Atharva Polyplast IPO Logo

Atharva Polyplast IPO
GMP, Subscription, Price, Dates & Financial Details

Plastic Products

Closed BSE SME

Atharva Polyplast is a leading manufacturer of precision plastic components, catering to diverse industries such as furniture, home appliances, automotive, and other industrial sectors. The company specializes in injection moulding and processes a wide range of materials, including Polypropylene…

Open Date

Tue, 30 Jun 2026

Close Date

Thu, 02 Jul 2026

Price Band

₹ 55 – 60

Lot Size

2000

Issue Size

₹ 27.00 Cr

Minimum Investment

₹ 240,000 (4000 Shares)

Grey Market Premium Analysis

Day Wise GMP→

Unofficial premium quoted in the grey market, tracked daily against the price band cap.

18 Jun ₹0 19 Jun ₹0 20 Jun ₹0 21 Jun ₹0 22 Jun ₹10 23 Jun ₹10 24 Jun ₹10 25 Jun ₹9 26 Jun ₹7 27 Jun ₹7

Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.

IPO Details

Atharva Polyplast IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹27.00 Crore, comprising a fresh issue of 42.74 Lakh equity shares aggregating to ₹26.00 Crore.

The Atharva Polyplast IPO remained open for subscription from June 30, 2026, to July 02, 2026. The basis of allotment was finalized on July 03, 2026, and the company's shares were listed on BSE SME Platform on July 07, 2026.

The company had fixed the price band at ₹55 to ₹60 per share, with a lot size of 2000 shares. Retail investors were required to make a minimum investment of ₹240,000 (based on the upper price band) to apply for one lot.

MUFG Intime India Private Limited served as the registrar to the issue. Horizon Management Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.

With the successful completion of the IPO process, Atharva Polyplast Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.

Atharva Polyplast IPO Timeline (Tentative)

IPO Open Date
Tue, 30 Jun 26
IPO Close Date
Thu, 02 Jul 26
Basis of Allotment
Fri, 03 Jul 26
Initiation of Refunds
Mon, 06 Jul 26
Credit of Shares to Demat
Mon, 06 Jul 26
Listing Date
Tue, 07 Jul 26 — NSE & BSE

Open Date

30 June 2026

Close Date

02 July 2026

Basis Of Allotment

03 July 2026

Listing Date

07 July 2026

IPO Subscription

Check Live Subscription →

The Atharva Polyplast IPO has received bids for 3,24,44,000 shares against 30,00,000 shares offered, resulting in an overall subscription of 10.81x. the NII category is subscribed 19.32x, Retail Investors 11.3x, and QIBs 3.58x. Within the NII category, BNII is subscribed 22.97x, while SNII is subscribed 12.02x.

QIB

3.58x

NII

19.32x

BNII

22.97x

SNII

12.02x

RII

11.3x

Total

10.81x

IPO Reservations

The Retail Individual Investor (RII) category has the highest allocation with 15,02,000 shares, representing 50.07% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 8,56,000 shares (28.53%), while Non-Institutional Investors (NIIs) receive 6,42,000 shares (21.4%).

Category Shares Offered Shares Offered %
Qualified Institutions856,00028.53%
Non-Institutional642,00021.4%
BNII428,00014.27%
SNII214,0007.13%
Retail Investors1,502,00050.07%
Total3,000,000100%

Financials Details(₹ in Crores)

Particular 31 Jan 2026 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 42.54 30.88 32.66 32.92
Revenue 43.9 49.06 43.09 46.82
Profit After Tax 4.73 5.29 2 0.71
Net Worth 17.73 13.01 7.72 5.72
Reserve & Surplus 5.38 6.51 1.22 -0.78
Total Borrowings 10.04 7.91 13.59 16.16

Financials Performance

Company Revenue Vs Profit After Tax
44 5 31 Jan 2026 47 1 31 Mar 2023 43 2 31 Mar 2024 49 5 31 Mar 2025 Revenue PAT

Performance Indicators

4.28%

EPS Pre

Earnings per share before the IPO.

14.02

P/E Pre

IPO Offer Price ÷ EPS Pre.

3.37%

EPS Post

Expected earnings per share after the IPO..

17.83x

P/E (Post Issue)

IPO Offer Price ÷ EPS Post.

Atharva Polyplast Limited KPI Information

Particular Jan 2026 Mar 2025 Mar 2024 Mar 2023
ROE % 30.74 51 29.77 13.23
ROCE % 24.92 35.31 18.94 12.58
Debt / Equity 0.57 0 0 0
RoNW % 26.65 40.63 25.91 12.48
Pat Margin % 11.14 11.12 4.82 1.58

Peers Comparison

Company Face Value PE Ratio EPS Basic EPS Diluted RoNW Net Assets
Atharva Polyplast Ltd100.004.284.2840.6310.53
Master Components Ltd1039.1616.2316.2322.0173.73

About Atharva Polyplast Limited

Atharva Polyplast is a leading manufacturer of precision plastic components, catering to diverse industries such as furniture, home appliances, automotive, and other industrial sectors. The company specializes in injection moulding and processes a wide range of materials, including Polypropylene (PP), ABS, HDPE, and various engineering polymers to meet specific customer requirements.

