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Aritas Vinyl IPO

₹40 – ₹40 · Issue Size ₹38 Cr

IPO Overview

StatusClosed
Price Band₹40 – ₹40
Issue Size₹38 Cr
Lot Size6000 shares
Min Investment₹2,82,000
Face Value₹10
Issue Structure
Fresh Issue₹33 Cr
Offer for Sale₹9,84,400 Cr
Total Size₹38 Cr

Business Model

Competitive Advantages
  • The Company endeavours for better quality products that would enable the business to grow into one of the leading
  • Artificial leather manufacturers in the region and an established player in the market. The Company’s products are
  • Quality & Customization:
  • Our Company is ISO 9001:2015 and IATF 16949:2016, certified for quality management system standard, to
  • Quality assurance and quality control are integral part of our manufacturing operations. We cater to specific client

IPO Timeline

Open Date16 Jan 2026
Close Date20 Jan 2026
Allotment21 Jan 2026
Refund22 Jan 2026
Credit to Demat22 Jan 2026
Listing Date23 Jan 2026

Objects of the Issue

The present Public Issue up to 79,83,000 Equity Shares comprises of Fresh issue of 69,98,600 Equity Shares and an offer for sale by selling shareholders of 9,84,400 Equity Shares at an issue price of per Equity Share. The Offer for Sale the company will not receive any proceeds of the Offer for Sale by the Selling Shareholders. The Selling Shareholders will be entitled to the respective proportion of the proceeds of the Offer for Sale after deducting their portion of the Offer related expenses a

PurposeAmount
O&M Cost: RS per year with 5% escalation per 2 years.₹0.03 Cr
Generation Guarantee of unit per MWP for first year from second year₹0.16 Cr
As of August, 31, 2025, and March 31,2025 our net working capital stood at and 4188.66,₹45.58 Cr
Lakhs reflecting an increase from as of March 31, 2024 and 2896.42 Lakhs as on March 31,₹42.87 Cr

Risk Factors

SEBI Reg. No.:INM000012856low
SEBI Reg. No.: INR000001385low
BID/ OFFER OPENS ON: FRIDAY, JANUARY 16, 2026 BID/ OFFER CLOSE ON**: TUESDAY, JANUARY 20, 2026low

**Our Company may in consultation with the BRLM, consider closing the Bid/Issue Period for QIBs one Working Day prior to the Bid/Issue Closing Date in accordance with the SEBI

Strengths & Weaknesses

Strengths

  • The Company endeavours for better quality products that would enable the business to grow into one of the leading
  • Artificial leather manufacturers in the region and an established player in the market. The Company’s products are
  • Quality & Customization:
  • Our Company is ISO 9001:2015 and IATF 16949:2016, certified for quality management system standard, to
  • Quality assurance and quality control are integral part of our manufacturing operations. We cater to specific client

Weaknesses

  • !SEBI Reg. No.:INM000012856

Management & Promoters

A
Ankit Anilbhai AgrawalDirector
M
Mohit Ashokkumar AgrawalDirector Status: Executive Director
S
Sona Sunderlal BachaniIndependent Director Status: Non-Executive Director
V
Virendra Kumar KhandelwalIndependent Director
Y
Yarn Syndicate LtdIndependent Director
A
Appointment OtherDirector

Shareholding Pattern

Pre-IPO
Category%
QIB5%

Peer Comparison

CompanyP/EEPS
Aritas Vinyl IPO
Nehru Nagar Ahmedabad - Gujarat India
(M) +-91.0x

Pre-IPO Financials

PeriodRevenue (Cr)PAT (Cr)Net Worth (Cr)Total Assets (Cr)
August 2025₹0.03 Cr₹1.71 Cr₹0.01 Cr₹46.71 Cr
March 2025₹-0.18 Cr₹1.02 Cr₹12.69 Cr₹98.25 Cr
March 2024₹20.06 Cr₹-0.05 Cr₹12.69 Cr₹95.26 Cr
March 2023₹0.04 Cr₹2.5 Cr₹76.12 Cr
2013₹0.22 Cr₹2.5 Cr₹57.95 Cr

About

Aritas Vinyl Private Limited, founded in 2020, is one of the leading companies involved in the manufacturing of technical textiles. The company utilizes the latest technology, known as Transfer Coating Technology, to produce artificial leather, also referred to as PU Synthetic leather, and PVC-coated leather. Aritas Vinyl manufactures Artificial leather to cater to the automotive, fashion, and interior design industries. Unlike firms that produce animal leathers, Aritas has been known to offer s

Industry Overview

98 Business Overview 109 Key Industry Regulations and Policies 134 History and Certain Corporate Matters 146 Our Management 149 Our Promoters and Promoter Group 162 Dividend Policy 168 Section VI – Financial Information Restated Financial Information 169 Management’s Discussion and Analysis of Financial Condition and Results of Operations 203 Financial Indebtedness 210 Other Financial Information 214 Section VII – Legal and Other Regulatory Information Outstanding Litigation and Material Developments 215 Government and Other Statutory Approvals 220 Financial Information of Our Group Companies

ExchangeNSE
Issue Typesme
Face Value10 per share

Documents

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