Aritas Vinyl Limited Link 
Allotment
Aritas Vinyl IPO is a book-built issue worth ₹37.52 crore. The issue comprises a fresh issue of 0.70 crore shares amounting to ₹32.89 crore and an offer for sale of 0.10 crore shares aggregating to ₹4.63 crore.
The IPO will open for subscription on January 16, 2026, and close on January 20, 2026. The allotment is expected to be finalised on January 21, 2026, and the shares are proposed to be listed on the BSE SME platform with a tentative listing date of January 23, 2026.
The price band for the IPO is fixed at ₹40 to ₹47 per share. The application lot size is 3,000 shares. Retail investors are required to apply for a minimum of 2 lots, i.e., 6,000 shares, involving an investment of ₹2,82,000 at the upper price band. For HNI investors, the minimum application size is 3 lots or 9,000 shares, amounting to ₹4,23,000.
Interactive Financial Services Ltd. is the book-running lead manager to the issue, while Bigshare Services Pvt. Ltd. is the registrar. Giriraj Stock Broking Pvt. Ltd. is acting as the market maker for the IPO.
₹47
0%
Open
₹47
HIgh - Low
₹47
Previous Close
₹47
Total Traded Value
0
52 Weeks High
₹47
52 Weeks Low
₹47
Updates On
Jan 10, 2026
IPO. Open
Jan 16, 2026
IPO. Close
Jan 20, 2026
IPO. Price
₹47.00
IPO Market price
₹92.54 Cr
IPO Details
| IPO Date | 23 Jan |
| IPO Listing Date | 23 Jan |
| IPO Face Value | ₹10.00 per share |
| IPO Price Range | ₹47.00 |
| IPO Issue Size | 79,83,000 shares |
| IPO Sale Type | Fresh Capital & OFS |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE SME Platform |
| Share Holding Pre Issue | 1,26,90,080 shares |
IPO Timeline
| IPO Open Date | 16 Jan |
| IPO Close Date | 20 Jan |
| IPO Allotment (Tentative) | 21 Jan |
| Refunds | 22 Jan |
| Credit to Demat Account | 22 Jan |
| IPO Listing Date | 23 Jan |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | 78,000 |
| NII (HNI) Shares Offered | 29,91,000 |
| Retail Shares Offered | 45,12,000 |
IPO Lot Size
Investors can apply for a minimum of 6,000 shares and thereafter in multiples of 3,000 shares.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 6,000 | ₹2,82,000 |
| Retail (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 |
Incorporated in 2020, Aritas Vinyl Limited is engaged in the manufacturing and trading of technical textiles, primarily artificial leather, also known as PU synthetic leather and PVC-coated leather. The company uses advanced Transfer Coating Technology to produce its products.
Aritas Vinyl manufactures artificial leather, PVC vinyl, and related products that cater to a wide range of industries including automotive, fashion, and interior design. The company supplies its products to distributors, wholesalers, and manufacturers, and also exports to countries such as Greece, Oman, UAE, Sri Lanka, and the USA, along with supplies to SEZs. It actively promotes synthetic leather as an alternative to traditional animal leather.
The manufacturing facility is located at Kubadthal, Ahmedabad, and spans 6,067 square meters. The plant has an annual production capacity of approximately 7.8 million square meters, enabling the company to efficiently meet diverse customer requirements.
Products
Automotive Upholstery: Polyethylene leather and PVC vinyl used for seats, door trims, steering wheel covers, and other automotive applications.
Fashion Accessories: Artificial leather materials used for bags, wallets, laptop sleeves, and purses, available in a wide range of colors and textures.
Interior Design: PVC vinyl solutions for wall coverings and upholstery for both residential and commercial spaces.
Competitive Strengths
Strong focus on product quality and customization.
Experienced promoters with deep market knowledge.
Fully integrated manufacturing facility located at a strategic location.
Significant enhancement of production capacity within three years of incorporation.
Long-standing relationships with customers across diverse industries.
Company Financials (Consolidated)
| Assets | 98.25 | 95.26 | 76.12 |
| Total Income | 40.58 | 98.02 | 69.25 |
| Profit After Tax | 2.42 | 4.13 | 1.67 |
| EBITDA | 4.55 | 8.63 | 4.65 |
| NET Worth | 22.77 | 20.27 | 5.99 |
| Reserves and Surplus | 10.21 | 7.79 | 3.49 |
| Total Borrowing | 37.78 | 36.82 | 52.79 |
Key Performance Indicator (KPI)
| ROE | 11.16% |
| ROCE | 11.14% |
| Debt/Equity | 1.65 |
| RoNW | 25.51% |
| PAT Margin | 5.97 |
| EBITDA Margin | 11.2 |
| Price to Book Value | 2.62 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | 4.26 |
| 2 | To meet out the expenses of Working Capital Requirement | 20.45 |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Contact Details
Aritas Vinyl Ltd. Address
Survey No. 1134,
Near Elegant Vinyl Private Limited,
Daskroi,
Ahmedabad, Gujarat, 382430
9998852850
info@aritasvinyl.com
http://www.aritasvinyl.com/
Detail Registrar
IPO Registrar
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Aritas Vinyl IPO is a ₹37.52 crore book-built issue, consisting of a fresh issue of 0.70 crore shares and an offer for sale of 0.10 crore shares.
The IPO will open for subscription on January 16, 2026, and close on January 20, 2026, with allotment expected on January 21, 2026.
The price band is fixed at ₹40 to ₹47 per share. Retail investors must apply for at least 6,000 shares, requiring a minimum investment of ₹2,82,000.
The shares of Aritas Vinyl Limited are proposed to be listed on the BSE SME platform, with a tentative listing date scheduled for January 23, 2026.
Aritas Vinyl Limited manufactures and trades artificial leather products using advanced transfer coating technology, serving automotive, fashion, interior design industries, and exporting to multiple international markets.
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