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Aritas Vinyl Limited IPO
Aritas Vinyl Limited IPO

Aritas Vinyl Limited IPO

Aritas Vinly is engaged in the manufacturing of technical textiles, primarily artificial leather, including PU synthetic leather and PVC-coated leather, using advanced transfer coating technology. Â The Company markets its products through distributors, wholesalers and manufacturers, and also exports to international markets such as Greece, Oman, UAE, Sri Lanka and the USA, including supplies to SEZ units at GIDC Electronic Park, Gandhinagar and Cochin SEZ. Synthetic leather provides an eco-friendly substitute to animal leather and finds wide application across automotive interiors, footwear, upholstery, fashion accessories, furnishings and stationery products.

Price Band

₹40 - ₹47

Dates

16 Jan - 20 Jan

GMP

₹0 (0.00%)

Subscriptions

2.15 times

Issue Size

₹37.52 Crs

Aritas Vinyl IPO Key Dates

Opening Date

16 Jan 26

Closing Date

20 Jan 26

Basis Of Allotment

21 Jan 26

Initiations Of Refund

22 Jan 26

Credit Of Shares

22 Jan 26

Listing Date

23 Jan 26

Aritas Vinyl IPO Objects

  1. Capital Expenditure for solar power project.
  2. Working Capital
  3. General Corporate Purpose,

Aritas Vinyl IPO Details

Price Band

₹40 - ₹47

Listing At

BSE SME

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹32.89 Cr (0.70 Cr Shares)

Offer For Sale

₹4.63 Cr (0.10 Cr Shares)

Total Issue

₹37.52 Cr (0.80 Cr Shares)

Face Value

₹10 per equity share

Aritas Vinyl IPO Lot Information

Investor Category Lot Shares Amount
Individual Investor
Minimum 2 6,000 2,82,000
Maximum 2 6,000 2,82,000
Small HNI
Minimum 3 9,000 4,23,000
Maximum 7 21,000 9,87,000
Big HNI
Minimum 8 24,000 11,28,000

Aritas Vinyl IPO Subscription

Updated as on 20 Jan 2026 | 05:00:00 PM

Investor Category Subscription (times) Shares Offered Shared Bid
QIB 1.00 78,000 78,000
NII 1.21 29,91,000 41,04,000
bNII (bids above ₹10L) 1.48 19,95,000 29,61,000
sNII (bids between ₹2L to ₹10L) 1.15 9,96,000 11,43,000
Retail 2.88 45,12,000 1,29,90,000
Total 2.15 79,83,000 1,71,72,000

Data is sourced from NSE & BSE and may change. Information is provided on an “AS IS” and “AS AVAILABLE” basis without warranties.

Aritas Vinyl IPO GMP

The estimated Grey Market Premium of Aritas Vinyl IPO is ₹0 per share (0.00%)

The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.

Category Allocation

Particulars Allocation
QIB Not more than 50% of Net Offer
NII Not less than 15% of Net Offer
Retail Not less than 35% of Net Offer
Market Maker 4,02,000 EQ. Shares

Aritas Vinyl IPO Financials

(Rs. in crores)

Particulars Aug-25 Mar-25 Mar-24 Mar-23
Revenue 40.54 97.67 68.78 51.18
PAT 2.42 4.13 1.67 0.99
Net Worth 22.77 20.27 5.57 3.70
Borrowings 37.78 36.82 52.79 33.10
Assets 98.25 95.26 76.12 57.95
NAV (₹) 17.95 15.97 22.28 14.79
EPS (₹) 1.91 13.14 6.66 3.98

The financial information presented is on a consolidated basis.

Key Performance Indicators

KPI VALUES
EBITDA 8.81%
PAT 4.23%
ROE 31.23%
ROCE 21.99%
PE Ratio 3.58
PB Ratio 2.94
Mkt Cap (in Crs.) 92.54
  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Aritas Vinyl IPO Peer Comparision

(Rs. in crores)

Particulars Aritas Vinly Mirza International Amin Tannery
Income 98.02 570.25 41.64
PAT 4.13 -4.00 0.29
EPS (₹) 13.14 0.93 0.03
NAV (₹) 15.97 33.56 1.19
RONW 20.39% -0.86% 2.27%
EBITDA 8.81% 6.08% 6.43%
PAT Mrgn 4.23% 0.70% 0.76%
PE Ratio 3.58 39.71 58.67

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 4, 2025 for Peers

Aritas Vinyl IPO Peer Comparision

(Rs. in crores)

Particulars Aritas Vinly
Income 98.02
PAT 4.13
EPS (₹) 13.14
NAV (₹) 15.97
RONW 20.39%
EBITDA 8.81%
PAT Mrgn 4.23%
PE Ratio 3.58
Mirza International Amin Tannery
570.25 41.64
-4.00 0.29
0.93 0.03
33.56 1.19
-0.86% 2.27%
6.08% 6.43%
0.70% 0.76%
39.71 58.67

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 4, 2025 for Peers

Promoter Details

Name Shareholding
Mohit Agrawa 10.24%
Anilkumar Agrawal 6.17%
Ankit Agrawa 6.03%
Shubham Agrawal 6.03%
Others 18.75%
Total 47.22%

Management Details

Name Designation
Anilkumar Agrawal MD
Khanjil Vora CFO

Company Details

Name: Aritas Vinyl Limited

Address: Survey No. 1134, Near Elegant Vinyl Private Limited, Daskroi, Ahmedabad, Gujarat, India, 382430

Number: 9998852850

Email: info@aritasvinyl.com

Website: https://www.aritasvinyl.com/

Book Running Lead Managers (BRLMs)

RTAs

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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Aritas Vinyl IPO is a SME IPO having an issue size of Rs. ₹37.52 Crs. Aritas Vinyl IPO is priced at ₹40 - ₹47 per share. The issue opens on 16 Jan 26 and closes on 20 Jan 26.

Aritas Vinyl IPO opens on 16 Jan 26 and closes on 20 Jan 26.

The estimated Grey Market Premium of Aritas Vinyl IPO is ₹0 per share (0.00%).

The minimum lot size of Aritas Vinyl IPO is 3000 shares & the minimum application amount is Rs. 141000.

The allotment date of Aritas Vinyl IPO is 21 Jan 26.

The listing date of Aritas Vinyl IPO is 23 Jan 26.

Aritas Vinyl IPO is subscribed 2.15 times.

Aritas Vinyl IPO is priced at ₹40 - ₹47 per share.

Click the allotment link on Aritas Vinyl IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Aritas Vinyl IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date