Atharva PolyPlast IPO
Atharva PolyPlast IPO Details
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Open Date
30 Jun 2026
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Close Date
02 Jul 2026
- IPO Price Range
₹ 55 – ₹60
- IPO Size
₹ 27 Cr
Atharva PolyPlast IPO Timeline
Last Updated: 24 June 2026 5:57 PM by 5paisa
Atharva Polyplast Limited is engaged in the manufacturing of precision plastic components for industries such as furniture, home appliances, and automotive assemblies. The company specialises in injection-moulded products made from materials including polypropylene (PP), ABS, HDPE, and other engineering plastics.
The company operates a manufacturing facility with 17 injection moulding machines ranging from 100 tonnes to 1,000 tonnes, enabling the production of a wide range of plastic components. It also offers end-to-end solutions covering mould design, prototyping, production, and quality assurance.
Atharva Polyplast caters to customers across multiple industrial sectors and focuses on delivering customised, durable, and high-quality plastic products while maintaining established quality and environmental standards.
Established in: 2015
Managing Director: Anujit Shivaji Darade
Peers:
Master Components Limited
Atharva PolyPlast Objectives
1. Repayment and/or pre-payment, in full or part, of borrowing availed by the Company
2. Funding the working capital requirements of the Company
3. General Corporate Purpose
Atharva Polyplast IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹27 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹27 Cr |
Atharva Polyplast IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Individual investors (IND) (Min) | 1 | 4,000 | ₹2,20,000 |
| Individual investors (IND) (Max) | 1 | 4,000 | ₹2,40,000 |
| S-HNI (Min) | 2 | 8,000 | ₹4,40,000 |
| S-HNI (Max) | 8 | 32,000 | ₹19,20,000 |
| B-HNI (Min) | 9 | 36,000 | ₹19,80,000 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 46.82 | 43.09 | 49.06 |
| EBITDA | 4.75 | 5.95 | 9.16 |
| PAT | 0.71 | 2.00 | 5.29 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 32.92 | 32.66 | 30.88 |
| Share Capital | 6.50 | 6.50 | 6.50 |
| Total Liabilities | 259.87 | 267.60 | 130.00 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | 7.75 | 2.86 | 6.95 |
| Net Cash Generated From / (used in) Investing Activities | (1.91) | 0.96 | 1.56 |
| Net Cash Generated From / (used in) Financing Activities | (5.02) | (4.06) | (6.70) |
| Net Increase (Decrease) in Cash and Cash Equivalents | 0.82 | (0.24) | 1.81 |
Strengths
1. Established manufacturer of precision plastic components catering to furniture, home appliances, and automotive assembly sectors.
2. Expertise in injection-moulded products using polypropylene (PP), ABS, HDPE, and engineering polymers.
3. Provides end-to-end solutions, including mould design, prototyping, production, and quality assurance.
4. Strong improvement in profitability, with PAT increasing from ₹2.00 crore in FY24 to ₹5.29 crore in FY25.
Weaknesses
1. Operates as an SME with a relatively modest scale of operations compared to larger listed plastic component manufacturers.
2. Business is exposed to fluctuations in raw material prices, particularly polymer-based inputs.
3. Presence in manufacturing-intensive segments may require continuous capital expenditure and working capital support.
Opportunities
1. Growing demand for precision plastic components from the furniture, home appliance, and automotive industries.
2. IPO proceeds will support capital expenditure, working capital requirements, and debt repayment, which may strengthen future growth capacity.
3. Opportunity to expand production capabilities through investment in new moulds and machinery.
4. Potential to deepen relationships with existing industrial customers through co-development projects and customised manufacturing solutions.
Threats
1. Competition from established domestic and international plastic component manufacturers.
2. Dependence on demand conditions in end-user industries such as automotive, furniture, and consumer appliances.
3. Any slowdown in industrial manufacturing activity could impact order volumes.
4. Volatility in polymer and raw material prices could affect margins.
1. Growing manufacturer of precision plastic components serving multiple industrial sectors.
2. Demonstrated improvement in financial performance, particularly profitability in FY25.
3. Strong return metrics, including healthy ROE and ROCE levels.
4. IPO proceeds are planned for business expansion, working capital support, and debt reduction, which may strengthen future operations.
Atharva Poly-Plast Limited operates in the precision plastic components manufacturing industry, supplying products to sectors such as furniture, home appliances, and automotive assemblies. The company manufactures injection-moulded components using a variety of polymers and offers integrated services ranging from mould design and prototyping to final production and quality validation.
The Indian plastics processing industry continues to benefit from rising manufacturing activity, increasing demand for lightweight components, and expanding use of engineered plastics across consumer and industrial applications. Within this landscape, Atharva Poly-Plast's focus on precision manufacturing and customer-specific solutions positions it to participate in sector growth.
- Companies
- Type
- Opening On
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Aastha Spintex
- Mainboard
- 29th Jun
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FAQs
Atharva Polyplast . IPO opens on June 30, 2026 and closes on July 2, 2026.
The total issue size of the Atharva Polyplast . IPO is ₹27 crore.
The price band for the Atharva Polyplast . IPO is ₹55 to ₹60 per equity share.
To apply for Knack Packaging 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 theKnack Packaging. 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 application size is 1 lot of 4,000 shares, requiring an investment of ₹2,40,000 at the upper price band.
The basis of allotment for the Atharva Polyplast . IPO is expected to be finalised on July 3, 2026.
Atharva Polyplast . IPO is expected to list on July 7, 2026, on the BSE SME platform.
The Book Running Lead Manager (BRLM) for the Atharva Polyplast . IPO is Horizon Management Private Limited.
The company proposes to utilise the IPO proceeds for:
1. Repayment and/or prepayment of certain borrowings.
2. Funding the working capital requirements of the company.
3. General corporate purposes.