Bookbuilding IPO | ₹45 Cr | Listed at NSE SME | Mon, Aug 4, 2025 - Wed, Aug 6, 2025
Aaradhya Disposal IPO is a book build issue of ₹45.10 crores. The issue is entirely a fresh issue of 0.39 crore shares of ₹45.10 crore.
Aaradhya Disposal IPO bidding started from Aug 4, 2025 and ended on Aug 6, 2025. The allotment for Aaradhya Disposal IPO was finalized on Aug 7, 2025. The shares got listed on NSE SME on Aug 11, 2025.
Aaradhya Disposal IPO price band is set at ₹116 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,78,400 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹4,17,600.
Khambatta Securities Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Prabhat Financial Services Ltd..
Refer to Aaradhya Disposal IPO RHP for detailed Information.
IPO Open
Mon, Aug 4, 2025
IPO Close
Wed, Aug 6, 2025
Issue Price
₹116 per share
Market Cap (Pre-IPO)
₹164.00 Cr
| IPO Date | 4 to 6 Aug, 2025 |
| Listed on | Mon, Aug 11, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹110 to ₹116 |
| Issue Price | ₹116 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 38,88,000 shares (agg. up to ₹45 Cr) |
| Reserved for Market Maker | 1,94,400 shares Prabhat Financial Services Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 36,93,600 shares (agg. up to ₹43 Cr) |
| Net Offered to Public | 36,93,600 shares (agg. up to ₹43 Cr) |
| Share Holding Pre Issue | 1,02,50,000 shares |
| Share Holding Post Issue | 1,41,38,000 shares |
| NSE Symbol | AARADHYA |
| ISIN | INE124401014 |
Aaradhya Disposal IPO comprises a total issue size of 38,88,000 shares. The net offer to the public is 36,93,600 shares, after excluding 1,94,400 shares allotted on a firm basis. Of the Net offer 1,84,800 (5.00%) are allocated to QIB, 17,54,400 (47.50%) allocated to NII 17,54,400 (47.50%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 1,84,800 | 5.00% | 4.75% |
| NII (HNI) Shares Offered | 17,54,400 | 47.50% | 45.12% |
| − bNII > ₹10L | 11,68,800 | 30.06% | |
| − sNII < ₹10L | 5,85,600 | 15.06% | |
| Retail Shares Offered | 17,54,400 | 47.50% | 45.12% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,94,400 | 5.00% | |
| Total Shares Offered | 38,88,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,78,400 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,78,400 |
| S-HNI (Min) | 3 | 3,600 | ₹4,17,600 |
| S-HNI (Max) | 7 | 8,400 | ₹9,74,400 |
| B-HNI (Min) | 8 | 9,600 | ₹11,13,600 |
Established in January 2014, Aaradhya Disposal Industries Limited is engaged in the manufacturing and exporting of paper products, which encompass paper cup blanks, ripple paper, and coated paper rolls.
The company offers an extensive range of paper-based solutions that are engineered for performance, sustainability, and versatility, which mainly includes:
The company provides customized solutions to meet unique customer needs. Whether for retail packaging, foodservice, or commercial printing, our products are trusted for quality, performance, and sustainability.
As of the date of this Red Herring Prospectus (July 25, 2025), the company have one operational manufacturing facility located in Dewas at Madhya Pradesh, which has two Plants/Units (E-1 and E-2) with a total installed capacity of 15,000 Metric Tonnes Per Annum over an area of 52,151 square feet as of March 31, 2025.
The company serves Indian and global markets, exporting to Asia and the Middle East. Its distribution network and central India location ensure efficient logistics and delivery.
As of June 30, 2025, the company had 33 permanent employees.
