Aritas Vinyl Limited IPO

Aritas Vinyl Limited IPO

SME BSE SME 100% Book Built Offer
Closed

Price Band

₹40 - ₹47

Total Issue

₹37.52 Cr

Bid Dates

16 Jan - 20 Jan

Subscription

2.15x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Lot Info

Lot Information for Aritas Vinyl IPO
Category Lots Shares Amount
Individual (Min) 2 6,000 ₹2,82,000
Individual (Max) 2 6,000 ₹2,82,000
S-HNI (Min) 3 9,000 ₹4,23,000
S-HNI (Max) 7 21,000 ₹9,87,000
B-HNI (Min) 8 24,000 ₹11,28,000
Market Maker
4,02,000 EQ. Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹37.52 Cr
Fresh Issue
₹32.89 Cr (0.70 Cr Shares)
Offer For Sale
₹4.63 Cr (0.10 Cr Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹47
Est. Gain 0.00%

Aritas Vinyl IPO Peer Comparison

(Rs. in crores)

Aritas Vinyl IPO Peer Comparison Table
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

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Aritas Vinyl IPO
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

KPIs

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.

Shareholding

Promoter

47.22%

Public

52.78%

Mohit Agrawa 10.24%
Anilkumar Agrawal 6.17%
Ankit Agrawa 6.03%
Shubham Agrawal 6.03%
Others 18.75%

Management

Anilkumar Agrawal MD
Khanjil Vora CFO

Registrar & Lead Managers

Registrar

Bigshare Services

Bigshare Services

Lead Managers (1)

Interactive Financial Interactive Financial

Subscription Status

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

BSE SME Subscription Status for Aritas Vinyl IPO
Category Sub (x) Offered Bids
QIB 1.00x 78,000 78,000
NII 1.24x 29,91,000 37,02,000
bHNI 1.28x 19,95,000 25,59,000
sHNI 1.15x 9,96,000 11,43,000
Individual Investor 2.88x 45,12,000 1,29,90,000
Total 2.21x 75,81,000 1,67,70,000

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

Frequently Asked Questions

What is Aritas Vinyl IPO?
Aritas Vinyl IPO is a SME IPO having an issue size of ₹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.
When will Aritas Vinyl IPO open?
Aritas Vinyl IPO opens on 16 Jan 26 and closes on 20 Jan 26.
What is the GMP of Aritas Vinyl IPO?
The estimated Grey Market Premium of Aritas Vinyl IPO is ₹0 per share (0.00%).
What is the lot size of Aritas Vinyl IPO?
The minimum lot size of Aritas Vinyl IPO is 3000 shares & the minimum application amount is Rs. 141000.
When is the allotment of Aritas Vinyl IPO?
The allotment date of Aritas Vinyl IPO is 21 Jan 26.
What is the listing date of Aritas Vinyl IPO?
The listing date of Aritas Vinyl IPO is 23 Jan 26.
What is the subscription of Aritas Vinyl IPO?
Aritas Vinyl IPO is subscribed 2.15 times.
What is the price band of Aritas Vinyl IPO?
Aritas Vinyl IPO is priced at ₹40 - ₹47 per share.
How to check allotment status of Aritas Vinyl IPO?
Click the allotment link on Aritas Vinyl IPO page of IPO360.
How to apply Aritas Vinyl IPO in Zerodha?
  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
How to apply Aritas Vinyl IPO in Groww?
  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
How to apply Aritas Vinyl IPO using ASBA?
  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