Atharva Polyplast IPO GMP today is Rs 6. Investors can use this GMP along with price band and subscription status for a better IPO review.
Closed
SME IPO
ATHARVA POLYPLAST
Atharva Polyplast IPO GMP, Subscription & Allotment Status Today
Atharva Polyplast is a SME IPO with a price band of Rs 55.00 to Rs 60.00. Bidding has closed on 02 Jul 2026, with a current GMP of Rs 6 (+10% est. listing gain) ahead of listing on 07 Jul 2026.
- Price Band
- ₹55.00 - ₹60.00
- Lot Size
- 2,000 Shares
- Bidding Closes
- 02 Jul 2026
- Listing Date
- 07 Jul 2026
Current GMP Status
₹6
+10% vs upper band
Est. Listing Gain
+10.00%
Last Trend
02 Jul 2026
Listing Price
Est. ₹66
Retail Entry
₹2,40,000
IPO Details
Complete IPO information
| Current GMP | ₹6 |
|---|---|
| Estimated Listing Gain | +10.00% |
| Price Band | ₹55.00 - ₹60.00 |
| Issue Price | Approx ₹27.00 Crores |
| Listing Price | Est. ₹66 |
| Lot Size | 2,000 Shares |
| Issue Type | SME |
| Registrar | TBA |
| Exchange | NSE, BSE |
| Retail Quota | TBA |
| Overall Subscription | 2.34x |
| Listing Date | 07 Jul 2026 |
| Minimum Investment | ₹2,40,000 |
Head-to-head
Compare Atharva Polyplast IPO with similar IPOs
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Atharva Polyplast is priced at ₹60 per share. With a minimum lot size of 2,000 shares, a retail investor applying for one lot would need approximately ₹2,40,000 to participate in this SME issue.
The latest recorded Grey Market Premium for Atharva Polyplast stands at ₹6, implying an estimated listing gain of around 10.00% over the issue price if it holds until listing. This is down ₹2 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Atharva Polyplast's IPO was subscribed 2.34x overall, with a category-wise breakdown of Retail 2.84x, QIB 1.18x.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
30 Jun 2026
✓
Bidding Closes
02 Jul 2026
03
Allotment Next
03 Jul 2026
04
Listing
07 Jul 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 02 Jul 2026 | ₹6.00 | -₹2.00 | 10.00% |
| 30 Jun 2026 | ₹8.00 | - | 13.33% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 4,000 | ₹2,40,000 |
| Retail Maximum | 2 Lot | 4,000 | ₹2,40,000 |
| S-HNI Minimum | 3 Lot | 6,000 | ₹3,60,000 |
| S-HNI Maximum | 8 Lot | 16,000 | ₹9,60,000 |
| B-HNI Minimum | 9 Lot | 18,000 | ₹10,80,000 |
Swipe to see more →
Analysis
Atharva Polyplast IPO Details
Atharva Polyplast Limited is launching its Initial Public Offering (IPO) through the book-building route to raise capital for business expansion, working capital requirements, and strengthening its manufacturing and operational capabilities in the plastic and polymer products segment.
The IPO consists entirely of a fresh issue of equity shares, meaning the funds raised will be directly utilized for the company’s growth initiatives. Post issue, the shares of Atharva Polyplast Limited are proposed to be listed on the BSE SME platform.
| Particular | Details |
|---|---|
| Atharva Polyplast IPO Open Date | June 30, 2026 |
| Atharva Polyplast IPO Close Date | July 2, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹55 to ₹60 Per Share |
| Issue Size | Approx ₹27 Crores |
| Fresh Issue | Approx ₹27 Crores |
| Issue Type | Bookbuilding Issue |
| IPO Listing | BSE SME |
Analysis
Atharva Polyplast IPO Reservation
Atharva Polyplast Limited has allocated its IPO shares across different investor categories as per regulatory guidelines. The reservation structure ensures participation from institutional investors, non-institutional investors, and retail investors in the public issue.
