SME
IPO ·
BSE SME
Atharva Polyplast Ltd
Listed
Incorporated in 2014, Atharva Polyplast is a Pune-based manufacturer of precision plastic components, serving key industries like furniture, home appliances, and automotive. its main focus is on injection moulding using materials
Issue details
Price band
₹55 – ₹60
Face value
₹10
Lot size
2,000 shares
Minimum investment
₹2,40,000
Issue size
₹27.00 Cr
Fresh issue
₹25.64 Cr
Offer for sale
—
Issue type
Book Built
Exchange
BSE SME
Key dates
Opens
30 Jun 2026
Closes
2 Jul 2026
UPI mandate cut-off
5:00 PM on 2 Jul 2026
Allotment
3 Jul 2026
Refunds
6 Jul 2026
Shares in demat
6 Jul 2026
Listing
7 Jul 2026
Subscription and listing
Subscription
7.99x
Listing price
₹69
Registrar
MUFG Intime India Pvt Ltd
Lead manager
Horizon Management Pvt.ltd.
Subscription by category
Total
7.99x
Total applications
5,176
Anchor investors
Amount raised
₹7.64 Cr
Bid date
29 Jun 2026
50% lock-in ends
2 Aug 2026
Rest lock-in ends
1 Oct 2026
Listing day
Issue price
₹60
Open
₹69.00
High
₹72.45
Low
₹69.00
Day close
₹72.45
Listing gain at open
+15.00%
Issue structure
Shares reserved per category and share of the total issue
QIB Shares Offered
21,30,000
47.33%
Anchor Investor Shares Offered
12,74,000
28.31%
QIB (Ex. Anchor) Shares Offered
8,56,000
19.02%
NII Shares Offered
6,44,000
14.31%
bNII > ₹10L
4,28,000
9.51%
sNII < ₹10L
2,16,000
4.80%
Retail Shares Offered
15,00,000
33.33%
Market Maker Shares Offered
2,26,000
5.02%
Total Shares Offered
45,00,000
100.00%
Finaccle’s quick read
Apply
FY25 income up 14%, PAT up 165%, ROE 30.74%, D/E 0.57, post-issue P/E 17.83x.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
Incorporated in 2014, Atharva Polyplast is a Pune-based manufacturer of precision plastic components, serving key industries like furniture, home appliances, and automotive. its main focus is on injection moulding using materials such as polypropylene (PP), ABS, HDPE, and engineering polymers. The company works with OEMs and Tier-1 suppliers in India, offering both B2B manufacturing and co-development support — from mould design and prototyping to final production and quality checks. It also assemble products using fasteners, hinges, and foam parts as per customer requirements.
Founded
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
30.74%
ROCE
24.92%
Debt / equity
0.57
PAT margin
11.14%
P/E post issue
17.83
Market cap
₹101.10 Cr
Use of IPO money
Funding Capital Expenditure of Company
₹3.00 Cr
Repayment and/or pre-payment, in full or part, of borrowing availed by Company
₹2.50 Cr
Funding working capital requirements of the Company
₹13.00 Cr
General Corporate Purposes
₹3.92 Cr
Issue expenses
₹4.58 Cr
Strengths
✓
PAT up 165% in FY25 to ₹5.29 Cr
✓
PAT margin of 11.14%
✓
ROE of 30.74% and ROCE of 24.92%
✓
Moderate leverage: debt to equity 0.57
Risks to watch
!
SME platform: large lot size and thinner trading liquidity
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Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.