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AV

Aritas Vinyl

Listed SME BSE SME · Leather And Leather Products

Price Band

₹40.0–47.0

Issue Size

₹37.52 Cr

Lot Size

3,000 shares

Min Investment

₹282,000

GMP

+₹0.0 (0.0%)

Issue Price

₹47.0

calendar_month Important Dates

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IPO Open Date
Fri, 16 Jan 2026
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IPO Close Date
Tue, 20 Jan 2026
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Allotment Date
Wed, 21 Jan 2026
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Refund Initiation
Thu, 22 Jan 2026
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Credit of Shares
Thu, 22 Jan 2026
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Listing Date
Fri, 23 Jan 2026
Listing Price
₹47.0 +0.0%

bar_chart Subscription Status

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Subscription data unavailable

trending_up Grey Market Premium (GMP)

GMP

₹0.0

GMP %

0.0%

Est. Listing

₹47.0

schedule Updated: 14 Jul 2026 15:52

business About the Company

Incorporated in 2020, Aritas Vinyl 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, manufacturers, and exports to countries like Greece, Oman, UAE, Sri Lanka, USA, and SEZs, promoting synthetic leather over traditional animal leather. The manufacturing facility is located at Kubadthal, Ahmedabad spans 6,067 sq. meters, with a 7.8 million square meters annual capacity, efficiently catering to diverse client requirements. Products: Automotive Upholstery: Polyethylene leather and PVC vinyl for seats, door trims, steering wheel covers, and more. Fashion Accessories: Artificial leather materials for bags, wallets, laptop sleeves, and purses, available in various colors and textures. Interior Design: PVC vinyl solutions for wall coverings and upholstery, catering to both residential and commercial spaces. Competitve Strengths: Quality & Customization. Experienced Promoters with sound market knowledge. Fully integrated manufacturing plant set up at a strategic location. Enhanced production capacity within a span of three years. Long-standing relationship with our customers from diverse industry.

payments Company Financials (₹ Cr)

As of 2025-08-31

Period Ended 31 Aug 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 98.25 95.26 76.12 57.95
Total Income 40.58 98.02 69.25 51.42
Profit After Tax 2.42 4.13 1.67 0.99
EBITDA 4.55 8.63 4.65 3.09
NET Worth 22.77 20.27 5.99 4.32
Reserves and Surplus 10.21 7.79 3.49 1.82
Total Borrowing 37.78 36.82 52.79 33.10

Key Ratios

EPS

₹3.26

NAV

₹15.97

ROE

31.23%

ROCE

21.99%

RoNW

20.36%

P/B Value

2.94

P/E Ratio

14.43

Market Cap

₹92.54 Cr

PAT Margin

4.23%

Debt/Equity

1.80

Promoters

Anilkumar Prakashchandra Agrawal, Sanjaykumar Kantilal Patel, Ankit Anilbhai Agrawal, Mohit Ashokkumar Agrawal, Rohit Dineshbhai Agrawal, Rutvik Patel and Shubham Sunilbhai Agrawal

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Capital Expenditure for Solar Power Project 4.26 2 Working Capital 20.45 3 General Corporate Purposes 4.65 4 Issue Expenses 3.54 Total 32.89

info Issue Details

Issue Type SME Book Built
Issue Size ₹37.52 Cr
Price Band ₹40.0 – ₹47.0
Issue Price ₹47.0
Lot Size 3,000 shares
Min Investment ₹282,000
Exchange BSE SME
Sector Leather And Leather Products
Open Date 16 Jan 2026
Close Date 20 Jan 2026
Allotment 21 Jan 2026
Listing Date 23 Jan 2026

pie_chart Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

domain Bigshare Services Pvt.Ltd.

Lead Managers / Book Running

account_balance Interactive Financial Services Ltd.

timeline IPO Timeline

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Open

16 Jan 2026

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Close

20 Jan 2026

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Allotment

21 Jan 2026

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Listing

23 Jan 2026

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