Atharva Polyplast IPO IPO
Bookbuilding IPO | ₹27.00 Cr | Listing at BSE SME
Closed
IPO Open
Tue, Jun 30, 2026
IPO Close
Thu, Jul 02, 2026
Price Band
₹55.00 to ₹60.00
Market Cap (Pre-IPO)
₹101.10 Cr
IPO Details
| IPO Date | Jun 30, 2026 to Jul 02, 2026 |
| Listing Date | Tentative: Jul 07, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹55.00 to ₹60.00 |
| Lot Size | 2000 Shares (Minimum: ₹120,000.00) |
| Sale Type | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Issue Size | ₹27.00 Crores |
| Total Shares Offered | 4,500,000 shares |
| Fresh Issue | 4,274,000 shares |
| Offer For Sale | 4,500,000 shares |
Atharva Polyplast IPO IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 21,30,000 |
| Retail Shares Offered | 15,02,000 |
| NII Shares Offered | 6,42,000 |
Atharva Polyplast IPO 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 |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹240,000 |
| Retail (Max) | 2 | 4,000 | ₹240,000 |
| S-HNI (Min) | 3 | 6,000 | ₹360,000 |
| S-HNI (Max) | 8 | 16,000 | ₹960,000 |
| B-HNI (Min) | 9 | 18,000 | ₹1,080,000 |
Atharva Polyplast IPO Financial Information (Restated Consolidated)
| 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 ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 51.00% |
| ROCE (Return on Capital Employed) | 35.31% |
| RoNW (Return on Net Worth) | 40.63% |
| PAT Margin (Profit After Tax Margin) | 11.12% |
| EBITDA Margin | 19.32% |
| Price to Book Value | 5.70 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 4.28 | 3.37 |
| P/E (x) | 14.02 | 17.83 |
| Promoter Holding | 100.00% | 73.29% |
Company Promoters
- Anujit Shivaji Darade
- Shivaji Kisan Darade and Ashish Shivaji Darade are the company promoters.
Company Overview
Atharva Polyplast IPO – Company Overview
- Atharva Polyplast Limited is engaged in the manufacturing of precision plastic components for industries such as furniture, home appliances, and automotive.
- The company specializes in plastic injection moulding, using materials such as Polypropylene (PP), ABS, HDPE, and engineering polymers.
- It serves OEMs and Tier-1 suppliers across India, providing both manufacturing and co-development support.
- Its services include mould design, prototyping, injection moulding, assembly, and quality testing of plastic components.
- The company also undertakes assembly operations using fasteners, hinges, and foam parts as per customer specifications.
- Its manufacturing facility spans 2,34,614 sq. ft., including 40,000 sq. ft. of production area, and is equipped with 17+ injection moulding machines ranging from 100T to 1000T capacity.
- The company has an in-house quality control team and follows certified quality management systems.
- It holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications for quality, environmental, and occupational health & safety management.
Company 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
Use of Proceeds
| 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 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Atharva Polyplast IPO IPO Peer Comparison
Atharva Polyplast IPO peer comparison with similar listed entities. (As on March 31, 2025)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Atharva Polyplast Ltd. | 4.28 | 4.28 | 10.53 | - | 40.63 | - | Standalone |
| Master Components Ltd | 16.23 | 16.23 | 73.73 | 39.16 | 22.01 | 4.79 | Standalone |
Quick Info
| Sector | Plastics and Polymers |
| Exchange | BSE SME |
| Market Cap (Pre-IPO) | ₹101.10 Cr |
Important Dates
| IPO Open | Jun 30, 2026 |
| IPO Close | Jul 02, 2026 |
| Allotment Date | Jul 03, 2026 |
| Credit to Demat | Jul 06, 2026 |
| Listing Date | Tentative: Jul 07, 2026 |
Lead Manager(s)
Horizon Management Pvt.Ltd.
Registrar
Description
- IPO Type: Book build issue aggregating to ₹27.00 crores.
- Issue Structure: Entirely a fresh issue of 0.45 crore shares totaling ₹27.00 crores.
- IPO Dates: The issue opens on June 30, 2026 and closes on July 2, 2026.
- Allotment Date: The allotment is expected to be finalized on July 3, 2026.
- Listing Details: The shares are proposed to be listed on BSE Limited SME on July 7, 2026.
- Retail Investment Requirement: Minimum 2 lots (4,000 shares) amounting to approximately ₹2,40,000 (at the upper price band).
- HNI Investment Requirement: Minimum 3 lots (6,000 shares) totaling around ₹3,60,000.
- Issue Price Band: ₹55 to ₹60 per equity share.
- Lot Size: 2,000 shares per lot.
This IPO offers investors an opportunity to participate in the plastics and polymer manufacturing sector through a fresh issue of shares