The allocation includes portions reserved for Anchor Investors and Qualified Institutional Buyers (QIBs), along with dedicated quotas for Non-Institutional Investors (NIIs) and Retail Individual Investors (RIIs). Final allotment will depend on subscription levels and applicable regulations.
| Investor Category | Share Offered | Shares (%) |
|---|---|---|
| Anchor Investor | 12,74,000 Shares | 28.31% |
| QIB (Ex. Anchor) | 8,56,000 Shares | 19.02% |
| NII Shares Offered | 6,42,000 Shares | 14.27% |
| Retail Shares Offered | 15,02,000 Shares | 33.38% |
Analysis
Atharva Polyplast IPO Anchor Investors
Atharva Polyplast Limited has allocated a portion of its IPO to Anchor Investors as part of the book-building process. Anchor investors are typically institutional participants such as mutual funds, insurance companies, and foreign portfolio investors who subscribe to the issue before it opens for the public.
The anchor portion helps improve investor confidence and supports price discovery in the IPO. Shares allotted to anchor investors are subject to mandatory lock-in periods as per SEBI regulations.
| Particular | Details |
|---|---|
| Anchor Bidding Date | June 29, 2026 |
| Anchor Investors List | |
| Shares Offered | 12,74,000 Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date for 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date for Remaining 50% Shares (90 Days) | 2026 |
Note: Final anchor allocation details and issue size will be disclosed after completion of the anchor book-building process.
Analysis
Atharva Polyplast IPO Dates
The Atharva Polyplast IPO is scheduled to open for subscription on June 30, 2026 and will remain open for bidding until July 2, 2026. Investors can apply through ASBA-enabled banks and UPI-based trading platforms during the IPO subscription window.
The allotment of shares is expected to be finalized on July 3, 2026, followed by refunds and credit of shares to demat accounts on July 6, 2026. The IPO is proposed to be listed on the BSE SME platform on July 7, 2026.
| Event | Date |
|---|---|
| IPO Open Date | June 30, 2026 |
| IPO Close Date | July 2, 2026 |
| Basis of Allotment | July 3, 2026 |
| Refunds | July 6, 2026 |
| Credit to Demat Account | July 6, 2026 |
| IPO Listing Date | July 7, 2026 |
| IPO Bidding Cut-off Time | July 2, 2026 – 5 PM |
Analysis
Atharva Polyplast IPO Promoters and Holding Pattern
The promoters of Atharva Polyplast Limited are Anujit Shivaji Darade, Shivaji Kisan Darade, and Ashish Shivaji Darade. The promoters have been instrumental in building and expanding the company's operations in the plastic and polymer manufacturing sector.
The company was fully promoter-held prior to the public issue. Post IPO, the promoter shareholding is expected to dilute due to issuance of fresh equity shares, while promoters are expected to continue managing and driving the company’s long-term growth strategy.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,23,49,998 | 100% |
| Promoter Holding Post Issue | 1,68,49,998 | 73.29% |
Analysis
Atharva Polyplast IPO Objects of the Issue & Utilisation of Proceeds
The net proceeds from Atharva Polyplast Limited’s IPO are proposed to be utilized for strengthening the company’s operational capabilities, reducing financial obligations, and supporting working capital requirements. These objectives are aimed at improving overall business efficiency and enabling sustainable growth.
A portion of the funds will also be allocated for general corporate purposes, which may include strategic initiatives, administrative expenses, and other business-related requirements as approved by the management.
| Purpose | Amount (Crores) |
|---|---|
| Funding Capital Expenditure of the Company | ₹3.00 |
| Repayment and/or Pre-payment of Borrowings | ₹3.00 |
| Funding Working Capital Requirements | ₹13.00 |
| General Corporate Purpose | ₹- |
Analysis
Atharva Polyplast - About IPO
Atharva Poly-Plast, established in 2015, manufactures precision plastic components used in industries such as furniture, home appliances, and automotive assemblies. The company specialises in producing injection-moulded parts using materials like polypropylene (PP), ABS, HDPE, and other engineering plastics.
