Atharva Polyplast IPO

Listed SME
Min Investment
₹2,40,000
4000 Shares
Min Investment
₹2,40,000 · 4000 Shares
Open Jun 30
Close Jul 02
Allotment Jul 03
Refund Jul 06
Listing Jul 07

Market Sentiment

+Rs 1
+1.7%
Est. Listing: Rs 61
Updated: Jul 02, 2026 4:21 pm
Subscription Status
QIB
3.58x
NII
14.29x
bNII (>10L)
19.32x
sNII (2-10L)
19.32x
Retail
11.30x
Total
10.05x
Updated: Jul 02, 2026 5:02 pm IST
Analysis Score 43 / 100
Neutral
Data: 80%
GMP Score 35
Subscription Score 40
Financial Health 66
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹55-60 per equity share
Face Value₹10 Per Equity Share
Lot Size 4000 shares (Min ₹2,40,000)
Total Issue Size ₹27.00 crore
Fresh Share₹27.00 crore
Issue TypeBookbuilding Issue
Lead ManagerHorizon Management Pvt.Ltd.
RegistrarMUFG Intime India Pvt. Ltd.
Listing atBSE
ISIN
Listing Price₹69.00
Listing Gain+15.00%

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 4,000 ₹2,40,000
Retail Maximum 2 4,000 ₹2,40,000
S-HNI Minimum 3 6,000 ₹3,60,000
S-HNI Maximum 8 16,000 ₹9,60,000
B-HNI Minimum 9 18,000 ₹10,80,000
Budget to Lots Calculator

IPO Reservation

Category Shares Offered Shares %
QIB8,56,00028.53%
NII (HNI)6,42,00021.40%
bNII > ₹10L4,28,00014.27%
sNII < ₹10L2,14,0007.13%
Retail15,02,00050.07%
Anchor12,74,00042.47%
Total30,00,000100.00%

Day-wise Subscription (times subscribed)

Category Day 1 Day 2 Day 3
QIB 0.19x 1.18x 3.58x
NII 1.89x 2.26x 14.29x
bNII > ₹10L 2.56x 3.05x 19.32x
sNII 2-10L 2.56x 3.05x 19.32x
Retail 1.89x 2.84x 11.30x
Total 1.44x 2.24x 10.05x

Financial Analysis

Financial Data
EPS (Pre)
Rs 4.28
ROE
50.99%
ROCE
35.31%
RoNW
40.63%
EBITDA Margin
19.32%
Debt/Equity
0.53
NAV/Share
Rs 10.53
Revenue Growth
13.85%
Profit Margin
10.78%
Financial Performance
Metric 2023 2024 2025 Jan 2026
Revenue 46.82 43.09 49.06 43.90
Expense 46.02 40.48 42.51 37.96
Profit (PAT) 0.71 2.00 5.29 4.73
Total Assets 32.92 32.66 30.88 42.54
Values in Crores (₹)
Promoters & Holding Pattern

Promoters: Anujit Shivaji Darade, Shivaji Kisan Darade and Ashish Shivaji Darade

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 1,23,49,998 100.00%
Promoter Holding Post Issue 1,68,49,998 73.29%

Strengths & Risks

Strengths
  • Heavily oversubscribed — 10.1x overall (so far).
  • Strong institutional (QIB) demand — 3.6x.
  • Solid profit margin — 10.8%.
  • Strong return on equity — 51%.
Risks & Concerns

No major red flags in the available data.

Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Atharva Polyplast

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.

Objects of the Issue
Purpose Amount (Cr)
Funding Capital Expenditure of the Company 3.00
Repayment and/or pre-payment, in full or part, of borrowing availed by the Company 3.00
Funding working capital requirements of the Company 13.00
General Corporate Purpose -

Resources & Documents

Anchor Investors
Anchor Bidding Date
June 29, 2026
Shares Offered to Anchors
12,74,000
Lock-in End (30 Days, 50%)
August 02, 2026
Lock-in End (90 Days, 50%)
October 01, 2026
Company Contact Information

Atharva Polyplast Ltd., W-163A,, S Block MIDC Bhosari, Pune, Maharashtra, 411026

Atharva Polyplast IPO — Quick Take

Atharva Polyplast has set a price band of Rs 55–Rs 60 per share for an issue size of Rs 27 crore. The stock listed with a 15.00% gain versus its issue price on July 07, 2026.

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 issue is promoted by Anujit Shivaji Darade, Shivaji Kisan Darade and Ashish Shivaji Darade with Horizon Management Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding Capital Expenditure of the Company (Rs 3 crore) and Repayment and/or pre-payment, in full or part, of borrowing availed by the Company (Rs 3 crore).

Grey market is quoting a premium of +Rs 1 (+1.7% over issue price), down Rs 7 from the previous session. Final subscription data records overall subscription at 10.05x, retail at 11.30x, QIB at 3.58x, NII at 14.29x.

On fundamentals, the company is posting revenue growth of 13.9%, a profit margin of 10.8%, return on equity of 51.0% in its most recent reported period. Listed peers in this segment include Master Components Limited (P/E 39.16x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.

Our data-driven engine currently flags this issue as a Neutral stance — the data is mixed and the risk-reward is balanced rather than one-sided. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Atharva Polyplast IPO is Rs 55 to Rs 60 per share. Face value is Rs 10 per share.

The total issue size of Atharva Polyplast IPO is Rs 27 crore, comprising fresh issue of Rs 27 crore.

Retail investors must apply for a minimum of 1 lot of 4000 shares, requiring an investment of Rs 2,40,000.

Atharva Polyplast IPO opens for subscription on June 30, 2026 and closes on July 02, 2026. Anchor investor bidding is scheduled for June 29, 2026.

The expected allotment date for Atharva Polyplast IPO is July 03, 2026. Refunds for unsuccessful applicants are expected on July 06, 2026.

Atharva Polyplast IPO is scheduled to list on July 07, 2026 on BSE. BSE script code: –, ISIN: –.

The current GMP (Grey Market Premium) of Atharva Polyplast IPO is +Rs 1 (+1.7% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

Atharva Polyplast IPO is currently subscribed 10.05 times overall — retail at 11.30x, QIB at 3.58x, NII at 14.29x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 11.30x for Atharva Polyplast IPO, the estimated retail allotment probability is approximately 10.1%. This is a moderate probability of allotment.

The registrar for Atharva Polyplast IPO is MUFG Intime India Pvt. Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Atharva Polyplast IPO are Horizon Management Pvt.Ltd..

The promoter(s) of Atharva Polyplast are Anujit Shivaji Darade, Shivaji Kisan Darade and Ashish Shivaji Darade.

Atharva Polyplast IPO GMP — What It Means

The latest grey market premium for Atharva Polyplast IPO is ₹1 (+1.7%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Atharva Polyplast it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

See the full Atharva Polyplast GMP history and trend, or learn how grey market premium works and how reliable it is.

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