
2,286
Subscription on the basis of Applications
Retail:2.88x BHNI:0.06x SHNI:0.95x
Aritas Vinyl Valuations
EPS Pre IPO ₹3.26/-
EPS Post IPO ₹2.95/-
P/E Pre IPO 14.43
P/E Post IPO 15.93
ROE 31.23%
ROCE 21.99%
Debt/Equity 1.80
RoNW 20.36%
PAT Margin 4.23%
Price to Book Value 2.94
Market Cap. 92.54 Cr.
Aritas Vinyl Company Financials
In Crs.
In Cr.
31-Aug-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 98.25 95.26 76.12 57.95
Revenue 40.58 98.02 69.25 51.42
Profit After Tax 2.42 4.13 1.67 0.99
Net Worth 22.77 20.27 5.99 4.32
Reserves & Surplus 10.21 7.79 3.49 1.82
Total Borrowing 37.78 36.82 52.79 33.10
About Aritas Vinyl Company

Incorporated in the year 2020, Aritas Vinyl Private Limited is a manufacturing and trading concern in the production of technical textile, named Artificial leather also known as PU Synthetic leather, and PVC Coated leather, done through the latest technology named Transfer Coating Technology.The company deals in the manufacture of artificial leather, PVC vinyl, and other associated products for different industries. These industries include the automotive, fashion, and interior design industries.

The company caters to the requirements of the distributors, wholesalers, and manufacturers, as well as exports the products to other nations such as Greece, Oman, UAE, Sri Lanka, USA, and SEZs, which promotes the use of synthetic leather instead of real leather.The manufacturing unit is situated at Kubadthal, and the Ahmedabad unit has an operational area of 6,067 sq. meters with an installed capacity of 7.8 million square meters per annum.

Products:
Automotive Upholstery: Polyethylene leather, PVC vinyl used for seats, door side trims, steering wheel covers, etc.
Fashion Accessories:Artificial leather products like bags, wallets, laptop sleeves, and purses. Interior Design: PVC Vinyl Solution for wall treatment and furniture upholstery. Serving residential, as well as commercial, segments.

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Aritas Vinyl - Promoter(s)

Mr. Anilkumar Prakashchandra Agrawal, Mr. Sanjaykumar Kantilal Patel, Mr. Ankit Anilbhai Agrawal, Mr. Mohit Ashokkumar Agrawal, Mr. Rohit Dineshbhai Agrawal, Mr. Rutvik Patel and Mr. Shubham Sunilbhai Agrawa

Pre Issue Share Holding : 47.22%

Post Issue Share Holding : 27.99%

Aritas Vinyl IPO - Issue Objectives
1

Capital Expenditure for Solar Power Project

2

Working Capital

3

General Corporate Purposes

Contact Details

Aritas Vinyl

Survey No. 1134, Near Elegant Vinyl Private Limited, Daskroi, Ahmedabad, Gujarat, 382430

9998852850

info@aritasvinyl.com

http://www.aritasvinyl.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html