Atharva Polyplast Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 2.38x | 2,130,000 | 5,066,000 | ₹13 Cr |
| NII (HNI) | 18.93x | 644,000 | 12,190,000 | ₹4 Cr |
| Retail | 11.26x | 1,500,000 | 16,896,000 | ₹9 Cr |
| Market Maker | — | 226,000 | — | ₹1 Cr |
| Σ Total | 7.99x | 4,274,000 | 34,152,000 | ₹26 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹120,000 |
| Retail (Max) | 13 | 26,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 134,000 | ₹8,040,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Jan 2026 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 44 | 43 | 47 |
| EBITDA | 8 | 6 | 5 |
| Profit After Tax | 5 | 2 | 1 |
| Net Worth | 18 | 8 | 6 |
| Total Assets | 43 | 33 | 33 |
| Reserves & Surplus | 5 | 1 | -1 |
| Total Borrowing | 10 | 14 | 16 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding Capital Expenditure of our Company – 3.00
- Repayment and/or pre-payment, in full or part, of borrowing availed by our Company – 3.00
- Funding working capital requirements of the Company – 13.00
- General Corporate Purpose –
Company Overview
Atharva Polyplast manufactures 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.
Its manufacturing facility spans across 2,34,614 sq. ft., with 40,000 sq. ft. of production space. It houses over 17 moulding machines (100T to 1000T), helps to serve diverse industries, including furniture, home appliances, automobile, etc
The company also has an in-house quality control team and its quality management system is certified with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.
Competitive strengths
- Strong relationships with established customer bas
- Experienced Promoters and Management
- comprehensive range of plastic components product spectrum
- Sustainable and Responsible Manufacturing
- Diversified Geographical Region