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Antala Industries IPO
Price Band
₹63.0–67.0
Issue Size
₹23.33 Cr
Lot Size
2,000 shares
Min Investment
₹268,000
2 LOTS MIN
GMP
—
Issue Price
₹67.0
Antala Industries IPO AI Summary
- Antala Industries IPO is upcoming on BSE SME in the Packaging sector.
- Price band: ₹63.0–₹67.0 per share, lot size 2,000 shares (min. investment ₹268,000, 2 lots minimum).
- Subscription window: 29 Oct–02 Nov 2026, listing on 05 Nov 2026.
Antala Industries Limited is set to launch its IPO with a price band of ₹63.0 to ₹67.0. The company has shown significant growth in revenue and profit over the past three years, supported by an experienced management team and a robust manufacturing setup. Investors should consider their risk appetite and the company's fundamentals before participating.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Important Dates
Subscription Status
IPO not open yet
Opens 29 Oct 2026 · in 3 days
Antala Industries IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
TopFund Score — Listing Data Indicator
GMP is 0.0% above issue price
Subscription not open yet
No anchor allocation for this IPO
Similar IPOs (same sector & type) averaged 29.7% listing gain
A rules-based composite of GMP, subscription demand, anchor participation and comparable-IPO history — each weighted as shown above. Not a statistically validated probability, a guarantee of listing performance, or personalized investment advice.
Limitations: weights are fixed by TopFund, not backtested against outcomes; the "Historical Similar-IPO Performance" factor needs at least 3 comparable past listings and falls back to a broader, less specific cohort when this sector/type doesn't have enough; GMP and subscription data can change daily right up to listing day, so scores shown may already be stale — check the "as of" date above.
About the Company
Incorporated in August 2024, Antala Industries Limited is engaged in the manufacturing, processing, printing, laminating and supply of industrial and commercial packaging products. The Company specializes in BOPP bags, BOPP printing rolls, BOPP lamination rolls, PP woven bags and PP woven lamination rolls, serving customers across industries such as food processing, fertilizers, chemicals, cement and seeds. The Company operates an integrated manufacturing facility in Rajkot, Gujarat, with capabilities including extrusion, coating and lamination, rotogravure printing, stitching and finishing. The Company provides customized packaging solutions focused on strength, durability, moisture resistance, high-quality printability and enhanced product visibility. Its integrated manufacturing setup enables in-house processing from printing and lamination to cutting, stitching, finishing and packaging, supporting quality control, production efficiency and timely delivery. The Company holds ISO 9001:2015, ISO 14001:2015, ISO 22000:2018 and ISO 45001:2018 certifications and is backed by promoters with nearly three decades of experience in the packaging industry. As of July 21, 2026, the Company had 11 employees across accounts and finance, management, administration, sales, secretarial and production functions. Its key strengths include experienced promoters and management, a diversified and customizable product portfolio, presence across multiple end-user industries, customer-focused manufacturing and delivery capabilities, and established supplier and customer relationships. Strengths : Experienced promoters and management team with extensive packaging industry expertise. Diversified product portfolio with customization capabilities. Presence across multiple end-user industries. Integrated manufacturing capabilities supporting operational efficiency. Customer-focused manufacturing and delivery process. Established supplier and customer relationships.
