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Atharva Polyplast IPO

Atharva Poly-Plast, established in 2015, manufactures precision plastic components used in industries such as furniture, home appliances, and automotive assemblies. The company specialises in producing injection-moulded parts using materials like polypropylene (PP), ABS, HDPE, and other engineering plastics.

IPO GMP

+₹10

+16.67% expected gain

Price Band

₹55 - ₹60

Lot Size

4000 shares

Min Investment

₹2,40,000

Listing Date

July 7, 2026

About Atharva Polyplast

Company overview, business, and key facts.

Atharva Poly-Plast, established in 2015, manufactures precision plastic components used in industries such as furniture, home appliances, and automotive assemblies. The company specialises in producing injection-moulded parts using materials like polypropylene (PP), ABS, HDPE, and other engineering plastics.

The company operates a modern manufacturing facility spread over 2,34,614 square feet, with a production area of 40,000 square feet. It is equipped with 17 injection moulding machines ranging from 100 tonnes to 1000 tonnes, enabling it to manufacture a wide range of high-quality plastic components efficiently.

Founded

2015

Headquarters

Pune, Maharashtra

Promoters

Anujit Shivaji Darade, Shivaji Kisan Darade, Ashish Shivaji Darade

Website

https://atharvapolyplast.in/

IPO Details

Issue TypeBookbuilding Issue
Face Value₹10
Price Band₹55 - ₹60
Lot Size4000 shares
Total Issue Size₹27 Cr
Fresh Issue₹27 Cr
Offer for Sale—
Listing AtBSE SME

Subscription Status

How many times each investor category has bid for the issue.

Qualified Institutional (QIB)3.58x
Non-Institutional (NII)14.23x
Retail Individual (RII)10.96x
Total Subscription9.88x

Strengths & Risks

Strengths

  • Review: Neutral

Risks

    Financials

    Restated summary financials for the most recent periods.

    PeriodRevenueProfitAssets
    2023₹46.82₹0.71₹32.92
    2024₹43.09₹2.00₹32.66
    2025₹49.06₹5.29₹30.88
    Jan 2026₹43.90₹4.73₹42.54

    Figures are indicative and restated for presentation.

    Atharva Polyplast IPO Key Numbers

    Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.

    Revenue growth, 2025

    +13.9%

    2.4% a year over the period

    Profit growth, 2025

    +164.5%

    173% a year over the period

    Profit margin (PAT)

    10.8%

    EBITDA margin 19.32%

    ROE / ROCE

    50.99% / 35.31%

    As published in the offer document

    Debt to equity

    0.53

    Issue mix

    100% fresh / 0% sale

    Fresh issue goes to the company, offer for sale to selling shareholders

    GMP-implied gain per lot

    ₹40,000

    4000 shares on ₹2,40,000. GMP is unofficial.

    What stands out

    • Profit grew 164.5% in 2025.

    Watch-outs

    • 1 use-of-proceeds item(s) have no disclosed amount.
    Listing price scenarios
    If the current GMP holds₹70.00+16.7%
    If the grey market premium disappears₹60.000%

    Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.

    Not yet available for this IPO: GMP history (fewer than 3 data points), post-IPO share count (market cap and P/E not computable), published risk factors.

    IPO Analysis SummaryAI-generated

    A plain-language review of Atharva Polyplast's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.

    Atharva Polyplast IPO Review

    Analysis based on live GMP, subscription, and issue details.

    As of today, Atharva Polyplast IPO is trading at a grey market premium (GMP) of +₹10 (+16.67% estimated listing gain), indicating positive market sentiment.

    The IPO has been subscribed 9.88x overall — QIB: 3.58x, NII: 14.23x, Retail: 10.96x.

    Atharva Polyplast IPO subscription has closed. The shares are expected to list on July 7, 2026.

    The minimum investment required is ₹2,40,000 for 4000 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.

    Key strengths include: Review: Neutral.

    Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.

    Atharva Polyplast IPO — Frequently Asked Questions

    What is Atharva Polyplast IPO GMP today?

    Atharva Polyplast IPO GMP (grey market premium) today is +₹10, suggesting an estimated listing gain of +16.67%. GMP is indicative and subject to change.

    What is the price band of Atharva Polyplast IPO?

    The price band for Atharva Polyplast IPO is ₹55 - ₹60 with a lot size of 4000 shares. The minimum investment required is ₹2,40,000.

    When is Atharva Polyplast IPO allotment date?

    Atharva Polyplast IPO allotment is expected to be finalised on July 3, 2026. You can check your allotment status on the registrar's website (MUFG Intime India Pvt. Ltd.) using your PAN number.

    When will Atharva Polyplast IPO list on NSE/BSE?

    Atharva Polyplast IPO is expected to list on BSE SME on July 7, 2026.

    How to check Atharva Polyplast IPO allotment status?

    To check Atharva Polyplast IPO allotment status, visit the registrar's website (MUFG Intime India Pvt. Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.

    Should I apply for Atharva Polyplast IPO?

    Atharva Polyplast IPO has a GMP of +₹10. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.

    What is the lot size of Atharva Polyplast IPO?

    The lot size for Atharva Polyplast IPO is 4000 shares per lot. The minimum investment for retail investors is ₹2,40,000. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.

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