Aritas Vinyl IPO Details
The key details of Aritas Vinyl’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹32.89 Cr |
| Price Range | ₹40 - ₹47 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 6,000 |
| Investment (cut-off price) | ₹2,82,000 |
| Pre IPO Promotor Holding | 47.22% |
| Post IPO Promotor Holding | 27.99% |
| DHRP Draft | View Status |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Aritas Vinyl IPO Timelines
The IPO process for Aritas Vinyl includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
16/01/2026
Start Date20/01/2026
End Date22/01/2026
Refund Initiation22/01/2026
Credit of Shares to Demat Ac23/01/2026
Listing DateAritas Vinyl IPO Lot Size
The Aritas Vinyl IPO has a fixed lot size of 3,000 shares, at an upper price band of ₹47 per share. For retail investors, the minimum and maximum application is 6,000 shares (2 lots) amounting to ₹2,82,000. For Small HNI (S-HNI) investors, the minimum application is 9,000 shares (3 lots) worth ₹4,23,000, while the maximum is 21,000 shares (7 lots) amounting to ₹9,87,000. Big HNI (B-HNI) investors need to apply for at least 24,000 shares (8 lots), totaling ₹11,28,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 6000 | ₹2,82,000 |
| Retail Maximum | 2 | 6000 | ₹2,82,000 |
| S-HNI Minimum | 3 | 9000 | ₹4,23,000 |
| S-HNI Maximum | 7 | 21000 | ₹9,87,000 |
| B-HNI Minimum | 8 | 24000 | ₹11,28,000 |
Aritas Vinyl IPO Subscription Status
The subscription status for Aritas Vinyl IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 1.00x | 1.24x | 2.88x | -- | 2.21x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Aritas Vinyl IPO Company Financials
Aritas Vinyl reports robust performance in FY2025 with Total Income of ₹98.02 crores, managing expenses at ₹92.96 crores, and achieving a strong PAT (Profit After Tax) of ₹4.13 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹51.42 | ₹50.20 | ₹0.99 |
| FY 2024 | ₹69.25 | ₹67.22 | ₹1.67 |
| FY 2025 | ₹98.02 | ₹92.96 | ₹4.13 |
| FY 2026 (5 M) | ₹40.58 | ₹37.60 | ₹2.42 |
About Company
Aritas Vinyl Limited, incorporated in 2020, operates in the manufacturing and trading of technical textiles with a focus on artificial leather, PU synthetic leather, and PVC vinyl produced using advanced transfer coating technology. The product range supports industries such as automotive, fashion, and interior design, while promoting synthetic leather as a sustainable alternative to animal leather. Supply networks include distributors, wholesalers, manufacturers, and export markets such as Greece, Oman, UAE, Sri Lanka, USA, and SEZ regions.
The manufacturing facility at Kubadthal, Ahmedabad covers 6,067 square meters and supports an annual production capacity of 7.8 million square meters, enabling efficient fulfillment of varied customer requirements. Product offerings include automotive upholstery materials for seating and interior components, artificial leather for fashion accessories such as bags and wallets, and PVC vinyl solutions for wall coverings and upholstery in residential and commercial spaces.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2020 | Textile | Anilkumar P Agrawal |
Know Before Investing
Aritas Vinyl IPO Strengths
- Aritas Vinyl produces synthetic PVC leather (artificial leather) used in footwear, bags, furniture upholstery, automotive interiors, and other applications, benefiting from established production processes and material knowledge.
- Planned investment in solar energy generation reduces long-term electricity costs and aligns with green manufacturing trends, improving margins and ESG profile.
- Focus on PVC leather positions the company to serve growing demand from footwear, luggage, and upholstery sectors amid rising organised retail and branded consumption.
- Combination of fresh capital (87%) and promoter OFS (13%) balances growth funding with liquidity for existing shareholders while maintaining promoter commitment.
Aritas Vinyl IPO Risks
- Synthetic leather faces intense price competition and limited differentiation, exposing margins to raw material volatility and customer bargaining power.
- Significant allocation for working capital reflects high inventory and receivables needs typical in materials manufacturing, straining cash flows during slowdowns.
- PVC resin, plasticisers, and chemicals expose profitability to petrochemical price swings without guaranteed pass-through to price-sensitive customers.
- Footwear, luggage, and upholstery demand ties to consumer discretionary spending, vulnerable to economic slowdowns and seasonal patterns
- PVC production faces plastic waste regulations, pollution norms, and potential shift to eco‑friendly alternatives that could impact demand over time.
Swot Analysis for Aritas Vinyl IPO
Strengths
Custom Synthetic Leather Manufacturing, Wide Application Portfolio, High Customisation Capability
Weaknesses
Limited Manufacturing History, Flammable Raw Material Risk, Regulatory Scrutiny Potential
Opportunities
Automotive Interior Growth, Healthcare & Hospitality Uptick, Fashion & Accessories Expansion
Threats
Raw Material Price Volatility, Regulatory & Environmental Norms, Genuine Leather Substitution
Company Details
Aritas Vinyl Ltd.
Survey No. 1134, Near Elegant Vinyl Private Limited, Daskroi, Ahmedabad, Gujarat, 382430
Phone: 9998852850
Email: info@aritasvinyl.com
Website: https://www.aritasvinyl.com/
IPO Registar Details
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
FAQs
The key objectives of Aritas Vinyl SME IPO are:
- Capital Expenditure for Solar Power Project
- Working Capital
- General corporate purposes
Interactive Financial Services Ltd. is the book-running lead managers for the Aritas Vinyl IPO.
Aritas Vinyl’s growth potential is supported by rising demand for synthetic leather from automotive, footwear, and lifestyle segments. Annual capacity of 1.2 million linear meters, customization strength, and solar driven cost efficiency position the company to expand volumes, improve margins, and gain share in organized markets.
The issue price for the Aritas Vinyl IPO is set between ₹40 to ₹47 per share.
To invest in two lot of Aritas Vinyl IPO, you need ₹2,40,000 at the lower price band (₹40 per share) or ₹2,82,000 at the upper price band (₹47 per share) for a lot size of 6,000 shares.
Aritas Vinyl IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on January 23, 2025.
Refund/unblocking of funds for Aritas Vinyl IPO will begin on January 22, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Aritas Vinyl IPO shares on listing day (January 23, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.