Bookbuilding IPO | ₹27 Cr | Listed at BSE SME | Tue, Jun 30, 2026 - Thu, Jul 2, 2026
Atharva Polyplast IPO is a book build issue of ₹27.00 crores. The issue is entirely a fresh issue of 0.45 crore shares of ₹27.00 crore.
Atharva Polyplast IPO bidding started from Jun 30, 2026 and ended on Jul 2, 2026. The allotment for Atharva Polyplast IPO was finalized on Jul 3, 2026. The shares got listed on the BSE SME on Jul 7, 2026.
Atharva Polyplast IPO is set final issue price at ₹60 per share. The lot size for an application is 2,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,40,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to ₹3,60,000.
Horizon Management Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is R.K.Stock Holding Pvt.Ltd.
Refer to Atharva Polyplast IPO RHP for detailed Information.
IPO Open
Tue, Jun 30, 2026
IPO Close
Thu, Jul 2, 2026
Issue Price
₹60 per share
Market Cap (Pre-IPO)
₹101.10 Cr
| IPO Date | 30 Jun to 2 Jul, 2026 |
| Listed on | Tue, Jul 7, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹55 to ₹60 |
| Issue Price | ₹60 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 45,00,000 shares (agg. up to ₹27 Cr) |
| Reserved for Market Maker | 2,26,000 shares R.K.Stock Holding Pvt.Ltd. (agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 42,74,000 shares (agg. up to ₹26 Cr) |
| Net Offered to Public | 42,74,000 shares (agg. up to ₹26 Cr) |
| Share Holding Pre Issue | 1,23,49,998 shares |
| Share Holding Post Issue | 1,68,49,998 shares |
| BSE Script Code | 544812 |
| ISIN | INE226801012 |
Atharva Polyplast IPO comprises a total issue size of 45,00,000 shares. The net offer to the public is 42,74,000 shares, after excluding 2,26,000 shares allotted on a firm basis. Of the Net offer 21,30,000 (49.84%) are allocated to QIB, 6,44,000 (15.07%) allocated to NII 15,00,000 (35.10%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 21,30,000 | 49.84% | 47.33% |
| − Anchor Investor Shares Offered | 12,74,000 | 28.31% | |
| − QIB (Ex. Anchor) Shares Offered | 8,56,000 | 19.02% | |
| NII (HNI) Shares Offered | 6,44,000 | 15.07% | 14.31% |
| − bNII > ₹10L | 4,28,000 | 9.51% | |
| − sNII < ₹10L | 2,16,000 | 4.80% | |
| Retail Shares Offered | 15,00,000 | 35.10% | 33.33% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,26,000 | 5.02% | |
| Total Shares Offered | 45,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4,000 | ₹2,40,000 |
| Individual investors (IND) (Max) | 2 | 4,000 | ₹2,40,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,60,000 |
| S-HNI (Max) | 8 | 16,000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 18,000 | ₹10,80,000 |
Atharva Polyplast IPO raises ₹7.64 crore from anchor investors. Atharva Polyplast IPO Anchor bid date is June 29, 2026.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Jun 29, 2026 |
| Shares Offered | 12,74,000 |
| Anchor Portion (₹ Cr.) | 7.64 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sun, Aug 2, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Thu, Oct 1, 2026 |
Incorporated in 2014, Atharva Polyplast is a Pune-based manufacturer of precision plastic components, serving key industries like furniture, home appliances, and automotive. its main focus is on injection moulding using materials such as polypropylene (PP), ABS, HDPE, and engineering polymers.
The company works with OEMs and Tier-1 suppliers in India, offering both B2B manufacturing and co-development support — from mould design and prototyping to final production and quality checks. It also assemble products using fasteners, hinges, and foam parts as per customer requirements.
Its manufacturing facility spans across 2,34,614 sq. ft., with 40,000 sq. ft. of production space in Satara, Maharashtra. It houses over 17 moulding machines (100T to 1000T), helps to serve diverse industries, including furniture, home appliances, automobile, etc.
The company also has an in-house quality control team and its quality management system is certified with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.
