Aritas Vinyl IPO
Aritas Vinyl IPO Details
-
Open Date
19 Jan 2026
-
Close Date
21 Jan 2026
-
Listing Date
27 Jan 2026
- IPO Price Range
₹ 128 to ₹135
- IPO Size
₹ 77 Cr
- Listing Exchange
NSE SME
Aritas Vinyl IPO Timeline
Aritas Vinyl IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 16-Jan-2026 | 0.00 | 0.80 | 0.26 | 0.47 |
| 19-Jan-2026 | 0.00 | 0.80 | 0.26 | 0.47 |
Last Updated: 19 January 2026 10:09 AM by 5paisa
Aritas Vinyl Private Limited operates in the technical textile segment, specialising in the production of PU-based synthetic leather and PVC-coated materials using advanced transfer coating processes. The company caters to multiple end-use segments including automotive components, lifestyle products, furnishings, and interior applications. Its business model spans domestic distribution as well as international supply, serving a wide network of manufacturers, wholesalers, and overseas markets. With a well-equipped manufacturing unit in Ahmedabad and scalable production capacity, the company is positioned to meet varied quality, volume, and application requirements efficiently.
Established in: 2020
Managing Director: Anilkumar Prakashchandra Agrawal
Peers:
Mirza International Limited
Amin Tannery Limited
Aritas Vinyl Objectives
1. Investment of ₹4.26 Cr towards setting up a solar power project
2. ₹20.45 Cr allocated to support day-to-day operational needs
3. Funds reserved for general business and administrative purposes
Aritas Vinyl IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹38 Cr |
| Offer For Sale | ₹5 Cr |
| Fresh Issue | ₹31 Cr |
Aritas Vinyl IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 6000 | 2,40,000 |
| Retail (Max) | 2 | 6000 | 2,82,000 |
| S-HNI (Min) | 3 | 9000 | 3,60,000 |
| S-HNI (Max) | 7 | 21000 | 9,87,000 |
| B-HNI (Min) | 8 | 24000 | 9,60,000 |
Aritas Vinyl IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 0.00 | 78,000 | 0 | 0 |
| Non-Institutional Buyers | 0.80 | 29,91,000 | 23,79,000 | 11.181 |
| bNII (bids above ₹10L) | 1.09 | 19,95,000 | 21,78,000 | 10.237 |
| sNII (bids below ₹10L) | 0.20 | 9,96,000 | 2,01,000 | 0.945 |
| Individual Investors (IND category bidding for 2 Lots) | 0.26 | 45,12,000 | 11,70,000 | 5.499 |
| Total** | 0.47 | 75,81,000 | 35,49,000 | 16.680 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 51.18 | 68.78 | 97.67 |
| EBITDA | 3.09 | 4.65 | 8.63 |
| PAT | 0.99 | 1.66 | 4.13 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 57.94 | 76.11 | 95.26 |
| Share Capital | 2.50 | 2.50 | 12.69 |
| Total Liabilities | 17.74 | 14.88 | 35.33 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | - 7.68 | - 9.05 | 8.66 |
| Net Cash Generated From / (used in) Investing Activities | - 0.71 | - 8.29 | - 0.86 |
| Net Cash Generated From / (used in) Financing Activities | 8.77 | 17.70 | - 8.13 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 0.37 | 0. 35 | -0.33 |
Strengths
1. Consistent quality with customized product solutions
2. Promoter-led leadership with deep industry understanding
3. End-to-end manufacturing facility at an optimal location
4. Rapid capacity scale-up over a short operating period
Weaknesses
1. Growing global preference for synthetic alternatives over animal-based leather
2. Expanding application of PU and PVC materials across automotive and lifestyle sectors
3. Rising export demand from emerging and developed international markets
4. Scope to enhance capacity utilisation through product diversification and new customers
Opportunities
1. Growing global preference for synthetic alternatives over animal-based leather
2. Expanding application of PU and PVC materials across automotive and lifestyle sectors
3. Rising export demand from emerging and developed international markets
4. Scope to enhance capacity utilisation through product diversification and new customers
Threats
1. Regulatory changes impacting operations and expansion plans
2. Fire and safety risks due to use of inflammable materials
3. Inadequate insurance coverage against operational losses
4. Pending export commitments affecting compliance obligations
1. Promoter-led leadership with strong industry insight supports informed expansion and market positioning
2. Strategically located, fully integrated manufacturing setup enables efficient production and supply-chain control
3. Rapid capacity enhancement over recent years positions the company to meet rising demand
4. Established customer relationships across multiple industries provide stable volumes and repeat business
1. Focus on improving operational efficiency and cost optimisation to strengthen margins
2. Expanding market presence through deeper penetration and entry into new segments
3. Advancing product development via process innovation and new application offerings
4. Building OEM partnerships to secure steady demand and long-term collaborations
5. Strengthening brand visibility through enhanced marketing and promotional initiatives
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- SME
- 20th Jan
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- Mainboard
- 20th Jan
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FAQs
Aritas Vinyl IPO opens from January 16, 2026 to January 20, 2026.
The size of Aritas Vinyl IPO is approximately ₹38 crore.
The price band of Aritas Vinyl IPO is fixed at ₹40 to ₹47 per share.
To apply for Aritas Vinyl IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Aritas Vinyl. IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size is 6000 shares, requiring an investment of approximately ₹2,82,000.
The share allotment date of Aritas Vinyl IPO is January 21, 2026.
The Aritas Vinyl IPO will likely be listed on January 23, 2026.
Interactive Financial Services Ltd. is the book-running lead manager.
1. Capital infusion of ₹4.26 Cr strengthens long-term renewable asset creation
2. ₹20.45 Cr working capital boost enhances execution and cash-flow efficiency
3. General corporate funding supports scalability and operational flexibility