Company Financials (₹ Cr)
As of 2026-09-30
| Period Ended | 30 Sep 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 34.88 | 28.41 | 25.47 | 5.97 |
| Total Income | 30.20 | 47.53 | 31.98 | 12.59 |
| Profit After Tax | 4.19 | 4.24 | 1.82 | 0.89 |
| EBITDA | 5.76 | 6.15 | 2.82 | 1.36 |
| NET Worth | 22.17 | 17.03 | 12.19 | 3.54 |
| Reserves and Surplus | 13.49 | 8.79 | 3.02 | |
| Total Borrowing | 1.75 | 4.19 | 3.85 | 0.36 |
Key Ratios
EPS
₹4.88
NAV
₹20.67
ROE
33.26%
ROCE
42.23%
RoNW
24.88%
P/B Value
3.24
P/E Ratio
6.94
Market Cap
₹81.45 Cr
PAT Margin
8.94%
Debt/Equity
0.25
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic |
|---|---|---|---|---|
| Dhaval Packaging Ltd | 30.78 | 31.58% | 18.5 | 8.08 |
| Knack Packaging Ltd | 30.48 | 34.41% | 24.62 | 8.94 |
| Antala Industries Ltd. This IPO | 20.67 | 24.88% | — | 7.4 |
Promoters
Rajeshkumar Chandulal Antala, Lataben Rajeshbhai Antala, Pankajkumar Chandulal Antala, Hetalben Pankajkumar Antala, Nevil Pankajbhai Antala, Aaryan Rajesh Antala, Shaily Rajeshkumar Antala
Objects of the Issue
# | Issue Objects | Est Amt (₹ Cr.) 1 | To meet Working Capital Requirements | 10.68 2 | To meet the requirements of Capital Expenditure towards Purchase of Machinery | 5.89 3 | General Corporate Purposes | | Total | 16.57
IPO Evaluation
Generated 24 Oct 2026Revenue Trend
Total income was ₹12.59 Cr in the period ending 31 Mar 2024, increasing to ₹31.98 Cr by 31 Mar 2025, and further rising to ₹47.53 Cr by 31 Mar 2026. This reflects a consistent upward trend in revenue over the three periods.
Profit Trend
Profit after tax was ₹0.89 Cr for the period ending 31 Mar 2024, which rose to ₹1.82 Cr by 31 Mar 2025, and further increased to ₹4.24 Cr by 31 Mar 2026. This indicates a strong growth in profitability over the reported periods.
Valuation
Priced at a P/E ratio of 13.73 at the issue price, this IPO's implied P/E is lower compared to peers like Dhaval Packaging Ltd, which trades at 18.5, and Knack Packaging Ltd at 24.62.
Grey Market Premium, Explained
The grey market refers to the unofficial trading of shares before they are listed on the stock exchange. It provides insights into the potential demand for an IPO, as the price in the grey market can indicate investor sentiment.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their risk tolerance and investment goals. It's essential to consider the company's fundamentals and market conditions before making a decision.
Who May Want to Wait
Those who prefer stable, established companies with predictable earnings may want to avoid this IPO, as newer companies can present higher risks and volatility.
IPO Timeline, Explained
The IPO opens for subscription on October 29, 2026, and closes on November 2, 2026. Allotment of shares will be done on November 3, 2026, with the listing date set for November 5, 2026.
Listing Gains — The Risk
Listing-day gains can be unpredictable and depend on various factors, including market conditions and investor sentiment. While some IPOs may see a surge in price on their debut, others may not perform as expected, leading to potential losses.
This evaluation is generated from Antala Industries's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is the price band of Antala Industries IPO?
The price band of Antala Industries IPO is ₹63.0–₹67.0 per share.
When does Antala Industries IPO open and close?
Antala Industries IPO opens on 29 October 2026 and closes on 02 November 2026.
When does Antala Industries IPO list on the stock exchange?
Antala Industries IPO is scheduled to list on 05 November 2026, with an estimated listing price of ₹67.0 based on current GMP.
What is the lot size for Antala Industries IPO?
The lot size for Antala Industries IPO is 2000 shares, requiring a minimum investment of ₹268,000 (2 lots).
What is the TopFund Listing Data Indicator for Antala Industries?
Antala Industries's Listing Data Indicator score is 42/100 (Moderate signal), a weighted composite of GMP strength, subscription demand, anchor investor interest and how similar past IPOs performed on listing. It's a rules-based summary of public market data, not a statistically validated probability, a guarantee, or personalized investment advice.
What is the lot size for the Antala Industries IPO?
The lot size for the Antala Industries IPO is 2000 shares.
What is the minimum investment required?
The minimum investment required is ₹268,000.
What is the price band for the IPO?
The price band for the IPO is ₹63.0 to ₹67.0.
When is the listing date for the IPO?
The listing date for the IPO is November 5, 2026.
What does GMP stand for?
GMP stands for Grey Market Premium, which indicates the premium at which shares are traded in the grey market before listing.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
29 Oct 2026
Close
02 Nov 2026
Allotment
03 Nov 2026
Listing
05 Nov 2026
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