The company operates a modern manufacturing facility spread over 2,34,614 square feet, with a production area of 40,000 square feet. It is equipped with 17 injection moulding machines ranging from 100 tonnes to 1000 tonnes, enabling it to manufacture a wide range of high-quality plastic components efficiently.
Analysis
Atharva Polyplast IPO Company Financial Report
Atharva Polyplast Limited has shown fluctuating but improving financial performance over the reported periods. The company operates in the plastic and polymer manufacturing sector and has gradually strengthened its profitability position with better control over expenses and improved revenue generation.
The financial data reflects the company's operational progress and asset base expansion, indicating steady business activity and improving margins in recent periods. Investors often evaluate such financial trends to understand long-term growth potential before participating in an IPO.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹46.82 | ₹46.02 | ₹0.71 | ₹32.92 |
| 2024 | ₹43.09 | ₹40.48 | ₹2.00 | ₹32.66 |
| 2025 | ₹49.06 | ₹42.51 | ₹5.29 | ₹30.88 |
| Jan 2026 | ₹43.90 | ₹37.96 | ₹4.73 | ₹42.54 |
Note: Amount in ₹ Crores. Figures are based on company-reported financial statements and may be subject to audit adjustments.
Analysis
Atharva Polyplast IPO Valuation – FY2025
Atharva Polyplast Limited’s valuation metrics provide insights into its profitability, efficiency, and financial strength. Investors typically analyze ratios such as ROE, ROCE, EBITDA margin, PAT margin, EPS, and NAV to evaluate the company’s operational performance and IPO pricing attractiveness.
The company has shown strong profitability margins and improving returns in FY2025, supported by efficient capital usage and consistent growth in earnings. These indicators help investors assess the long-term sustainability and valuation positioning of the IPO.
| KPI | Values |
|---|---|
| ROE | 50.99% |
| ROCE | 35.31% |
| EBITDA Margin | 19.32% |
| PAT Margin | 11.12% |
| Debt to Equity Ratio | 0.53 |
| Earning Per Share (EPS) | ₹4.28 (Basic) |
| Price/Earning (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 40.63% |
| Net Asset Value (NAV) | ₹10.53 |
FY2025 Note: These valuation metrics are based on the company’s reported financials and are commonly used for IPO comparison, sector benchmarking, and investment decision-making.
Analysis
Atharva Polyplast IPO Peer Group Comparison
Peer comparison helps investors evaluate Atharva Polyplast Limited against listed companies in the same or similar manufacturing sector. Key financial indicators such as EPS, P/E ratio, RoNW, NAV, and revenue provide insights into relative valuation and business strength.
This comparison helps in understanding how the company is positioned in terms of profitability, efficiency, and market valuation compared to industry peers.
| Company | EPS | P/E Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Master Components Limited | 16.23 | 39.16 | 22.01% | 73.73 | ₹42.40 Cr. |
Note: Peer comparison is based on publicly available financial data and is used only for informational and comparative analysis purposes before IPO investment decisions.
Analysis
IPO Lead Managers aka Merchant Bankers
- Horizon Management Pvt. Ltd.
FAQ
Atharva Polyplast IPO FAQs
Atharva Polyplast IPO price band is Rs 55.00 to Rs 60.00. Check the latest issue price, lot size and GMP together before applying.
Atharva Polyplast IPO open date is 30 Jun 2026, close date is 02 Jul 2026, and listing date is 07 Jul 2026.
Atharva Polyplast IPO lot size is 2,000 shares. The minimum retail investment is Rs 2,40,000.
Atharva Polyplast is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Atharva Polyplast IPO subscription status currently shows Retail 2.84x, QIB 1.18x, Overall 2.34x.
Atharva Polyplast IPO issue size is TBA and the expected allotment date is 03 Jul 2026.
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