Aritas Vinyl IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 40 – 47
Lot Size
3000
Issue Size
₹38 Cr
Minimum Investment
₹282000 (6000 Shares)
Listing Date
23 January 2026
Subscription
2.27x
About the Company
Aritas Vinyl Private Limited, incorporated in 2020, is engaged in the manufacturing and trading of technical textiles, specializing in artificial leather, also known as PU synthetic leather and PVC-coated leather. The company employs advanced Transfer Coating Technology to ensure consistent quality, durability, and superior finish across its product range.
The company manufactures artificial leather, PVC vinyl, and allied products, catering to a wide range of industries including automotive, fashion, and interior design. Aritas Vinyl supplies its products to distributors, wholesalers, and manufacturers, while also serving international markets through exports to Greece, Oman, the UAE, Sri Lanka, the USA, and Special Economic Zones (SEZs). The company actively promotes sustainable alternatives by encouraging the use of synthetic leather in place of traditional animal leather.
Aritas Vinyl operates a modern manufacturing facility located at Kubadthal, Ahmedabad, spread over an area of 6,067 square meters. The plant has an installed annual production capacity of approximately 7.8 million square meters, enabling the company to efficiently meet diverse customer requirements across domestic and international markets.
Product Portfolio
Automotive Upholstery
Polyurethane (PU) leather and PVC vinyl used for automotive seats, door trims, steering wheel covers, and other interior components.
Fashion Accessories
High-quality artificial leather materials suitable for bags, wallets, laptop sleeves, purses, and other fashion products, available in a wide range of colors, textures, and finishes.
Interior Design
PVC vinyl solutions designed for wall coverings and upholstery applications, catering to both residential and commercial interior spaces.
Promoters
- Mr. Anilkumar Prakashchandra Agrawal
- Mr. Sanjaykumar Kantilal Patel
- Mr. Ankit Anilbhai Agrawal
- Mr. Mohit Ashokkumar Agrawal
- Mr. Rohit Dineshbhai Agrawal
- Mr. Rutvik Patel
- Mr. Shubham Sunilbhai Agrawal
Promoters Holding
Holding Pre Issue
47.22%
Holding Post Issue
27.99%
Objects of the Issue
The Company Aritas Vinyl IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Capital Expenditure for Solar Power Project
- Working Capital
- General corporate purposes
Address / Contact Info
Aritas Vinyl Ltd.
Survey No. 1134,
Near Elegant Vinyl Private Limited,
Daskroi,Ahmedabad, Gujarat, 382430
Phone: 9998852850
Email: info@aritasvinyl.com
Website: http://www.aritasvinyl.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Friday, 16 January 2026
IPO Close Date
Tuesday, 20 January 2026
Basis of Allotment
Wednesday, 21 January 2026
Initiation of Refunds
Thursday, 22 January 2026
Credit of Shares to Demat
Thursday, 22 January 2026
Listing Date
Friday, 23 January 2026 — NSE & BSE
Important Dates
Open Date
16 January 2026
Close Date
20 January 2026
Basis Of Allotment
21 January 2026
Listing Date
23 January 2026
Financial Performance (₹ in Crores)
| Particular | 31 Aug 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 98.25 | 95.26 | 76.12 | 57.95 |
| Revenue | 40.58 | 98.02 | 69.25 | 51.42 |
| Profit After Tax | 2.42 | 4.13 | 1.67 | 0.99 |
| Net Worth | 22.77 | 20.27 | 5.99 | 4.32 |
| Reserve & Surplus | 10.21 | 7.79 | 3.49 | 1.82 |
| Total Borrowings | 37.78 | 36.82 | 52.79 | 33.1 |
EPS Pre
3.26%
EPS Post
2.95%
P/E Pre
14.43
P/E (Post Issue)
15.93x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Aug 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| ROE % | 11.16 | 31.23 | 32.31 | 26.02 |
| ROCE % | 11.14 | 21.99 | 6.6 | 6.46 |
| Debt / Equity | 1.65 | 1.8 | 8.82 | 7.66 |
| RoNW % | 25.51 | 20.36 | 29.89 | 26.91 |
| PbW | 0 | 0 | 0 | 0 |
| Pat Margin % | 5.97 | 4.23 | 2.42 | 1.94 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 78000 | 1.03 | 0 |
| Non-Institutional | 2991000 | 39.45 | 0 |
| BNII | 1995000 | 26.32 | 0 |
| SNII | 996000 | 13.14 | 0 |
| Retail Investors | 4512000 | 59.52 | 0 |
| Total | 7581000 | 100 | 0 |
Subscription Status ( Tue, 20 Jan 26 01:57 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 78000 | 78000 | 1x |
| Non-Institutional | 2991000 | 4104000 | 1.37x |
| Retail Investors | 4512000 | 12990000 | 2.88x |
| Total | 7581000 | 17172000 | 2.27x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Aritas Vinly Limited | 10 | 0.00 | 13.14 | 13.14 | 13.14 | 15.97 |
| Mirza International Ltd | 2 | 39.71 | 0.93 | 0.93 | -0.86 | 33.56 |
| Amin Tannery Ltd | 1 | 58.67 | 0.03 | 0.03 | 2.27 | 1.19 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 6,000 | 282,000.00 |
| Retail (Max) | 2 | 6,000 | 282,000.00 |
| S-HNI (Min) | 3 | 9,000 | 423,000.00 |
| S-HNI (Max) | 7 | 21,000 | 987,000.00 |
| B-HNI (Min) | 8 | 24,000 | 1,128,000.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Interactive Financial Services Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Aritas Vinyl IPO is a Book-building IPO worth ₹38 crores. The price band is ₹40 to 47 per share. The IPO opens on Fri, Jan 16, 2026 and closes on Tue, Jan 20, 2026. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Aritas Vinyl IPO opens on Fri, Jan 16, 2026 and closes on Tue, Jan 20, 2026
Aritas Vinyl IPO Price Band is ₹40 to 47.
Aritas Vinyl IPO lot size is 3000, and the minimum amount required for application is ₹282000.
The minimum investment for Aritas Vinyl IPO is approximately ₹282000 based on the upper price band.
To apply for the Aritas Vinyl IPO , investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Jan 20, 2026. After submission, funds are blocked until the basis of allotment of Aritas Vinyl IPO is finalised.
Aritas Vinyl IPO issue size is ₹38 crores.
Aritas Vinyl IPO allotment date is Sat, Jun 27, 2026.
The registrar for Aritas Vinyl IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Aritas Vinyl IPO through their official website or helpline.