| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹37.52 Cr |
| Reserved for Market Maker | ₹1.89 Cr |
| Net Issue Size | ₹37.52 Cr |
| Fresh Issue | ₹31.00 Cr |
| Offer for Sale | ₹4.63 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน40.00-47.00 per share |
| BSE Code | 544683 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Interactive Financial Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 6,000 shares ยท Multiples of 3,000 shares
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:
Competitve Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน 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 |
| 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 | ||||
| KPI | Aug 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 11.16% | 31.23% |
| ROCE | 11.14% | 21.99% |
| Debt / Equity | 1.65% | 1.80% |
| RoNW | 25.51% | 20.36% |
| PAT Margin | 5.97% | 4.23% |
| EBITDA Margin | 11.20% | 8.81% |
| Price to Book Value | 2.62 | 2.94 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 3.26 | 2.95 |
| P/E (x) | 14.43 | 15.93 |
| Promoter Holding | 47.22% | 27.99% |
| Market Cap | โน92.54 Cr. | |