Competitive strengths
| Period Ended | 31 Jan 2026 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 42.54 | 30.88 | 32.66 | 32.92 |
| Total Income | 43.90 | 49.06 | 43.09 | 46.82 |
| Profit After Tax | 4.73 | 5.29 | 2.00 | 0.71 |
| EBITDA | 8.36 | 9.19 | 6.05 | 4.77 |
| NET Worth | 17.73 | 13.01 | 7.72 | 5.72 |
| Reserves and Surplus | 5.38 | 6.51 | 1.22 | -0.78 |
| Total Borrowing | 10.04 | 7.91 | 13.59 | 16.16 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Bai Kakaji Polymers Ltd. | SME | ₹105.17 Cr | ₹186 | 15.95 | ₹188.20 | +1.18% | ₹189.40 (-0.32%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure of Company | 3.00 |
| 2 | Repayment and/or pre-payment, in full or part, of borrowing availed by Company | 2.50 |
| 3 | Funding working capital requirements of the Company | 13.00 |
| 4 | General Corporate Purposes | 3.92 |
| 5 | Issue expenses | 4.58 |
| Total | 27.00 |
| KPI | Jan 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 30.74% | 51.00% |
| ROCE | 24.92% | 35.31% |
| Debt/Equity | 0.57 | |
| RoNW | 26.65% | 40.63% |
| PAT Margin | 11.14% | 11.12% |
| EBITDA Margin | 19.71% | 19.32% |
| Price to Book Value | 5.70 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.28 | 3.37 |
| P/E (x) | 14.02 | 17.83 |
| Promoter Holding | 100% | 73.29% |
| Market Cap | ₹101.10 Cr. |
The Atharva Polyplast IPO is subscribed 10.74 times on July 2, 2026 6:54:41 PM (Day 3). The public issue subscribed 11.30 times in the individual investors category, 3.58 times in the QIB category, and 18.97 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 3.58 | 8,56,000 | 30,62,000 | 0 |
| NII* | 18.97 | 6,42,000 | 1,21,76,000 | 0 |
| bNII (> ₹10L) | 22.44 | 4,28,000 | 96,04,000 | |
| sNII (< ₹10L) | 12.02 | 2,14,000 | 25,72,000 | |
| Individual Investor | 11.30 | 15,02,000 | 1,69,80,000 | 0 |
| Total | 10.74 | 30,00,000 | 3,22,18,000 | 5,202 |
Total Applications: 5,202
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the BRLM (inclusive underwriting commission) | 2.24 |
| 2 | Fees Payable to the Registrar to the Issue | 0.02 |
| 3 | Fees Payable for Advertising and Publishing Expenses | 0.37 |
| 4 | Fees Payable to the Regulators including Stock Exchanges | 0.11 |
| 5 | Payment for Printing & Stationery, Postage, etc. | 0.02 |
| 6 | Fees Payable to Auditor and Legal Advisors | 0.20 |
| 7 | Others, if any (Fees payable for Marketing & distribution expenses, Sponsor Bank/Banker(s) to the Issue, Selling Commission, Brokerage, depositories, Independent Chartered Engineers, Depository Participant, Industry Report, Peer Review Auditors and Processing Fees*) | 1.63 |
| Total | 4.58 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹60.00 |
| Open | ₹69.00 |
| Low | ₹69.00 |
| High | ₹72.45 |
| Last Trade | ₹72.45 |
Lead Manager Reports
Atharva Polyplast IPO is a SME IPO of 45,00,000 equity shares of the face value of ₹10 aggregating up to ₹27 Crores. The issue is priced at ₹60 per share. The minimum order quantity is 2000.
The IPO opens on Tue, Jun 30, 2026, and closes on Thu, Jul 2, 2026.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Atharva Polyplast IPO using UPI as a payment gateway. Zerodha customers can apply in Atharva Polyplast IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Atharva Polyplast IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Atharva Polyplast IPO opens on Tue, Jun 30, 2026 and closes on Thu, Jul 2, 2026.
Atharva Polyplast IPO lot size is 2000, and the minimum amount required for application is ₹2,40,000, with 2 lots being the minimum application size.
You can apply in Atharva Polyplast 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 Atharva Polyplast IPO will be done on Friday, July 3, 2026, and the allotted shares will be credited to your demat account by Mon, Jul 6, 2026. Check the Atharva Polyplast IPO allotment status.
The Atharva Polyplast IPO listing date is on Tue, Jul 7, 2026.