Aaradhya Disposal Industries Ltd.'s revenue increased by 54% and profit after tax (PAT) rose by 158% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 83.08 | 71.21 | 62.54 |
| Total Income | 113.69 | 73.93 | 84.15 |
| Profit After Tax | 10.27 | 3.99 | 2.14 |
| EBITDA | 17.84 | 7.28 | 3.41 |
| NET Worth | 29.47 | 16.68 | 12.70 |
| Reserves and Surplus | 19.22 | 11.69 | 7.71 |
| Total Borrowing | 39.66 | 45.20 | 39.75 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 20.00 |
| 2 | To fund the expansion plan of the Company i.e. Capital expenditure towards purchase of Plant and Machinery and Civil Work | 15.86 |
| 3 | Prepayment of term loans to banks | 1.60 |
| 4 | General Corporate Purpose | 5.14 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 44.53% |
| ROCE | 25.15% |
| Debt/Equity | 1.35 |
| RoNW | 34.87% |
| PAT Margin | 9.04% |
| EBITDA Margin | 15.69% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 10.02 | 7.27 |
| P/E (x) | 11.57 | 15.96 |
| Promoter Holding | 97.36% | 70.58% |
| Market Cap | ₹164.00 Cr. |
The Aaradhya Disposal IPO is subscribed 1.37 times on August 6, 2025 3:20:01 PM (Day 3). The public issue subscribed 1.38 times in the individual investors category, 2.51 times in the QIB category, and 1.24 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 2.51 | 1,84,800 | 4,63,200 | 3 |
| NII* | 1.24 | 17,54,400 | 21,82,800 | 98 |
| bNII (bids above ₹10L) | 1.65 | 11,68,800 | 19,28,400 | |
| sNII (bids below ₹10L) | 0.43 | 5,85,600 | 2,54,400 | |
| Individual Investors | 1.38 | 17,54,400 | 24,28,800 | 1,012 |
| Total | 1.37 | 36,93,600 | 50,74,800 | 1,113 |
Total Application : 1,113
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the Book Running Lead Manager | 0.50 |
| 2 | Underwriting Commission | 0.23 |
| 3 | Fees Payable to Registrar to the Issue | 0.01 |
| 4 | Fees Payable to the legal advisor to the Issue | 0.03 |
| 5 | Fees Payable Advertising, Marketing Expenses and Printing Expenses | 1.51 |
| 6 | Fees Payable to Regulators including Stock Exchange and other Intermediaries | 0.09 |
| 7 | Fees payable to Peer Review Auditor | 0.05 |
| 8 | Fees Payable to Market Maker (for first year) | 0.03 |
| 9 | Processing fees to SCSBs for ASBA Applications procured by the members of the Syndicate or Registered Brokers and submitted with the SCSBs* | 0.01 |
| 10 | Processing fees to Issuer banks for UPI Mechanism w.r.t application Forms procured by the members of the Syndicate, Registered Brokers, RTA or the CDPs and submitted to them | 0.01 |
| 11 | Other expenses | 0.04 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹116.00 |
| Open | ₹111.00 |
| Low | ₹110.45 |
| High | ₹116.55 |
| Last Trade | ₹116.55 |
Lead Manager Reports
Aaradhya Disposal IPO is a SME IPO of 38,88,000 equity shares of the face value of ₹10 aggregating up to ₹45 Crores. The issue is priced at ₹116 per share. The minimum order quantity is 1200.
The IPO opens on Mon, Aug 4, 2025, and closes on Wed, Aug 6, 2025.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Aaradhya Disposal IPO using UPI as a payment gateway. Zerodha customers can apply in Aaradhya Disposal IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Aaradhya Disposal IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Aaradhya Disposal IPO opens on Mon, Aug 4, 2025 and closes on Wed, Aug 6, 2025.
Aaradhya Disposal IPO lot size is 1200, and the minimum amount required for application is ₹2,78,400, with 2 lots being the minimum application size.
You can apply in Aaradhya Disposal IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Aaradhya Disposal IPO will be done on Thursday, August 7, 2025, and the allotted shares will be credited to your demat account by Fri, Aug 8, 2025. Check the Aaradhya Disposal IPO allotment status.
The Aaradhya Disposal IPO listing date is on Mon, Aug 11, 2025.
