Aritas Vinyl IPO
Aritas Vinyl IPO
Overview
Aritas Vinyl IPO is a book build issue of ₹37.52 crores. The issue is a combination of fresh issue of 0.70 crore shares aggregating to ₹32.89 crores and offer for sale of 0.10 crore shares aggregating to ₹4.63 crores. Aritas Vinyl IPO opens for subscription on Jan 16, 2026 and closes on Jan 20, 2026. The allotment for the Aritas Vinyl IPO is expected to be finalized on Jan 21, 2026. Aritas Vinyl IPO will list on BSE SME with a tentative listing date fixed as Jan 23, 2026. Aritas Vinyl IPO price band is set at ₹40 to ₹47 per share. The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹2,82,000 (6,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (9,000 shares), amounting to ₹4,23,000. Interactive Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Giriraj Stock Broking Pvt.Ltd..
Total Shares
79,83,000
Issue Size
₹38 Cr
Price Band
₹40 – ₹47
Lot Size
3000 shares
Min. Investment
₹2,82,000
Max. Investment
₹2,82,000
Open Date
16 Jan, 2026
Close Date
20 Jan, 2026
Allotment
21 Jan, 2026
Listing
23 Jan, 2026
Max. Investment
₹2,82,000
Announced
16 Jan, 2026
Opening Date
16 Jan, 2026
Closing Date
20 Jan, 2026
Basis of Allotment
21 Jan, 2026
Initiation of Refunds
22 Jan, 2026
Credit of Shares
22 Jan, 2026
Listing Date
23 Jan, 2026
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About Aritas Vinyl IPO
Incorporated in 2020, Aritas Vinyl Private Limited is engaged in the manufacturing and trading of technical textile, such as Artificial leather also known as PU Synthetic leather and PVC-coated leather, using the latest technology known as Transfer Coating Technology.
The company produces artificial leather, PVC vinyl, and related products, serving various industries such as automotive, fashion, and interior design.
The company supplies products to distributors, wholesalers, manuf
Aritas Vinyl IPO Share Price
Issue Breakdown
Shareholding
Dilution: 55.2% increase in shares
Aritas Vinyl IPO Financial Health
Aritas Vinyl IPO Lot Size
Investors can bid for a minimum of 6,000 shares and in multiples of 3,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 6000 | ₹2,82,000 |
| Individual investors (Retail) (Max) | 2 | 6000 | ₹2,82,000 |
| S-HNI (Min) | 3 | 9000 | ₹4,23,000 |
| S-HNI (Max) | 7 | 21000 | ₹9,87,000 |
| B-HNI (Min) | 8 | 24000 | ₹11,28,000 |
(All values in CR)
Aritas Vinyl IPO Valuations
| Metric | Value |
|---|---|
| ROE | 31.23% |
| ROCE | 21.99% |
| Debt/Equity | 1.80 |
| RoNW | 20.36% |
| PAT Margin | 4.23% |
| EBITDA Margin | 8.81% |
| Price to Book Value | 2.94 |
(All values in CR)
Aritas Vinyl IPO Strength & Risk
Aritas Vinyl IPO – Strengths
Manufactures artificial leather and PVC vinyl products with focus on quality and customisation
Experienced promoters with strong understanding of the industry
Integrated manufacturing facility supporting better control over operations
Improved production capacity supporting future growth
Established relationships with customers across multiple end-use industries
Scope for operational efficiency and cost optimisation
Opportunities for product innovation and expansion into new markets
Aritas Vinyl IPO – Risks
Smaller scale of operations compared to established industry players
Business performance depends on consistent demand from end-user industries
Exposure to raw material price fluctuations impacting margins
Manufacturing operations subject to regulatory and compliance requirements
Operational risks such as plant disruptions and safety issues
Competitive market with presence of organised and unorganised players
Any delay in expansion or project execution may affect growth plans
Aritas Vinyl IPO Subscriptions Status
Aritas Vinyl IPO subscribed 2.01 times. The public issue subscribed 2.55 times in the individual investors category, 1.00 times in QIB (Ex Anchor), and 1.21 times in the NII category by January 20, 2026 1:49:54 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Market Maker | 1.00 | 4,02,000 | 4,02,000 | 1.889 |
| QIB (Ex Anchor) | 1.00 | 78,000 | 78,000 | 0.367 |
| NII | 1.21 | 29,91,000 | 36,33,000 | 17.075 |
| bNII (> ₹10L) | 1.28 | 19,95,000 | 25,59,000 | 12.027 |
| sNII (< ₹10L) | 1.08 | 9,96,000 | 10,74,000 | 5.048 |
| Individual Investors | 2.55 | 45,12,000 | 1,15,20,000 | 54.144 |
| Total | 2.01 | 75,81,000 | 1,52,31,000 | 71.586 |
Aritas Vinyl IPO GMP
Aritas Vinyl SME IPO last GMP is ₹0, last updated Jan 20th 2026 01:31 PM. With the price band of 47.00, Aritas Vinyl SME IPO's estimated listing price is ₹47 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.The lowest GMP is ₹0.00, while the highest GMP is ₹9.00.
Last updated 20 Jan, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 20 Jan, 2026 | 47 | ₹0 | - | ₹47 (0.00%) | - | 20 Jan, 2026 |
| 19 Jan, 2026 | 47 | ₹0▼ | - | ₹47 (0.00%) | - | 19 Jan, 2026 |
| 18 Jan, 2026 | 47 | ₹9 | 20500 | ₹56 (19.15%) | 27000 | 18 Jan, 2026 |
| 17 Jan, 2026 | 47 | ₹9 | 20500 | ₹56 (19.15%) | 27000 | 17 Jan, 2026 |
| 16 Jan, 2026 | 47 | ₹9▲ | 20500 | ₹56 (19.15%) | 27000 | 16 Jan, 2026 |
| 15 Jan, 2026 | 47 | ₹0 | - | ₹47 (0.00%) | - | 15 Jan, 2026 |
| 14 Jan, 2026 | 47 | ₹0 | - | ₹47 (0.00%) | - | 14 Jan, 2026 |
| 13 Jan, 2026 | 47 | ₹0 | - | ₹47 (0.00%) | - | 13 Jan, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Aritas Vinyl IPO
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Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find Aritas Vinyl IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.