Atharva Polyplast
Table of Contents
- 01 IPO Description
- 02 IPO Parameters
- 03 IPO Roadmap
- 04 GMP History
- 05Atharva Polyplast IPO Market Lot
- 06 Atharva Polyplast IPO Details
- 07 Atharva Polyplast IPO Reservation
- 08 Atharva Polyplast IPO Anchor Investors
- 09 Atharva Polyplast IPO Dates
- 10 Atharva Polyplast IPO Promoters and Holding Pattern
- 11 Atharva Polyplast IPO Objects of the Issue & Utilisation of Proceeds
- 12 Atharva Polyplast - About IPO
- 13 Atharva Polyplast IPO Company Financial Report
- 14 Atharva Polyplast IPO Valuation – FY2025
- 15 Atharva Polyplast IPO Peer Group Comparison
- 16 IPO Lead Managers aka Merchant Bankers
IPO PARAMETERS
IPO ROADMAP
Grey Market Premium HISTORY
| Date | GMP (₹) | Daily Change | Gain (%) |
|---|---|---|---|
| 02 Jul 2026 | ₹6.00 | -₹2.00 | 10.00% |
| 30 Jun 2026 | ₹8.00 | - | 13.33% |
Atharva Polyplast IPO MARKET LOT
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 4,000 | ₹240,000 |
| Retail Maximum | 2 | 4,000 | ₹240,000 |
| S-HNI Minimum | 3 | 6,000 | ₹360,000 |
| S-HNI Maximum | 8 | 16,000 | ₹960,000 |
| B-HNI Minimum | 9 | 18,000 | ₹1,080,000 |
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 |
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% |
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 |
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 |
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% |
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 | ₹- |
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.
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 |
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 |
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. |
IPO Lead Managers aka Merchant BANKERS
- Horizon Management Pvt. Ltd.