Aritas Vinyl IPO Details
Aritas Vinyl IPO Summary

Aritas Vinyl IPO opens for subscription on 16 Jan 2026 and closes on 20 Jan 2026.The IPO will be listed on BSE with the tentative listing date set for 23 Jan 2026.
Aritas Vinyl IPO price band has been fixed at ₹40 – ₹47 per share. The face value is ₹10 per share with a lot size of 3000.
Aritas Vinyl IPO total issue size comprises 79,83,000 shares (aggregating up to ₹37.52 Cr.). This includes a fresh issue of 69,98,600 shares (aggregating up to ₹32.89 Cr.). Offer for Sale consists of 9,84,400 shares (aggregating up to ₹4.63 Cr.). Pre-issue shareholding stands at 1,26,90,080, which will increase to 1,96,88,680 post-issue.
Aritas Vinyl IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
Aritas Vinyl IPO Lot Size :Individual Minimum is 2 lots (6,000 shares) amounting to ₹282,000. Individual Maximum is 2 lots (6,000 shares) amounting to ₹282,000. SHNI Minimum is 3 lots (9,000 shares) amounting to ₹423,000. SHNI Maximum is 7 lots (21,000 shares) amounting to ₹987,000. BHNI Minimum is 8 lots (24,000 shares) amounting to ₹1,128,000.
The Lead Managers for Aritas Vinyl IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Interactive Financial Services Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Giriraj Stock Broking. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Aritas Vinyl Limited RHP.
Aritas Vinyl IPO Details
Aritas Vinyl IPO Subscription
Aritas Vinyl IPO Application Wise Breakup
Aritas Vinyl IPO Dates
- 16 Jan 2026Opening dateOpen
- 20 Jan 2026Closing dateClose
- 21 Jan 2026Allotment Date Allotment
- 22 Jan 2026Initiation of RefundsRefund
- 22 Jan 2026Credit of SharesCredit
- 23 Jan 2026Listing dateListing
Aritas Vinyl IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 6000 | ₹282,000 |
| Individual Maximum | 2 | 6000 | ₹282,000 |
| SHNI Minimum | 3 | 9000 | ₹423,000 |
| SHNI Maximum | 7 | 21000 | ₹987,000 |
| BHNI Minimum | 8 | 24000 | ₹1,128,000 |
Aritas Vinyl IPO Reservation
Promoter Holding
Documents
Aritas Vinyl IPO Valuations
Aritas Vinyl Financial Information
| 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 |
| Amount in ₹ Crore | ||||
About Aritas Vinyl IPO
Aritas Vinyl Private Limited, incorporated in 2020, is engaged in the manufacturing and trading of technical textiles, primarily artificial leather, including PU synthetic leather and PVC-coated leather. The Company utilizes advanced Transfer Coating Technology to manufacture value-added synthetic leather products designed to meet diverse functional and aesthetic requirements.
The Company’s product portfolio includes artificial leather, PVC vinyl, and related coated textile products, catering to multiple end-use industries such as automotive, fashion accessories, and interior design. Its offerings are positioned as sustainable alternatives to traditional animal leather, supporting changing consumer preferences and regulatory trends.
Aritas Vinyl supplies its products to distributors, wholesalers, and manufacturers, and also services export markets, including Greece, Oman, the UAE, Sri Lanka, the USA, and Special Economic Zones (SEZs). This diversified customer base enables the Company to maintain demand stability across domestic and international markets.
The Company operates a manufacturing facility located at Kubadthal, Ahmedabad, spread across approximately 6,067 square metres, with an annual installed production capacity of about 7.8 million square metres. The facility is equipped to efficiently cater to large-volume orders while maintaining consistent quality standards.
Product Applications
- Automotive Upholstery: PU leather and PVC vinyl used for seats, door trims, steering wheel covers, and related interior components.
- Fashion Accessories: Artificial leather for bags, wallets, laptop sleeves, purses, and similar products, available in a wide range of colours, finishes, and textures.
- Interior Design: PVC vinyl solutions for wall coverings and upholstery in residential and commercial spaces.
Through its technology-driven manufacturing process, diversified applications, and growing export presence, Aritas Vinyl Private Limited aims to strengthen its position in the technical textiles and synthetic leather segment.
Strength Of Aritas Vinyl IPO
- Improve and increase Operational efficiencies and cost minimization.
- Market Penetration & Development.
- Focus on the product development of new products, through process innovation.
- Establish OEM Partnerships.
- Enhancing branding, promotional and marketing activities.
Risk Of Aritas Vinyl IPO
- We have a limited operating history in manufacturing.
- The Company has made Preferential allotment in the financial year 2020-21 for the allotment of 20,00,000 Equity shares on Various Dates without obtaining the valuation report from the registered valuer as required u/s 62(1)(c) of the companies act 2013.
- Our Manufacturing Units are subject to inspection under the GPCB.
- We use certain raw materials which are easily inflammable, any event of fire or misshape could expose us to the risk of liabilities, loss of revenue and increased expenses.
- We are subject to strict compliance of the quality and use of our products. Any deviation of the quality not as per the specification of the customers may harm our reputation and/or have an adverse impact on our sales, revenue and profitability.
- The disadvantages of artificial leather include environmentally harmful production, environmentally harmful disposal and the comparatively lower quality compared to real leather. So, if Government imposes restrictions/new regulations on the production and use of artificial leather, it will have an adverse effect on our business, revenue and profitability.
- The company durability of the artificial Leather is less as compared to Real Leather, and therefore the company has to faces competition with real leathe manufacturerr. If, the company ais unable to compete with real leather, its business and profitability will be adversely affected.
- The company operates in a heavily regulated sector which requires strict compliances and its operations are subject to environmental, health and safety Regulations.
- A shortage or non-availability of utilities like electricity, fuel or water may adversely affect our manufacturing operations and have an adverse effect on our business, results of operations and financial condition.
- Our business depends on our manufacturing facility and the loss of or shutdown of our manufacturing unit on any grounds could adversely affect our business or results of operations.
Objectives Aritas Vinyl IPO
1. Capital Expenditure for Solar Power Project
2. Working Capital
3. General corporate purposes
Company Contact Details
Aritas Vinyl Limited
Survey No. 1134, Near Elegant Vinyl Private Limited,
Daskroi, Ahmedabad, Gujarat, 382430
Phone: 9998852850
Email: info@aritasvinyl.com
Website: http://www.aritasvinyl.com/
Registrar Contact Details
Aritas Vinyl FAQs
The Aritas Vinyl IPO is a SME public issue comprising 7983000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹37.52 Cr.. The issue price has been fixed at ₹47 per equity share, and the minimum application size is 3000 shares.
The IPO opens for subscription on 16 Jan 2026, and closes on 20 Jan 2026.
Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹0 (0%).

