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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 ₹116.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,64,000.00 (2,400 shares). The minimum lot size investment for 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 Date | August 4, 2025 to August 6, 2025 |
| Listing Date | August 11, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹110 to ₹116 per share |
| Issue Price Final | ₹116 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 38,88,000 shares (aggregating up to ₹45.10 Cr) |
| Reserved for Market Maker | 1,94,400 shares Prabhat Financial Services Ltd. (aggregating up to ₹2.26 Cr) |
| Net Offered to Public | 36,93,600 shares (aggregating up to ₹42.85 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,02,50,000 shares |
| Share Holding Post Issue | 1,41,38,000 shares |
Aaradhya Disposal IPO offers total 38,88,000 shares. Out of which 1,84,800 (4.75%) allocated to QIB, 17,54,400 (45.12%) allocated to NII, 17,54,400 (45.12%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,94,400 (5.00%) |
| QIB Shares Offered | 1,84,800 (4.75%) |
| NII (HNI) Shares Offered | 17,54,400 (45.12%) |
| − bNII > ₹10L | 11,68,800 (30.06%) |
| − sNII < ₹10L | 5,85,600 (15.06%) |
| Retail Shares Offered | 17,54,400 (45.12%) |
| Total Shares Offered | 38,88,000 (100.00%) |
Aaradhya Disposal IPO opens on August 4, 2025, and closes on August 6, 2025.
| IPO Open Date | Mon, Aug 4, 2025 |
| IPO Close Date | Wed, Aug 6, 2025 |
| Tentative Allotment | Thu, Aug 7, 2025 |
| Initiation of Refunds | Fri, Aug 8, 2025 |
| Credit of Shares to Demat | Fri, Aug 8, 2025 |
| Tentative Listing Date | Mon, Aug 11, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Aug 6, 2025 |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,78,400 |
| Individual investors (Retail) (Min) | 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 market capitalization of Aaradhya Disposal IPO is ₹164.00 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| 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 Rs | 10.02 | 7.27 |
| P/E (x) | 11.57 | 15.96 |
The Company Aaradhya Disposal IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 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 |
[Dilip Davda] ADIL is engaged in manufacturing of paper products catering to wide range of industries. The company posted inconsistency in its top lines for the reported periods. The bottom line marked gains following adding diverse range of high margin biodegrade products. Based on its recent financial data, the issue appears fully priced. Well-informed investors may park funds for long term. Read detail review...
| Listing Date | August 11, 2025 |
| BSE Script Code | |
| NSE Symbol | AARADHYA |
| ISIN | INE124401014 |
| Final Issue Price | ₹116 per share |
| NSE Listing Group | SM |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹116.00 |
| Open | ₹111.00 |
| Low | ₹110.45 |
| High | ₹116.55 |
| Last Trade | ₹116.55 |
Aaradhya Disposal Industries Ltd.
Plot E-1,
Industrial Area No-1
A.B. Road
Dewas, Madhya Pradesh, 455001
Phone: +91-7880132743
Email: cs@aaradhyadisposalindustriesltd.in
Website: https://www.aaradhyadisposalindustriesltd.in/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Aaradhya Disposal IPO is a SME IPO of 38,88,000 equity shares of the face value of ₹10 aggregating up to ₹45.10 Crores. The issue is priced at ₹116 per share. The minimum order quantity is 1200.
The IPO opens on August 4, 2025, and closes on August 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 August 4, 2025 and closes on August 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 Friday, August 8, 2025. Check the Aaradhya Disposal IPO allotment status.
The Aaradhya Disposal IPO listing date is on Monday, August 11, 2025.
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