Comparison between Atharva Polyplast IPO and Elfin Agro India IPO.
Atharva Polyplast IPO is a SME Fixed Price IPO proposed to list at BSE SME while Elfin Agro India IPO is a SME Fixed Price proposed to list at BSE SME.
| Atharva Polyplast IPO | Elfin Agro India IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Horizon Management Pvt.Ltd. | Finshore Management Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | R.K.Stock Holding Pvt.Ltd. | Shilpa Stock Broker Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Atharva Polyplast IPO is up to ₹25.64 Cr whereas the issue size of the Elfin Agro India IPO is up to ₹23.77 Cr. The final issue price of Atharva Polyplast IPO is ₹60.00 per share and of Elfin Agro India IPO is ₹47.00 per share.
| Atharva Polyplast IPO | Elfin Agro India IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹55.00 per share | |
| Issue Price (Upper) | ₹60.00 per share | |
| Issue Price (Final) | ₹60.00 per share | ₹47.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 42,74,000 shares | 50,58,000 shares |
| Fresh Issue Size (Amount) | up to ₹25.64 Cr | up to ₹23.77 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 42,74,000 shares | 50,58,000 shares |
| Issue Size Total (Amount) | up to ₹25.64 Cr | up to ₹23.77 Cr |
Atharva Polyplast IPO opens on Jun 30, 2026, while Elfin Agro India IPO opens on Mar 05, 2026. The closing date of Atharva Polyplast IPO and Elfin Agro India IPO is Jul 02, 2026, and Mar 09, 2026, respectively.
| Atharva Polyplast IPO | Elfin Agro India IPO | |
|---|---|---|
| Anchor Bid Date | Jun 29, 2026 | |
| Issue Open | Jun 30, 2026 | Mar 05, 2026 |
| Issue Close | Jul 02, 2026 | Mar 09, 2026 |
| Basis Of Allotment (Tentative) | Jul 03, 2026 | Mar 10, 2026 |
| Initiation of Refunds (Tentative) | Jul 06, 2026 | Mar 11, 2026 |
| Credit of Share (Tentative) | Jul 06, 2026 | Mar 11, 2026 |
| Listing date (Tentative) | Jul 07, 2026 | Mar 12, 2026 |
| Anchor Lockin End date 1 | Aug 02, 2026 | |
| Anchor Lockin End date 2 | Oct 01, 2026 |
Atharva Polyplast IPO P/E ratio is 14.02, as compared to Elfin Agro India IPO P/E ratio of 13.05.
| Atharva Polyplast IPO | Elfin Agro India IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.29 | 72.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.02 | 13.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹101.10 Cr. | ₹91.30 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 51.00 | 36.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 35.31 | 47.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.88 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.28 | ₹3.60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 40.63 | 36.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Atharva Polyplast IPO Retail Individual Investors (RII) are offered 15,00,000 shares while in Elfin Agro India IPO retail investors are offered 15,00,000 shares. Qualified Institutional Buyers (QIB) are offered 8,56,000 shares in Atharva Polyplast IPO and 0 shares in Elfin Agro India IPO.
| Atharva Polyplast IPO | Elfin Agro India IPO | |
|---|---|---|
| Anchor Investor Reservation | 12,74,000 shares | 0 shares |
| Market Maker Reservation | 2,26,000 shares | 2,67,000 shares |
| QIB | 8,56,000 shares | 0 shares |
| NII | 6,44,000 shares | 25,20,000 shares |
| RII | 15,00,000 shares | 25,38,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 42,74,000 shares | 50,58,000 shares |
Atharva Polyplast IPO subscribed 7.54x in total, whereas Elfin Agro India IPO subscribed 1.35x.
| Atharva Polyplast IPO | Elfin Agro India IPO | |
|---|---|---|
| QIB (times) | 3.58x | |
| NII (times) | 18.91x | 2.12x |
| Big NII (times) | 22.44x | |
| Small NII (times) | 11.91x | |
| RII (times) | 11.32x | 0.59x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.54x | 1.35x |
