Comparison between Aritas Vinyl IPO and Arunaya Organics IPO.
Aritas Vinyl IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Arunaya Organics IPO is a SME Bookbuilding proposed to list at NSE SME.
| Aritas Vinyl IPO | Arunaya Organics IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Interactive Financial Services Ltd. | Unistone Capital Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | R.K.Stock Holding Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aritas Vinyl IPO is up to ₹35.63 Cr whereas the issue size of the Arunaya Organics IPO is up to ₹32.27 Cr. The final issue price of Aritas Vinyl IPO is ₹47.00 per share and of Arunaya Organics IPO is ₹58.00 per share.
| Aritas Vinyl IPO | Arunaya Organics IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹40.00 per share | ₹55.00 per share |
| Issue Price (Upper) | ₹47.00 per share | ₹58.00 per share |
| Issue Price (Final) | ₹47.00 per share | ₹58.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 65,96,600 shares | 49,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹31.00 Cr | up to ₹28.79 Cr |
| OFS Issue Size | 9,84,400 shares | 6,00,000 shares |
| OFS Issue Size (Amount) | up to ₹4.63 Cr | up to ₹3.48 Cr |
| Issue Size Total | 75,81,000 shares | 55,64,000 shares |
| Issue Size Total (Amount) | up to ₹35.63 Cr | up to ₹32.27 Cr |
Aritas Vinyl IPO opens on Jan 16, 2026, while Arunaya Organics IPO opens on Apr 29, 2025. The closing date of Aritas Vinyl IPO and Arunaya Organics IPO is Jan 20, 2026, and May 02, 2025, respectively.
| Aritas Vinyl IPO | Arunaya Organics IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 16, 2026 | Apr 29, 2025 |
| Issue Close | Jan 20, 2026 | May 02, 2025 |
| Basis Of Allotment (Tentative) | Jan 21, 2026 | May 05, 2025 |
| Initiation of Refunds (Tentative) | Jan 22, 2026 | May 06, 2025 |
| Credit of Share (Tentative) | Jan 22, 2026 | May 06, 2025 |
| Listing date (Tentative) | Jan 23, 2026 | May 07, 2025 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Aritas Vinyl IPO P/E ratio is 14.43, as compared to Arunaya Organics IPO P/E ratio of 17.55.
| Aritas Vinyl IPO | Arunaya Organics IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 47.22 | 91.72 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 27.99 | 60.79 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.43 | 17.55 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹92.54 Cr. | ₹101.72 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.23% | 44.15% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.99% | 55.71% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.80 | 1.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.26 | ₹3.30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.36% | 36.27% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aritas Vinyl IPO Retail Individual Investors (RII) are offered 45,12,000 shares while in Arunaya Organics IPO retail investors are offered 45,12,000 shares. Qualified Institutional Buyers (QIB) are offered 78,000 shares in Aritas Vinyl IPO and 11,12,000 shares in Arunaya Organics IPO.
| Aritas Vinyl IPO | Arunaya Organics IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 4,02,000 shares | 2,96,000 shares |
| QIB | 78,000 shares | 11,12,000 shares |
| NII | 29,91,000 shares | 22,26,000 shares |
| RII | 45,12,000 shares | 22,26,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 75,81,000 shares | 55,64,000 shares |
Aritas Vinyl IPO subscribed 2.21x in total, whereas Arunaya Organics IPO subscribed 2.53x.
| Aritas Vinyl IPO | Arunaya Organics IPO | |
|---|---|---|
| QIB (times) | 1.00x | 1.01x |
| NII (times) | 1.24x | 1.49x |
| Big NII (times) | 1.28x | |
| Small NII (times) | 1.15x | |
| RII (times) | 2.88x | 4.33x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.21x | 2.53x |
