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Aritas Vinyl IPO
2.25xsubscribed

Aritas Vinyl IPO

Textile
listed
₹2.40LMin. investment

Aritas Vinyl Limited IPO Details

SectorTextile
Price range₹40.00 – ₹47.00
IPO type
SME
Lot size3000 shares
Issue size₹38Cr
Red Herring Prospectus
Read
Market cap
₹92.54CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹97.67CrLower than sector avg
Growth rate3Y CAGR
38.14%

Aritas Vinyl IPO Subscription Status

Date
QIB
NII
Retail
Total
16-Jan-26
0.0 times (X)
0.8 times (X)
0.26 times (X)
0.47 times (X)
19-Jan-26
5.15X
1.03X
1.78X
1.52X
20-Jan-26
5.15X
1.22X
2.86X
2.25X

As on 16-Jan-26, 5:30 PM

Aritas Vinyl IPO Timeline

  1. Pre-apply
    15 Jan 2026
  2. Bid start
    16 Jan 2026
  3. Bid end
    20 Jan 2026
  4. Allotment
    21 Jan 2026
  5. Release of funds
    22 Jan 2026
  6. Demat transfer
    22 Jan 2026
  7. Listing
    23 Jan 2026

About Aritas Vinyl Limited

Aritas Vinyl Limited is engaged in the manufacturing of technical textiles, such as “Artificial leather” also known as PU synthetic leather and PVC-coated leather, using the latest transfer coating technology. It caters to distributors, wholesalers, and manufacturers in domestic markets and exports to countries such as Greece, Oman, the UAE, Sri Lanka, and the USA, including SEZ units. The products are used in automotive, footwear, furniture and upholstery, fashion accessories, stationery, healthcare, and marine applications. The company’s manufacturing facility is located in Kubadthal, Ahmedabad and has a production capacity of about 78 lakhs meters per year and includes an in-house testing laboratory. In India, Gujarat had the highest sales, making up 30.10% of revenue, followed by Maharashtra at 13.25%. Exports are led by the UAE, contributing 10.65%, and the USA at 5.21% as of August 2025.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
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Objectives of Aritas Vinyl Limited IPO

Working capital
61.97%
The company will utilise ₹20.45 crore towards the working capital requirements
General corporate purposes
25.12%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
Capital expenditure
12.91%
The company will utilise ₹4.25 crore for the solar power project.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹97.67Cr38.14%₹4.13Cr₹92.54Cr3.581.80
This sector (avg.)₹454.61Cr0%₹6.27Cr₹1,147.5Cr44.260.81
₹4,934.91Cr---₹729.14Cr₹36,802.21Cr48.160.19
₹6,387.88Cr---₹815.11Cr₹29,722.44Cr35.480.09
₹4,937.87Cr---₹874.41Cr₹13,216.91Cr22.420.40

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Aritas Vinyl IPO Contact Details

Company NameAritas Vinyl Limited

How to apply for Aritas Vinyl IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Aritas Vinyl Limited IPO FAQs