Atharva Polyplast IPO vs Pajson Agro India IPO

Comparison between Atharva Polyplast IPO and Pajson Agro India IPO.

IPO Details

Atharva Polyplast IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Pajson Agro India IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Atharva Polyplast IPO is up to ₹25.64 Cr whereas the issue size of the Pajson Agro India IPO is up to ₹70.23 Cr. The final issue price of Atharva Polyplast IPO is ₹60.00 per share and of Pajson Agro India IPO is ₹118.00 per share.

 Atharva Polyplast IPOPajson Agro India IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹55.00 per share₹112.00 per share
Issue Price (Upper)₹60.00 per share₹118.00 per share
Issue Price (Final)₹60.00 per share₹118.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size2000 shares1200 shares
Fresh Issue Size42,74,000 shares59,52,000 shares
Fresh Issue Size (Amount)up to ₹25.64 Crup to ₹70.23 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total42,74,000 shares59,52,000 shares
Issue Size Total (Amount)up to ₹25.64 Crup to ₹70.23 Cr

IPO Timetable

Atharva Polyplast IPO opens on Jun 30, 2026, while Pajson Agro India IPO opens on Dec 11, 2025. The closing date of Atharva Polyplast IPO and Pajson Agro India IPO is Jul 02, 2026, and Dec 15, 2025, respectively.

 Atharva Polyplast IPOPajson Agro India IPO
Anchor Bid DateJun 29, 2026Dec 10, 2025
Issue OpenJun 30, 2026Dec 11, 2025
Issue CloseJul 02, 2026Dec 15, 2025
Basis Of Allotment (Tentative)Jul 03, 2026Dec 16, 2025
Initiation of Refunds (Tentative)Jul 06, 2026Dec 17, 2025
Credit of Share (Tentative)Jul 06, 2026Dec 17, 2025
Listing date (Tentative)Jul 07, 2026Dec 18, 2025
Anchor Lockin End date 1Aug 02, 2026Jan 14, 2026
Anchor Lockin End date 2Oct 01, 2026Mar 15, 2026

Financials & KPIs

Atharva Polyplast IPO P/E ratio is 14.02, as compared to Pajson Agro India IPO P/E ratio of 10.11.

 Atharva Polyplast IPOPajson Agro India IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Jan 202631 Mar 202531 Mar 202431 Mar 2023
Assets42.5430.8832.6632.92
Total Income43.9049.0643.0946.82
Profit After Tax4.735.292.000.71
EBITDA8.369.196.054.77
NET Worth17.7313.017.725.72
Reserves and Surplus5.386.511.22-0.78
Total Borrowing10.047.9113.5916.16
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets151.6365.7355.3950.17
Total Income118.37187.2896.04101.13
Profit After Tax14.2020.423.350.02
EBITDA21.0730.275.741.10
NET Worth58.4044.2123.7920.44
Reserves and Surplus40.9040.7120.2916.94
Total Borrowing40.0414.5714.570.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10085
Promoter Shareholding (Post-Issue)73.2962.47
P/E Ratio14.0210.11
Market Cap₹101.10 Cr.₹280.95 Cr.
ROE51.0060.05
ROCE35.3148.21
Debt/Equity0.33
EPS₹4.28₹11.67
RoNW40.6346.18

Shares Offered

In the Atharva Polyplast IPO Retail Individual Investors (RII) are offered 15,00,000 shares while in Pajson 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 11,82,000 shares in Pajson Agro India IPO.

 Atharva Polyplast IPOPajson Agro India IPO
Anchor Investor Reservation12,74,000 shares17,72,400 shares
Market Maker Reservation2,26,000 shares3,57,600 shares
QIB8,56,000 shares11,82,000 shares
NII6,44,000 shares9,00,000 shares
RII15,00,000 shares20,97,600 shares
Employee0 shares0 shares
Others
Total42,74,000 shares59,52,000 shares

Bids Received (Subscription)

Atharva Polyplast IPO subscribed 7.54x in total, whereas Pajson Agro India IPO subscribed 4.56x.

 Atharva Polyplast IPOPajson Agro India IPO
QIB (times)3.58x10.92x
NII (times)18.91x6.86x
Big NII (times)22.44x7.73x
Small NII (times)11.91x5.14x
RII (times)11.32x3.85x
Employee (times)
Other (times)
Total (times)7.54x4.56x

Compare with others

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Atharva Polyplast IPO Vs Pajson Agro India IPO