Atharva Polyplast IPO vs Defrail Technologies IPO

Comparison between Atharva Polyplast IPO and Defrail Technologies IPO.

IPO Details

Atharva Polyplast IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Defrail Technologies 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 Defrail Technologies IPO is up to ₹13.07 Cr. The final issue price of Atharva Polyplast IPO is ₹60.00 per share and of Defrail Technologies IPO is ₹74.00 per share.

 Atharva Polyplast IPODefrail Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹55.00 per share₹70.00 per share
Issue Price (Upper)₹60.00 per share₹74.00 per share
Issue Price (Final)₹60.00 per share₹74.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size42,74,000 shares17,66,400 shares
Fresh Issue Size (Amount)up to ₹25.64 Crup to ₹13.07 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total42,74,000 shares17,66,400 shares
Issue Size Total (Amount)up to ₹25.64 Crup to ₹13.07 Cr

IPO Timetable

Atharva Polyplast IPO opens on Jun 30, 2026, while Defrail Technologies IPO opens on Jan 09, 2026. The closing date of Atharva Polyplast IPO and Defrail Technologies IPO is Jul 02, 2026, and Jan 13, 2026, respectively.

 Atharva Polyplast IPODefrail Technologies IPO
Anchor Bid DateJun 29, 2026Jan 08, 2026
Issue OpenJun 30, 2026Jan 09, 2026
Issue CloseJul 02, 2026Jan 13, 2026
Basis Of Allotment (Tentative)Jul 03, 2026Jan 14, 2026
Initiation of Refunds (Tentative)Jul 06, 2026Jan 15, 2026
Credit of Share (Tentative)Jul 06, 2026Jan 15, 2026
Listing date (Tentative)Jul 07, 2026Jan 19, 2026
Anchor Lockin End date 1Aug 02, 2026Feb 15, 2026
Anchor Lockin End date 2Oct 01, 2026Apr 16, 2026

Financials & KPIs

Atharva Polyplast IPO P/E ratio is 14.02, as compared to Defrail Technologies IPO P/E ratio of 11.18.

 Atharva Polyplast IPODefrail Technologies 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 Consolidated)

Period Ended30 Sep 202531 Mar 202531 Mar 2024
Assets37.2233.911.22
Total Income39.0862.220.72
Profit After Tax1.513.420.11
EBITDA3.445.780.14
NET Worth10.629.120.16
Reserves and Surplus5.463.960.11
Total Borrowing11.7811.560.41
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)73.2973.51
P/E Ratio14.0211.18
Market Cap₹101.10 Cr.₹51.98 Cr.
ROE51.0073.72
ROCE35.3124.43
Debt/Equity1.27
EPS₹4.28₹6.62
RoNW40.6373.72

Shares Offered

In the Atharva Polyplast IPO Retail Individual Investors (RII) are offered 15,00,000 shares while in Defrail Technologies IPO retail investors are offered 15,00,000 shares. Qualified Institutional Buyers (QIB) are offered 8,56,000 shares in Atharva Polyplast IPO and 3,55,200 shares in Defrail Technologies IPO.

 Atharva Polyplast IPODefrail Technologies IPO
Anchor Investor Reservation12,74,000 shares5,18,400 shares
Market Maker Reservation2,26,000 shares94,400 shares
QIB8,56,000 shares3,55,200 shares
NII6,44,000 shares2,68,800 shares
RII15,00,000 shares6,24,000 shares
Employee0 shares0 shares
Others
Total42,74,000 shares17,66,400 shares

Bids Received (Subscription)

Atharva Polyplast IPO subscribed 7.54x in total, whereas Defrail Technologies IPO subscribed 74.56x.

 Atharva Polyplast IPODefrail Technologies IPO
QIB (times)3.58x71.09x
NII (times)18.91x160.95x
Big NII (times)22.44x188.30x
Small NII (times)11.91x107.70x
RII (times)11.32x101.28x
Employee (times)
Other (times)
Total (times)7.54x74.56x

Compare with others

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Atharva Polyplast IPO Vs Defrail Technologies IPO