The company partners with OEMs and Tier-1 suppliers across India, offering comprehensive B2B manufacturing solutions and product co-development services. Its capabilities extend from mould design and prototyping to large-scale production, assembly, and stringent quality assurance. Atharva Polyplast also provides value-added assembly services incorporating fasteners, hinges, foam components, and other customer-specified parts.

Atharva Polyplast operates a modern manufacturing facility spread across 2,34,614 sq. ft., including 40,000 sq. ft. of dedicated production space. The facility is equipped with more than 17 advanced injection moulding machines ranging from 100T to 1000T capacity, enabling the company to manufacture components of varying sizes and complexities while serving multiple industries.

Quality is a core focus at Atharva Polyplast. The company maintains an in-house quality control team and follows robust quality management practices to ensure product consistency and reliability. Its management systems are certified to internationally recognized standards, including ISO 9001:2015 (Quality Management System), ISO 14001:2015 (Environmental Management System), and ISO 45001:2018 (Occupational Health and Safety Management System).

Atharva Polyplast IPO Promoters

  1. Anujit Shivaji Darade
  2. Shivaji Kisan Darade 
  3. Ashish Shivaji Darade
Promoters Holding

Holding Pre Issue

100.00%

Holding Post Issue

73.29%

Atharva Polyplast IPO Objective

The Company Atharva Polyplast IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. Funding Capital Expenditure of our Company 
  2. Repayment and/or pre-payment, in full or part, of borrowing availed by our Company 
  3. Funding working capital requirements of the Company 
  4. General Corporate Purposes 

Atharva Polyplast Limited Address / Contact Details

Atharva Polyplast Ltd.
W-163A,
S Block MIDC Bhosari
Pune, Maharashtra, 411026
Phone: +91- 94220-49184
Email: info@atharvapolyplast.in
Website: https://atharvapolyplast.in/

IPO Snapshot

Face Value₹10 per share
Price Band ₹ 55 – 60
Lot Size2000
Issue TypeBook-building IPO
Sale TypeFresh Capital
Fresh Issue₹ 26.00 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 27.00 Cr
Listing AtBSE

Atharva Polyplast IPO Lot Size

The Atharva Polyplast IPO has a lot size of 2,000 shares. Retail investors require a minimum investment of ₹2,40,000 by applying for 2 lot (4,000 shares). The maximum application allowed for the retail category is 2 lots (4,000 shares), requiring an investment of ₹2,40,000.

Application Lots Shares Amount (₹)
Retail (Min)24,000240,000.00
Retail (Max)24,000240,000.00
S-HNI (Min)36,000360,000.00
S-HNI (Max)816,000960,000.00
B-HNI (Min)918,0001,080,000.00

Issue Reservation

  • QIB — 28.53%
  • NII — 21.4%
  • RII — 50.07%

Atharva Polyplast IPO Registrar

MUFG Intime India Private Limited

91-22-4918 6270

investor.helpdesk@in.mpms.mufg.com

https://in.mpms.mufg.com/home.html

Check Allotment Status

Book Running Lead Managers

  • Horizon Management Private Limited

IPO Documents & Links

Explore More IPOs

Disclaimer: This data is for informational purposes only and does not constitute investment advice.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

What is the Atharva Polyplast IPO?

Atharva Polyplast IPO is a Book-building IPO with a total issue size of ₹27 crore. The Atharva Polyplast IPO price band is ₹55 to 60 per share. The Atharva Polyplast IPO subscription opens on Tue, Jun 30, 2026, and closes on Thu, Jul 2, 2026. The Atharva Polyplast IPO will be listed on the BSE. MUFG Intime India Private Limited is the registrar for the Atharva Polyplast IPO.

When will the Atharva Polyplast IPO open for subscription?

The Atharva Polyplast IPO opens on Tue, Jun 30, 2026 and closes on Thu, Jul 2, 2026

What is Atharva Polyplast IPO Price Band?

Atharva Polyplast IPO Price Band is ₹55 to 60 per share.

What is Atharva Polyplast IPO Lot Size?

Atharva Polyplast IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹240000 based on the upper price band

What is the minimum investment for Atharva Polyplast IPO?

The minimum investment for Atharva Polyplast IPO is ₹240000, based on one lot of 2000 shares at the upper price band of ₹60 per share.

How to apply for Atharva Polyplast IPO?

Investors can apply for the Atharva Polyplast IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Jul 2, 2026. The application amount remains blocked until the Atharva Polyplast IPO allotment is finalized.

What is Atharva Polyplast IPO Issue Size?

Atharva Polyplast IPO issue size is ₹27 crores.

What is the Atharva Polyplast IPO Allotment Date?

Atharva Polyplast IPO allotment date is Fri, Jul 3, 2026.

Who is the Atharva Polyplast IPO Registrar?

The registrar for Atharva Polyplast IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Atharva Polyplast IPO allotment status, refund processing, and other IPO-related information.

What is the Atharva Polyplast IPO GMP?

The Atharva Polyplast IPO GMP (Grey Market Premium) is ₹10 as of Tue, Jul 7, 2026. Based on the upper price band of ₹60 per share, the estimated Atharva Polyplast IPO listing price is ₹70, indicating a potential listing gain of approximately 16.67% over the issue price.

Who is the Atharva Polyplast IPO Lead Manager?

The book-running lead managers (BRLMs) for the Atharva Polyplast IPO are Horizon Management Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Atharva Polyplast IPO Red Herring Prospectus (RHP).